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09.03.2007

BA-CA Leasing acquires remaining 50% holding in subsidiary BA-CA Fuhrparkmanagement

Bank Austria Creditanstalt Leasing (BA-CA Leasing) has purchased the other half of its subsidiary firm BA-CA Fuhrparkmanagement. To date BA-CA Fuhrparkmanagement was a joint venture between Deutsche Leasing, the leasing company of the German Sparkassen Group, and BA-CA Leasing. Now the company specialised in fleet management and employing 40 members of staff is wholly owned by BA-CA Leasing.

Potential cost cutting of up to 20%
BA-CA Fuhrparkmanagement owns and operates around 5,500 vehicles across Austria. Günther Fischer, managing director of BA-CA Leasing: "Fleet management is a dynamically growing segment of the leasing market. Small companies in particular are discovering that they can make savings of up to 20 percent by means of fleet management. With us, five cars is already a fleet." In addition to purchasing, registering and handing the vehicles over, fleet management also includes cash-free handling of servicing, repairs, tyre changes and filling up with petrol, insurance advice and claim management as well as vehicle administration.

Clients include provincial government of Burgenland
Following an EU-wide tender last year, BA-CA Fuhrparkmanagement won the contract to manage the car fleet of the provincial government in Burgenland. This led to a follow-up contract involving BA-CA Fuhrparkmanagement taking over responsibility for the 120 vehicles of the Burgenland utility Begas. Other clients include amongst others Gebrüder Weiss, Olympus, ÖAG, HTS and MAN Nutzfahrzeuge Vertrieb Süd AG.

New car sales centre
In its new 4,000 square metre car sales centre located in district 21 in Vienna at Richard Neutra Gasse 11, BA-CA Fuhrparkmanagement always has more than 100 returned leasing cars for sale as favourably priced used cars. The current range of cars on offer at the sales centre can also be viewed at http://www.ba-ca-fpm.com.    

Enquiries: BA-CA Leasing
Marketing and Communication
Wolfgang Steinmann, Tel. +43 (0)1 588 08 Ext. 4643;
E-mail: wolfgang.steinmann@ba-ca-leasing.com