Flap Congress & Event Management

Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm A.S. is a tourism company that organises congresses and meetings. According to its own profile, the company was founded in 1993 and serves clients under the Flap Tour brand from its head office in Ankara and a branch in Istanbul. Its shares trade on Borsa Istanbul under the ticker FLAP.

Its activities cover the end-to-end planning and management of national and international congresses, official meetings, seminars, product launches, dealer meetings and corporate events. Its events calendar features in particular congresses and training schools in medical fields such as neurology, urology, dermatology and radiology; events are held at destinations such as Antalya, Dalaman, Ankara and Cyprus, as well as at locations abroad such as Sarajevo. Accommodation, transport and incentive trips, along with association management and secretariat services, are also part of the business model.

For congress organisers, income fluctuates from period to period with the events calendar. The scientific meeting budgets of pharmaceutical and medical device companies, the relevant regulations, hotel and flight costs and exchange rates are the main factors shaping margins. Lzzo.com offers an interactive chart and technical indicators for FLAP shares.