OFFICIAL PRESS RELEASE
Stuttgart/Baghdad, Germany/Iraq, Feb 17, 2009 � In the presence of German Foreign Minister Dr. Frank-Walter Steinmeier and Nuri al-Maliki, Prime Minister of Iraq, Daimler AG today opened a corporate representative office for Iraq in Baghdad. The opening is a first concrete step toward the company's return to the Iraqi market, as well as a demonstration of Daimler�s wish to support the Iraqi government and population as they rebuild their country�s infrastructure.
The stable and economically prosperous development of Iraq is of crucial significance for the future of the Middle East region.
Last July, Daimler and the Iraqi government signed a memorandum of understanding that lays the groundwork for continued cooperation between Iraq and Daimler AG.
�Our new corporate representative office in Baghdad will serve as an ideal platform for helping the Republic of Iraq to return back to normal and for introducing our Mercedes-Benz products,� said Andreas Renschler, the Daimler Board of Management member responsible for Daimler Trucks & Daimler Buses.
The new Daimler representative office is located in Baghdad�s international zone. One of the office�s key tasks will be to define the market opportunities for trucks and buses. In February 2008, Daimler established a motor vehicle training workshop in Erbil in northern Iraq, where it provides skilled workers from the local area with the qualifications needed for the growing labor market.
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