The Romanian leasing arm of Hungarian financial group OTP is
planning to grow its turnover sixfold in 2008.
OTP Leasing Romania, which launched last August, is targeting a
turnover of €200m in 2008, compared with €36m last year, and wants
to be a leading player in Romanian leasing within the
year.
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“OTP Leasing Romania holds to the objective announced at the
launch of the company: that is, becoming one of the first 10
players on the Romanian leasing market after two years of activity,
with a market share of seven to eight per cent,” Mircea Dihel,
general manager of OTP Leasing Romania, said last month.
Coinciding with this announcement, the company also revealed
plans for new branches in the Romanian cities of Constanta,
Craiova, Ploisesti, Brasov,Timisoara, Cluj Napoca and
Iasi.
Merkantil Bank Hungary, which has a large stake in OTP Leasing,
plans to close its OTP leasing arm by June this year.
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