“We want to grow, expand globally, not just in Romania. This is how I see Eturia in the future, a global company (…). The world in the tourism industry is small. When you become known locally, you become known everywhere among service providers,” Sorin Stoica, co-owner of Eturia told ZF.
“We want to strengthen our business locally and then certainly expand abroad. We want to open our first office in London this year.”
Eturia travel agency was established about eleven years ago. It posted growth of some 35% in revenue to about EUR11 million last year, according to ZF calculations.
“Last year was outstanding for us. Our revenue increased by about 35% on the previous year and profit increased at an even higher rate. It was a relatively easy year because of the growth in every area. Moreover, as far as I am concerned, 2017 was one of the calmest years I’ve seen since I got into this business,” says the entrepreneur, who runs a company with 55 employees and three offices – Piatra Neamt, Bucuresti and Cluj-Napoca.
Sorin Stoica does not think 2018 will be a calm year for the business sector and expects growth to slow down; hence the 20% growth budgeted for this year.
(English version by Loredana Fratila-Cristescu)