IN SHORT

Leasing market up 4 percent in 2004

LEASING companies united in the Slovak leasing association (ALS) financed Sk46.3 billion (€1.2 billion) worth of movable and fixed assets in 2004, excluding VAT.

The figure represents a 4 percent growth year-on-year.

CAC Leasing Slovakia remained the market leader, financing Sk8.6 billion (€226 million) worth of assets, followed by ČSOB Leasing with 7.4 billion (€194 million) and VB Leasing SK with 5.8 billion (€152 million).

In total the ALS members concluded 66,497 contracts, the TASR news agency wrote. The movable assets category accounted for Sk44.8 billion (€1.17 billion) in leased assets, with passenger cars dominating the field. Leasing financed the purchase of 43,774 passenger cars, worth Sk18.7 billion (€491 million) last year.

Get daily Slovak news directly to your inbox

Top stories

Investors pursued projects and transactions despite the virus

Investors pursued projects and transactions despite the virus. Check out the 2020 investment highlights from Slovakia.

The visualisation of new Istropolis building

Better times ahead for the Calvary in Bratislava

The last preserved station was restored this summer.

The last preserved station of the Stations of the Cross in Bratislava

Why you need to buy a belt

On this Black Friday, with society teetering on the brink of chaos, I ask that we all do our part.

Virtual school and children's well-being

11 tips how to help children thrive during the pandemic.