{"id":120452,"date":"2018-12-11T00:00:00","date_gmt":"2018-12-10T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/christian-tour-increases-its-insolvency-insurance-to-3-million-eur\/"},"modified":"2026-03-28T09:03:19","modified_gmt":"2026-03-28T07:03:19","slug":"christian-tour-increases-its-insolvency-insurance-to-3-million-eur","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/christian-tour-increases-its-insolvency-insurance-to-3-million-eur\/","title":{"rendered":"Christian Tour increases its insolvency insurance to 3 million EUR"},"content":{"rendered":"<div>Travel agency Christian Tour has concluded the largest insolvency insurance policy in the local tourism market, with a total coverage amounting to 3 million EUR. The company has annual sales to customers of approximately 85 million EUR.<\/div>\n<div><\/div>\n<div>According to available market data, the largest insolvency insurance previously held by a tour operator was 1 million EUR.<\/div>\n<div><\/div>\n<div>Additionally, Christian Tour has increased its share capital to 1 million EUR, even though the law requires tour operators to increase the value of their share capital from 200 RON, as it currently stands, to 25,000 RON.<\/div>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What is the value of Christian Tour&#8217;s new insolvency insurance?<\/strong><\/p>\n<p>Christian Tour has secured an insolvency insurance policy worth 3 million EUR, the largest in the Romanian tourism market.<\/p>\n<p><strong>What is the company&#8217;s annual sales volume?<\/strong><\/p>\n<p>The travel agency reports annual sales to customers of approximately 85 million EUR.<\/p>\n<p><strong>By how much did Christian Tour increase its share capital?<\/strong><\/p>\n<p>The company increased its share capital to 1 million EUR, far exceeding the legal requirement of 25,000 RON.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Travel agency Christian Tour has concluded the largest insolvency insurance policy in the local tourism market, with a total coverage amounting to 3 million EUR. The company has annual sales to customers of approximately 85 million EUR. According to available market data, the largest insolvency insurance previously held by a tour operator was 1 million&hellip;<\/p>\n","protected":false},"author":0,"featured_media":67504,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2858],"tags":[],"thb-sponsors":[],"class_list":["post-120452","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\/120452","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=120452"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120452\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67504"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=120452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=120452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=120452"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=120452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}