next trip holdings

Investor Relations

Solutions For Tomorrow's Travelers

Corporate Overview

NextTrip is an innovative technology company that is building next generation solutions to power the travel industry. NextTrip Parent, through its subsidiaries, provides travel technology solutions with sales originating in the United States, with a primary emphasis on ALR properties, hotel, air, cruise, and all-inclusive travel packages. Its proprietary booking engine, branded as NXT2.0, provides travel distributors access to a sizeable inventory. NextTrip’s NXT2.0 booking technology was built upon a platform acquired in June 2022, which previously powered the Bookit.com business, a well-established online leisure travel agent generating over $450 million in annual sales as recently as 2019 (pre-pandemic).

Since 2022, NextTrip has been focused on the holistic integration of the NXT2.0 technology platform, which will serve as a base for current and future technology projects as well as proprietary system enhancements. Through this strategic offering, NextTrip will focus on key areas of opportunity in the travel sector and drive enhanced booking conversion rates. NextTrip’s proprietary technology, when combined with media, product offerings and customer service, provides a unique lane to serve mid- to luxury travelers.

is to drive the evolution of the travel industry by merging advanced digital solutions with personalized travel services. 

technology focuses on untapped and underserved sectors of the travel industry, capturing new markets.

growth is accelerated by interactive technology, immersive media and unparalleled expertise.

Curated Breadth of Product

Opportunity for cross-sell and lifetime customers

Proprietary, Scalable Technology

Proven platform with opportunities to increase conversions and revenue per transaction

Innovative & Intuitive Booking Platform

Allows for new revenue opportunities across non-traditional spaces

Proven Management Team, Seed Investors & Board

Deep industry expertise and more than $15M direct capital investment

Traveler Database

6 Million customer list from previous operator (expected 2024 reactivation by NextTrip)​

Concierge Service

Drives higher revenue and repeat business, supported by best-in-class AI​

Financial Performance

Driven by scalable cost structure and repeat processes to enable revenue acceleration

Integrated Content Ecosystem

Engages consumers across the entire journey expected to drive recurring revenue

Fully Integrated Travel Booking Platform

  • NextTrip has acquired the assets of Bookit.com , a fully integrated booking engine and platform with more than $40 million invested.
  • This foundational technology powers consumer direct, travel agent, groups, alternative lodging and business travel.
  • The platform is embeddable and accessible across all devices, allowing people to save their progress and inspiration on the move.

next trip holdings

Innovative Travel Technology for Licensing

Platform provides opportunity for product expansion and revenue from licensing

next trip holdings

Large Foundational Travel Database

An integrated ecosystem of closed-loop offers, personalized content and expert service

next trip holdings

Dedicated Concierge Team

Focused on building lifetime customers through personalized planning end-to-end traveler assistance

Advancing Travel: Forward R&D at NextTrip

next trip holdings

Your 24/7 AI-Personalized Travel Channel

Content-to-commerce video.

Turn inspiration into action.

next trip holdings

Compass.TV’s FAST is a blend of documentaries, podcasts, and influencer content, AI-curated to match your travel interests. Our content-to-commerce approach is designed to turn inspiration into action, providing a customized exploration experience.

next trip holdings

A Travel-Focused Social Media Platform

A showcase for user-generated content from the community.

next trip holdings

Travel Magazine is a travel-focused social media platform. An attractive mix of user-generated content with community sharing, trip ideas and loyalty rewards for a superior experience, powered by advertising.

next trip holdings

The AI-Powered NextTrip Travel Assistant

Personalized suggestions for your very own bucket list.

next trip holdings

MyBucketList is driven by an AI Travel Assistant to help users build and share their own bucket list with personalized suggestions, booking support, and local insights.

Stock Quote

NASDAQ: NTRP

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Chris Tyson/Larry Holub MZ Group - MZ North America Tel: 949-491-8235 Email: [email protected]   www.mzgroup.us

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  • News for Sigma Labs

Sigma Additive Solutions To Acquire NextTrip Holdings In All-stock Deal Valued At About $50 Mln

(RTTNews) - Quality assurance software firm Sigma Additive Solutions, Inc. (SASI) announced Friday it signed a definitive agreement to acquire travel technology company NextTrip Holdings, Inc.

Sigma will acquire 100% of the capital stock of NextTrip in exchange for shares of Sigma common stock constituting 19.99% of its outstanding common stock plus additional contingent shares of Sigma common stock upon the achievement of post-closing milestone earnouts tied to the business performance of NextTrip.

Assuming all business milestones are achieved, NextTrip will receive a total of 6 million shares of Sigma common stock, resulting in existing Sigma holders retaining, on a pro forma basis, 9.8% of the total outstanding shares.

Based on an analysis by Sigma's financial advisors, NextTrip has an implied enterprise valuation of approximately $50 million.

At closing, NextTrip CEO William Kerby will become CEO of the publicly traded company and NextTrip will have the right to appoint one member to the board of directors.

Additionally, Sigma has signed a definitive asset purchase agreement to sell its in-process quality assurance technology suite of assets, consisting primarily of patents, software code and other intellectual property, to Divergent Technologies, Inc., parent company of the performance automotive company CZV, Inc. assets The transactions are expected to be completed in the fourth quarter of 2023, subject to regulatory and shareholder approvals and other customary closing conditions.

In connection with the transactions, Sigma is expected to change its name to NextTrip, Inc. and to be listed on Nasdaq under a new trading symbol reflecting the NextTrip name.

