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Clarification regarding incorrect information circulated in Turkish media
Globenewswire· 2025-10-09 05:30
Company Overview - Novaturas Group is a tour operator with over 25 years of experience, offering a wide range of travel destinations from the Baltic States [2] - In 2024, Novaturas Group recorded revenues of EUR 201 million and served 239 thousand passengers in Lithuania, Latvia, and Estonia [2] Clarification on Investigation - Recent Turkish media reports incorrectly linked Novaturas shareholder Mr. Neset Kockar to an investigation, which has been clarified as false [1] - The investigation pertains to earlier transactions of a hotel owned by Mr. Ismail Lepiev (Prince Group) before its acquisition by Adali Otelcilik, a subsidiary of the ANEX Group [1] - Novaturas and its shareholder are confirmed to be unrelated to any violations [1]
Novaturas announces changes in CFO position
Globenewswire· 2025-07-15 13:05
Management Change - Novaturas Group announced that Darius Undzėnas will step down as Chief Financial Officer effective July 15, with the company currently searching for a replacement [1][2] - Kristijonas Kaikaris, CEO of Novaturas, expressed gratitude for Darius's contributions and acknowledged the company's new stage following the attraction of a strong strategic investor [1][2] Interim Management - Until a new CFO is appointed, Auksė Kriaučiūnaitė, the Senior Financial Controller, will temporarily assume CFO responsibilities [3] - Auksė Kriaučiūnaitė has extensive international experience in financial accounting, reporting, and tax advisory, and has previously served as interim CFO for Novaturas [3] Company Overview - Novaturas Group is a tour operator with over 25 years of experience, offering a wide range of travel destinations from the Baltic States [4] - In 2024, Novaturas Group recorded revenues of EUR 201 million and served 239 thousand passengers across Lithuania, Latvia, and Estonia [4]