Raiffeisen Leasing aims for 165m euros

Raiffeisen Leasing concluded 2005 with 5,280 contracts worth a total of more than 133 million euros, up approximately 14% from the previous year, due to the increase in funding for equipment and to the development of the automotive market in the previous year. “Although the increase in the leasing market in 2005 was largely due to the automobile market, Raiffeisen Leasing did not focus on taking advantage of this growth but pursued the development of the equipment segment instead,” says Mihaela Mateescu, the company”s marketing manager. According to the company”s data, the value of equipment funding went up by more than 100% compared with 2004. “The 2005 goal was to consolidate our company and to improve the service quality, as part of our long-term strategy,” says Mihaela Mateescu, marketing manager for Raiffeisen Leasing. Out of the total funding volume last year, cars accounted for 44%, commercial vehicles and trucks for 39% and equipment for 17%. ZF