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Paravion enters restructuring process

Paravion, the largest online travel agency in Romania, announced that it would start a restructuring process on Tuesday, August 8, amid instability in Turkey. The travel agency is also present in Turkey through the booking portal Bavul.com, which it took over from Turkcell in 2015. Bavul registered sales of EUR 23 million in 2016, but the socio-political context in Turkey and the devaluation of the Turkish lira dramatically ...

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