GERMALO REISID OÜ

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Already 5,230 people have seen this company's branding and they are being followed by 97 Storybook user.In average the company has been rated 4.6 points ja komm

GERMALO REISID OÜ hetkeolukord

Already 5,230 people have seen this company's branding and they are being followed by 97 Storybook user.In average the company has been rated 4.6 points ja kommenteeritud 93 korda.

's activity report 2022

The main activity of OÜ Germalo Reisid is the preparation and organization of tourism trips. The company is 100% based on Estonian capital.

Our travel program includes cultural trips, holiday trips, exotic trips and ski trips.

Germalo Reisid is the only travel organizer in Estonia who sells 100% only its own products and does not mediate any other company - we compile our own travel programs, we carry out the trips ourselves, we are responsible - from start to finish.

We certainly take into account the suggestions and wishes of our clients.

The added value and convenience of the trips is that in addition to scheduled flights, we also use a lot of charter flights, thus reaching interesting places more conveniently.

Together with professional guides and cheerful clients, we have traveled the world quite small, no place is unreachable.

We try to find a solution for every wish and consider personal approach important.

The destinations for 2022 in our travel program were Thailand, Dubai, Italy, Switzerland,

Georgia, Ireland, Sri Lanka, Austria, France, Latvia, Greece, Iceland,

Norway, Spain.

In 2022, no new Estonian destinations were added to the travel program. Estonian Trips took place from June to August.

The company's activities involve foreign exchange transactions - payments in currencies, most of which are USD, GBP. The company organizes currency purchases using banks' SPOT rooms. Depending on the market situation, two or three times a year, currency is purchased in larger, or necessary quantities before the start of the season, which allows to hedge the risks arising from exchange rate changes.

Travel organization is seasonal, but OÜ Germalo Reisid has planned trips for every season, we have a wide range of winter, spring, summer and autumn trips. One season may be more profitable than another, but this is ensured by the payments received and made, and the consumer protection guarantee. Thus, OÜ

Germalo Reisid is able to fulfill all its obligations to third parties.

On February 24, 2022, a large-scale attack by the Russian Federation's armed forces against Ukraine began. This negatively affects the company's economic activity, but since the situation is uncertain and rapidly changing, the management does not currently consider it appropriate to give quantitative estimates of the possible impact of the war. The management monitors the course of events in the accompanying economic environment and adjusts its activities according to the situation, seeks new markets and opportunities, if necessary, reorganizes its activities. At the time of preparing the report, the management has no information that would give reason to believe that the impact of the war in Ukraine is likely to jeopardize the continuity of the company's operations within 12 months from the reporting date.

In 2023, the selection of travel destinations such as Iceland, Greece, Spain,

Sri Lanka, Canada, France, Portugal will continue.

The new destination for 2023 is Santiago de Compostela and Armenia.

The average number of employees for the 2022 financial year was 17 when converted to full-time.

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