SkiStar to operate Andermatt Surselva Sport AG
August 29, 2012 | by Andermatt Swiss Alps AG
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August 29, 2012, Andermatt Surselva Sport AG (ASS) is delighted to report a further milestone in the expansion and modernization of the Andermatt-Sedrun Ski Area. In light of the purchase of a principal stake in Andermatt Gotthard Sportbahnen (AGS) and Sedrun Bergbahnen (SB) Swedish ski area operator SkiStar has been appointed to manage all operations. In the future, Andermatt Surselva Sport AG will be headed by Bo Halvardsson, Technical Director of SkiStar AB.
Andermatt Surselva Sport AG, a 100% subsidiary of Andermatt Swiss Alps AG, is able to present a well- known partner with Swedish operator SkiStar AB concurrent to the ongoing takeover of a principal stake in mountain railway companies AGS and SB. Bo Halvardsson, Technical Director of SkiStar, will head the operations of Andermatt Surselva Sport AG as of September 15, 2012.
The responsibilities of SkiStar include project management of the planned modernization and expansion works, support in technical and commercial matters as well as marketing efforts for the Andermatt- Sedrun ski destination. In a first phase, which ends within a year, co-operation between SkiStar and ASS will be limited to operations. Discussion of a more profound and long- term co-operation is ongoing.
„We are delighted to collaborate with SkiStar“ said Gerhard Niesslein, CEO of Orascom Development Holding AG. Gerhard Niesslein emphasized: „With SkiStar we have a well- experienced partner with sub- stantial know-how next to us“.
In an initial step investments of CHF 130 million are planned. Important components of this investment are the modernization of the ski lifts and the connection of the Andermatt-Oberalp- Sedrun ski areas through new lifts and trails. Along the picturesque slopes between Nätschen- Gütsch and Oberalp snowmaking equipment will ensure an uninterrupted operation throughout the entire winter season. New restaurants and summer season attractions are also planned for the new ski area. Construction is scheduled to commence in 2013.
Media contact:
Andermatt Swiss Alps AG Gotthardstrasse 12 CH-6460 Altdorf Tel: 041 874 17 17 Fax: 041 874 17 07 www.andermatt-swissalps.ch info@andermatt-swissalps.ch
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Source: Andermatt Swiss Alps AG, Press release