Leasing could take growth in software market to 25%

The use of leasing mechanisms for the purchase of software is likely to bring annual growth in the software and services sector to 25%. The current rate of growth is only 10%, according to officials from the National Association of the Software and Services Industry (ANIS). Modifications to the leasing law to include software in leasing operations have been passed by Parliament and are scheduled for implementation in early November, say ANIS officials. However, the introduction of leasing to the software market can be considered an “atypical development”, according to Cornel Coca Constantinescu, chairman of the Association of Leasing Companies in Romania (ASLR). ZF