GRENKE AG (Grenke) carries out in offering financial services. The company provides small-ticket information technology (IT) leasing services, factoring and banking services. It carries out small ticket IT leasing of products such as PCs, peripherals, monitors, security, networks and other copying technology. Grenke also offers banking and factoring services. The company specializes in the purchase and settlement of customer receivables. It serves to the small and medium-sized companies and private customers. The company operates in Brazil, Chile, Germany, Australia, Belgium, Canada, Singapore, and Turkey. Grenke is headquartered in Baden-Baden, Germany.
Headquarters
Germany
Address
Neuer Markt 2, Baden-Baden, Baden-Wurttemberg, 76532
Website
www.grenke.com
Telephone
49 7221 50070
No of Employees
2,138
Industry
Financial Services
Ticker Symbol & Exchange
GLJ (ETR)
Revenue (2022)
$608.0M
-0.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-9.2%
(2022 vs 2021)
Market Cap*
$1.1B
Net Profit Margin (2022)
XYZ
-8.9%
(2022 vs 2021)
* As of and is in US$
GRENKE AG premium industry data and analytics
Products and Services
| Services |
|---|
| Small-Ticket Leasing Services |
| Online Banking Services |
| Factoring Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In February, the company announced its plans to divest its factoring businesses and focus on the expansion and digitization of its leasing operations. |
| 2023 | Financing Agreements | In August, GRENKE BANK along with Thuringer Aufbaubank launched a global loan of EUR 5 million. |
| 2023 | Acquisitions/Mergers/Takeovers | In April, the company acquired 25% stake plus one voting share in Miete24 P4Y GmbH. |
Competitor Comparison
| Key Parameters | GRENKE AG | Deutsche Bank AG | Commerzbank AG | Partners Group Holding AG | ALBIS Leasing AG |
|---|---|---|---|---|---|
| Headquarters | Germany | Germany | Germany | Switzerland | Germany |
| City | Baden-Baden | Frankfurt Am Main | Frankfurt Am Main | Baar | Hamburg |
| State/Province | Baden-Wurttemberg | Baden-Wurttemberg | Baden-Wurttemberg | - | Baden-Wurttemberg |
| No. of Employees | 2,138 | 89,260 | 38,307 | 1,877 | 110 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Isabel Rosler | Director; Chief Risk Officer | Executive Board | 2021 | - |
| Sebastian Hirsch | Chief Financial Officer - Interim Chief Executive Officer; Chief Financial Officer | Senior Management | 2021 | - |
| Gilles Christ | Chief Sales and Marketing Officer | Senior Management | - | - |
| Martin Paal | Vice President - Controlling | Senior Management | 2022 | - |
| Jens Ronnberg | Chairman | Non Executive Board | 2023 | 66 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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