Impuls Leasing Romania has reduced its level of
business expectations for 2008 after a fall in the real estate
leasing sector.
business expectations for 2008 after a fall in the real estate
leasing sector.
The company, part of Swiss-based Impuls Leasing
International, has lowered from €270 million to €200 million the
target for the value of assets it has financed this year.
International, has lowered from €270 million to €200 million the
target for the value of assets it has financed this year.
The company’s general manager Razvan Diaconescu said that a
decline in the country’s real estate and construction sectors has
caused the fall.
For 2009, the company said it targets to finance the same amount
of assets as it did this year.
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Impuls Leasing started business in Romania in April 2007,
financing around €127 million worth of assets in 2007.
Its parent company operates through its subsidiaries in Poland,
Slovakia, Hungary, Croatia and Romania.
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