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strategic changes of TUI

By CamilleBuda33
  • Preussag bought Hapag-Lloyd AG

    Preussag bought Hapag-Lloyd AG

  • Acquisition of TUI Deutschland

    Acquisition of TUI Deutschland

  • Period: to

    Preussag becomes TUI

    Management changed; from mining industry to tourism business.
  • Hapag Touristik Union bought 24.9% of Thomas Cook

    Hapag Touristik Union bought 24.9% of Thomas Cook

  • HTU acquired a majority stake in Thomas Cook

  • Hapag Touristik Union becomes TUI Group

    Hapag Touristik Union becomes TUI Group

    Jumped into the european market (French, British, Scandinavia) and became the leader company in tourism.

  • Brands are put under the World of TUI

  • TUI completed the 100% takeover of Nouvelles Frontières

    TUI completed the 100% takeover of Nouvelles Frontières

  • Creation of TUI Air management

    Creation of TUI Air management

  • "Preussag AG" is renamed "TUI AG"

  • New cost-cutting programmes

  • TUI setted up TUI China

    TUI setted up TUI China

  • Opening of a low cost travel agency in Hamburg

  • TUI setted up TMR

    Russian market (TMR)

  • Launching of the virtual tour operator in Germany

  • TUI entered in the Indian market

  • TUI took the full control of CP ship

    CP ship : The leading Canadian container shipping line
  • TUI is the market leader in the tourism industry in EuropE

    TUI is the market leader in the tourism industry in EuropE