Well-known travel agency goes to the wall after 23 years in business

The well-known travel agency Tip Tour announced its bankruptcy on Friday. According to a statement by owner Jozef Barta, the agency has been struggling financially and is unable to settle commitments towards its clients. According to Barta, Tip Tour's clients who are currently on their trips abroad are to be looked after by Allianz - Slovenska Poistovna insurance company, with which the agency has a contract covering the possibility of the agency going bust up to 430,000 euros.