The transaction was unanimously approved by the board of directors and will provide the opportunity for NextTrip to become a publicly traded company on Nasdaq.

The closing under the Asset Purchase Agreement is expected to occur subsequent to the closing of the acquisition of NextTrip.

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Sigma Additive Solutions To Acquire NextTrip Holdings In All-stock Deal Valued At About $50 Mln

Quality assurance software firm Sigma Additive Solutions, Inc. ( SASI ) announced Friday it signed a definitive agreement to acquire travel technology company NextTrip Holdings, Inc.

Sigma will acquire 100% of the capital stock of NextTrip in exchange for shares of Sigma common stock constituting 19.99% of its outstanding common stock plus additional contingent shares of Sigma common stock upon the achievement of post-closing milestone earnouts tied to the business performance of NextTrip.

Assuming all business milestones are achieved, NextTrip will receive a total of 6 million shares of Sigma common stock, resulting in existing Sigma holders retaining, on a pro forma basis, 9.8% of the total outstanding shares.

Based on an analysis by Sigma's financial advisors, NextTrip has an implied enterprise valuation of approximately $50 million.

At closing, NextTrip CEO William Kerby will become CEO of the publicly traded company and NextTrip will have the right to appoint one member to the board of directors.

Additionally, Sigma has signed a definitive asset purchase agreement to sell its in-process quality assurance technology suite of assets, consisting primarily of patents, software code and other intellectual property, to Divergent Technologies, Inc., parent company of the performance automotive company CZV, Inc. assets The transactions are expected to be completed in the fourth quarter of 2023, subject to regulatory and shareholder approvals and other customary closing conditions.

In connection with the transactions, Sigma is expected to change its name to NextTrip, Inc. and to be listed on Nasdaq under a new trading symbol reflecting the NextTrip name.

The transaction was unanimously approved by the board of directors and will provide the opportunity for NextTrip to become a publicly traded company on Nasdaq.

The closing under the Asset Purchase Agreement is expected to occur subsequent to the closing of the acquisition of NextTrip.

For comments and feedback contact: editorial@rttnews.com

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NextTrip Transaction Terms

  • Pursuant to the terms and conditions of the Agreement, Sigma will acquire 100% of the capital stock of NextTrip in exchange for shares of Sigma common stock constituting 19.99% of its outstanding common stock plus additional contingent shares of Sigma common stock upon the achievement of post-closing milestone earnouts tied to the business performance of NextTrip.
  • Assuming all business milestones are achieved, NextTrip will receive a total of 6 million shares of our common stock, resulting in existing Sigma holders retaining, on a pro forma basis, 9.8% of the total outstanding shares. Based on an analysis by Sigma’s financial advisors, NextTrip has an implied enterprise valuation of approximately $50 million.
  • Following a period of strategic realignment which is tied to certain NextTrip business objectives, NextTrip's potential future initiatives will be focused on driving the company's renewed growth agenda, exploring strategic M&A to drive revenue synergies through the expansion of product and travel consumer offerings, and continuing to invest in the development of innovative technologies to connect travel customers for discovery and booking domestic and international destinations.
  • At closing, NextTrip CEO William Kerby will become CEO of the publicly traded company and NextTrip will have the right to appoint one member to the board of directors.
  • The remaining board seats will continue to be filled by Sigma’s current directors during the realignment period, with NextTrip earning the right to designate additional board members and officers upon reaching business milestones.
  • The transactions are expected to be completed in the fourth quarter of 2023, subject to regulatory and shareholder approvals and other customary closing conditions. In connection with the transactions, Sigma is expected to change its name to NextTrip, Inc. and to be listed on Nasdaq under a new trading symbol reflecting the NextTrip name.
  • Until the NextTrip transaction closes, Sigma Additive Solutions and NextTrip will remain separate, independent companies and will continue to operate as such.
  • Lake Street Capital Markets is acting as the financial advisor to Sigma.

The transaction was unanimously approved by the board of directors and will provide the opportunity for NextTrip to become a publicly traded company on Nasdaq.

Lyndsey North, President of NextTrip, commented, “We are pleased that this process will culminate in a transaction that maximizes value for all shareholders and believe it will allow us to accelerate our strategic growth initiatives as a public company. We continue to roll out key technology developments and are growing our footprint as an innovative travel technology company that specializes in using proprietary technology, analytics, and strategic partnerships to provide specialized travel solutions in leisure, wellness, and business travel. As a public company with access to additional sources of capital, we will be focused on scaling our travel booking engine that, prior to the COVID-19 pandemic, had a 6 million + legacy customer database and generated over $400 million in bookings in 2019. We are positioning NextTrip as a significant player in the travel space, leveraging over 200 direct relationships with blue-chip travel organizations, as well as major industry suppliers for air, hotel and other travel and travel-related services to ensure robust products and an offering of more than 2 million hotels worldwide. We look forward to solidifying our relationship with Sigma as we position NextTrip to be a disruptive force in the industry.”

Divergent Asset Purchase Agreement

The Asset Purchase Agreement with Divergent sets forth the terms pursuant to which we have agreed to sell to Divergent, and Divergent has agreed to purchase from us, certain assets consisting primarily of patents, software code and other intellectual property. In announcing the signing of a definitive agreement with Divergent, Jacob Brunsberg, President and Chief Executive Officer of Sigma commented, “Sigma has found a fitting home for our in-process quality assurance technology, and we are extremely excited to see Divergent build on our foundational work in connection with its DAPS platform. This is a significant step forward for digital manufacturing quality.” The closing under the Asset Purchase Agreement is expected to occur subsequent to the closing of our acquisition of NextTrip.

