PARSIPPANY, N.J., Oct. 11, 2017 -- Avis Budget Group, Inc. (NASDAQ:CAR) has selected its Avis Car Rental and Budget Car Rental Licensees of the Year for Europe, the Middle East and Africa. This year’s recipients for the region are Avis Iceland and Budget Lebanon. Each honoree accepted the accolade at a celebratory event held in Greece.
The annual Licensee Awards recognize licensee partners that have demonstrated growth in annual financial performance, measured against their respective country’s economic conditions, excellence in customer service and alignment with the brand’s initiatives.
“As a mobility solutions provider with a presence in approximately 180 countries around the globe, we rely on the expertise and professionalism that our licensees offer Avis and Budget customers in the countries in which they operate,” said Mark Servodidio, president, International, Avis Budget Group. “Avis Iceland and Budget Lebanon have invested in their businesses, and delivered strong growth and high levels of customer satisfaction. We applaud their hard work and dedication.”
Avis Car Rental in Iceland has been independently owned and operated for 30 years, offering a wide selection of well-maintained vehicles, as well as ancillary services and coverages to enhance the driving experience.
Budget Lebanon has been in operation for 20 years, providing customers with quality vehicles at great value prices.
About Avis Budget Group
Avis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world’s leading car sharing network, with more than one million members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group has approximately 30,000 employees and is headquartered in Parsippany, N.J. More information is available at www.avisbudgetgroup.com.
Contact: Alice Pereira (973) 496-3916 [email protected]


SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
Washington Post Publisher Will Lewis Steps Down After Layoffs
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 



