Moldovan leasing companies saw the value of leasing deals for
machines and equipment more than triple to reach 103.1 million lei
(€6.6 million) in 2008, according to Moldova’s statistics

Leasing contracts for vehicles, accounting for 88.7 percent of
the total, rose by 24 percent to 1.1 billion lei from 2007.
Approximately 55 percent of all contracts had maturities of up to
three years.

The bureau also revealed that Moldovan leasing companies
financed the purchase of fixed assets worth 1.25 billion lei in
2008, a 26.9 percent rise on the previous year.

Moldova currently counts 39 registered leasing companies,
although only 27 of them are currently active.

Abdus Shuman