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ZF English

Travel demand is picking up: Happy Tour sees 20-25% growth

Happy Tour travel agency, together with Paravion and Travel House, businesses taken over last year, in 2010 generated turnover put at 43m euros, up 8% year-on-year, according to the company's officials and ZF calculations.

Mirabela Tiron · 04.04.2011 · 23:43 · 1 min
ZF English

GED buys travel agency Travel House

Spanish investment fund GED, one of the most active buyers on the Romanian market, is expanding its travel business, after acquiring an 80% stake in travel agency Travel House, with 6 millio...

Mirabela Tiron · 03.06.2010 · 20:55 · 1 min
ZF English

Accent Travel&Events posts 8m-euro turnover decline in 2009

Travel agency Accent Travel & Events, one of the top ten players on the Romanian travel market, ended last year with a 61 million-RON (14.5 million-euro) turnover, down 25% in RON against th...

Mirabela Tiron · 15.02.2010 · 16:23 · 1 min
ZF English

Eximtur expects first stagnation after five years of consistent growth

The Morariu family in Cluj, who owns Eximtur travel agency, the third largest player on the travel market in terms of 2008 turnover estimates, is expecting a stagnation of its sales in 2009,...

Ziarul Financiar · 14.01.2009 · 18:06 · 1 min
ZF English

The man who bought Tiriac's travel agency secures stake in investment fund

In less than three years, Florin Tancu, a 37 year-old engineer, sealed two major deals on the travel agencies market: in his first deal, he bought Tiriac Travel, a part of the group held by...

Ziarul Financiar · 17.12.2008 · 18:52 · 1 min
ZF English

Christian Tour travel agency posts 10m-euro revenues after ten months

Travel agency Christian Tour, owned by Cristian Pandel, forecasts 12 million euro revenues for this year, 80% higher than last year. "In the first ten months of this year, we exceeded last y...

Ziarul Financiar · 03.12.2008 · 18:36 · 1 min
ZF English

Perfect Tour expects sales to double

Perfect Tour travel agency, controlled by Corina Pacuraru, expects to generate 24m-euro turnover this year, double the 2007 value, as the company posted 20m-euro sales in the first ten month...

Ziarul Financiar · 24.11.2008 · 18:41 · 1 min