Motoractive doubles sales after nine months

Motoractive IFN, held by the financial division of the American group General Electric, signed contracts worth 105 million euros in the first nine months of the year, almost double against the same time last year. Motoractive signed 6,700 funding contracts for acquisition of goods by leasing in the first nine months of the year, against 4,000 contracts worth 58 million euros during the same time last year. “These results were helped by an increase in the car market, which rose significantly despite pessimistic estimates. Furthermore, results were also affected by regional development and the products in our portfolio. We have made our products more flexible, extending the funding period to five years, and at the beginning of the year, as did all the players on the market, we slightly lowered our interests,” Valentin Petrof, sales & marketing manager of Motoractive told ZF.