We wish to all of you very Mery Christmas and happy New Year.
We have won in the acquisition competition
In the second week of November there was a competition of acquisition teams from 21 Arval countries called "Arval Acquisition Calling Competition". The task was to call as many meetings as possible with potential clients for operative leasing within one week. Overall we managed to agree almost 300 meetings with all teams, and the representative of the Czech Republic, our colleague Michal Rohlíček, won against stiff competition. Well done. Michal, you're the best!
More than 1,000,000 vehicles in the fleet
As of the end of 2015 the entire fleet of the company Arval consisted of 949,000 leased vehicles, including vehicles of GE Fleet Services, which had been acquired by Arval in November 2015. Arval currently leases one million vehicles to large international firms, and small and medium enterprises.
Every day more than 6000 employees do their best to provide expert consultation and the very best services while looking after clients, drivers and vehicles.
Philippe Bismut, the CEO of Arval, said: "I am really proud of this success, which has been made possible by our employees in all countries, and I would like to take this opportunity to congratulate them and thank them from the bottom of my heart. But the fact that our aim is to provide our clients with a first-class service and always combine a human approach with our digital tools is even more important than this milestone."
Arval surpasses LEVEL of 13,000 FINANCED VEHICLES IN FLEET
Arval is the only leasing company growing every year, and has done so since its founding in 2003. Currently, Arval surpassed the level of 13,000 vehicles in the fleet, solidifying its position in the operational leasing market.
The Arval Company, a leading provider of operational leasing in the Czech Republic, has a lengthy track record of posting excellent business results. This year it celebrates 12 years of its presence in the Czech market and presently also surpassing the level of 13,000 vehicles leased in the form operational leasing. Already in 2007 the Company overcame the level of 5,000 vehicles, and four years later it doubled this number. In comparison with the competition, it is the only leasing company in our market that can boast of sustained growth. Standing behind Arval’s excellent results is the strategy of providing a high level of service quality, perfectly functioning account teams and last but not least, the implementation of new IT technologies and smart applications for fleet management.
Arval has gained the winner's award for the product Mid Term Rental
The ninth annual ALD Automotive Fleet Awards survey was held in October 2016 in Prague in the presence of representatives from the leading companies operating on the Czech market and suppliers in the automotive field. The ten-member jury comprising of independent fleet experts rated the products and services over half a year in a total of six categories: Financing, Full Service Operative Leasing, Insurance, Electronic Systems, Vehicle Fleet Servicing and Ecological Approach. ARVAL Mid Term Rental was declared the winning product in the area of Full Service Leasing during the gala evening at the Top Hotel in Prague, and Aleš Polák, Operations Director ARVAL CZ, accepted the diploma and award from the competition director.
The leasing firm Arval has completed a successful first quarter for 2016 and increased the number of its vehicles in full service leasing
Arval CZ has achieved the best ever quarterly results. During the first quarter of this year it increased the number of its vehicles in full service leasing by 1532. It currently manages a little fewer than 17,000 vehicles, of which 15,000 in the form of full service. According to the data of the Czech Leasing and Finance Association, this is the highest production in full service operative leasing of any firm on the market.
Overall in the first quarter of this year Arval increased its full service fleet, which manages more than 700 clients, by more than 6 percent, and this thus constitutes a growth of more than double year on year. "Arval has been on the market for 13 years and is constantly growing. It may sound like a cliché, but it is very important for us. Primarily we can see that the things we do, we do well, and although certain steps to maintain the scope and quality of services are not easy, at the end of the day they bring rewards," said Jiří Solucev, sales director of the company Arval, commenting on the results for the first quarter.
ARVAL CZ has crossed the boundary of 15,000 vehicles
During last year (a highly successful one) ARVAL CZ achieved record growth of 23.7% in the financed fleet. This is the best result in the 12-year history of the branch. In contrast with the other players on the market, ARVAL CZ has been growing constantly since its foundation. This success is down to the efforts of the entire team, and primarily the great number of acquisition meetings. Last but not least it is also due to the high quality of the provided services. ARVAL CZ has a significant satisfaction rating amongst its clients, exceeding 82%. ARVAL CZ ended the year 2015 with a fleet of more than 15,600 vehicles.
