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CWT sells off Russian subsidiary but aims to 'grow presence' in country

Travel management company says appointment of Russian company Vipservice to Global Partner Network will help boost presence

Pictured: Dmitry Gorin, Vipservice’s general director, says the sale of CWT's Russian subsidiary to Vipservice is 'historic'

Carlson Wagonlit Travel (CWT) says the sale of its Russian subsidiary to local travel company Vipservice is part of the plan to grow its presence in Russia.

The global travel management company says Vipservice will join the CWT Global Partner Network later this month, once the proposed sale of CWT's Russian subsidiary to Vipservice is complete.

CWT says the appointment will allow it to offer new benefits to customers in Russia, centred around an online service solution integrated with local content.

Natalia Morozova, CWT's general manager in Russia, said: "We are delighted to have found such a well-established, respected international partner in Vipservice – a company that shares CWT’s commitment to providing outstanding customer service. By combining the experience of one of the largest travel companies in Russia with our unique solutions and global best practice, we believe this will create a winning offering for all of our customers. We look forward to working with Vipservice on new and exciting projects in the future."

Dmitry Gorin, Vipservice’s general director, added: "This is certainly a historic event for both sides. We have much in common – our client portfolio structures are similar, both companies have been doing business in Russia for more than twenty years and both are passionate about using advanced technological solutions in the field of business travel. Together with CWT, we will provide the best global business travel and MICE practices for our clients in Russia. The partnership deal with the leading global agency is yet a further step in the implementation of our five-year strategy to build the #1 TMC in the Russian travel market."

Once the deal is completed Natalia Morozova will start a handover period to newly appointed general director, Alexey Kushkin. She will remain with the company for the handover period to ensure a seamless transition.

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