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Daianu, Verestoy and Dinu Patriciu's brother are staking €350,000 on luxury car leasing

Publicat la 27.11.2007, 22:00:00

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Daianu, Verestoy and Dinu Patriciu's brother are staking €350,000 on luxury car leasing
Economist Daniel Daianu, lawmaker Attila Verestoy, and Serban Patriciu, brother of oil mogul Dinu Patriciu, who together own 50 percent of the Bavaria Leasing company, increased the company's share capital by €350,000 to boost leasing financing for the brands traded by the company, namely BMW, Mini, Rolls Royce, and MAN, against a backdrop of local car market growth.
Shareholders of the remaining 50 percent of Bavaria Leasing (Automobile Bavaria car dealer, with 20 percent, Automobile Bavaria's General Manager, Michael Schmidt, with 29 percent, and businessman Radu Caftanat, with 1 percent) pumped a further €350,000 into the company to raise its share capital to €1.8 mln.

Last year, the company financed leasing of products worth a total €16.71 million, 26.8 percent higher year-on-year. (Dan Popa)

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