LEASING
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Tiriac Autorulate: Companies’ Demand For Operating Lease Vehicles On The Rise
Romanian used car dealer Tiriac Autorulate on Monday said nearly 95% of the company’s legal entity customers chose last year to buy cars via financial or operating lease system.
Leasing And Consumer Finance Companies Cut Portfolios By EUR1B In Two Years
Lending granted by non-bank financial institutions (NBFIs) included in the special register of the Romanian central bank narrowed by 14% in the past two years and reached 29.4 billion lei (E...
Romanian Operating Leasing Market Seen Growing Up To 20% This Year
Romania’s operating leasing market is expected to grow 15%-20% this year, after a 17% growth last year, according to estimates of the local Association of Operating Leasing Companies (ASLO).
Radu Enache At His Fifth Sale&Lease Back Deal
Businessman Radu Enache, owner of the Continental hotel chain, sold the Ibis Hotel in Sibiu evaluated at EUR10 million in a sale&lease back deal, company officials say. The contract was sign...
Bank-Owned Firms Dominate Leasing Market
The ranking of the largest financial leasing companies did not radically change in the first half of this year, as the same companies dominated a market that is only now showing the first si...
Leaseplan: Companies Prefer Dacia Fleets, For Cost Cuts
Among the 6,000 vehicles managed by Leaseplan, Romania’s second-largest operating leasing firm, 12% are Duster SUVs, and 36% are Dacia models.
UniCredit Leasing In Competition With Used Car Dealers
UniCredit Leasing, which controls a third of the leasing market, is tapping the used car market with a major project, taking over the former complex built by AAA Auto at the entrance to the...
Financial Leasing Accelerates Growth In 2Q
The financial leasing market accelerated its growth in the second quarter of the year, when EUR379 million in funding was granted, 33% less than in the first quarter of 2011, according to da...
Romania To Pay Premiums Per Hectare To Seniors Leasing Their Farmland
Romania’s Government will provide a yearly premium of EUR30-100 per hectare to people aged over 55 who lease their farmland for 5-15 years, or EUR200 per hectare if they choose to sell the l...