Coral Travel operates in the Ukrainian and Russian markets.
Coral Travel, a tour operator offering Ukrainians resort vacations amid martial law, continues to operate in the Russian market.
Isn't war a hindrance to tourism? Tour operator Coral Travel continues to promote beach holidays. The company offers Ukrainians seats on its own charter flights from Poland. Moreover, partner hotels are reportedly willing to accommodate Ukrainians at special rates. However, if you purchase a tour, you risk encountering citizens of the aggressor country at the resort. After all, Coral Travel also operates in Russia.
Charter flights from various Polish cities and special programs for mothers and children to recuperate and recuperate on the seaside: tour operator Coral Travel continues its operations in Ukraine despite the war.
The company has been operating for over 30 years and specializes in beach holidays - from the familiar Turkey and Egypt to exotic Tanzania and Mauritius. Ukrainian website The tour operator noted that the company belongs to a large international structure, OTI Holding, and is represented in countries such as Ukraine, Belarus, Georgia, Germany, Poland, Latvia, Lithuania, Estonia, and Turkey.
The Ukrainian tour operator's website has removed Russia from its list of countries.
It's easy to see that the Russian Federation is absent from this list. But has the operator, like most socially responsible Western companies, truly abandoned the Russian market?
It turns out, no.
In early March 2022, Coral Travel and its offshoots Sunmar stated, which cancels all flights from Russia on its airline, except for repatriation flights from foreign countries.
However, as it turned out closer to summer, neither the war, nor economic sanctions, nor the closure of airspace to Russian flights by a number of countries, prevented Russians from sunbathing in the warm sunshine of foreign resorts during the height of their country's "special military operation." Nor did it stop those who profited from it.
The tour operator offers Russians direct flights from Moscow.
On the Russian website Coral Travel is actively promoting and selling tours to Sharm el-Sheikh with direct flights from Moscow, and also offering "dream vacations" in the Maldives or the Aegean coast of Turkey.
Moreover, the director of the Rodena Travel agency, a partner of Coral, boasts on his social media page about the "colossal demand" for package tours among Russians.
It is also noted that tour operators operate under the Coral Travel brand not only in Russia, but also in Germany, Ukraine, Poland, Turkey, Belarus, Georgia, Latvia, Lithuania, and Estonia.
Analysts "StopKora" investigated the registration information of tour operator companies.
The Ukrainian company Coral Travel LLC was registered in Kyiv in 2008. Its founder is the Turkish joint-stock company Otti Holding Anonymous Şirkete. Its CEO is Tatyana Prokopenko.
The ultimate beneficiaries are three Turkish citizens: Yurt Coskun, Bektaş Ahmet, and Bektaş Ayhan Akan. This trio also owns Coral Travel Regions LLC and Coral Travel Market LLC.
Information about the founders of the Ukrainian LLC "Coral Travel"
The Russian LLC (LLC) "Coral Travel" was registered in 1998 in Moscow.
The founders are the company’s CEO Irina Morozova (she owns 4% of the authorized capital) and LLC (OOO) Tour Operator Coral Travel Center (96%).
In turn, the current co-owners of Tour Operator Coral Travel Center LLC are Russian citizen Alena Gromova (4%) and Turkish resident Yunalan Ercument (96%).
The historical founder is the same joint-stock company “Otti Holding Anonymous Širkete”.
Information about the founders of the Russian LLC "Coral Travel"
On the OTI website, Yunalan Ercüment is listed as one of the holding's top managers—the CEO of Coral Travel and Sunmar Tour Russia.
Yunalan Ercüment is an employee of OTI Holding
Consequently, the Turkish holding company has been unable to abandon the "Russo-Tourist" brand and continues to actively conduct business both in Ukraine and in the aggressor country. Nothing personal, just business? After all, according to official reports, Coral Travel's annual net profit in Russia is 7,4 million rubles, while in Ukraine it's only... 11 hryvnias.
Moreover, direct flights are offered from Moscow, and the tour operator partners with sanctioned Aeroflot. Overall, Coral's regular partners include over 14 agencies across Russia, over 40 air carriers, and over 5 hotels.
StopKor reminds us: companies that do business in Russia and thereby sponsor the murder of Ukrainians have no place in our country.
Like us Reported Previously, there were about 17 thousand enterprises operating in Ukraine that were somehow connected to Russia.
So, "StopKor" foundIt has been revealed that the food delivery service "Sushi Master," known throughout Ukraine, is 50% owned by Russian citizen Alexey Pavlov. The Russian has been conducting business in Ukraine and Russia since 2013. Furthermore, he periodically resides in the aggressor country.
Mareven Food Europe LLC may also have ties to Russia. This company produces food products in Ukraine, including Rollton instant noodles.
Translation by Skelet.Org
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