6 oct 17

Operational leasing gaining a hold in Romania

According to a report in Romanian website and magazine ‘The Diplomat’, the Romanian operational leasing market increased by 7.5% in the first half of the year compared with the end of 2016, exceeding 64,350 units. During this period, over 9,200 cars were registered in operational leasing, representing a share of 17.5% in the overall new cars and utility cars registrations, according to the Association of Operational Leasing Companies (ASLO).

The first half of the year, The Diplomat goes on to say, confirms the consolidation tendency of full-service operational leasing product as an unavoidable solution to companies’ mobility efficiency. Dan Boiangiu, president of ASLO, further comments: “The growth by over 30% compared to 2016 of operational leasing registrations of the overall new cars is an additional proof of notoriety and attractiveness of this solution”.

According to ASLO, its top five members are LeasePlan Romania, ALD Automotive, Arval Service Lease Romania, Porsche Mobility and Unicredit Leasing Fleet Management. The members of the association represent over 96 percent of the overall market. The portfolio is composed of complete operational leasing services with a share of 76%, followed by management fleets of 15%, the rest representing operational leasing without administration services.

Authored by: Tim Harrup