Eurolines concluded in June a partnership with UK-registered TUI Travel PLC, part of the German group TUI, the worldwide leader on the tourism segment. Thus, an important share of the Eurolines offer will consist of TUI products.
Through the transaction concluded, Eurolines will also integrate the company owned by TUI in Romania, Danubius Travel, in an operation that does not involve any transfer of stock.
“The Eurolines distribution network, the 52 agencies constituting the base for this partnership, will function under the name TUI Travel Center,” said Dragos Anastasiu, owner of Eurolines.
Constanta-based Danubius Travel, owned by TUI Travel PLC, Ciprian Popescu and Camelia Dinu Constanta, will become a part of Eurolines, maintaining its areas of activity, namely incoming tourism, cruises and business travel. Ciprian Popescu will maintain his position within the company’s management structure.
TUI Travel PLC operates in 180 countries and has some 30 million clients per year. The group has some 49,000 employees.
The Eurolines Romania group holds 9 companies, with some 400 employees, six franchised agencies in Germany, a fleet of 35 buses and some 200 cars.
According to Anastasiu, the group posted sales of more than 143 million lei (EUR34 million) in 2010. (EUR1=RON4.243)