Lukas Czinger, COO and Co-Founder of Divergent and Czinger Vehicles, said: “This strategic acquisition is of great significance as Divergent deploys DAPS structures across the automotive, aerospace, and defense industries. Sigma’s foundational IP centered on in-process monitoring will be integrated into and expanded on within the Divergent portfolio. The core software will be seamlessly applied to our additive manufacturing module and will further enhance Divergent’s industry leading additive manufacturing quality management system. Ultimately, this acquisition further supports our confidence in supplying structures for safety-critical and mission-critical applications.”

About NextTrip

NextTrip is a technology-driven platform delivering innovative solutions for business and leisure travel. NextTrip Leisure provides individual and group travelers with vacations to the most popular and sought-after destinations in Mexico, the Caribbean and across the world. NextTrip Business is an online corporate travel and expense management solution with a large inventory of travel options and discounted rates. NextTrip Solutions offers travel technologies that make the jobs of alternative lodging property managers, wholesalers, distributors and other travel industry players easier and more efficient. For more information and to book a trip, visit www.NextTrip.com .

About Divergent

Divergent has created the world's first end-to-end software-hardware production system for industrial digital manufacturing – the Divergent Adaptive Production System (DAPS™) – allowing customers to design, additively manufacture, and automatically assemble complex structures for automotive, aerospace, and defense applications. DAPS transforms the economics and environmental impact of manufacturing complex structures for vehicles of all types by optimizing designs, dematerializing structures, and eliminating upfront capex. For more information, please visit www.divergent3d.com .

About Sigma Additive Solutions

Sigma Additive Solutions, Inc. is a provider of in-process quality assurance (IPQA™) solutions to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring and analytics known as PrintRite3D® for 3D metal and polymer advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing process, enabling significant cost-savings and production efficiencies by reducing waste, increasing yield, and shortening cycle times. Sigma believes its software solutions may be a major catalyst for the acceleration and adoption of industrial 3D printing. For more information, please visit www.sigmaadditive.com .

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors, including the certainty and timing of closing the proposed transactions. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are risks relating to, among other things, Sigma’s ability to successfully consummate the acquisition with NextTrip, the risk that the securities of the combined company will not be approved for listing on Nasdaq or if approved, maintain the listing ,the prospective purchase of its intellectual property assets, obtaining shareholder approval of the NextTrip transaction, and other conditions to completion of the acquisition, and completing the acquisition and any related transactions, and, failing that, to satisfy its capital needs through increasing its revenue and obtaining additional financing or implement an possible alternative strategic transaction. Sigma disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact Sigma’s forward-looking statements, please see disclosures contained in Sigma's public filings with the SEC, including the "Risk Factors" in Sigma's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, and which may be viewed at www.sec.gov .

Chris Tyson Executive Vice President MZ Group - MZ North America 949-491-8235 [email protected] www.mzgroup.us

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NextTrip files to sell common stock, warrants

  • NextTrip ( NASDAQ: NTRP ) filed a prospectus related to the offer and sale of common stock, warrants.
  • This preliminary prospectus is not an offer to sell.

More on Sigma Additive Solutions

  • Financial information for Sigma Additive Solutions

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NextTrip Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program

SUNRISE, FL / ACCESSWIRE / April 2, 2024 / NextTrip, Inc. (NASDAQ:NTRP) ("NextTrip", "we," "our," or the "Company"), a travel technology company, has engaged international investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets.

MZ Group will work closely with NextTrip management to develop and implement a comprehensive capital markets strategy designed to increase the Company's visibility throughout the investment community. The campaign will highlight how NextTrip is driving the evolution of the travel industry by merging advanced digital solutions with personalized travel services. The Company is pioneering a fully integrated, personalized experience with the launch of an innovative travel technology platform that is positioning NextTrip to deliver revenue growth, diversification and expanding margins.

MZ has developed a distinguished reputation as a premier resource for institutional investors, brokers, analysts, and private investors and maintains offices worldwide. Chris Tyson , Executive Vice President at MZ North America , along with Directors Larry Holub and Brooks Hamilton , will advise NextTrip 's investor relations team in all facets of investor relations including, but not limited to, the coordination of roadshows and investment conferences across key cities and building brand awareness with financial and social media outlets.

Chris Tyson commented: "We continue to see positive momentum for the travel industry, with historic high records of travelers expected to book hotels, flights and curated vacations in 2024. The expanding global travel market is projected to grow significantly, driven by increasing disposable incomes and the desire for experiences over products. The World Travel & Tourism Council projects that by 2033, travel is set to become a $15.5 trillion industry-accounting for more than 11.6% of the global economy. This represents a 50% increase over its $10 trillion value in 2019, when travel represented 10.4% of the world's gross domestic product. Additionally, there is a growing demand for digital solutions in travel planning and management, representing a substantial market opportunity for NextTrip. Taken together, this creates an exciting opportunity, and we look forward to sharing NextTrip with our network of institutional, family offices and retail investors."

