Novaturas
Lithuanian travel company
From Wikipedia, the free encyclopedia
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]
 | |
| Industry | tourism |
|---|---|
| Founded | 1999 |
| Headquarters | Lithuania |
Key people | Kristijonas Kaikaris (CEO) |
Number of employees | 155[1](2024) |
| Website | www |
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]
