General Electric considers entering leasing market

One of world's largest industrial and financial concerns, General Electric (GE), has declared an interest in entering the Polish leasing market and maybe also transferring part of its production here. GE has invested around $400 million in Poland to date and is now considering taking over a leasing company. Furthermore, GE is keenly observing the Polish banking sector. "If a lucrative proposition comes our way we will be sure to consider it," said Lesław Kuzaj, head of GE in Eastern Europe. According to Marek Świętoń, ING Investment Management analyst, leasing in Poland is a highly profitable business and most companies from the sector record good financial results. (Puls Biznesu, p. 8) A.C.