REVAL HOTELLIGRUPI AS

ANNOUNCEMENT

01.11.99

 

NEW CHAIRMAN OF THE MANAGEMENT BOARD OF REVAL HOTELLIGRUPI AS

 

On its today's meeting, the Management Board of Reval Hotelligrupi AS 

elected Feliks Mägus its new Chairman. 

 

Feliks Mägus has previously worked as the managing director of Hotel 

Palace, Management Board member of Finest Hotel Group (1989 - 1998) 

and Management Board member of Silja Line Eesti (1998 - March 1999). 

As of March 1999, Feliks Mägus works as the managing director of Hotel 

Olümpia. Feliks Mägus does not hold shares in Reval Hotelligrupi AS.

 

Feliks Mägus will also continue on the position of managing director

of Hotel Olümpia. 

 

Andres Liinat, the current chief executive of Reval Hotelligrupi AS,

will start leading the company's new projects.

 

As of November 1 the Management Board of Reval Hotelligrupi AS 

consists of four people, including Management Board Chairman Feliks 

Mägus, director of development Urmas Pastarus, sales and marketing 

director Helina Tuvike and financial director Katrin Rasmann.

 

Changes in Reval Hotelligrupi AS Management Board will not change the 

company's development strategy.

 

 

 

Katrin Rasmann

Financial Director

Tel. +372 62 74 444