SG Equipment Finance Czech Republic s.r.o. has increased its market share in the Czech Republic. The Group was also successful on the European level when it received two awards as part of the Leasing Life Awards.

SG Equipment Finance Czech Republic s.r.o. has improved its market share in its target segment to approximately 19%. In the Czech and Slovak Republics, the volume of financed assets totalled CZK 5.2 billion for the first three quarters of 2010.

The positive business results were supported by a slight recovery on the leasing market and also the company’s flexible business model. The growing investment appetite was mainly reflected in the financing of transport equipment. Over the long term, the company has had very good results in the high-tech segment and in the financing of special transport equipment such as airplanes and railway carriages.

European group of SG Equipment Finance received two prestigious awards in the European Lessor of the Year and the Vendor Finance Provider of the Year categories. The results of the Leasing Life Awards were announced at a ceremony in Milan by the trade magazine Leasing Life. An independent jury of lease market specialists and industry professionals rewarded SG Equipment Finance for its business strategy and perseverance in the European Lessor of the Year category. In the Vendor Finance Provider category, the jury appreciated the company’s consistent and flexible funding.

“This is a great recognition of our professionalism and responsible approach to our clients and vendors in terms of the quality of the services provided by our team. Both awards, and also the development of our position on the local market, prove that we have found the right way in the current turmoil,” said Reinhold Knödl, SG Equipment Finance Czech Republic s.r.o. Managing Director and CEO.

SG Equipment Finance Czech Republic s.r.o. is one of leading financial companies in the Czech Republic and Slovak Republic. Since its establishment in 1996, it has specialised in selected industries and services, and it mainly offers financing for investments in printing machines, machine tools, production machinery and building machines, farming and forestry equipment, and public transport and freight equipment. The company also offers high-tech funding, which covers software, hardware, office equipment, and medical instruments, and is experienced in the structured financing of special projects, aviation equipment and real estate.