Baltic, Good for Business, Lithuania, Tourism

International Internet Magazine. Baltic States news & analytics Wednesday, 19.06.2019, 04:45

Lithuania's Novaturas turnover up 12% to EUR 28.8 mln this year

BC, Vilnius, 15.04.2019.Print version
Novaturas, one of the largest tour operators in the Baltic states, posted 28.8 mln euros in revenue in January-March of this year, up 12% from the same period last year, reported LETA/BNS.

In March alone, the company's turnover inched up 2% to 9.8 mln euros, it said via the Nasdaq Vilnius stock exchange.


And from the beginning of this year, the company has served 41,100 clients, an increase of 9 % y-o-y.


Central European Tour Operator owns 47.4 % of Novaturas, Ugnius Radvila controls 9.49 % and Rytis Sumakaris and Vidas Paliunas owns 6.86%.

Its shares are quoted on the Vilnius and Warsaw stock exchanges.


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