- CEO
- Christopher Merrill
- Full Time Employees
- 3,117
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- 5 Koroviy Val Street Moscow Russian Federation 119049
- IPO Date
- Mar 29, 2024
- Business
- PJSC LC Europlan, a Russia-based automotive leasing and financial services company, specializes in B2B and B2C leasing, operating leases, and related insurance and ancillary services for vehicles and equipment. The company offers core products including financial leasing for passenger cars, commercial vehicles, trucks, and construction machinery; operating leasing with full-service management; a broad portfolio of insurance products (including hull, casco, CTP/VTPL, GAP, life, and lease-related coverage); procurement and delivery services; vehicle registration, fuel cards, buyback, maintenance, and tire services; and additional non-core services designed to enhance asset utilization and risk management. Europlan operates through an extensive network with a regional footprint across Russia, supporting relationships with dealers, insurers, and clients through its online sales portal and traditional channels. The company emphasizes a diversified revenue mix driven by B2B leasing, insurance income, and value-added services, underpinned by a strategy to broaden product capabilities and expand geographic reach. Europlan was founded in 1994 and is headquartered in Moscow, Russia, with key operations and offices spanning multiple federal districts nationwide. Subsidiaries and regional units complement the corporate structure to deliver tailored leasing solutions to small and medium-sized enterprises as well as large corporate clients. In addition to vehicle leasing, the company pursues initiatives such as Car-as-a-Service concepts, expanded service offerings, and strategic partnerships to enhance its market position. The latest developments include partnerships and alliances aimed at broadening distribution channels, ongoing expansion in regional markets, diversified product offerings through when-possible integration of leasing with comprehensive service packages, and continued growth of its insurance partnerships to support a more comprehensive client solution. Europlan maintains a focus on portfolio quality, liquidity of leased assets, and risk management, while pursuing expansion into new product areas and geographic markets within the region.