Romstal Leasing posts 50% higher revenues in 2007, following territorial expansion

The company, which finances auto lease contracts, saw total revenues of 211 million euros last year, after financing 5,850 contracts. Romstal Leasing now has 32 units, according to the marketing manager, Ionut Chirila.

The official explained the company’s revenues went up also because of the better financing conditions and the participation to the Bucharest International Auto Saloon.

The company wants a 30 percent boost in revenues for this year, as it targets the closing of more than 7,500 contracts. KBC bought the main stake in Romstal at the end of 2006. The deal stood at 70 million euros.

Source: NewsIn