Romania’s Financial Companies Association (ALB) has announced a
32% drop in leasing contracts signed by its members, down to a
combined value €235.7 million in the first quarter of 2010 compared
to a year earlier.
About 97% of lessors operating in Romania are members of the
ALB, and the remaining signed leasing contracts worth an estimated
€7.1 million in the first quarter of this year.
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Motor vehicle leasing remained the most attractive for financial
companies, accounting for 59% of the total market last year,
followed by real estate leasing at 27% and equipment leasing at
14%.
Last year, ALB members signed leasing contracts worth a total of
€1.33 billion, plummeting 72% compared to 2008.
In 2008, the leasing market in Romania fell by 2.6% to €4.82
billion.
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