Larry Holub added: "NextTrip is addressing today's travel challenges with an innovative fully integrated travel booking platform. The Company acquired the assets of Bookit.com , a fully integrated booking engine and platform with more than $40 million invested and a large travel database of six million customers that realized over $400 million in pre-pandemic revenue. This foundational technology powers consumer direct, travel agent, groups, alternative lodging and business travel. NextTrip has established partnerships with more than 3 million lodging, air and tour product suppliers and over 2,100 destinations in 200+ countries worldwide. A dedicated concierge team is focused on building lifetime customers through personalized planning and end-to-end traveler assistance. AI is being developed to seamlessly integrate into the customer service experience, bringing tailored engagement while controlling costs. A robust booking engine with merchandising capabilities will drive increased conversions and higher per revenue transactions. The platform allows for white-label offerings and embeddable booking widgets, establishing an opportunity for product expansion and revenue from technology licensing."

"NextTrip offers innovative technology and interactive media solutions that deliver an immersive experience for every traveler," said Bill Kerby , Chief Executive Officer of NextTrip. "We are now just weeks away from the full re-activation and roll-out of our travel booking platform, and the ramp up of marketing to our database of over six million customers. Looking ahead, we are also focused on the launch of an end-to-end content ecosystem that uses AI assisted travel planning while capturing advertising, building brand awareness, rewarding loyalty and driving bookings. This mix of owned and operated channels includes our own Travel Magazine platform housing a unique FAST TV (Free Ad-supported Streaming TV) model - Compass.TV. The environment is designed to translate content into commerce and expected to be supported by some of the top creators in the travel world. We look forward to working with Chris and the entire team at MZ Group to communicate the launch and announcing some of our business milestones in the weeks and months ahead," concluded Kerby.

For more information on NextTrip, please visit www.nexttrip.com . NextTrip's most recent investor presentation and profile can be found here on the new investor relations website at investors.nexttrip.com .

To schedule a conference call with management, please email your request to [email protected] or call Chris Tyson at 949-491-8235.

MZ North America is the US division of MZ Group , a global investor relations leader with over 250 employees and 800 clients across 12 different exchanges. For over 25 years, MZ has implemented award winning investor relations programs and developed a reputation for delivering tangible, measured results via its robust suite of services. MZ's one-stop-shop platform serves management teams at public and private companies, including SPACs and IPOs. The platform leverages strategic financial communications, industry-leading investment community outreach, public relations, financial media, ESG consulting and software, a market intelligence desk, and technology solutions spanning investor relations websites, conference call/webcasting, video production and XBRL/Edgar filing services. MZ maintains a global footprint with professionals located throughout every time zone in North America , and in Taipei and São Paulo. MZ's growth continues to accelerate with innovative products and services for its client base of high-quality companies. For more information, please visit www.mzgroup.us .

About NextTrip

NextTrip (NASDAQ:NTRP) is a technology-driven platform delivering innovative travel booking and travel media solutions. NextTrip Leisure provides individual and group travelers with vacations to the most popular and sought-after destinations in Mexico , the Caribbean and across the world. NextTrip Media platform - Travel Magazine offers a social media platform for viewers to explore, educate and share with friends their "bucket list" travel. Additionally, NextTrip is launching an end-to-end content ecosystem that uses AI assisted travel planning capturing advertising, building brand awareness, rewarding loyalty and driving bookings. For more information and to book a trip, visit www.nexttrip.com .

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors, including continuing risks relating to the recent acquisition of NextTrip. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are risks relating to, among other things, post-closing matters related to the NextTrip acquisition, changes in domestic and foreign business, market, financial, political and legal conditions; unanticipated conditions that could adversely affect the combined company or the expected benefits of the NextTrip acquisition; failure to realize the anticipated benefits thereof; the overall level of consumer demand for NextTrip's products/services; general economic conditions and other factors affecting consumer confidence, preferences, and behavior in the travel industry; disruption and volatility in the global currency, capital, and credit markets; the financial strength of NextTrip's customers; NextTrip's ability to implement its business strategy; changes in governmental regulation, NextTrip's exposure to litigation claims and other loss contingencies; disruptions and other impacts to NextTrip's business, as a result of the COVID-19 pandemic and government actions and restrictive measures implemented in response; stability of consumer demand for NextTrip's products, in light of disease epidemics and health-related concerns such as the COVID-19 pandemic; NextTrip's ability to protect patents, trademarks and other intellectual property rights; any breaches of, or interruptions in, NextTrip's information systems; fluctuations in the price, availability and quality of products as well as foreign currency fluctuations; changes in tax laws and liabilities, tariffs, legal, regulatory, political and economic risks. NextTrip disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise, except as required by applicable law. For additional information regarding risks and uncertainties that could impact NextTrip's forward-looking statements, please see disclosures contained in the Definitive Proxy Statement filed with the SEC on December 1, 2023 and our other filings with the SEC which may be viewed at www.sec.gov .

Chris Tyson Executive Vice President MZ Group - MZ North America 949-491-8235 [email protected] www.mzgroup.us

SOURCE: NextTrip, Inc.

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Next section of Moscow metro Line 11 opens

By Railway Gazette International 2018-02-26T14:55:28+00:00

tn_ru-moscow_metro_line_11__2.jpg

RUSSIA: Moscow Mayor Sergei Sobyanin opened a 10·5 km metro line on February 26. The line from Delovoy Tsentr to Petrovsky Park with five stations will initially be operated as part of Line 11.

Construction started in November 2011. Later this year the line is due to be extended from Petrovsky Park to Nizhnyaya Maslovka. The northeastern section of Line 11 is scheduled to open next year, with completion of the route in 2023.

