Equipment Finance News

BNP Paribas Leasing Solutions expands CNH and Iveco partnership into Romania

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BNP Paribas Leasing Solutions, CNH and Iveco Group have expanded their long-standing financial services partnership into Romania, offering financing, leasing and insurance solutions to businesses across the country’s agriculture, construction, transport and logistics sectors.

The expansion will operate through IC Capital Europe IFN S.A., the Romanian subsidiary of joint venture CNH Industrial Capital Europe, under the CNH Capital and IVECO CAPITAL brands.

Customers of CNH and IVECO in Romania will gain access to tailored leasing, financing, insurance and related services designed to support investment in agricultural and construction equipment and commercial vehicles.

The partners said Romania represents an important growth market in Eastern Europe, with demand for investment across agriculture, construction, transportation and logistics.

The expansion is intended to combine CNH’s agricultural and construction equipment and IVECO’s commercial vehicles with the financing and asset expertise available through CNH Capital and IVECO CAPITAL.

Emanuela Demarchi, General Manager for CNH Industrial Capital Europe, said:

“Through this collaboration, CNH Capital and IVECO CAPITAL will strengthen their presence in Eastern Europe and enter the Romanian market, providing customers with financing solutions tailored to the specific needs of the agricultural, construction and transport industries.

“This represents an important step in supporting our customer’s growth and business in the region.”

Florence Roussel-Pollet, CEO for CNH Industrial Capital Europe, added:

“We are delighted to extend our longstanding partnership with CNH and Iveco Group into Romania. By combining their strong equipment and vehicle brands with our financing and asset expertise, we can give Romanian businesses greater choice and flexibility when investing in the assets they need to grow.

“This is another example of how we work with our partners to develop financing solutions that respond to the specific needs of customers and their markets.”

The partnership between BNP Paribas Leasing Solutions, CNH and Iveco Group through CNH Industrial Capital Europe dates back to 1997.

With the addition of Romania, the partnership now operates across ten countries: Austria, Belgium, France, Germany, Italy, the Netherlands, Poland, Romania, Spain and the UK.