GMAC CF aims to win a 20% market share via expansion

"We will close this year with a positive financial result," said GMAC Commercial Finance board member, Krzysztof Tempes. With a 14% share of the market, the company also managed to become one of the leaders on the domestic factoring market, with a turnover of zl.1.3 billion after Q3 of this year. "We became the largest non-banking factoring company on the Polish market. Our target is at least a 20% share of the market," added Tempes. Company representatives announced plans to increase turnover in 2007 by 50% as compared to this year. The concern believes that the key to its success is the development of the network beyond Warsaw, Kraków and Katowice. (Puls Biznesu, p. 13) A.K.