Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 17 ISSUE 2
Written by Angela SHESTACOVSCAIA

This article examines the development of leasing in the Republic of Moldova in the last nine years. According to statistic data, the author has examined the evolution of the value of fixed assets transmitted in lease for three consecutive periods, each including 3 years. There was analyzed the value and structure of fixed assets transmitted in leasing in terms of categories of fixed assets, the period of payment and benefits. There are presented the most powerful leasing companies, which are in the top of carried out leasing activities. Following the analysis performed, there can be made the conclusion that in the last decade, the value of leased fixed assets is increasing if we have a look at the development of this indicator, expressed in national value. At the same time, the same indicator expressed in US dollars shows that there is no real growth. Transport means have a large share (about 90%) in the structure of leased fixed assets. The share of machinery and equipment, and special buildings and structures is approximately equal, being around 3.5 to 5.7%. Examination of the value and structure of leased fixed assets in terms of the payment deadline demonstrates that in the practice of leasing there are preferred businesses with payment term up to three years. This situation comes as a reaction to economic instability, which is very pronounced in the last 3 years. The study of beneficiaries of leased fixed assets shows that a large share belongs to individuals (about 56% in recent years), followed by the category of companies and organizations (about 33%). These indicators confirm that in the Republic of Moldova, leasing has a consumption character and finance through leasing of the economic entities has economic development capabilities.

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