Porsche Leasing Romania submitted the offer in association with Porsche Romania, Porsche Broker de Asigurare and MHS Truck&Bus, according to Posta Romana.

Bidders had until March 28 to file bids.

The leasing contract will run for three years and will be financed from the postal company’s own sources.

End-2008, Posta Romana awarded to Porsche Mobility a financial leasing contract for 613 vans and 114 vehicles. The contract was signed for 78.02 million lei (EUR17.6 million), net of VAT, for a four-year period.

Posta Romana, which the state plans to privatize, is 75% owned by the Ministry of Communications and 25% owned by investment fund Fondul Proprietatea (FP. RO).

In 2011, the company’s turnover dropped 8.7%, to RON1.26 billion, while its net loss widened 50%, to RON182.9 million. The company had debts of RON556.9 million at the end of 2011. (EUR1=RON4.4098)