VR Medico, the Berlin-based medical equipment
lessor, has announced a good start to 2010, despite a slight fall
in new business.

In an announcement made today (April 29), VR,
which is part of the VR Leasing Group, said it had “held up well”
under difficult conditions in 2009.

New business volume dropped 8.5% to
€69.6million from 2008’s €76.1million and contract numbers declined
from 1,449 to 1,291.

As a result market share is now down to 22.4%,
compared to 26.2% in 2008.

The first quarter of the 2010 started well,
however, with €20.1 million of new business – up more than 9% from
the same quarter in the previous year.

Jürgen Gerber, managing director of VR Medico,
is confident, saying the business is looking to expand its
contribution to VR Leasing Group.

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By GlobalData

Claire Hack