When completed, Line 11 would form a 69 km ring. This would incorporate the existing 3·3 km line between Kashirskaya and Kakhovskaya. The Delovoy Tsentr – Khoroshyovskaya section would then be operated as a branch, before becoming part of the future of Line 13 in 2025.

  • Urban transport projects

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tn_ru-moscow_metro_line_11__2.jpg

Moscow metro expansion funding announced

2019-12-04T10:25:00Z By Metro Report International

The funding covers several projects, including Line 11. RUSSIA: The Moscow city authorities have announced plans to invest around 700bn roubles in metro projects in 2020-22, with majority of this funding to go towards network expansion. The funding package includes completion of the 69 km circular Line ...

tn_ru-moscow_metro_khovrino_extension_first_train.jpg

Moscow metro reaches Khovrino

2018-01-03T11:10:00Z By Railway Gazette International

RUSSIA: Line 2 of the Moscow metro was extended by 2·9 km on December 31, with the opening of a northern extension from Rechnoy Vokzal to Khovrino. Construction started in 2014, with Stroygazconsulting acting as main contractor. Khovrino station was built by SGK Avtostrada and Mostotryad-114, and is 14 ...

An extension of the western section of Moscow metro Line 8 opened on March 16.

Moscow metro Line 8 extension opens

2017-03-16T14:25:42Z By Railway Gazette International

RUSSIA: Moscow mayor Sergei Sobyanin opened an extension of the western section of metro Line 8 on March 16. The 7·3 km southwestern extension from Park Pobedy to Ramenki adds three stations. Construction of the extension started in April 2013, and test runs commenced on December 30 2016. Already ...

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  • NextTrip Holdings, Inc. cancelled the acquisition of Genesis Growth Tech Acquisition Corp. in a reverse merger transaction from Nomura Securities International, Inc. and Genesis Growth Tech LLC, Eyal Perez and Olivier Plan.

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40 facts about elektrostal.

Lanette Mayes

Written by Lanette Mayes

Modified & Updated: 02 Mar 2024

Jessica Corbett

Reviewed by Jessica Corbett

40-facts-about-elektrostal

Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to captivate you.

This article will provide you with 40 fascinating facts about Elektrostal, giving you a better understanding of why this city is worth exploring. From its origins as an industrial hub to its modern-day charm, we will delve into the various aspects that make Elektrostal a unique and must-visit destination.

So, join us as we uncover the hidden treasures of Elektrostal and discover what makes this city a true gem in the heart of Russia.

Key Takeaways:

  • Elektrostal, known as the “Motor City of Russia,” is a vibrant and growing city with a rich industrial history, offering diverse cultural experiences and a strong commitment to environmental sustainability.
  • With its convenient location near Moscow, Elektrostal provides a picturesque landscape, vibrant nightlife, and a range of recreational activities, making it an ideal destination for residents and visitors alike.

Known as the “Motor City of Russia.”

Elektrostal, a city located in the Moscow Oblast region of Russia, earned the nickname “Motor City” due to its significant involvement in the automotive industry.

Home to the Elektrostal Metallurgical Plant.

Elektrostal is renowned for its metallurgical plant, which has been producing high-quality steel and alloys since its establishment in 1916.

Boasts a rich industrial heritage.

Elektrostal has a long history of industrial development, contributing to the growth and progress of the region.

Founded in 1916.

The city of Elektrostal was founded in 1916 as a result of the construction of the Elektrostal Metallurgical Plant.

Located approximately 50 kilometers east of Moscow.

Elektrostal is situated in close proximity to the Russian capital, making it easily accessible for both residents and visitors.

Known for its vibrant cultural scene.

Elektrostal is home to several cultural institutions, including museums, theaters, and art galleries that showcase the city’s rich artistic heritage.

A popular destination for nature lovers.

Surrounded by picturesque landscapes and forests, Elektrostal offers ample opportunities for outdoor activities such as hiking, camping, and birdwatching.

Hosts the annual Elektrostal City Day celebrations.

Every year, Elektrostal organizes festive events and activities to celebrate its founding, bringing together residents and visitors in a spirit of unity and joy.

Has a population of approximately 160,000 people.

Elektrostal is home to a diverse and vibrant community of around 160,000 residents, contributing to its dynamic atmosphere.

Boasts excellent education facilities.

The city is known for its well-established educational institutions, providing quality education to students of all ages.

A center for scientific research and innovation.

Elektrostal serves as an important hub for scientific research, particularly in the fields of metallurgy, materials science, and engineering.

Surrounded by picturesque lakes.

The city is blessed with numerous beautiful lakes, offering scenic views and recreational opportunities for locals and visitors alike.

Well-connected transportation system.

Elektrostal benefits from an efficient transportation network, including highways, railways, and public transportation options, ensuring convenient travel within and beyond the city.

Famous for its traditional Russian cuisine.

Food enthusiasts can indulge in authentic Russian dishes at numerous restaurants and cafes scattered throughout Elektrostal.

Home to notable architectural landmarks.

Elektrostal boasts impressive architecture, including the Church of the Transfiguration of the Lord and the Elektrostal Palace of Culture.

Offers a wide range of recreational facilities.

Residents and visitors can enjoy various recreational activities, such as sports complexes, swimming pools, and fitness centers, enhancing the overall quality of life.

Provides a high standard of healthcare.

Elektrostal is equipped with modern medical facilities, ensuring residents have access to quality healthcare services.

Home to the Elektrostal History Museum.

The Elektrostal History Museum showcases the city’s fascinating past through exhibitions and displays.

