Hanover, 10 March 2022

TUI terminates agreement: TUI brand name may no longer be used by TUI Russia

TUI AG has terminated the brand use agreement with TUI Russia. 

TUI Russia is not a company of the TUI Group. The last shares in TUI Russia were sold by the Hanover Group in 2021. 

The existing brand license agreement allows TUI Russia to use the TUI brand in various countries, including Russia, Ukraine, Belarus, Kazakhstan and Uzbekistan. This agreement has now been terminated by TUI AG.

Fritz Joussen, CEO of TUI Group: “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 its brand presence.”

About TUI Group

TUI Group is one of the world's leading tourism groups and operates worldwide. The Group is headquartered in Germany. TUI shares are listed on the FTSE 250, an index of the London Stock Exchange, on the regulated market of the Hanover Stock Exchange and on the Open Market segment of the Frankfurt Stock Exchange. The TUI Group offers integrated services from a single source for its 27 million customers, 21 million of them in the European national companies.

The entire tourism value chain is covered under one roof. This includes over 400 hotels and resorts with premium brands such as RIU, TUI Blue and Robinson and 16 cruise ships, from the MS Europa and the MS Europa 2 in the luxury class and expedition ships to the Mein Schiff fleet of TUI Cruises and cruise ships at Marella Cruises in Great Britain. The Group also includes leading tour operator brands and online marketing platforms across Europe, five airlines with more than 100 modern medium and long-haul aircraft and over 1,000 travel agencies. In addition to expanding its core business with hotels, cruises via successful joint ventures and activities in holiday destinations, TUI is increasingly focusing on the expansion of digital platforms. The Group is transforming itself into a digital company.

Global responsibility for sustainable economic, ecological and social action is at the core of our corporate culture. The TUI Care Foundation, initiated by TUI, focuses on the positive effects of tourism, on education and training and on strengthening environmental and social standards with projects in 25 countries. It thus supports holiday destinations in their development.