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.[1] Novaturas works with more than 400 travel agencies in Poland.[2]

Novaturas
Industrytourism
Founded1999
Headquarters
Lithuania
Key people
Vitalij Rakovski (CEO)
Websitehttp://www.novaturas.lt/

The company offers over 30 destinations worldwide.[1]

The company is established in 1999.[1][3] In 2007, the company was taken over by the Polish company Central European Tour Operator.[4]

Since 2018, the company is listed in Nasdaq Vilnius.[1][4]

Almost 300,000 customers used the services of the Novaturo group in 2019.[5]

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.[6]

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