Novaturas

Novaturas is a Lithuanian travel and leisure company. The company is the largest tour operator in Baltics. Taking into consideration the organized chartered flights market in Baltics, the company owns about 40% of this market.[2] Novaturas works with more than 400 travel agencies in Poland.[3]

The company offers over 30 destinations worldwide.[2]

The company is established in 1999.[2][4] In 2007, the company was taken over by the Polish company Central European Tour Operator.[5]

Since 2018, the company is listed in Nasdaq Vilnius.[2][5]

Almost 300,000 customers used the services of the Novaturo group in 2019.[6]

In 2020, the shares of Central European Tour Operator, the main shareholder that left Novaturo, were bought by three Estonian companies that jointly own 25% of the company's shares. In addition to the above-mentioned Estonian companies, 9.99% of the shares of the Novaturas Group are owned by ME Investicija, which controls Girteka Logistics, 9.49% by Ugnius Radvila, and 6.86% by Vidas Paliūnas and Rytis Šūmakaris.[7]

References

  1. Novaturas^
  2. Novaturas nasdaqbaltic.com, retrieved 25 April 2021^
  3. Apie mus - Novaturas www.novaturasgroup.com, retrieved 2022-10-26^
  4. ""Novaturas" – ant prekystalio". alfa.lt.^
  5. "Novaturas" iškeliavo vz.lt, retrieved 2022-02-02^
  6. Naglis Navakas. "Novaturo" pelnas 2019 m. mažėjo 57% vz.lt, retrieved 2022-10-26^
  7. Justinas Gapšys. Naujais "Novaturo" akcininkais tapo estų turizmo, apgyvendinimo ir sporto bendrovės vz.lt, retrieved 2022-02-02^