LEIPZIG, Germany--(BUSINESS WIRE)--The huge German UNISTER TRAVEL online operating company (in German: UNISTER TRAVEL Betriebsgesellschaft mbH) commences the travel section of UNISTER GmbH, thus officially controlling the operative business activities of the online travel section.
This means that Unister is taking another important step en route of the planned reorganisation. On Monday, August 18, 2014, Boris Raoul was already appointed Head of UNISTER TRAVEL (www.unister-travel.de) and Chief Executive Officer (CEO), whilst Matthias Steinberg was appointed Chief Financial Officer (CFO) and Nikolaus Pauseback was appointed Chief Procurement Officer (CPO).
"After over a year of intensive reorganisation, which included analysing and re-structuring the company's procedures comprehensively, we are excited that UNISTER TRAVEL operating company can finally commence business," says Boris Raoul, CEO of the new company. This company's foundation set a big milestone in the history of UNISTER.
UNISTER TRAVEL operating company manages the entirety of UNISTER GROUP's travel business as a holding. Additionally, UNISTER TRAVEL operating company controls specialised subsidiaries that are focussed on purchasing, customer service and distribution where they can fully unfold their core competencies.
"This will allow us to strategically realise a significant amount of synergies which will enable us to continue to grow both within Germany as well as within Europe, whilst additionally continue to increase our profitability - so we will stay on course for further success," says Matthias Steinberg, CFO of UNISTER TRAVEL operating company.
Measured by the volume of arranged travels, the new UNISTER TRAVEL is the biggest online travel agency in Germany. Only the travel portals of the huge German railroad company Deutsche Bahn AG sell more travel services, including sold train tickets (Source: FVW [German Trade Magazine for Tourism and Business Travel] Dossier Online Travel Sales, Summer 2014).
Approximately 800 members of staff currently work at UNISTER TRAVEL operating company in procurement, marketing, portal management, service, IT, and management. During the past ten months, the consulting company Ernst & Young was involved in the now completed restructing process regarding legal and fiscal matters.
Overview over the management of UNISTER TRAVEL operating company
Boris Raoul, CEO UNISTER TRAVEL operating company mbH
Boris Raoul is the Chief Executive Officer of the UNISTER TRAVEL operating company. Addtionally, Boris Raoul, born in Austria, belongs to the Board of UNISTER GROUP. Previously, Boris Raoul was the Chief Operations Officer at the Munich-based tour operator FTI and also has comprehensive experience from various management posts he held in the tourism industry.
Matthias Steinberg, CFO UNISTER TRAVEL operating company GmbH
Matthias Steinberg is the Chief Financial Officer of the UNISTER TRAVEL operating company. Previously, he managed the business activities of Lokad, a Big Data technology company, as the Chief Executive Officer. As the Vice President at Summit Partners Limited in London, he was responsible for investment in technology and internet in the German-speaking regions for three years.
Nikolaus Pauseback, CPO UNISTER TRAVEL operating company GmbH
Nikolaus Pauseback is the Chief Procurement Officer within the UNISTER TRAVEL operating company. After his studies, Nikolaus Pauseback, born in Bielefeld, worked at the airline Germanwings and became the Head of Product & Partner Management of the airline in 2007. Before joining UNISTER TRAVEL, Pauseback was one of two managing directors of the tour operator HLX based in Baden-Baden.