Valle d'Aosta: a new wind for Lift Management Companies

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Aosta Valley

Valle d'Aosta: a new wind for Lift Management Companies

The Management Board of Monterosa Ski SpA has resigned, leaving Finaosta free to appoint a new Board of Directors also in view of the considerable investment that the company is doing to renew the plants.  In the western valley,green light to the merge of Cervino SpA and Cime Bianche SpA and the formation of a new company operating throughout the whole area of the Matterhorn. Fresh money for Chamois Impianti, Spa and Ski Champorcher Sirti SpA Torgnon that have been refinanced.

And yesterday,''by the news of the resignation of Board of Monterosa SpA, after the 2010 budget closed with a loss of 3 million euros and revenues 178mila down. The situation was chaotic for some time, some board members had refused even to vote the budget for the presence of alleged inconsistencies in the expectation that both the expenditure side. A situation that led the leaders of the region to urge the resignation of President Daniel Fassin, in office since 2007. The mayor of Ayas, Giorgio Munari had already resigned last week, the vice president, Walter Squinobal, and other advisers, Alexander and Oscar Rial Girod, respectively mayor and councilor of Gressoney-La-Trinité have left today.
From today Finaosta, regional financial holding of 76 per cent of the capital of Monterosa Ski, will think about the future of men trying to fix their trust accounts and reprogrammed investments and capital increases.

Instead of a few days ago that the Regional Council has mandated the Finaosta to start the procedure once the merger of the Matterhorn Cime Bianche SpA and Valtournenche. ''''We are only just - said the Chairman of the Region, Augustus Rollandin - to implement the program of rationalization of the Val d'Aosta cableway system. It is also working on other buildings that provide for the joint operation of equipment and personnel''''.

The Regional Council has also given away free to the subscription of new share capital of the company cableways Chamois Impianti SpA (90 thousand euros), Torgnon Sirti SpA (164 thousand euros) and lifts the Champorcher SpA (160 thousand euros). The'intervento''''- added Rollandin - aims to recapitalize the companies have closed their financial loss''''. Resolution is also emphasized in the areas of facilities for'importanza turisitche Torgnon, Chamois and Champorcher,''''cableways are considered essential tools to ensure the support and development of local socio-economic, as lead significant benefits for most of the social and economic activities of the affected areas''''.

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