VB Polska reports record year in 2003

2003 was a record breaking year for the company, as the value of assets leased have increased by zł. 138 million since 2002, and amounted to zł. 449 million. Marek Forster, VB Leasing President did not want to reveal the sum of profits generated by the company in 2003. Company representatives do not exclude that the results will be even better than anticipated. "Assuming that the worst scenario will not take place, which is related to the planned changes in VAT regulations," adds Forster. The company president also said that he plans to cooperate closely with DZ Bank, formerly known as Amerbank. Although both companies have the same shareholder, consolidation is not planned. This year VB Leasing plans to enter new market segments, such as leasing car fleets, real-estate and used vehicles. (Puls Biznesu, p. 11; Parkiet, p. 6) A.K.