LeasePlan Romania H1 turnover adds 9.4 percent to EUR 20.0 mln on higher fleet

Newsroom 18/07/2013 | 16:51

LeasePlan Romania, the operational leasing firm, recorded a 9.4 percent in the first half turnover to EUR 20.9 million, as its car fleet rose by 10 percent to 7,275 units.

Of the EUR 20 million new car purchasing program this year, the company has already spent EUR 12.8 million.

Bogdan Apahidean, general director of LeasePlan Romania, said: “The growth announced by LeasePlan is moderate, on the backdrop of reduced opportunities in the first half of the year. This happened because of the reduction of domestic consumption that in turn impacted the companies owning car fleets, which is confirmed by a significant reduction of the market for new cars (-26 percent in H1).

He added the operational leasing market was particularly impacted by legal changes, such as the limitation of the deductibility for amortization of cars and the enforcement of the environmental stamp.

The company aims to expand the car fleet to 8,400 units by year end, if the market recovers in the second half.

Ovidiu Posirca   

BR Magazine | Latest Issue

Download PDF or read online: October 2022 Issue | Business Review Magazine

The October 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Globalworth Successfully Addressing Market Challenges From a Position
Newsroom | 26/10/2022 | 17:53

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue