Through Autonom Services SA, Autonom Group is the most important Romanian-owned independent player on the operating car lease and rent-a-car market in Romania. Autonom Services SA is an integrated provider of modern mobility solutions, tailored to its customers’ needs. The Company owns the most extensive mobility network in Romania and, based on its turnover, is in the top 5 players in the main business sectors: operating lease and car rental.
Integrated provider of mobility solutions, for companies and individuals;
National network of 46 agencies in 33 cities in Romania, a business model that stands out compared to its competitors’;
Vehicle fleet as at December 31st 2022: 13680 motor vehicles (10,949 under operating lease, 2731 under rent-a-car services);
Actual number of employees as at December 31st 2022: 474;
Romanian-owned independent player: Autonom International is the majority shareholder of Autonom Services SA, with 98% shareholding. The shareholders of Autonom Internațional are Marius Ștefan and Dan Ștefan, with equal shareholdings.
From start-up to prominent national player in the mobility service market
Autonom Services SA is a 100% Romanian owned company, established in 2006 in Piatra Neamţ;
Based on its turnover, Autonom Services SA is a top 5 player in its main business segments: operating lease and car rental;
In 2018, Autonom acquired BTOL, a company founded in 2001, aiming at strengthening its customer portfolio, at realizing economies of scale and at optimizing costs. The Company thus increased its market share and entered into a 5-year distribution agreement with Banca Transilvania. BTOL was taken over by Autonom on January 1st 2021;
Autonom International is the majority shareholder of Autonom Services, with 98% shareholding. The shareholders of Autonom International are Marius Ștefan and Dan Ștefan, with equal shareholdings;
In 2018, Autonom became the first company in Romania to be included in the EBRD Blue Ribbon Program, which includes 30 companies from 20 countries where the EBRD is present;
Autonom was selected in the first edition of “Made in Romania” run by the Bucharest Stock Exchange, in the league of 15 companies of reference for the growth of the Romanian economy;
Autonom Services is the only local company to be awarded the title of Best Employer for 5 years in a row (2014-2018), according to AON Hewit’s global survey, and to be recognized twice as business champion by Business Review;
Autonom is among the 123 organizations recognized worldwide by WorldBlu, a company which promotes democratic principles and advocates for freedom at work.
In 2019, the Company changed its visual identity and completed its first bond issue, listed on the Bucharest Stock Exchange;
In June 2022, Fitch Ratings, one of the top three rating agencies worldwide, awarded Autonom Services SA the IDR (Long-Term Issuer Default Rating) “B+” rating. The corporate bond issue traded under the symbol AUT24E was given a separate rating of “B-”.
In 2021, Autonom announced the publication of its Sustainability Strategy and the issuance of the first Sustainability-Linked Bonds, a first on the Romanian capital market, worth Eur 48.03 million and part of an MTN program amounting to a total of Eur 250 million. The targets set by means of the Framework Document were seen as “ambitious” by Sustainalytics, and the chosen key performance indicator was considered to be “very strong”; Sustainalytics also acknowledged the alignment with the ICMA (International Capital Market Association) Principles.
In 2022, it published its first Sustainability Report presenting the results for 2021 in terms of environmental, social and governance matters.
In 2022, Autonom acquired Țiriac Operating Lease (Premium Leasing SRL), a business with annual revenues of RON 90 million, assets of over RON 200 million and a fleet of over 2600 cars and managed to exceed the threshold of 10,000 cars under operating lease and to strengthen its position on the market.
Autonom received Eur 15 million in funding from the European Investment Bank, funds that will allow to increase the use of electric vehicles and vehicles with reduced carbon footprint by Romanian companies.
