adriatica.net Group sells Sixt 29. 04. 2010.

Contract of sale for the car rental company Sixt, which operated within Atlas d.d., a member of adriatica.net Group, has been finalised in recent days.

The decision to sell Sixt to the company that holds the Sixt franchise for Slovenia is a direct consequence of restructuring processes in the adriatica.net Group. One of the more important elements of the strategy that was agreed on after the successfully effected recapitalisation of adriatica.net Group has been realised with this move.

Employees of Sixt and their privileges have with this contract of sale been transferred to the new company.

adriatica.net Group developed from the www.adriatica.net online travel agency. First major enlargement happened in 2004, when the agency took over Atlas Airtours, one of the first tour operators in Croatia.

The expansion continued in 2005, when the company entered German, Dutch and Slovenian markets by taking over ID Riva Tours Gmbh, Odisej and Ilirika Turizem travel agencies. A further step towards enlargement of the Group had been made in 2006, when ATLAS Travel Agency and Kompas JSC, present at more than 26 markets, became members of adriatica.net Group.

Jolly Travel, Serbia’s leading tour operator, joined the Group in 2007.

Further information is available through following telephone numbers: 01 2415 601, 091 2638 011, and e-mail address: kristijan.grzetic@adriatica.net (contact person Kristijan Gržetić)