BUSINESS

A raise of 10 pc market share of Arval Romania in 2010

Despite the economical climate, Arval Romania showed in 2010 a raise of 10 pc of its market share, consolidating the 3rd position on the Romanian market of auto full service operational leasing, according to a press release. By the end of 2010, the total fleet of Arval Romania summed up 3,500 vehicles, with a raise of 30 pc compared to 2009 and a turnover of EUR 21 M, 40 pc bigger than the previous year. The investments carried out in 2010 reached EUR 11 M. In 2011, Arval Romania plans to invest EUR 5 M more above this amount (a raise of 45 pc). For this year, the growth of the fleet is assessed to 4,300 vehicles and the turnover is estimated to register a raise of 20 – 25 pc, in accordance with the general growing trend of the market.

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