TUI terminates brand agreement with Russian operator

TUI
By Linsey McNeill
10/03/2022
Home » TUI terminates brand agreement with Russian operator

TUI has pulled an agreement that allows TUI Russia to use the TUI brand.

Although TUI sold its shares in the Russian operator last year, TUI Russia had a brand licence agreement to use the TUI brand in various countries, including Russia, Ukraine, Belarus, Kazakhstan and Uzbekistan.

However, the German-based business announced today that this agreement has now been terminated.

TUI Group CEO Fritz Joussen said: “TUI condemns Russia’s attack and war against Ukraine. 

“Our position is clear. The TUI brand must no longer be used by TUI Russia for its business and the company’s presence.“

Share this article

Latest News

Loading