VanEck European Equal Weight Screened UCITS ETF (TEET)

Overview

Inter Cars S.A. is a leading distributor of spare parts for passenger cars and trucks, with a broad operational footprint extending across Europe. Founded in 1990, the company is headquartered in Czosnów, Poland. It boasts a diverse portfolio that spans from the distribution of automotive parts to the manufacture of motor vehicles, trailers, and semi-trailers. Further diversifying its business model, Inter Cars S.A. engages in the development and leasing of real estate properties, alongside remanufacturing car parts. The company’s activities also cover advertising, marketing, public opinion research, logistics, point of sale management, asset management, and the sale of commercial vehicles. It extends its services to include advisory services and the organization of training and seminars, focusing on automotive services and the automotive market. With its expansive operations, Inter Cars S.A. serves a wide-reaching market that includes Poland, Ukraine, the Czech Republic, the Republic of Slovakia, Lithuania, Hungary, Italy, Croatia, Belgium, Romania, Latvia, Cyprus, Bulgaria, Estonia, Moldova, Slovenia, Germany, Bosnia and Herzegovina, Greece, Serbia, Great Britain, Malta, and Norway.

Products and Services

• Spare parts for passenger cars and trucks

Inter Cars S.A. offers an extensive range of spare parts catering to both passenger cars and trucks, aiding in comprehensive vehicle maintenance and repair services.

• Manufacture of motor vehicles, trailers, and semi-trailers

The company steps into the manufacturing domain, producing motor vehicles, trailers, and semi-trailers, enhancing its involvement in the automotive industry.

• Real estate property development and lease

Expanding its portfolio, Inter Cars S.A. is also involved in the development and leasing of real estate properties, showcasing its versatility beyond the automotive sector.

• Remanufacturing car parts

Emphasizing sustainability, the company remanufactures car parts, offering an eco-friendly alternative to new part production.

• Advertising, marketing, and public opinion research activities

Inter Cars S.A. engages in advertising, marketing, and public opinion research activities to analyze market trends and tailor its offerings accordingly.

• Logistics, point of sale management, and asset management activities

The company manages an intricate logistics network, point of sale, and asset management activities to ensure operational efficiency and customer satisfaction.

• Sale of commercial vehicles, delivery vans, and trucks

Inter Cars S.A. broadens its product range by selling commercial vehicles, including delivery vans and trucks, catering to various business needs.

• Provision of advisory services

It offers advisory services, providing expert consultations related to automotive services and the automotive market.

• Organization of trainings and seminars

The company organizes training and seminars aimed at educating on automotive services and the automotive market, adding to its educational initiatives.

• Spare parts for motorcycles

Alongside automotive parts, Inter Cars S.A. distributes spare parts for motorcycles, catering to the needs of motorcycle enthusiasts and repair shops.

• Repair garages and vehicle repair services for motor-vehicle fleets

The company runs repair garages and offers vehicle repair services for motor-vehicle fleets, ensuring comprehensive vehicle maintenance solutions.