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....


702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

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
'ANC may split if Dlamini-Zuma is elected leader'

'ANC may split if Dlamini-Zuma is elected leader'

Political analyst Dr Somadoda Fikeni sat down with Ray White to discuss the future of the ANC.

The Steinhoff Story: from humble beginnings to billions

The Steinhoff Story: from humble beginnings to billions

Financial Mail editor Rob Rose chats to Eusebius McKaiser about how Steinhoff became the retail giant we know, before the fall.

Predictably awesome new Nando's ad reminds South Africans ‘we can fix our sh$t’

Predictably awesome new Nando's ad reminds South Africans ‘we can fix our sh$t’

Watch the Guptas pack their bags and run in Nando's inspiring new advertisement.

PSG Chair Jannie Mouton opens up (kind of) about Steinhoff

PSG Chair Jannie Mouton opens up (kind of) about Steinhoff

In 2012 Steinhoff acquired 20% of wealth manager PSG, reportedly infuriating Mouton. Bruce Whitfield interviews him.

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

The Money Show’s Bruce Whitfield interviews Steinhoff International Chairperson Christo Wiese.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...