The increased market concentration was triggered by the crisis, which forced many small players to shut down their operations.
Market concentration is also visible in the race for the second and third positions on the leasing market, with no less than four companies with market shares of around 7-8% running for the two positions. The only unchallenged position is the leading one, held by UniCredit Leasing, which owns a comfortable 18% market share.
The leasing market advanced by 7% last year, to EUR1.3 billion (RON6 billion). Nevertheless, the total portfolio of the market slid by 9% to EUR2.2 billion (RON10 billion) as new sales could not cover reimbursements.
(English version by Catalina Apostoiu)