Audatex Forms New Unit Focused on Central and Eastern Europe
Fortifies long-time presence in high-potential country markets
SAN RAMON, CA — November 29, 2006 — Audatex, a Solera Company, today announced that it has created the Central and Eastern European Business Unit, or CEE, to manage its operations in 13 countries across the region. Collectively, the countries in the CEE have a total of nearly 70 million passenger vehicles, which would rank it behind only the United States in terms of market size and potential. The markets offer significant growth opportunity for Audatex.
"Solera’s investment in the CEE organization strategically aligns Audatex with the way our customers do business in these growing markets," stated Richard Nathschlager, recently appointed CEE Managing Director. "It enables us to strengthen our presence here, to continue to invest, and to focus our management, experience, and resources on delivering tailored solutions based upon local market needs."
"Companies operating in the CEE countries face common challenges and opportunities,” said Tony Aquila, Founder, Chairman and CEO of Solera, Inc. “Audatex can draw upon our unique experience from around the globe to help these clients automate the claims process and to capture these opportunities. Our dedicated staff in these countries now have additional supporting resources to service their clients even more effectively than before."
About Audatex
Audatex, a Solera Company, delivers the industry’s most comprehensive, integrated suite of applications for claims processing, estimating, shop and yard management, and business analytics for performance management. Our solutions help insurance carriers, collision repair shops and automotive recyclers automate core business processes, streamline workflow with industry partners, and manage performance. Solera’s operating companies employ over 2,200 associates in over 40 countries, and have the world’s largest global network of over 50,000 customers. The Solera companies include Audatex in the United States, Canada, and in more than 35 additional international markets, Informex in Belgium, Sidexa in France, ABZ in The Netherlands, and Hollander serving the North American recycling market.