Over sixty Lithuanian travel agencies face insolvency risk

Vida Press

Meanwhile the Tourism Department says to have no such information at its disposal, the Verslo Žinios business daily reports on Monday.

“According to our data, three tour operators and 58 travel agencies are running a high risk of bankruptcy today,” Rasa Maskeliūnienė, chief credit risk analyst at Creditinfo, told the daily.

Some 500 tour operators and travel agencies are active in the Lithuanian market.

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