Asitrans Leasing conducts 100,000-euro capital increase

Asitrans Leasing has increased its capital by around 100,000 euros (350,000 RON), to 340,000 euros (1.08 million RON), through a cash contribution made by the majority shareholder, Asitrans Asigurari (Asitrans Insurance). The other shareholders include the National Union of Romanian Hauliers (UNTRR), holding 12.85% of shares, and two individuals, Iosif Ciorzan (0.67%) and Florian Mihut (6.76%). They did not, however, participate in the capital increase. Following this move, the stake held by Asitrans Asigurari in the leasing company rose to 79.72%. The insurance company entered the leasing market last year, when it acquired 61% of UNTRR Leasing from UNTRR, later changing its name to Asitrans Leasing. According to previous statements, the management of Asitrans Asigurari estimates that the leasing company will see a 10 million-euro turnover this year. Shareholders of Asitrans Asigurari include UNTRR (37%), Banca Romaneasca (10%), as well as other individuals and corporate entities.