Grenke AG (GLJ.DE) XETRA

12.48

-0.2(-1.58%)

Updated at June 03 11:24AM

Currency In EUR

Grenke AG

Address

Neuer Markt 2

Baden-Baden, 76532

Germany

Phone

49 7221 5007 204

Sector

Industrials

Industry

Rental & Leasing Services

Employees

2196

First IPO Date

April 04, 2000

Key Executives

NameTitlePayYear Born
Sebastian HirschChairman of the Management Board & Chief Executive Officer786,9001981
Martin PaalChief Financial Officer & Member of Management Board222,1001979
Gilles ChristChief Sales & Marketing Officer and Member of the Management Board558,2001970
Isabel Tufet BayonaChief Operating Officer & Member of Management Board01978
Martin OlbergManaging Director of Market0N/A
Michael Parsiegla-AmatoManaging Director0N/A

Description

Grenke AG, together with its subsidiaries, provides a range of banking and financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. It operates through three segments: Leasing, Banking, and Factoring. The company is involved in the leasing activities, such as financing to commercial lessees, leasing, service, protection, and maintenance offerings, as well as disposal of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, peripheral equipment, software, telecommunication and copying and medical technology, as well as other IT products. It also provides banking products and services, such as fixed deposits to private and business customers through its Website; financing services to business start-ups, as well as development loans to SMEs and self-employed professionals; and small-ticket factoring services. Grenke AG operates a total of 154 locations. The company was formerly known as GrenkeLeasing AG and changed its name to Grenke AG in May 2016. Grenke AG was founded in 1978 and is headquartered in Baden-Baden, Germany.