Romania’s Romstal Leasing said May 22 it signed 1,850 contracts
worth €77.5m in the first four months of the year, up 44% from the
same period a year earlier, boosted by the equipment leasing
segment, reported the South East Europe Newswire.
“In only four months, this segment has surpassed [the value of]
€12.4m, […] three times up from a year earlier,” Ionut Chirila,
marketing director with Romstal Leasing said in a statement. Over
60% of this was in the construction sector.
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The value of equipment leasing deals in 2007 totalled
€17.3m.
Commercial vehicles accounted for the greater part of the
leasing contracts (45 per cent) followed by passenger cars with (32
per cent) equipment (17 per cent) and real estate deals (5.5 per
cent) the company said.
Belgian banking and insurance group KBC acquired a majority
stake in Romstal Leasing for €70m at the end of 2006.
Romstal Leasing said in January it plans to sign 7,500 contracts
worth €275m in 2008, up by 30 per cent from last year and increase
its market share in Romania this year to 4.6 per cent from 4.2 per
cent. In its latest statement, it also announced plans to open five
more offices in the country, bringing their total number to
37.
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