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PRESS RELEASES

A New Franchise for Croatia and Bosnia-Herzegovina
27.06.01

On Friday 15/06/2001 BELRON has signed a franchise agreement Croatia and Bosnia-Herzegovina. The franchise for these 2 markets has been taken by IRS Germany based in Mannheim. IRS is owned by Mr.Josip Ivankovic who is of Croatian origin and is the Avis Licensee for the Croatian and Bosnian markets.

Mr. Ivankovic will establish a fitting branch network with main locations in Zagreb,Split and Sarajevo in the near future.

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COMMENT

"Keeping to our core business has allowed BELRON to continue delivering outstanding customer service. That's why we are the Global No.1".

Jeff Boekstein
Sales & Marketing Director

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