Country Reports

Slovak lessors see 45 percent volume drop

Thu, Mar, 11 2010

(Free) Slovak lessors saw a rapid deterioration of the market last year, according to the country’s Association of Leasing Companies (ALS).

Austrian leasing business drops 23 percent in 2009

Tue, Mar, 9 2010

(Free) The Austrian leasing market experienced a 23.2 percent decrease in new business volume last year ((to €5.26 billion), according to figures just published by the Austrian leasing association (VÖL).

Romanian lessors to face bankruptcy if decline continues

Tue, Mar, 9 2010

(Free) Romania could experience widespread leasing business failure if market contraction continues into 2010, the country’s leasing association (ALB) has warned.

Italian mini-renaissance

Mon, Mar, 1 2010

Although Italian lessors are still largely cautious about their future prospects, as of the start of this year there are some signs of a possible recovery within the industry. It might not be the year of a full resurgence, but leasing experts believe that it should be at least slightly better than 2009, when new business collapsed by one-third and bad debt charges soared to unprecedented levels.

Bulgaria: 16 percent of lease book goes bad

Thu, Feb, 18 2010

(Free) Bulgaria saw overdue leasing payments rise by 14.3 percent in 2009’s final quarter, from €350 million in Q3 to €402 million in Q4.

Life in the industry yet

Mon, Feb, 1 2010

A new report by UK market information provider Plimsoll has determined that the British leasing sector is returning to health, despite many companies having been weakened by the last two years

German connection provides prop

Mon, Feb, 1 2010

A strong connection with Germany’s industrial base helped prop-up Poland’s economy in 2009, and seems to have provided significant strength to the CEE country’s leasing sector, too. Poland’s new leasing business dropped by around 30 percent in 2009, according to recent statistics from Polish leasing association, ZPL.