About BALC

ZAO “BUSINESS ALLIANCE” (BALC) is one of Russia’s fastest growing independent leasing companies specialized in infrastructural big-ticket deals and medium-sized projects for reliable clients.

BALC Management holds 25% + 2 shares of the Company, whereas 75% - 2 shares are owned by OJSC “INFINITUM” Specialized Depositary. General Director - Konstantin Varand.  

With a professional and experienced management team, BALC has been fueling Russia’s business growth in the leasing industry since 2006 and within a year was ranked among the top 5 Russian leasing companies.

At the end of 2008 BALC acquired 100% of the share capital of Khanty-Mansiiskaya Leasing Company “Okritie”, thereby establishing “BUSINESS ALLIANCE, Group of Leasing Companies” which uses an integrated system of project, finance and risk management. In August 2009, BALC acquired 100% of the share capital of Donau Leasing GmbH (Austria) later renamed “Business Alliance (Austria) GmbH”. Inside the Group, BALC itself continues business activities of big-ticket deals for major Russian corporations, KMLC “Otkritie” is responsible for SME leases and special projects, whereas Business Alliance (Austria) GmbH is responsible for equipment, vehicles and real estate leasing for local European businesses including ones owned by Russian residents.

The total volume of BALC lease contracts exceeds RUB 64 billion. BALC has reached absolute leadership in the generation and grid equipment market and is highly rated in several other sectors, e.g. telecommunications, rolling stock and real estate.

Among our clients feature mostly Russian energy and grid corporations. The Group also carries out leasing projects for large and medium-sized companies that work in the telecom industry, small-scale power generation, metallurgy, FMCG, food industry, rolling stock services, logistics, real estate and street retail.

BALC provides its clientele with a wide range of leasing products and financial tools for project implementation of different complexity. Our broad experience in combining financial activities with logistics and EPC services uniquely positions us to deliver turnkey leasing solutions. In addition, we offer considerable expertise in raising finance and proper execution of both financial and non-financial liabilities.

Headquartered in Moscow, the Group operates all over the Russian Federation and since 2009 has been entering the markets of Central and Eastern Europe. 

Key facts:

• Total leasing portfolio: RUB 64.9 bn (as at 30.06.2010)
• Credit portfolio: RUB 15.7 bn (as at 30.06.2010)
• Personnel: 70 employees
• Standards of financial reporting: RAS, IFRS
• Auditor: ZAO “BDO Unicon”

Leasing products:

• Power equipment leasing
• Industrial equipment leasing
• Commercial real estate leasing
• SME leasing
• Equipment leasing and telecom facilities leasing
• Vehicle and machinery equipment leasing
• Rolling stock leasing
• Sale and leaseback

Current rankings:

• 6th place by volume of closed lease contracts (Source: “Rosleasing” Association, as at 01.01.2010).
• 6th place by lease payments received (Source: “Rosleasing” Association, as at 01.01.2010).
• Undisputed leader in the power generation and grid equipment market (Source: “Expert RA” Rating Agency, from 2006 to 30.09.2009).