Hertz Bolsters Network in Bangladesh

Hertz Bolsters Network in Bangladesh

ID: 35904

(firmenpresse) - PARK RIDGE, NJ -- (Marketwire) -- 07/19/11 -- (NYSE: HTZ) the world's largest general use car rental company, has opened two new locations in the business district of Dhaka, Bangladesh, to cater for leisure and business travel with airport transfers, chauffeur drive and long term rentals. Inter-city transfers between Dhaka and other main city points such as Chittagong and Cox's Bazar are also available. Customers can choose from a fleet of air-conditioned sedans, sports utility vehicles, minivans and minibuses.

The two new Bangladesh locations are in Malibag and Gulshan, Dhaka. Malibag, located in downtown Dhaka, is close to the central business district as well as prestigious academic institutions. Gulshan is an affluent neighbourhood of Dhaka, where numerous local and multinational companies have their local headquarters located.

Hertz has signed a partnership with licensee Mollah Netcom Ltd to operate the Hertz brand in The People's Republic of Bangladesh, a country strategically located next to China, India and Southeast Asian markets. This move brings Hertz's network in Asia to approximately 1,300 locations in 13 countries.

Michel Taride, President Hertz International and Executive Vice President at Hertz Corporation, commented: "Bangladesh is enjoying strong economic growth. Hertz is certainly well-positioned to ride on this growth trend. With influx of foreign direct investments, there is increasing demand for top class car rental services. Hertz Bangladesh delivers quality products and services to meet the discerning needs of both corporate and leisure customers."

Arshal Arafat, Chief Executive Officer at Hertz Bangladesh, added: "We are delighted to join the Hertz global network. Transportation is an essential part of any big establishment in Bangladesh, from the huge ready-made garment factories to the telecom industry, pharmaceuticals and world chain retailers. We are able to provide total mobility solutions for their employees, senior management and VIPs throughout the country."





Hertz is the largest worldwide airport general use car rental brand operating from more than 8,500 locations in 146 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 83 major airports in Europe, operating both corporate and licensee locations in cities and airports in North America, Europe, Latin America, Asia, Australia and New Zealand. The Company also has licensee locations in cities and airports in Africa and the Middle East. Product and services such as Hertz #1 Club Gold®, NeverLost® in-car GPS system, SIRIUS XM Satellite Radio, and unique cars and SUVs offered through the Company's Prestige, Adrenaline and Green Traveler Collections, set Hertz apart from the competition. The Company also operates the Advantage car rental brand at 26 airports in the U.S. And, Hertz operates one of the world's largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of equipment for rent, including tools and supplies, and new and used equipment for sale, from approximately 325 branches in the United States, Canada, China, France, Spain, Italy and Saudi Arabia.





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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 19.07.2011 - 14:38 Uhr
Sprache: Deutsch
News-ID 35904
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"Hertz Bolsters Network in Bangladesh"
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