A hub for sports enthusiasts.

Elektrostal is passionate about sports, with numerous stadiums, arenas, and sports clubs offering opportunities for athletes and spectators.

Celebrates diverse cultural festivals.

Throughout the year, Elektrostal hosts a variety of cultural festivals, celebrating different ethnicities, traditions, and art forms.

Electric power played a significant role in its early development.

Elektrostal owes its name and initial growth to the establishment of electric power stations and the utilization of electricity in the industrial sector.

Boasts a thriving economy.

The city’s strong industrial base, coupled with its strategic location near Moscow, has contributed to Elektrostal’s prosperous economic status.

Houses the Elektrostal Drama Theater.

The Elektrostal Drama Theater is a cultural centerpiece, attracting theater enthusiasts from far and wide.

Popular destination for winter sports.

Elektrostal’s proximity to ski resorts and winter sport facilities makes it a favorite destination for skiing, snowboarding, and other winter activities.

Promotes environmental sustainability.

Elektrostal prioritizes environmental protection and sustainability, implementing initiatives to reduce pollution and preserve natural resources.

Home to renowned educational institutions.

Elektrostal is known for its prestigious schools and universities, offering a wide range of academic programs to students.

Committed to cultural preservation.

The city values its cultural heritage and takes active steps to preserve and promote traditional customs, crafts, and arts.

Hosts an annual International Film Festival.

The Elektrostal International Film Festival attracts filmmakers and cinema enthusiasts from around the world, showcasing a diverse range of films.

Encourages entrepreneurship and innovation.

Elektrostal supports aspiring entrepreneurs and fosters a culture of innovation, providing opportunities for startups and business development.

Offers a range of housing options.

Elektrostal provides diverse housing options, including apartments, houses, and residential complexes, catering to different lifestyles and budgets.

Home to notable sports teams.

Elektrostal is proud of its sports legacy, with several successful sports teams competing at regional and national levels.

Boasts a vibrant nightlife scene.

Residents and visitors can enjoy a lively nightlife in Elektrostal, with numerous bars, clubs, and entertainment venues.

Promotes cultural exchange and international relations.

Elektrostal actively engages in international partnerships, cultural exchanges, and diplomatic collaborations to foster global connections.

Surrounded by beautiful nature reserves.

Nearby nature reserves, such as the Barybino Forest and Luchinskoye Lake, offer opportunities for nature enthusiasts to explore and appreciate the region’s biodiversity.

Commemorates historical events.

The city pays tribute to significant historical events through memorials, monuments, and exhibitions, ensuring the preservation of collective memory.

Promotes sports and youth development.

Elektrostal invests in sports infrastructure and programs to encourage youth participation, health, and physical fitness.

Hosts annual cultural and artistic festivals.

Throughout the year, Elektrostal celebrates its cultural diversity through festivals dedicated to music, dance, art, and theater.

Provides a picturesque landscape for photography enthusiasts.

The city’s scenic beauty, architectural landmarks, and natural surroundings make it a paradise for photographers.

Connects to Moscow via a direct train line.

The convenient train connection between Elektrostal and Moscow makes commuting between the two cities effortless.

A city with a bright future.

Elektrostal continues to grow and develop, aiming to become a model city in terms of infrastructure, sustainability, and quality of life for its residents.

In conclusion, Elektrostal is a fascinating city with a rich history and a vibrant present. From its origins as a center of steel production to its modern-day status as a hub for education and industry, Elektrostal has plenty to offer both residents and visitors. With its beautiful parks, cultural attractions, and proximity to Moscow, there is no shortage of things to see and do in this dynamic city. Whether you’re interested in exploring its historical landmarks, enjoying outdoor activities, or immersing yourself in the local culture, Elektrostal has something for everyone. So, next time you find yourself in the Moscow region, don’t miss the opportunity to discover the hidden gems of Elektrostal.

Q: What is the population of Elektrostal?

A: As of the latest data, the population of Elektrostal is approximately XXXX.

Q: How far is Elektrostal from Moscow?

A: Elektrostal is located approximately XX kilometers away from Moscow.

Q: Are there any famous landmarks in Elektrostal?

A: Yes, Elektrostal is home to several notable landmarks, including XXXX and XXXX.

Q: What industries are prominent in Elektrostal?

A: Elektrostal is known for its steel production industry and is also a center for engineering and manufacturing.

Q: Are there any universities or educational institutions in Elektrostal?

A: Yes, Elektrostal is home to XXXX University and several other educational institutions.

Q: What are some popular outdoor activities in Elektrostal?

A: Elektrostal offers several outdoor activities, such as hiking, cycling, and picnicking in its beautiful parks.

Q: Is Elektrostal well-connected in terms of transportation?

A: Yes, Elektrostal has good transportation links, including trains and buses, making it easily accessible from nearby cities.

Q: Are there any annual events or festivals in Elektrostal?

A: Yes, Elektrostal hosts various events and festivals throughout the year, including XXXX and XXXX.

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Our commitment to delivering trustworthy and engaging content is at the heart of what we do. Each fact on our site is contributed by real users like you, bringing a wealth of diverse insights and information. To ensure the highest standards of accuracy and reliability, our dedicated editors meticulously review each submission. This process guarantees that the facts we share are not only fascinating but also credible. Trust in our commitment to quality and authenticity as you explore and learn with us.

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next trip holdings

Norwegian Cruise Line Holdings Reveals Plans for Long Term Fleet Expansion and Enhanced Private Island Development

N orwegian Cruise Line Holdings Ltd. has revealed its vision for the future with an upgraded fleet and enhancements to its private island development. 

