Impuls Leasing, one of the top ten companies on the financialleasing market, expects to finance goods worth 100 million eurosthis year, up by around 20% against 2009. Last year the value ofcars and equipment financed by the company was down by 60% to 84.2million euros, with the entire leasing market being significantlyhurt by the crisis.
"If we were to draw a conclusion after the first two months ofthis year, it would be that our plan for 2010 is not achievable.But I expect the market will start to move at some point, becausethere are individuals and companies that need to change their cars,and because competition has shrunk on the leasing market so it isnormal for those left to get more," says Razvan Diaconescu, generalmanager of Impuls Leasing.
Vehicle funding accounted for 90% of the company's portfoliolast year, while the rest of the funding was granted for theacquisition of equipment.
"We will continue to rely on cars, although the market isdwindling, as well as on lorries, where we noticed some demand.There is not much demand on the equipment segment, and we are notdoing anything on the real estate segment because we don't know forsure what prices are on this market."
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