NTU1L Novaturas AB

Novaturas increases its offering volumes to Montenegro and Tunisia – interest in these destinations grows

Novaturas increases its offering volumes to Montenegro and Tunisia – interest in these destinations grows

Novaturas Group, the leader in the Baltic tourism market, is increasing its offering volumes to Montenegro and Tunisia in response to the growing demand for these destinations. The company announces the launch of additional flights to these destinations and new travel offers in May and June. The increase in travel offering from Lithuania to Montenegro these coming months is around 20 per cent and to Tunisia around 30 per cent compared to the volumes planned earlier for this summer season. 

 

“Montenegro and Tunisia are relatively new destinations for us, which we were the first to offer to travellers in the Baltic tourism market during the pandemic. We introduced Montenegro as a completely new destination and Tunisia was brought back to the range after some time. From the very beginning, we have seen a growing interest from travellers and this year the demand has been particularly strong. Early summer bookings to Montenegro and Tunisia have exceeded last year’s figures by 3 times. As of today, we have virtually no vacancies for these destinations in May and June. We see the greatest demand in Lithuania, so we are rapidly expanding our offering volume and thus allowing travellers to choose what interests them the most,” comments Vitalij Rakovski, CEO of Novaturas Group.    

 

Montenegro and Tunisia attract travellers for their spectacular scenery, abundance of activities and entertainment, as well as for their wide range of hotels and prices. The focused work in developing relationships with partners and suppliers in these destinations ensures that Novaturas can offer its customers very favourable prices and a wide range of added values.

 

The company plans to serve approximately 1 300 additional customers in Montenegro and 1 600 in Tunisia as part of the expansion of its offering volume. In addition, Novaturas is starting the summer season to Tunisia earlier this year, on 28 April, and to Montenegro almost a month earlier than last year, on 16 May. Flights to Montenegro are also planned to continue longer, until October.  



About the company

Novaturas Group is the largest tour operator in the Baltic States, offering summer and winter package holidays by plane to more than 30 destinations worldwide and more than 100 tours.

Vygantas Reifonas

CFO of AB Novaturas 



EN
12/04/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Novaturas AB

 PRESS RELEASE

Unaudited 12-Month Results of the Novaturas Group for 2025

Unaudited 12-Month Results of the Novaturas Group for 2025 The AB Novaturas group (hereinafter – the “Novaturas Group”) generated EUR 168 million in consolidated revenue for the 12 months of 2025 according to unaudited data, i.e. 16.1 percent less than in the same period of 2024. Despite lower revenue volumes, the Novaturas Group’s EBITDA (earnings before interest, taxes, depreciation and amortization) was positive and reached EUR 420 thousand, which is 107 percent more compared to the same period in 2024. Adjusted EBITDA amounted to EUR 420 thousand, 194 percent more than in the same peri...

 PRESS RELEASE

„Novaturo“ grupės neaudituoti 2025 m. 12 mėnesių rezultatai

„Novaturo“ grupės neaudituoti 2025 m. 12 mėnesių rezultatai AB „Novaturas“ įmonių grupė (toliau – „Novaturo“ grupė) neaudituotais duomenimis per 2025 m. 12 mėnesių gavo 168 mln. eurų konsoliduotų pajamų, t.y. 16,1 procento mažiau nei per tą patį 2024 m. laikotarpį. Nepaisant mažesnių pajamų apimčių, „Novaturo“ grupės EBITDA (pelnas prieš palūkanas, mokesčius, nusidėvėjimą ir amortizaciją) buvo teigiama ir siekė 420 tūkst. eurų, t.y. padidėjo 107 proc. lyginant su tuo pačiu 2024 m. laikotarpiu. Koreguota EBITDA sudarė 420 tūkst. Eurų, t.y. 194 proc. daugiau nei per tą patį 2024 m. laikotarp...

 PRESS RELEASE

Novaturas appoints Auksė Kriaučiūnaitė as Chief Financial Officer

Novaturas appoints Auksė Kriaučiūnaitė as Chief Financial Officer Novaturas Group, the leading tour operator in the Baltic States, announces that as of 7th January 2026, Auksė Kriaučiūnaitė will assume the position of Group Chief Financial Officer (CFO). Since July 2025, she has been serving as Interim CFO, ensuring continuity and stability in the Group’s financial management during the transition period. “Aukses appointment as CFO reflects both her outstanding performance over the years in the Company and the trust she has earned from the Board and executive leadership. During the time as...

 PRESS RELEASE

„Novaturas“ skiria Auksę Kriaučiūnaitę finansų vadove

„Novaturas“ skiria Auksę Kriaučiūnaitę finansų vadove Turizmo rinkos lyderė Baltijos šalyse – „Novaturas“ grupė – praneša, kad nuo 2026 m. sausio 7 d. grupės finansų vadovės (CFO) pareigas eis Auksė Kriaučiūnaitė. Ji nuo 2025 m. liepos mėnesio ėjo laikinosios finansų vadovės pareigas, užtikrindama finansų valdymo tęstinumą ir stabilumą pereinamuoju laikotarpiu. „Auksės paskyrimas finansų vadove atspindi tiek jos nuoseklius ir išskirtinius darbo rezultatus bendrovėje per pastaruosius metus, tiek valdybos ir vykdomosios vadovybės jai išreikštą pasitikėjimą. Eidama laikinosios finansų vadovės...

 PRESS RELEASE

Announcement Regarding the Progress of the Second Transaction Stage wi...

Announcement Regarding the Progress of the Second Transaction Stage with Strategic Investor and Status of Investor's Applications to Competition Authorities As previously disclosed in early September, Novaturas Group informed that the parties to the second transaction stage, who had planned to complete the second stage by autumn, after which strategic investor Neset Kockar would have increased his shareholding to approximately 33%, terminated the transaction at that time while continuing new negotiations regarding the acquisition of an additional share package. The Company has now been info...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch