The Romanian leasing arm of Hungarian financial group OTP said
on Monday it targets a turnover of €200m (£160m) in 2008, its first
full year of operation.
The company began operations in early August last year and ended
2007 with a turnover of €36m, it said in a statement.
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“OTP Leasing Romania holds to the objective announced at the
launch of the company: that of becoming one of the first 10 players
on the Romanian leasing market, after two years of activity, with a
market share of 7 to 8 per cent,” Mircea Dihel, general manager of
OTP Leasing Romania, said in the statement.
OTP Leasing Romania offers a wide range of products, including
vehicle, equipment and real estate leasing services.
The shareholders of OTP Leasing Romania are Merkantil Bank
Hungary with a 70 per cent stake and OTP Bank Romania with 30 per
cent. Merkantil Bank Hungary is part of Merkantil Group, which is a
member of the OTP Group.
OTP Bank Group has units in Bulgaria, Croatia, Montenegro, Russia,
Romania, Serbia, Slovakia and Ukraine.
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