Novaturas

Novaturas

Industry	tourism
Founded	1999
Headquarters	Lithuania
Key people	Kristijonas Kaikaris (CEO) [1] [2]
Number of employees	155[1](2024)
Website	http://www.novaturas.lt/

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 | Company — Nasdaq Baltic". nasdaqbaltic.com. Retrieved 25 April 2021.
3. "Apie mus - Novaturas". www.novaturasgroup.com. Retrieved 2022-10-26.
4. """Novaturas" – ant prekystalio". alfa.lt". Archived from the original on 2018-04-12.
5. ""Novaturas" iškeliavo". vz.lt (in Lithuanian). Retrieved 2022-02-02.
6. Navakas, Naglis. ""Novaturo" pelnas 2019 m. mažėjo 57%". vz.lt (in Lithuanian). Retrieved 2022-10-26.
7. Gapšys, Justinas. "Naujais "Novaturo" akcininkais tapo estų turizmo, apgyvendinimo ir sporto bendrovės". vz.lt (in Lithuanian). Retrieved 2022-02-02.

External links

• Official website