Bavaria Leasing triples turnover

Bavaria Leasing, the leasing arm of Automobile Bavaria, the BMW importer in Romania, last year posted turnover worth 14m euros (51m RON), more than triple the figure reached during the previous year, according to the Official Gazette. The company’s gross income soared from 30,000 euros in 2004 to approximately 300,000 euros last year. Bavaria Leasing last year sealed contracts worth almost 12 million euros, double the value registered in 2004. Automobile Bavaria imports the BMW, Rolls Royce, MAN and MINI brands in Romania. The company last year sold 1,474 cars, approximately 40% more than in 2004.