Novaturas is a

Lithuania Lithuania, officially the Republic of Lithuania, is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea, bordered by Latvia to the north, Belarus to the east and south, P ...

n travel and leisure company. The company is the largest tour operator in

Baltics The Baltic states or the Baltic countries is a geopolitical term encompassing Estonia, Latvia, and Lithuania. All three countries are members of NATO, the European Union, the Eurozone, and the OECD. The three sovereign states on the eastern co ...

. Taking into consideration the organized chartered flights market in Baltics, the company owns about 40% of this market. Novaturas works with more than 400 travel agencies in

Poland Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukrai ...

. The company offers over 30 destinations worldwide. The company is established in 1999. In 2007, the company was taken over by the Polish company Central European Tour Operator. Since 2018, the company is listed in

Nasdaq Vilnius The Nasdaq Vilnius is a stock exchange established in 1993 (''Vilnius Stock Exchange'', ''VSE'') and currently operated by Nasdaq, Inc.. Shares are listed on a Nasdaq Baltic stock exchange together with stocks from Latvia and Estonia. OMX Vil ...

. Almost 300,000 customers used the services of the Novaturo group in 2019. 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.

References

External links

* {{Official website 1999 establishments in Lithuania Companies established in 1999 Companies listed on Nasdaq Vilnius Companies based in Vilnius Travel and holiday companies of Lithuania