OREANDA-NEWS. December 09, 2009. Kirov city affiliate of Baltiyskiy Lizing gave harvesting equipment costing 15.6 million roubles (US528.4 thousand) to VyatkaLesProm LLC via leasing agreements, as Baltiyskiy Lizing press service informed Lesprom Network.

The forest industry in the region is still in difficult situation, as 70–80% of sawn timber and other products from Kirov region enterprises were normally sent to export markets, and volume of exports decreased considerably due to the crisis.

Forest market shrinked seriously for highly specialized enterprises, as Baltiyskiy Lizing experts believe. Due to this such enterprises claim massively their financial insolvency. In order to maintain sales volume, close loop of production is needed.