For 2016, the company targets a 30% sales growth to EUR60 million.
Nearly 70% of last year’s sales were sales on the Romanian market, while airline tickets were Paravion’s main growth engine, with 85% of the sales volume.
The company also targets a substantial growth on the Turkish market this year.
At the beginning of 2015, Paravion expanded its business to Turkey with the acquisition of online operator Bavul.com from Turkcell, Turkey’s largest telecom operator. It also extended on several Southeastern European markets, while its sales increased on the additional non-core markets in Central and Eastern Europe (Bulgaria, Hungary, Cyprus), as well as in Great Britain and Spain.
Paravion is owned by GED, which also owns the Happy Tour group in Romania.