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2019 10 22

Press release

“Novatours” was recognised as one of the best companies in Estonia

Estonian Chamber of Commerce and Industry, promoting strong and business friendly environment in the country, yearly awards the most competitive and accomplished companies in different industries. Tour operator “Novatours” Estonia was named as the most competitive company in tourism industry. 


„I appreciate the content of the service or product when it is correct and honest, the values and vision are important here on all levels and the company has a constant desire to develop and keep up with the times. It is a solid platform to take the organization's performance to an even higher level”, said Sigrid Tammes, Country Manager of „Novatours“ Estonia. She also bowed to all her colleagues and long-term partners who contributed to a long-lasting company’s success as “Novatours” has been operating in Estonia already for 15 years. 


“I am proud of our achievements in Estonia as well as in other Baltic countries and grateful to all our team. Being the leading tour operator in the Baltics means a lot of challenges for us and all industry. The award together with our happy clients and solid financial results mean we are on the right path”, says Audrone Keinyte, CEO of Novaturas group. 


“Entrepreneurs have an invaluable role in raising the well-being of the country and the society, and it is important to recognize the efforts made because the recognition not only motivates but also promotes an entrepreneurial culture and boosts the Estonian economy”, said Toomas Luman, Estonian Chamber of Commerce and Industry Chairman of the Board.


1857 Estonian companies have been participating in the ranking. Awards have been given to the best companies in  13 categories. The calculations are based on companies’ economic indicators of past two financial years: sales revenue, net profit, labour costs, owner’s equity, number of employees. All the data have been analysed and the rankings drawn up by the Estonian Institute of Economic Research in cooperation with the Lausanne International Institute for Management Development.


„Novatours“ Estonia is a part Novaturas Group, the leading tour operator in the Baltics states. Since 21 March 2018, Novaturas shares have been dual-listed on the Warsaw Stock Exchange and on Nasdaq Vilnius.