![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
Leasing Deals * Slovakia - Shrank by 43 percent in Q1
Cargo transport problems depress leasing of vehicles
Bratislava,Slovakia -The Slovak Spectator, by Jana Liptáková -25 May 2009: -- After several years of consecutive, robust growth in the Slovak leasing market, the global financial and economic crisis has also put a hard brake on this aspect of the country’s economy. While the leasing market grew by 6.5 percent overall in 2008, its new contracts fell by almost 43 percent during the first quarter of 2009... The drop in cargo transport has been reflected in fewer leases of trucks and trailers, with a 70 percent reduction in the volume of new contracts in this segment in the first quarter of the year... Based on developments so far in 2009, when many businesses are cutting costs and are being more careful about potential investments and more businesses are experiencing problems in meeting their current obligations, leasing company representatives in Slovakia expect that their business will show an overall decline this year... Since the end of the previous economic system, leasing has become an inseparable part of the Slovak business environment by helping entrepreneurs to finance and grow their businesses... (Photo from ČTK - Shrinking cargo transport affects the leasing market in Slovakia )Labels: trucking markets
posted by Unknown @ 4:10 PM
0 Comments:
Post a Comment
<< Home