Setting the Record Straight on Misleading Reports
Recently, Turkish media circulated inaccurate reports regarding an investigation that mentioned Mr. Neset Kockar, a significant shareholder of Novaturas. We feel it is crucial to address these false claims to provide our stakeholders with the accurate information they deserve.
Clarification from Legal Representatives
According to statements made by our legal team, the investigation referenced in the media is in no way connected to Mr. Kockar, who owns 23.2 percent of Novaturas. Instead, the investigation pertains to prior transactions involving a hotel that were conducted under the management of its former owner, Mr. Ismail Lepiev of the Prince Group. These events took place before the hotel was acquired by Adali Otelcilik, a subsidiary of the ANEX Group.
Firm Commitment to Compliance and Integrity
It is essential to emphasize that neither Novaturas nor any of its shareholders are implicated in these alleged violations. Our commitment to operating within legal and ethical frameworks remains unwavering, and we strive to maintain transparency with our customers and investors alike.
About Novaturas Group
The Novaturas Group has established itself as a leading tour operator, bringing an extensive selection of travel opportunities from the Baltic States to customers worldwide for over 25 years. We specialize in a variety of vacation experiences, including summer and winter recreational trips, sightseeing, exotic getaways, skiing adventures, workations, and group travel. In the most recent fiscal year, the Novaturas Group reported an impressive revenue of EUR 201 million and successfully catered to 239,000 passengers from Lithuania, Latvia, and Estonia.
Career Opportunities and Growth
Novaturas continues to grow and adapt to the evolving travel landscape, maintaining our focus on innovation and customer satisfaction. With various career opportunities available, we invite those passionate about travel to explore our company further.
Contact Information
For further inquiries, feel free to reach out to Auks? Kriauci?nait?, our Interim CFO, at +370 630 37367. We are always here to assist you and provide any additional information you might need.
Frequently Asked Questions
What prompted the response from Novaturas?
Novaturas responded to incorrect media reports that could mislead stakeholders regarding an investigation involving its shareholder, Mr. Neset Kockar.
What was the investigation about?
The investigation concerns previous hotel transactions associated with the former owner and does not involve Novaturas or its operations.
How long has Novaturas been in operation?
Novaturas Group has been in operation for over 25 years, providing various travel experiences from the Baltic States.
What is the current revenue of Novaturas Group?
In the latest fiscal year, Novaturas Group recorded revenues of EUR 201 million.
How can I learn more about Novaturas Group?
For more information, you can contact Auks? Kriauci?nait?, Interim CFO, at +370 630 37367.
