Russia’s leasing company GTLK opens Middle East, Africa office in Dubai

Russia’s largest leasing company GTLK has recently opened its third overseas office in Dubai to serve the Middle East and Africa.

Controlled by the Russian government represented by the ministry of transport, GTLK leases air, water and rail transport, automotive and special equipment for domestic enterprises of the transport industry, as well as invests in the development of Russian transport infrastructure, The Bahrain-based Trade Arabia reports.

The Dubai office will lease aviation equipment to the Middle East and Africa.

GTLK has a leasing portfolio of over $13.3 billion according to June 2018 estimate.

The company opened its first international office in 2012 in Ireland. A recent second subsidiary was opened in Hong Kong in the September.

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