19.07.2016
Millennium Leasing and Budimex SA sign co-operation agreement
On 8 July 2016 Millennium Leasing and Budimex SA signed another co-operation agreement. The general agreement covers financing of construction and railway machines in the total amount of PLN 120m.
The general leasing agreement is a Master Agreement. On its basis individual contracts will be signed on leasing particular fixed assets. Validity of the “limit” will expire on 31 July 2017. Millennium Leasing is a long-standing partner of Budimex. The company’s to-date indebtedness under leasing contracts signed before 8 July is incorporated in the amount covered by the General Agreement.
Budimex is one of the biggest and strongest growing construction companies in Poland. Thanks to its high operational efficiency and partnership-based relations with suppliers and subcontractors, they have become a leader on the roadbuilding market. Currently one of the company’s priorities is to continue its growth on the railway construction market.
- We are proud to have been chosen again by Budimex to jointly invest in specialised and modern equipment. We were able to satisfy our Customer’s stringent requirements, understanding their non-standard expectations. We believe that our additional strength was our experience with financing equipment used for expansion and maintenance of the railway infrastructure. – Marcin Balicki, Millennium Leasing CEO said.
For many years Millennium Leasing have been offering lease financing to most sectors in Poland as one of the leading companies to finance machines and equipment as well as heavy transport. The company is an active player in many market segments – with particular expertise in the segment of infrastructural and industrial construction. Millennium Leasing is one of the first leasing companies to appear on the Polish market and also a long-standing member of Polish Leasing Association.