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Prussian Mine and Foundry Company
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Preussag AG merged with the Ruhr coal company, Hibernia AG, and electricity utility to become the United Electrical and Mining Company.
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Hapag-Lloyd AG: German tour operator with its own travel agency chain, airline and logistic services.
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TUI Deutschland: German travel agency chain, one of the leaders for package holidays
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Magic Life: a leading all-inclusive holiday club chain.
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Hapag Touristik Union: the tourism division of Preussag;
Thomas Cook: one of the biggest British tourism and financial services group. -
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HTU renamed to TUI Group
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It took over the British Thomson Travel Group, took a stake in French leading tour operator and acquisited the largest tour operator in Scandinavia.
TUI became a leading company in tourism with over 200 tourism brands around the world. -
Reposition in the tourism industry: all brands belonged to TUI.
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Preussag created TUI Air Management to manage the six airlines centrally.
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Renaming Preussag AG to TUI AG.
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Complete take over of the French leading tour operator: Nouvelles Frontieres
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Goal: yearly savings of 263 millio euro in 2003 and 100 millio euro in 2004.
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Set up of TUI China or Chinese tourists visiting Germany.
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TUI opened the first low-cost travel agency in Hamburg, Germany with Touristik Express to sell low cost holidays.
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TUI entered the Russian tour operator market.
Set up of TMR through joint venture with the Russian tour operator Mostravel. -
TUI became the european leader in the direct sales of travel products
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TUI entered the Indian market with 50 per cent holding in the incoming agency 'Le Passage to India'.
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TUI took the full control over CP ship, the leading Canadian container shipping line and merged its container shipping division with it.
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TUI launched the virtual tour operator Touropa.com in Germany, selling travel tours online, through travel agencies, television and call centres.