702 Small Business Awards

LMB Euroseals: Family car parts business growing to compete on global stage

Car Part Manufacturer LMB Euroseals is one of 20 finalists in 2017 Sage Small Business Awards with 702.

The company relocated from Europe to South Africa in 1997 as a part of a family owned and run business which dates back to 1953.

They are constantly developing new items, increasing local content and offering the highest price to quality ratio on the market. For local skills, they have in-house training as well as management to employee one on one mentoring.

Doug Marinkovic is the COO of LMB Euroseals, he spoke to Bruce Whitfield, standing in for Xolani Gwala

We initially started manufacturing brick seals, since then we have expanded into complete cylinders, brake pads....

Doug Marinkovic, COO of LMB Euroseals

In South Africa, LMB Euroseals specialises in manufacturing brake and clutch components and has developed into a recognised brand in the Southern African automotive aftermarket and is now expanding globally.

Some components are still manufactured in our plant in Europe, some imported, but vast majority is manufactured here in South Africa.

Doug Marinkovic, COO of LMB Euroseals

We have invested heavily in the manufacturing plants here, testing laboratory, automated processes which allow us to compete on the global stage.

Doug Marinkovic, COO of LMB Euroseals

The company employs nearly 50 people.

Click on the link below to listen to the full audio....


Recommended

by NEWSROOM AI
Read More
Small business lessons from ‘Mayweather vs McGregor’

Small business lessons from ‘Mayweather vs McGregor’

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.

How Sage Small Business Awards with CapeTalk helped credibility of start-up Yoco

How Sage Small Business Awards with CapeTalk helped credibility of start-up Yoco

2016 Sage Small Business Award with CapeTalk winner Yoco's Katlego Maphai chats about company's growth. Entries are open for 2017.

How to protect your small business (against big business)

How to protect your small business (against big business)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

New app helps 'citizen scientists' keep track of marine mammals

New app helps 'citizen scientists' keep track of marine mammals

2015 Small Business Awards finalist Dreamweave Digital, created the Seafari tool which is now live and free to download.

'Childcare on wheels' wins 2015 Small Business Award

'Childcare on wheels' wins 2015 Small Business Award

702's John Robbie spoke to the 2015 Small Business Award winner, Tiffini Wissing, who is the owner of Old School Cool childcare and transportation services.

Is this the best guesthouse in Sandton?

Is this the best guesthouse in Sandton?

702 listener Caanita Wadvalla, blown away by by Claires of Sandton guesthouse, nominated it for a Sage One Small Business Award.

Popular articles
How to pay up to 45% less tax (and save the SA economy while you’re at it)

How to pay up to 45% less tax (and save the SA economy while you’re at it)

The Money Show’s Bruce Whitfield interviews Darryn Faulds, a fund manager at Grovest Group.

10-year-old maths whiz Sbahle Zwane gets a scholarship from Curro school

10-year-old maths whiz Sbahle Zwane gets a scholarship from Curro school

Azania Mosaka catches up with Sbahle Zwane's mother to hear about developments with his schooling.

Is the ANCYL still relevant and who is likely to take over the leadership reins?

Is the ANCYL still relevant and who is likely to take over the leadership reins?

Former ANCYL spokesperson and eNCA political reporter Samkele Maseko discuss who is up for the new ANCYL leadership.

'It's unacceptable that government officials pay R75 for luxury apartments'

'It's unacceptable that government officials pay R75 for luxury apartments'

IFP national spokesperson Mkhuleko Hlengwa says the party is calling for a review of these rates that are a cost to taxpayers.

[WATCH] Sars boss confusing, evasive testimony at Nugent Commission

[WATCH] Sars boss confusing, evasive testimony at Nugent Commission

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

Getting drunk improves creative problem solving - Harvard Business School

Getting drunk improves creative problem solving - Harvard Business School

Bruce Whitfield asks branding and advertising expert Andy Rice about a peculiar study that has creatives reaching for the tequila.