MOSCOW, Sep 7 (PRIME) -- Russian tour operator Danko would stop operations from Friday, the company said in a statement.
“Due to unfavorable market conditions, tour operator Danko is terminating its activities starting from September 7, 2018. All sales will be stopped from this day. The tours which begin from September 8, 2018 will be annulled,” the company said.
All non-provided services have been insured with ERV Travel Insurance.
The Federal Agency for Tourism said it will consider delisting the company from the register of tour operators.
On Tuesday, one of Russia’s largest tour operators Natalie Tours declared a shutdown.
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