nicko cruises GmbH

nicko cruises GmbH

nicko cruises, the market leader for river cruises in Europe, had to file for insolvency before the start of the main season. The insolvency administrator, Mr. Michael Pluta from PLUTA Rechtsanwalts GmbH, managed to ensure that the tours in Europe, Africa and Asia took place until the end of the 2015 season. This means that the PLUTA team secured more than 30,000 tours, which was very difficult at the beginning. Moreover, the restructuring experts also optimised the capacity utilisation of the entire fleet and searched for an investor. With success: nicko cruises was acquired by the Portuguese holding company Mystic Invest which is active in the field of travel organisation. When business was restarted officially on 1 November 2015, the insolvency administrator’s team symbolically handed over the key to the new company.