Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Tour Company TUI to Strike for No. 2 in Russia
18.11.2011 13:02
Tour Company TUI to Strike for No. 2 in Russia

The largest tour operator in Europe, the German TUI AG plans to take the second place in the Russian tour market. The company redefines its business model and intends to keep on its expansion in the Russian and Chinese markets, said the Chief Finance Officer Horst Baier in his interview to Bloomberg.

      
“We are currently No. 5 in Russia and plan on becoming No. 2 in the next two to three years,” Baier said. “In Asia we are at the very beginning of our journey but plan to expand in China and India.”

      
As a part of its strategy TUI plans to sell its remaining stake in the Hapag-Lloyd AG container-shipping business in January. The travel company still owns 38.4 percent of Hapag-Lloyd and has the option to sell a stake to Ballin on Jan. 2.

      

www.bloomberg.com


      

www.finmarket.ru


Author: Irina Fomina

Tags: Russia Russian tourism    

Next Previous


You might also find interesting:

Fines for Delay and Failure to Submit Financial Statements will be Increased
23.12.2018
The Castro 10 (C10) Vessel has Started Preparatory Work on Laying Gas Pipes for the Nord Stream-2
13.08.2018
Vkontakte Launched New Service for Businessmen
31.10.2018
Kaliningrad Region is the First in Terms of Involvement of the Population in Small Business
11.04.2019
The Export of Russian Oil has Increased by 34 Percent
02.10.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Russian sport  Censorship  Yuri Bashmet  Perm  Mindaugas Karbauskis  Russian Cinema  Arkhangelsk region  Twinhall  Russian history  Russian universities  Russian economy  Russian tourism  City Day  Art Museums  VAT  American Indians  Mercedes-Benz Fashion Week Russia  Tuva  Gorky Park  Russian customs  Elections 2012  Festivals in Moscow  Sewing  Agnolo Bronzino  Yaroslavl   Russian village  scientific attestation  Russian festivals  Awards  Pottery  Russian business  Brass Music  animation  St. Petersburg  Romodanovo  Russian Actresses  Krylatskoe   Russian Orthodox Church  bus tickets Russia FIFA  Rachel Lee Hovnanian  the Crimea  Exhibitions in Moscow  odd news  Russian Literature  Sobornaya Square  Musical Comedy Theater of Petersburg  Must See Places  natural disasters  Moscow  Russian events 


Travel Blogs
Top Traveling Sites