Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Anex Tour company
Stock Market

Turkish company Anex Tour became the new owner of the tour operator Intourist

30.09.2020
2 min read

Anex Tour bought out Intourist from Thomas Cook

The famous international tourist operator Anex Tour has been added with another asset in Russia. It acquired Intourist, which is the oldest domestic company in the field of recreation services. Earlier it belonged to the UK operator Thomas Cook, which not long ago declared itself bankrupt.
Now Intourist will be owned by Turkish company Anex Tour, but details of the deal are not specified. According to experts, the figure of such a deal could be at the level of 10-11 million dollars, which should include an electronic platform with data and already concluded contracts with hotels in different countries.
The operator Intourist is the second large asset of British company Thomas Cook, the first is Biblio-Globe. The sale of the latter was signed back in March 2019, but in October the contract was terminated.
Intourist company has two main sectors – inbound tourism and recreation in Turkey, where the company works with a large number of hotel chains. Intourist is a reliable domestic operator and is included in the list of five largest tourism companies by the volume of tourists sent to Turkey last year. At the same time, the CEO of the company said that it provides 15% of people in the Turkish direction, and plans to bring this value to 20%.

Anex Tour company

Intourist is the leader in the segment of outbound tourism. The operator intends to serve 300 thousand foreign guests by the end of the year, with the total number of tourists in the country being 1 million people.
Before the official announcement of the deal between Intourist and Anex Tour, there were rumors that in addition to the Turkish company, businessman Roman Batalov and AFK Sistema claim to be a domestic operator. The national operator from China and the Fosun Foundation, which is a major shareholder of Thomas Cook, were also singled out among those willing to participate.
Chinese foundation Fosun earlier this month officially announced the acquisition of British tour operator Thomas Cook. The deal totaled 11 million pounds. It was planned that investors would allocate 900 million pounds to avoid bankruptcy of the company. However, Thomas Cook could not get another 200 million pounds, which were needed for rescue. As a result, the operator, which was established 178 years ago, declared bankruptcy.
The British company had two airlines in its structure, as well as a hotel chain. In addition, Thomas Cook had offices in 16 countries and served more than 19 million people annually.
Intourist” company in Russia was founded in 1929, which made it the oldest operator. In 2011, Thomas Cook acquired a 50% stake, while Sistema owned the other stake.

Tags: Stock Market
0
Previous Post The Turkish authorities have imposed restrictions on working with the national currency Next Post BCS Global Markets analysts: oil prices may fall by the end of the year

You Might Also Like

cheap Russian shares
Stock Market
Cheap Russian shares are actively bought at Moscow Stock Exchange
09.12.2020
Tencent Company
Stock Market
Tencent company pressed Facebook and became the leader of the social networks segment
08.04.2021
law on categorization of investors
Stock Market
Law on categorization of investors: review of changes in the document
18.04.2021
Russian Market
Stock Market
Investments in UIFs are increasing in the Russian market
04.11.2021
The Swiss financial regulator
Stock Market
Swiss financial regulator allows cryptocurrency fund activity
12.06.2022
Head of the White House
Stock Market
The head of the White House called upon the Federal Reserve to weaken the dollar
10.10.2020

Recent Posts

  • 1Laos cryptocurrency exchanges
    Two cryptocurrency exchanges in Laos received approval from the country’s Central Bank
    24.06.2022
  • 2Digital luxury
    Digital luxury: perspectives for luxury goods in virtual space
    23.06.2022
  • 3SWIFT considers interaction with digital currencies
    SWIFT plans to interact with digital currencies
    22.06.2022
  • 4The minimum income in Latvia will change
    The government intends to revise the minimum income in Latvia
    21.06.2022
  • 5Domuschiev brothers
    The Domuschiev brothers: the success story of Bulgaria’s first billionaires
    20.06.2022

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • What is the Dow Jones averages index

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Latest Posts

OpenSea NFT platform
OpenSea’s NFT platform hits the $13.3 billion mark
25.06.2022
Laos cryptocurrency exchanges
Two cryptocurrency exchanges in Laos received approval from the country’s Central Bank
24.06.2022
Digital luxury
Digital luxury: perspectives for luxury goods in virtual space
23.06.2022

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • What is the Dow Jones averages index
  • Mark Mobius: history of investor´s professional life
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics