Romanian Car Rental Company to List 20-Million Euro Bond
Romanian car rental company Autonom plans to issue a 20-million euros bond on the Bucharest Stock Exchange. The money raised by investors would support the company’s expansion plans.
Founded in 2006, Autonom has over 40 locations in 35 cities throughout Romania, Hungary, and Serbia.
Photo via Depositphotos.
Romanian car rental company Autonom plans to issue a 20-million euro bond on the Bucharest Stock Exchange, according to a report by Romania Insider.
The money raised from investors would help support Autonom’s development plans, including expanding the vehicle fleet that’s currently about 10,000 units, says the report.
BRD, the Romanian branch of French-based Societe Generale, and BT Capital Partners, a member of Banca Transilvania, will manage the issue. The bonds will pay an annual interest rate of 6% to 7%, according to sources.
Founded in 2006, Autonom has over 40 locations in 35 cities throughout Romania, Hungary, and Serbia.
More Rental Operations
Stop Losing Money On Rental Tolls
Regardless of your rental fleet size and structure, fleet managers, executives, and owners can gain valuable insights into an often-overlooked area of fleet operations.
Read More →
Rethink The Future To Avert A Race To The Bottom
Rental car operators heard a sobering industry message and a stern challenge at the close of the International Car Rental Show.
Read More →
DriveItAway, Free2move Plan Shared Fleet Program for Independent Rental Fleet Operators
Vehicles would be placed with participating rental operations to support car renter demand and provide additional fleet capacity.
Read More →
Stellantis Recalls 1.3 Million Jeep Vehicles Worldwide Over Fire Risk
Stellantis is recalling more than 1.3 million Jeep Wrangler and Gladiator models worldwide over a fire risk linked to power steering pump wiring.
Read More →
Green Motion And U-Save Open Rental Operations In Guatemala
The brands will open their first rental car outlets in the country at La Aurora International Airport in Guatemala City.
Read More →
U.S. Business Travel Drives $623 Billion+ in Economic Impact as Spending Reaches $538 Billion
The data also underscores the industry’s strong multiplier effect across the U.S. economy, revealing that each dollar invested in business travel in 2024 generated $1.16 in GDP.
Read More →
Rental Fleet Sales Skating Just Above 2025 Levels
The U.S. economy's continued growth and positive business investment are creating a favorable environment for fleet vehicle demand.
Read More →
Grow Your Rental Business Beyond Cars
Rental fleet operations are facing numerous evolving challenges and opportunities from AI technology to rate and revenue management, to customer service and business growth.
Read More →
Using AI to Create Clarity, Not Conflict, in Rental Car Damage
Rental companies still need people, policy, judgment, and thoughtful implementation, with operators remaining in control of the customer experience.
Read More →
Get Ready To Roll: No Stopping Self-Driving Rental Cars
The autonomous mobility technology revolution will move at its own pace, but sooner rather than later.
Read More →