BRE Leasing No.2 position could soon be under threat

In 2002 BRE Leasing leased to its clients items worth 4% less than in the previous year. At the same time it signed over 30% more agreements in relation to 2001. The management claims that this is the result of more stringent criteria which are applied before leasing contracts are signed. The evidence for this is the decrease of the value of an average agreement by 26% to zl. 274,000 and shortening the duration of the contract. "This year we would like to maintain a strong position on the leasing real estate market by raising the value of transactions by 20%," said Mieczyslaw Groszek president of BRE Leasing. The company holds the second position on the domestic market after Europejski Fundusz Leasingowy. (Rzeczpospolita, p. B7) A.C.