- Business
- Autohellas S.A. engages in car rental, operating leasing, fleet management, car import, distribution, retail sales, and aftermarket spare parts under Hertz, Thrifty, Dollar, Firefly, and Hertz Operating Lease brands; through its VELMAR network, it distributes and services BMW, MINI, FORD, OPEL, SEAT, SAAB, HONDA, ALFA ROMEO, FIAT, ABARTH, MITSUBISHI, VOLVO, HYUNDAI, and KIA vehicles including BMW motorcycles; it holds exclusive import rights for SEAT, HYUNDAI, and KIA in Greece and SEAT in Bulgaria. The company operates across three segments including car rentals and used car sales, trade of cars, spare parts and related services, and international car rental and sales activities; it serves tourism, corporate fleet, retail, and aftermarket customers with a fleet exceeding 62,000 vehicles and over 160 sales points. Autohellas S.A., founded in 1962 and renamed from Hertz Hellas in 1974, is headquartered in Kifissia, Athens, Greece, and listed on the Athens Stock Exchange since 1999; it conducts business in Greece, Cyprus, Bulgaria, Romania, Serbia, Montenegro, Croatia, Ukraine, and Portugal through subsidiaries such as Autotechnica Hellas S.A., Autotechnica (Cyprus) Ltd., and others. In May 2025, it establishes CHANGAN Hellas Single-Member S.A. for importing and distributing fully electric and plug-in hybrid Changan vehicles from China; the group invests in 11,600 new cars during first-half 2025 amid fleet expansion and reports consolidated revenue of €502.5 million for the period.