One million-euro capital increase at Motoractive

Motoractive leasing company operated a 40.7 billion ROL (one million euros) capital increase, to 118.4 billion ROL (2.3 million euros), said the company’s general manager, Stefan Coroianu. “Motoractive has attracted significant financing from banks lately and this is why a balance between the company’s own equity and the attracted capital has become necessary, to support our expansion considering the increasing number of leasing contracts signed lately,” Coroianu added. In the first half, the company financed contracts worth 27 million euros and generated net profit standing at 650,000 euros. Large companies accounted for half of the value of contracts, while SMEs and natural persons accounted for 40% and 10% respectively. Financing has largely been linked to the acquisition of cars. ZF