The plan includes next-generation vessels for Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises to be built by Fincantieri.

There will be a total of eight state-of-the-art vessels, representing nearly 25,000 additional berths, with new classes of ships for each brand. The decade-long strategy enhances its product offering, guest experiences, and operational infrastructure, supporting the cruise line's sustained leadership in delivering innovative cruise vacations.

Ships are scheduled for delivery between 2026 and 2036 and, following the delivery of four Prima-Plus class ships from 2025 through 2028, Norwegian Cruise Line is expected to take delivery of four approximately 200,000-gross-ton ships, each with a capacity of nearly 5,000 guests, in 2030, 2032, 2034 and 2036. 

Oceania Cruises is scheduled to take delivery of two 86,000-gross-ton ships, each with a capacity of 1,450 guests in 2027 and 2029.

Regent Seven Seas Cruises is scheduled to take delivery of two 77,000-gross-ton ships, each with a capacity of 850 guests, in 2026 and 2029.

Details on the ship experience, including amenities, staterooms, dining, recreational, efficiency, sustainability and other features will be announced in the coming months.

"This strategic new-ship order across all three of our award-winning brands provides for the steady introduction of cutting-edge vessels into our fleet and solidifies our long-term growth. It also allows us to significantly leverage our operating scale, strengthen our commitment to innovation and enhance our ability to offer our guests new products and experiences, all while providing opportunities to enhance the efficiency of our fleet,” said Harry Sommer, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. “We are likewise excited with the addition of a new pier at Great Stirrup Cay to support our increased capacity in the Caribbean and multiple ships to call on the island, enhancing our guest experience and bringing seamless and reliable access to our private island year-round.”

The new plans also call for infrastructure enhancements for Great Stirrup Cay.

New Norwegian Aqua hull

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Returns at trip.com group (nasdaq:tcom) are on the way up.

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So when we looked at Trip.com Group ( NASDAQ:TCOM ) and its trend of ROCE, we really liked what we saw.

Return On Capital Employed (ROCE): What Is It?

Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Trip.com Group, this is the formula:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

0.077 = CN¥11b ÷ (CN¥219b - CN¥72b) (Based on the trailing twelve months to December 2023) .

Thus, Trip.com Group has an ROCE of 7.7%. On its own, that's a low figure but it's around the 9.6% average generated by the Hospitality industry.

View our latest analysis for Trip.com Group

Above you can see how the current ROCE for Trip.com Group compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Trip.com Group for free.

The Trend Of ROCE

Even though ROCE is still low in absolute terms, it's good to see it's heading in the right direction. The data shows that returns on capital have increased substantially over the last five years to 7.7%. Basically the business is earning more per dollar of capital invested and in addition to that, 25% more capital is being employed now too. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed.

What We Can Learn From Trip.com Group's ROCE

In summary, it's great to see that Trip.com Group can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. Investors may not be impressed by the favorable underlying trends yet because over the last five years the stock has only returned 12% to shareholders. So with that in mind, we think the stock deserves further research.

While Trip.com Group looks impressive, no company is worth an infinite price. The intrinsic value infographic for TCOM helps visualize whether it is currently trading for a fair price.

For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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COMMENTS

  1. Investor Relations

    NextTrip is an innovative technology company that is building next generation solutions to power the travel industry. NextTrip Parent, through its subsidiaries, provides travel technology solutions with sales originating in the United States, with a primary emphasis on ALR properties, hotel, air, cruise, and all-inclusive travel packages.

  2. Sigma Additive Solutions Announces Signing of Definitive Agreement for

    The transaction was unanimously approved by the board of directors and will provide the opportunity for NextTrip to become a publicly traded company on Nasdaq.

  3. Sigma Additive Solutions, Inc. Announces Transition to NextTrip, Inc

    Corporate Name Change Reflects Strategic Business Transition Following Acquisition of Travel Technology Company NextTrip Holdings, Inc. NextTrip, Inc. to Begin Trading on the Nasdaq Capital Market ...

  4. Sigma Additive Solutions To Acquire NextTrip Holdings In All-stock Deal

    (RTTNews) - Quality assurance software firm Sigma Additive Solutions, Inc. (SASI) announced Friday it signed a definitive agreement to acquire travel technology company NextTrip Holdings, Inc.

  5. Sigma Additive Solutions Completes Acquisition of Travel Technology

    Sigma Additive Solutions Shareholders Approved Proposals Enabling Acquisition of NextTrip Holdings, Inc. on December 28, 2023 NextTrip Specializes in Using Proprietary Technology, Analytics and ...

  6. Sigma Additive Solutions Completes Acquisition of Travel ...

    Sigma Additive Solutions, Inc. today announced the completion of its acquisition of NextTrip Holdings, Inc., a travel technology company based in Sunrise, Florida, through a previously announced ...

  7. Sigma Additive Solutions To Acquire NextTrip Holdings In All-stock Deal

    Quality assurance software firm Sigma Additive Solutions, Inc. announced Friday it signed a definitive agreement to acquire travel technology company NextTrip Holdings, Inc.Sigma will acquire 100% of the capital stock of NextTrip in exchange for shares of Sigma common stock constituting 19.99% of its outstanding common stock plus additional contingent shares of Sigma common stock upon the ...

