Motoractive expects 35m euros

Leasing company Motoractive closed 1,300 contracts last year, with the total value of the financed goods amounting to 25m euros, up 35% from 2002. “We mainly developed our portfolio by increased financing for the small and medium-sized enterprises and natural persons. We attracted credit lines both from the country (Raiffeisen, Banc Post, NBG, Piraeus), as well as from financial institutions abroad (DEG – Germany and FMO – Netherlands),” Motoractive general manager Stefan Coroianu said. The company expects contracts worth 35m euros this year, Coroianu estimates, as it will sign financing contracts of 25m euros with banks and financial institutions. ZF