General Motors financing division arrives in Romania through Raiffeisen Leasing

Raiffeisen Leasing International sealed a partnership for cooperation in Central and Eastern Europe with GMAC, the financial services division of General Motors, and Romania will be the first country where this agreement will be implemented. Under the partnership, Raiffeisen Leasing International will grant funding products under the GMAC brand in countries where the company is not yet present. "These markets offer interesting growth opportunities. In the next 18 to 24 months, we will launch our products and services in all these countries. Romania will be the first country where we will start operating in the next few months," stated Paula Miller, development manager for South Eastern Europe, and general manager of GMAC for Hungary, the Czech Republic and Slovakia. Thi s initiative will help GMAC sustain the products and services offered by GM in nine countries from Central and Eastern Europe- markets where it is not yet present. "This cooperation will provide us with the infrastructure needed in order to move quickly in these countries," explained Miller.