Mercedes-Benz Hellas announced the signing of an agreement for the transfer of all the shares of the Greek company to the Swiss Emil Frey Group.
According to the relevant announcement “the change of ownership will allow Mercedes-Benz Hellas to continue the business operation of Mercedes-Benz and Smart Passenger and Light Commercial Vehicles, Mercedes-Benz and Fuso Trucks as well as Mercedes Buses -Benz and Setra in Greece, under one business roof, since the former Daimler AG group has been split since December 2021 into two independent Groups (Mercedes-Benz Group AG and Daimler Truck Holding AG)”.
As is emphasized that with the Emil Frey Group, Mercedes-Benz Hellas finds an experienced and reliable new shareholder, who is a long-term partner of Mercedes-Benz AG, with extensive experience in the Sale and Repair of Mercedes-Benz vehicles in many European markets.
The change in the ownership regime of Mercedes-Benz Greece ensures the uninterrupted provision of Sales and Technical service services for its customers, in the same venues it has always had.
New growth prospects in the Greek car market
Mercedes-Benz Hellas, as the newest member of the Emil Frey Group, which for many years has been the largest vehicle distribution network in Europe with over 620,000 car sales in 2021, is entering a new trajectory in the Greek car market from the Q1 2023 and plans to further strengthen its competitive position at a time when the automotive industry is transforming. To ensure a smooth transition to the new regime, the change of ownership will be completed in the first quarter of 2023.
In addition, the company notes, Mercedes-Benz’s commitment to offering excellent customer experience, which combined with the brand’s top products and services, has distinguished Mercedes-Benz as one of the most valuable and most admired commercial brands in Greece. The brand’s customers will continue to enjoy the same excellent Mercedes-Benz sales and technical service at all existing locations as the company will transfer all existing Authorized Dealer & Repair contracts and all of its staff.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
European Central Bank Cuts Interest Rates by 25 Basis Points
It is the fourth cut of interest rates by Europe’s central bank, a move expected by the markets and financial analysts leading to the rate settling at 3%.
Airbnb: New Measures Add €600 in Extra Costs for Property Owners
Property managers face an immediate administrative fine of 5,000 euros if access to the inspected property is denied or any of the specified requirements are not met.
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
![Fraport: Πάνω από 35 εκατ. επιβάτες στα αεροδρόμια το 11μηνο – Πτώση στη Μύκονο [πίνακας]](https://www.ot.gr/wp-content/uploads/2022/06/fraport-90x90.jpg)
