Kurt Leitner replaced Peter Demmer s head of the Porsche Romania Financial Group, after Demmer ended his mandate at the beginning of May. The new 40-year old manager was with Porsche for 19 years. Since 2003, Leitner has bee the head of the Porsche Financial Group in Serbia.

The group deals are mainly in financing the car acquisition area, including four departments: Porsche Leasing, Porsche Bank, Porsche Insurance Broker and Porsche Mobility. The group had a 10 million euros profit in 2006, in a 70 million euros business.