Eximtur in Cluj, one of the top three travel agencies on theRomanian market, controlled by the Morariu family, has revised thisyear's budget by 20%, after shareholders had originally announcedthey were expecting a 10% turnover rise against 2008. This couldbring the company's business to around 32 million euros this year,8 million euros less than last year. "We noticed a slight marketrebound in July and August, but results were lower than in thecorresponding period of last year, anyway. We are hoping themarket's decline, and implicitly our own turnover decline, toamount to no more than 20%. We don't expect the market to stabiliseyet, it will probably happen in late 2010 or early 2011," said RaduMorariu, deputy general manager of the travel agency.
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