Starting September, UPC Romania is the beneficiary and the user of over 170 new vehicles acquired by OTP Leasing Romania and managed by Business Lease Romania, the result of a three-party transaction between UPC Romania SRL (UPC), OTP Leasing Romania IFN SA (OTP Leasing) and Business Lease Romania SRL (BLRO).
The resulted fleet is composed by Ford and BMW vehicles. The entirely acquisition process was a Global Procurement agreement concluded between UPC’s parent company, Liberty Global, and the manufacturers. This transaction is an important acquisition process developed by OTP Leasing, company that offers leasing solutions for vehicle and equipment acquisitions for Romanian entities, and a proof of OTP Group’s commitment to build sustainable and value-creating business relationships in Romania.
“To fully address UPC’s expectations and needs, we are extremely pleased to have found a similar «out-of-the-box» approach from both UPC and Business Lease, which resulted in a transaction where all parties are winners,” said Luís Félix Morais, CEO, OTP Leasing Romania.
“Since more than five years ago, Business Lease manages the own car fleet of UPC. Our relationship is based on trust, expertise and mutual respect. When UPC wanted to replace a significant part of the fleet with brand new cars, we were asked to provide an all-in solution. Based on the flexibility and professional cooperation with our partner, OTP Leasing, together, we have been able to provide this tailored product which fully reflects the demand of our customer. We very much look forward to further shaping this concept of car fleet convenience in the Romanian vehicles’ services,” added Philip Aarsman, Managing Director, Business Lease Romania.
UPC Romania SRL (www.upc.ro), member of the Liberty Global Group, is one of the biggest telecommunication operators in Romania and the market leader on technology and innovation. The Company offers television, broad band internet and telephone services in approximately 300 Romanian cities, where it services over 1.245 million clients.
OTP Leasing Romania IFN SA (www.otpleasing.ro) is a member of OTP Group, the biggest financial group in Hungary and one of the biggest and safest financial groups in Central and Eastern Europe. The Company is the financial leasing subsidiary of OTP Bank Romania SA and offers leasing solutions for vehicle and equipment acquisitions for Romanian entities.
Business Lease Romania SRL (www.businesslease.ro) member of Business Lease Group, is an international Full Service Operational Leasing company. Business Lease has built a solid reputation in all aspects of car fleet management, with a focus on offering the best possible care to customers, drivers and suppliers as reflected in its slogan: same cars, better care. Apart from Romania, Business Lease operates in Netherlands, Slovakia, Czech Republic, Hungary and Poland. Business Lease Group is headquartered in Netherlands and is a division of the AutoBinck Group (www.autobinck.com), headquartered in Hague. AutoBinck Group is one of the premier players in the European mobility market, operating in eight European countries.