All articles by Fred Crawley
Fred Crawley
CVS mulls sale and leaseback
Croft Vehicle Services, a HGV trailer refurbishing firm based in Nottingham, is considering offering a leasing service to its haulage sector clients.
TfL to shake down Europe for trams to lease
London transport authority Transport for London (TfL) is looking to lease light rolling stock from other European transport networks, in order to ease overcrowding on the British capitals Croydon Tramlink network.
Estonia set for debt struggle in Q2
Estonias battle against rising bad debt in the leasing sector is set to get worse in Q2, with the countrys first quarter reporting due in on 20th April.
Russian citizenry supports aid for farms
As Yelena Skrynnik, former head of Rosagroleasing, settles into her position as Russian Minister for Agriculture, a poll has revealed that three quarters of her country think agriculture is the sector of the economy most deserving of government support.
Russian lessor appointed minister of state
Russia has underlined its intention to support agriculture through leasing this month, by appointing the head of its state agricultural leasing company as its agriculture minister.
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Eqstra’s vendor finance arm sees sales plummet 40% year-on-year
South African construction, industrial and mining lessor Eqstra Holdings, which owns Hull-based UK forklift rental group Impact Handling, is to cut up to 7 percent of its 4,500 staff as a result of decreased demand in its markets of operation.
St Helen’s to continue expansion
Asset finance provider St Helens Finance has released audited results for the year leading up to 31 December 2008, showing a 75 percent increase in turnover year-on-year, to a value of £1.3 million.
Polish BudBank to sell off state shipyards
Polish lessor BudBank Leasing will oversee the auctioning off of assets from Gdynia and Szczecin, Polands two state owned shipyards, this month.
Oak spreads its branches
Despite the grim outlook for the UK broker sector, one resilient lease arranger based in Gwent seems to be weathering the storm through careful placement of deals across the whole of Europe, seeing £15 million of business during March alone..
Upturn in leasing activity helps System Lift AG
System Lift AG, a German organisation comprising around 60 extendable work platform suppliers, has reported a combined turnover of 190 million for 2008, up 23 percent year-on-year, thanks largely to an increase in leasing activity for the sector.