{"id":118911,"date":"2020-01-13T00:00:00","date_gmt":"2020-01-12T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/paralela-45-could-merge-with-an-incoming-tourism-firm\/"},"modified":"2026-03-07T18:07:49","modified_gmt":"2026-03-07T16:07:49","slug":"paralela-45-could-merge-with-an-incoming-tourism-firm","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/paralela-45-could-merge-with-an-incoming-tourism-firm\/","title":{"rendered":"Paralela 45 Could Merge with an Incoming Tourism Firm"},"content":{"rendered":"
The travel agency Paralela 45 could merge with an incoming tourism firm, announced Alin Burcea, the company’s owner, who also specified that for this year he estimates a turnover increase of 12-15%, from EUR 70 million in 2019.<\/div>\n
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„We will probably merge with an incoming firm on the market,” stated Alin Burcea during a press conference organized on the occasion of the company’s 30th anniversary, specifying that he cannot provide more details at this time.<\/div>\n
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Otherwise, he is considering that the travel agency might no longer participate in the autumn edition of the Tourism Fair organized by the National Association of Travel Agencies in Romania (ANAT) at Romexpo. <\/div>\n
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1.8 million tourists have traveled with Paralela 45 in 30 years, which reached a turnover of EUR 70 million at the end of last year and estimates a 12-15% growth this year.<\/div>\n
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The company will reach EUR 5 million in online sales this year, a segment representing 7% of the total.<\/div>\n
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Burcea estimates that in its 30 years of activity, the company has recorded cumulative sales of EUR 1 billion.<\/div>\n
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He recounted the history of the travel agency opened in January 1990, when Alin Burcea and Adrian Grigorescu, colleagues and guides at the Tourism, Hotels, and Restaurants Enterprise, decided to open a travel agency together. Three months later, Paralela 45, a name given by a visual artist, inaugurated its first headquarters on Regina Elisabeta Boulevard, and the owners were surprised by the avalanche of tourists.<\/div>\n
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The tour operator’s activity currently takes place through a network of 50 own agencies and franchises. <\/div>\n

Source: Profit<\/a><\/p>\n

Frequently Asked Questions<\/h3>\n

What are Paralela 45’s expansion plans?<\/strong><\/p>\n

The agency is considering a merger with an incoming tourism company to strengthen its market position and diversify its services.<\/p>\n

How has the company performed financially?<\/strong><\/p>\n

Paralela 45 reached a turnover of EUR 70 million in 2019 and expects a 12-15% growth this year, with online sales targeting EUR 5 million.<\/p>\n

What is the history of the agency?<\/strong><\/p>\n

Founded in 1990 by Alin Burcea and Adrian Grigorescu, the agency has served 1.8 million tourists and reached cumulative sales of EUR 1 billion over three decades.<\/p>\n","protected":false},"excerpt":{"rendered":"

The travel agency Paralela 45 could merge with an incoming tourism firm, announced Alin Burcea, the company’s owner, who also specified that for this year he estimates a turnover increase of 12-15%, from EUR 70 million in 2019. „We will probably merge with an incoming firm on the market,” stated Alin Burcea during a press…<\/p>\n","protected":false},"author":0,"featured_media":67942,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2858],"tags":[],"thb-sponsors":[],"class_list":["post-118911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/turism-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/118911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=118911"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/118911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67942"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=118911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=118911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=118911"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=118911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}