Zaui Financial Restructure in Norway

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February 7, 2023

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Zaui Group, a provider of software solutions for the travel and leisure industry, has announced a financial restructure in Norway aimed at improving long-term stability and growth.

As a result of the financial restructure, which included a default of the holding company Zaui Group, and a challenging business environment through- and post-Covid, Zaui is now in a better position than ever, both with regards to team, customers, product and financial resilience.

“Our goal has always been to provide our customers with the best possible solutions to meet their unique business needs,” said CEO Kaspar Fjetland Højvig. “The financial restructure, and the strong support from our new investor group bringing in fresh capital, will allow us to invest in the people, technology, and resources necessary to drive continued growth and success.”

Despite the current market conditions, the company remains confident in its future prospects and is committed to delivering exceptional customer service and product quality.

All the company’s products, including Ride, Do, Stay and GoTo have been and will continue completely uninterrupted by the restructure.

“We appreciate the continued support of our customers, partners and new investors and believe that the measures we are taking will allow us to emerge stronger and more competitive,” said Kaspar Fjetland Højvig. “We are committed to providing the best possible solutions and support to our customers, now and in the future.”

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