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Fichtelberg Ski Resort Sale Considered
The city of Oberwiesenthal is considering selling its ski resort to secure funds for modernization. A direct sale or a public tender are the main options.
German
Germany
Germany InvestmentModernizationSaleSki Resort
Liftgesellschaft Oberwiesenthal (Lgo)Fichtelberg Schwebebahn Gmbh (Fsb)City Of OberwiesenthalErzgebirgskreis
Rainer Gläß
- What other property is also being sold, and why?
- The sale includes not only the ski lifts and infrastructure but also the Fichtelberghaus, a hotel on the summit, which is being sold separately by the Erzgebirgskreis due to high investment needs.
- What are the two main options being considered for the sale?
- A direct sale to Liftgesellschaft Oberwiesenthal (LGO), which already operates a chairlift to the Fichtelberg and owns the Fichtelberghaus, is a possibility. Alternatively, a Europe-wide tender could be conducted, offering more control to the city.
- Who is Rainer Gläß and what is his connection to the situation?
- The LGO, owned by Rainer Gläß, has already made an offer. A direct sale would expedite the process (3-4 months) and improve chances of securing funding, unlike a European tender (at least 12 months).
- What is the estimated cost of modernizing the ski resort's infrastructure?
- The sale is being considered due to a need for significant investment in modernizing the outdated ski lifts and snowmaking infrastructure, estimated at around \u20ac21 million.
- Why is the sale of the Fichtelberg ski resort's operating company being considered?
- The city council of Oberwiesenthal will decide on Tuesday whether to sell the municipal operator of the Fichtelberg ski resort. The sale would allow for modernization and improvements to the aging facilities.