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Thousands of Mazda car owners are concerned as ELMA S.A., the official and exclusive importer and representative of Mazda factory in Greece since 1982, has filed for bankruptcy and suspension of payments. Now the court must decide whether the request will be accepted or not.

Mazda - Europe company will have to provide for the customers of ELMA S.A. in terms of spare parts and guarantees, but many car owners are wondering if they will be fully secured in fact and what will happen with the servicing of their cars in the future.

According to the latest published balance sheet for 2012, ELMA S.A. had a turnover of 13 million euro compared to 40 million euro in 2011, a loss to the amount of 23 million euro, negative equity of 30 million euro and a short-term bank loan amounting to 116 million euro. The company obligations to employees amounted to 5 million euro.

Mazda official website states the following:

The general representation of Mazda vehicles in Greece belongs exclusively to the group of companies owned by the Kortesis family that has been known in the automotive sector since 1936 when Ioannis Kortesis assumed the representation of Ford vehicles through Stakor company.

With its 27 year-long history ELMA S.A., being the official and exclusive importer and distributor of Mazda factory in Greece, continues to reorganize its network and to successfully represent Mazda vehicles to consumers.

The company tries, and succeeds, to be worthy of the name, which it represents, as well as to leave its own mark on the representation of the Japanese brand in Greece.

Applying the principles of reliability and quality, the company has been ISO 9001: 2000 certified for the importation and sale of Mazda vehicles and spare parts, and for the provision of services.

Since its establishment in 1982, its main characteristic has been the pursuit of perfection, which fully coincides with the philosophy of the leading Japanese Mazda car company.

Driven by this desire, ELMA S.A. drew up and followed its dynamic course of development, achieving impressive results. The company has a network of associates working in 68 sites for sales located throughout Greece and actively participating in the provision of excellent services to every Mazda car owner.

As a result, every Mazda car owner knows that, by choosing one of Mazda's vehicles, he has been already provided with:

• A quality guarantee from Mazda factory.

• Complete technical checks prior to obtaining the selected car.

• Free warranty coverage of the car provided by the official network of Mazda.

• A full range of original spare parts for every Mazda vehicle.