  8. Sigma Additive Solutions Announces Signing of Definitive Agreement for

    NextTrip Solutions offers travel technologies that make the jobs of alternative lodging property managers, wholesalers, distributors and other travel industry players easier and more efficient.

  9. Genesis Growth Tech Acquisition Corp. Announces Execution

    The documents filed and to be filed by Genesis with the SEC may be obtained free of charge at the SEC's website at www.sec.gov, or by directing a request to Eyal Perez, Chief Executive Officer ...

  10. Sigma Additive Solutions Completes Acquisition of Travel Technology

    NextTrip recently completed the acquisition and integration of a scalable travel booking engine that, prior to the COVID-19 pandemic, had a 6 million + legacy customer database and generated over $400 million in bookings in 2019. The parties expect that the booking engine acquisition will act as a significant accelerator to the company's business.

  11. Sigma Additive Solutions Completes Acquisition of Travel Technology

    Sigma Additive Solutions Shareholders Approved Proposals Enabling Acquisition of NextTrip Holdings, Inc. on December 28, 2023; NextTrip Specializes in Using Proprietary Technology, Analytics and Strategic Partnerships to Provide Specialized Solutions in Leisure, Wellness and Business Travel

  12. NextTrip Holdings, Inc. Company Profile

    Find company research, competitor information, contact details & financial data for NextTrip Holdings, Inc. of Sunrise, FL. Get the latest business insights from Dun & Bradstreet.

  13. NextTrip Holdings, Inc. entered into a definitive Agreement and Plan of

    NextTrip Holdings, Inc. entered into a definitive Agreement and Plan of Merger to acquire Genesis Growth Tech Acquisition Corp. (NasdaqGM:GGAA) in a reverse merger transaction on May 22, 2023. Existing shareholders of NextTrip will exchange 100% of their equity holdings for equity in the SPAC in connection with the merger. As of the closing ...

  14. NextTrip files to sell common stock, warrants (NASDAQ:NTRP)

    SpringBig Holdings, Inc. AUUD--Auddia Inc. Compare. Trending Analysis. Nvidia's Technical Road To $1,165. 50% Of My Retirement Money Is Invested Here. Understanding Intel's Foundry Situation.

  15. Genesis Growth Tech Acquisition to Bring NextTrip Holdings Public

    -- Genesis Growth Tech Acquisition and travel technology company NextTrip Holdings said late Monday they signed a definitive merger agreement that will result in the latter becoming a publicly...

  16. NextTrip Engages MZ Group to Lead Strategic Investor Relations ...

    The World Travel & Tourism Council projects that by 2033, travel is set to become a $15.5 trillion industry-accounting for more than 11.6% of the global economy.

  17. United Airlines rallies on profit forecast, despite Boeing's

    Shares of United Airlines Holdings Inc. rallied after hours on Tuesday, after the airline forecast a second-quarter profit that was above expectations, helped by strong demand and a rebound in ...

  18. Next section of Moscow metro Line 11 opens

    RUSSIA: Moscow Mayor Sergei Sobyanin opened a 10·5 km metro line on February 26. The line from Delovoy Tsentr to Petrovsky Park with five stations will initially be operated as part of Line 11. Construction started in November 2011. Later this year the line is due to be ...

  19. NextTrip Holdings, Inc. cancelled the acquisition of Genesis Growth

    NextTrip Holdings, Inc. entered into a definitive Agreement and Plan of Merger to acquire Genesis Growth Tech Acquisition Corp. (NasdaqGM:GGAA) in a reverse merger transaction from Nomura Securities International, Inc. and Genesis Growth Tech LLC, Eyal Perez and Olivier Plan for $150 million on May 22, 2023. Existing shareholders of NextTrip ...

  20. Monaker Group Announces Launch of NextTrip Business, the Company's

    WESTON, FL, Jan. 25, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire - Monaker Group, Inc. (NASDAQ: MKGI) ('Monaker' or the 'Company'), a technology solutions company, today announced the ...

  21. United expects stronger quarterly earnings; cuts aircraft delivery

    United Airlines Holdings on Tuesday forecast stronger-than-expected earnings in the current quarter, after reporting a narrower-than-expected loss in the first quarter, on robust demand for travel.

  22. 40 Facts About Elektrostal

    40 Facts About Elektrostal. Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to ...

  23. Norwegian Cruise Line Holdings Reveals Plans for Long Term Fleet ...

    Norwegian Cruise Line Holdings Ltd. has revealed its vision for the future with an upgraded fleet and enhancements to its private island development. The plan includes next-generation vessels for ...

  24. St. Petersburg startup plans second trip to the moon with Texas

    April 09, 2024, 07:35am EDT. St. Petersburg space startup Lonestar Data Holdings has organized a return trip to the moon. The startup is returning to its celestial mission to host data centers on ...

  25. Returns At Trip.com Group (NASDAQ:TCOM) Are On The Way Up

    To calculate this metric for Trip.com Group, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.077 = CN¥11b ÷ ...

  26. Elektrostal to Moscow

    Moscow, Russia. Moscow is the capital and largest city of the Russian Federation. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 million residents within the city limits, over 18.8 million residents in the urban area, and over 21.5 million residents in the metropolitan area.

  27. Moscow to Elektrostal

    Central PPK operates a train from Ploschad Tryokh Vokzalov to Fryazevo 4 times a day. Tickets cost RUB 120 - RUB 170 and the journey takes 44 min. Train operators. Central PPK. Other operators. BlaBlaCar. Taxi from Moscow Central Bus Station to Elektrostal.