Core Points - Novaturas Group signed a suretyship agreement with Euroins AD for a EUR 9 million insurance limit to ensure fulfillment of obligations to travelers [1][2] - The partnership with Euroins is aimed at strengthening Novaturas' market position and enhancing credibility with clients and partners [2] - Novaturas has extended its credit line with Luminor Bank, with a EUR 3 million loan repayment extended until the end of the year [7][8] Company Overview - Novaturas Group is a leading tour operator in the Baltic States, offering a wide range of travel destinations and services for 25 years [9] - In 2024, Novaturas recorded revenues of EUR 201 million and served 239,000 passengers across Lithuania, Latvia, and Estonia [9] Insurance and Regulatory Context - Tourism regulations mandate that tour operators must ensure obligations through insurance or bank guarantees to protect travelers [3] - Euroins AD is a prominent insurance provider in Bulgaria and operates in multiple European countries, specializing in travel insurance [5][6]

Core Insights - Novaturas Group has decided to expand its loan agreement with strategic investor Neset Kockar from Turkey, receiving an additional EUR 1 million loan and extending the maturity of an existing EUR 1 million loan [1][2] - The new loan agreement reflects a growing partnership between Novaturas and its investor, highlighting the benefits of this collaboration [3] Financial Details - The initial loan agreement was signed in March 2023, with a short-term loan of up to EUR 1 million, repayable by 30 June 2025, at an annual interest rate of 8.5% [2] - Following the amendments, the loan maturity has been extended to 30 June 2026, and the company will receive an additional EUR 1 million loan under the same terms [2] Company Overview - Novaturas Group is a tour operator with 25 years of experience, offering a wide range of travel destinations from the Baltic States [4] - In 2024, Novaturas recorded revenues of EUR 201 million and served 239,000 passengers across Lithuania, Latvia, and Estonia [4]

Company Overview - Novaturas Group is the only local charter tour operator in the Baltic States with over 25 years of experience [2] - The company offers a variety of travel services including summer and winter recreational trips, sightseeing, exotic destinations, skiing, workation, and group trips to numerous locations worldwide [2] - In 2024, Novaturas Group reported revenues of EUR 201 million and served 239 thousand passengers across Lithuania, Latvia, and Estonia [2] Recent Developments - AB Novaturas has announced the receipt of notifications regarding the disposal and acquisition of voting rights [1]

Company Overview - Novaturas Group is the only local charter tour operator in the Baltic States with over 25 years of experience [2] - The company offers a variety of trips including summer and winter recreational, sightseeing, exotic, skiing, workation, and group trips to numerous destinations worldwide [2] - In 2024, Novaturas Group recorded revenues of EUR 201 million and served 239 thousand passengers in Lithuania, Latvia, and Estonia [2] Notifications - The company has announced the receipt of notifications regarding the disposal of voting rights [1]