Estonia, Good for Business, Technology, Tourism

Egencia is a subsidiary of Expedia Inc. who is a global leader in online solutions for business travel sector that specializes in organizing business travel and financial management of travel expenses for corporate clients.

Opening representative offices in Baltic countries is part of Egencia Global Alliance expansion strategies. Egencia currently is represented through a network of local travel agencies in more than 50 countries around the world.

"We appreciate expressed trust to us to represent one of the world's top five leading travel management brands in the Baltics. Thanks to Egencia modern online solutions and global data base, we will continue to offer favorable business trips, thereby saving our corporate clients money and time what their employees are forced to spend organizing the logistics of the business trips. With help of Egencia we plan to double the number of customers, over the next three years," Vlad Koriagin, Baltic Travel Group Chairman of the Board.

Arnaud Le Masne, Managing Director, Global Sales & EMEA Development: "We are delighted to expand our footprint in the Baltics. There is an increasing demand from Global Customers. Egencia acquired Via Travel, Number travel agency in the Nordics, a year ago. Rebranded Via Egencia, we have seen a strong request from Norway, Sweden, Denmark and Finland for a great partnership on the Baltics. This seems to be the perfect match and we are confident this will provide our common customers with the best service."

According to the Baltic Travel Group, access to Egencia global network and advanced technology solutions in the field of tourism will provide an opportunity to offer a unified and structured service to international customers who will continue to be confident that they will receive the same level of service in Baltic region as anywhere else in the world where Egencia is represented.

Baltic Travel Group is leading travel and destination Management Company in the Baltic States, offering a wide range of travel services including corporate travel solutions and services. Baltic Travel Group’s turnover in 2012 was 17 million euros; the plan for 2013 – 20 million euros. The company employs 62 persons and has full service offices in Tallinn, Riga and Vilnius.

Egencia is a leading full-service travel management company delivering innovative business travel technology and expert local service to more than 10,000 clients in over 60 countries around the world. As part of the Expedia group (NASDAQ: EXPE), the world's largest online travel company, Egencia provides forward-looking companies with the ability to drive compliance and cost savings in their travel programs, while meeting the needs and requirements of the modern business traveler.