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The largest
local tour operator in the Baltic States
259 ths.
PAX sold in 2023
EUR 208,3
million revenues in 2023
25
years in tourism
No. 1
in the Baltics since 2004
3
source markets of operations
30+
destinations worldwide
100+
round trips in Europe
New growth
strategy for 2023-2025
400+
external agencies
New website
in all markets from 2023
3,82 million
million unique visits at our websites in 2022
Our News
All news
10
March
Novaturas attracted a strategic investor - it intends to acquire 33% of shares
Novaturas Group, which earlier this week announced plans to attract a strategic partner to expand its operations, informs that the company's shareholders have concluded a contract with a new investor. Under the signed binding agreement, which is intended for the conclusion of the main contract, shares from four existing shareholders of Novaturas are planned to be acquired by Neset Kockar, a well-known Turkish tourism businessman and investor, who owns businesses in international aviation, real estate, tourism, and other industries.
04
March
Novaturas will issue new securities - aims to attract strategic investors
Having analysed strategic alternatives, the Baltic tour operator Novaturas Group will seek to raise additional capital by issuing new shares or convertible bonds to potential strategic investors. With this instrument, the company expects to raise up to EUR 5 mln., which would be used for the business development of the company, operating in Lithuania, Latvia and Estonia, as well as for the strengthening of its financial capacity and market position. The final decision on this proposal by the top management will be taken by the General Meeting of Shareholders.
28
February
Novaturas earned profit of EUR 2.6 mln. in the last quarter and improved its forecasted annual results
According to unaudited data, Novaturas Group recorded revenue growth and profit in the last quarter of 2024. Between October and December, the company generated revenues of EUR 48 mln., which is an increase of 16.6% compared to the corresponding period of the previous year. The net operating profit of the company was positive at EUR 2.6 mln. compared to a loss of EUR 3 mln. in the fourth quarter of 2023. The EBITDA for October–December accounts for EUR 3.3 mln. (compared to EUR -1.5 mln. in Q4 2023).
About us
We are the largest tour operator in the Baltic region, with a well-recognised brand and strong market position built over time since 1999.
Our Destinations
