leasing market to rise by 10% in the country, thanks to an
increasing demand for finance in healthcare, agriculture and
industrial equipment.
According to Razvan Diaconescu, the general manager of Impuls
Leasing Romania, new car sales will decline, encouraging leasing
firms to seek out new niches in which to develop.
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In response to the sector’s decline, the company plans to launch
a new product for the financing of used cars. Car financing
accounts for over 70 percent of the domestic leasing market in
Romania.
In the first nine months of 2008, Impuls Leasing Romania
financed €164.3 million worth of assets, of which 73 percent were
cars and utility vehicles, 25 percent for commercial vehicles and 2
percent for industrial equipment and real estate.
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