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Avis Europe plc - Company Profile Snapshot

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Company Profile: Avis Europe plc
Ticker: AVE
Exchanges: LON
2008 Sales: 1,031,300,000
Major Industry: Financial
Sub Industry: Rental & Leasing
Country: UNITED KINGDOM
Employees: 5967

Business Description
Avis Europe plc(AVIS). The Group's principal activity is to supply of rental vehicle services. It operates more than 3,900 corporate and licensee locations in Europe, Africa, the Middle East and Asia. The Group had an average fleet of 117,000 vehicles and completed over eight million rental transactions. The Company has commercial ties with Avis Budget Group, Inc, which owns the global rights to the two brands, as well as the Wizard rental and reservation system. Long-term agreements with Avis Budget Group, Inc gives the Group the rights to use the Avis and Budget names, brands and operating systems through master licensing agreements until 2036.

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