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KOSMOKURS SPACE TOURISM COMPANY HAS ANNOUNCED LIQUIDATION

Kosmokurs Company, the only private organization in Russia, engaged in the development of the space tourism market, will be liquidated. This was announced on April 6 by its CEO Pavel Pushkin. According to him, the reason for the liquidation of the business was the Russian bureaucracy, which hinders the design of the cosmodrome, which the company planned to build in the Nizhny Novgorod region. The company, which until recently had about 50 employees, was founded in 2014 as a ...

TOUR OPERATORS LEAVE THE MARKET DUE TO WARRANTY ISSUES

Difficulties in obtaining financial guarantees for Russian travel operators inevitably lead the firms to liquidation and bankruptcy. It became known from the order of the Federal Tourism Agency that the entries in the register were canceled for 21 organizations, only two of which were in a state of reorganization (RnD Tour and Iset Travel). All the rest could not get financial guarantees. Earlier, Federal Tourism Agency has ...

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