Belron® Signs Agreements with Franchisees in Finland and Lithuania
June 25, 2009

Belron has announced that it has signed two new franchise agreements in two new countries-Finland and Lithuania.

In Finland, the company's new franchise agreement was made with a family, the Niemi family, who owns both a retail business, Tuulilasivarikko, and a wholesale business. Tuulilasivarikko has six locations in Helsinki and Turku.

"Over the past few years the insurance market in Finland has undergone change and with glass insurance coverage level of around 40 percent it is now similar to other Scandinavian countries," says Belron chief executive officer Gary Lubner in a memo announcing the additions. "The main focus for the Niemi family will be to build a stronger presence in the insurance market as their existing operations are mainly in the fleet and cash segments."

In Lithuania, the company has penned an agreement with Jurij Koncanin and his wife, Anja. The Koncanins operate a wholesale business called Nordglass and an installation business, Euroglass. This company has three branches located in Vilnius, Kaunas and Kleipeda and will soon be operating under the Carglass® brand.

"Jurij Koncanin already has a young enthusiastic management team that will concentrate on introducing Belron best practice standards into the company and growing the insurance business by developing key account relationships," adds Lubner.

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