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OREANDA-NEWS. Prime Minister Dmitry Medvedev signed a decree according to which the Ministry of Industry and Trade will provide leasing companies with a subsidy of discounts for advance payment under automobile leasing agreements with individual persons, companies and sole proprietors.  This was announced by Denis Manturov, Minister of Industry and Trade.

"Preferential leasing program is a new demand stimulating measure. Traditionally, only companies use leasing in Russia. Now people will also make sure, that to use a vehicle for two-three years and then replace it, instead of buying it, is beneficial.  We expect to sell 16,000 extra vehicles under the new program in 2015, including 10,000 passenger cars, 5,400 trucks and 600 buses "- Denis Manturov said.

44 Russian leasing companies have applied for participation in the program by 18 May. 33 of them have already tendered documents, necessary for the agreement with Ministry of Industry and Trade of Russia.