Subscribers login Терминал Login
Subscribe
Last updated: 15:40, 11 October
УКРРУС
ENG
Subscribers login

RSS RSS News headlines
RSS RSS Main news of the day

Main  Press-releases 

Print version
PRESS RELEASE:TOV "Caterpillar Financial Ukraine". CAT FINANCIAL announces opening office in Kiev
23 May 2008, 11:49

Caterpillar Financial Services Corporation (Cat Financial) announced today the opening of the leasing company in Ukraine at the address 34 Vasilkovskaya Str., Kiev, 03022. Caterpillar Financial Ukraine, TOV (Ukrainian abbreviation for Limited Liability Co.), will be located in the same business center with Zeppelin Ukraine, TOV, the official Caterpillar dealer in the territory of Ukraine. "One of the Cat Financial strategic goals for 2008 is pursuing growth opportunities in emerging markets, including those in the CIS," - said Joel Anquetil, European Operations Vice President of Cat Financial. "Successful operation of Caterpillar Financial in Russia during the last six years has shown that the strategy and our approach to emerging markets are correct, which gives us confidence in our success in this important, rapidly growing, and very interesting Ukrainian market." "This move will increase our ability to meet financing needs of our Ukrainian customers and the dealer by offering in-country competitive financing alternatives," Anquetil continued. "Working together with Zeppelin Ukraine in the country, Cat Financial will help Ukrainian customers to compete more effectively." "We have been waiting for the arrival of Cat Financial in the Ukrainian market for a long time. Now, with the opening of this leasing company, our customers will be able to benefit from financing tools and options provided by Cat Financial, which will give us, as a Caterpillar dealer, an opportunity to grow further through attracting new and retaining our existing customers, interested in on-shore financing," said Frank Janas, General Director of TOV Zeppelin Ukraine. "We look forward to building a strong, successful, and mutually beneficial relationship with Cat Financial in Ukraine, just as we have established in Germany, Eastern Europe, and Russia," Janas added. "Nikolay Goroshko, CFCO of "Ferrexpo AG", a member of the Supervisory Board of OAO "Poltavsky GOK," one of the largest Ukrainian producers and exporters of iron ore, had this to say about the opening of Cat Financial in Kiev: "Having had the opportunity to purchase a considerable number of imported mining and construction equipment, we realized the significance of time and labor expenditures required for structuring the financing and handling all the applicable documentation. "Through registration of in-country leasing with Cat Financial, complex cross-border transactions have ended and customers now have clear and simple financing plans. In addition to quick and professional responses to our requests, we expect from Cat Financial in Ukraine highly competitive financing, particularly in terms of terms and cost. The presence of such a large international player will certainly have a positive influence on the entire Ukrainian market and, at the end of the day, will be beneficial to end users of construction and mining equipment." For more than 25 years, Cat Financial, a wholly-owned subsidiary of Caterpillar Inc., has been providing a wide range of financing alternatives to customers and Caterpillar dealers for Caterpillar machinery and engines, Solar® gas turbines and other equipment and marine vessels. Cat Financial has offices and subsidiaries located throughout the Americas, Asia, Australia, Latin America and Europe, with headquarters in Nashville, Tennessee in the United States. For more information, contact: Marcia Colburn, Corporate Communications Manager Caterpillar Financial Services Corporation Nashville, Tennessee, USA +1 615 341 5003 PRESS RELEASE: the material is published on commercial terms; "Interfax-Ukraine" is not responsible for its contents.


Also in section







© 1992-2008, Interfax-Ukraine. All rights reserved.
tel (044) 270-7465, fax (044) 270-6569

All information placed on this web-site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of «Interfax-Ukraine».