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Home Hungry

Hungary leasing market swells by 20% in Q1-2015

byCustoms Today Report
21/05/2015
in Hungry, International Customs
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BUDAPEST: The value of leases in Hungary increased by more than 20% to HUF 107 billionin the first quarter as compared to the same period in 2014, the Hungarian Leasing Association said yesterday, Hungarian news agency MTI reported.

The value of leases for production equipment was up 36% at HUF 57 bln. Association members signed more than 18,000 new contracts in Q1, 4% more than in the same period a year earlier. The value of leased assets rose almost 16% to HUF 150 billion.

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