WE are entering a new dimension
Arval introduced new digital tools, whose development is part of the strategic program “ONE ARVAL”. The Company announced the launch of a unique offer in the area of telematics, the “Arval Active Link”, as well as the launch of a new international service, the Arval Webstore. Improvements were also made in the already existing services Arval Websites, Arval Analytics, Arval Fleet View and Arval Mobile+.
Ahead of the Digital Wave
The digital world is evolving rapidly. The Arval Company therefore decided, two years after the launch of the Arval Smart Experience initiative, to focus efforts on the digital world so that its customers could utilize the most modern technologies and their functionality. A number of tools have been improved and perfected with the aim of staying ahead of the digital wave and satisfying new and even the future needs of customers. Implementation of these digital transformations was made possible by extensive investments in infrastructure improvements across Arval. These investments are backed by specialized, fully engaged digital teams and by the creation of a startup for a range of offerings in the area of telematics.
Collection Box for Drop of Hope
Since 2014 the charity Drop of Hope collection box has been travelling around all the Arval Golf Cup tournaments with us.
Last year the collected funds were used to buy an incubator for the neonatal department at the Hospital Na Bulovce. The collection box travelled around with us this year too, and so with the help of the participants at our golf tournament we collected a good few tens of thousands serving a worthy purpose.
Arval celebrates overcoming the 12,000 vehicles barrier
ARVAL CZ has posted growth in its fleet every year since its founding in 2003. In comparison with the competition, it is the only leasing company in the Czech Republic that succeeded in achieving such a record.
In 2007, the company recorded its surpassing of 5,000 vehicles, and just four years later Arval reached the 10,000 vehicles level. As of today, the second strongest leader in operational leasing in the Czech Republic can add 12,000 financed vehicles to its list of successes.
Standing behind the achievement of continuous growth by ARVAL CZ are four important steps: the setting of right business strategy, high quality services, the establishment of perfectly functioning Account teams and last but not least, the successful implementation of new IT technologies and smart applications for fleet management.
Of course, the most important key to the success are the customers of Arval and their loyalty, which exceeds 80%, and Arval is constantly working on fostering this loyalty and on deepening its relationship with its clients.
ARVAL 2014 FINANCIAL RESULTS
Arval recorded strong business growth and exceeded its targets for 2014
In 2012, Arval launched a number of strategic programs that produced a number of interesting results in subsequent years. A great benefit for clients, for example, proved to be the more flexible choice of the lease period from the medium term to long term. There was also a greater complexity of outsourcing solutions and a number of innovative projects such as Arval Smart Experience started to run. The fleet concerns of customers and their drivers became even more the focus of Aral’s attention. Growth in the number of leased vehicles by 6% to 725 000 vehicles in 2014 shows, in comparison with 2013, that these initiatives are successful. This is also shown in the increase in the number of vehicles purchased by 30% to 223,000 vehicles in 2014 compared to 2013. The number of vehicles sold also rose, increasing by 3.4% to 184,000 vehicles.
“Our branch also recorded growth in the managed fleet in the past year, growing by 4%. We now take care of more than 13,200 vehicles. I am pleased to say that we are the only leasing company in the market that recorded an increase in the number of vehicles in the fleet in every year of its eleven years of operation,” said Jiří Solucev, Commercial Director of ARVAL CZ.
ACQUISITION OF GE Capital Services
BNP Paribas announced that Arval today completed the acquisition, first announced in June, of GE Capital’s fleet management activities in Europe. Arval now becomes the leader on the full service leasing market in Europe.
Thanks to this acquisition, Arval becomes number one in Europe in full service leasing. The scope of this transaction includes more than 160,000 vehicles in 12 European countries, three quarters of which are located in France, Germany and Great Britain, with the total asset value of the vehicles reaching about EUR 2.4 billion.
The transaction has now been finalized after receiving the consent of the European Commission and all other competent regulatory authorities. This deal is part of a global transaction, within which Element Financial, a strategic partner of Arval in North America, finalized the acquisition of GE Capital Fleet Services in the United States (the transaction was concluded at the end of August) and in Mexico, Australia and New Zealand (this transaction was concluded at the end of September). As a result, the Element-Arval Global Alliance now becomes the global market leader, with a fleet of more than 3 million vehicles in 47 countries.