Tuesday, 10 July, 2007
Transmontagne goes bust
It is possible to dismiss the closure of the ski resorts of Abondance and Céüze as isolated incidents. Too small to survive in today’s climate. However news that the Transmontagne group has stopped paying bills has been like a cold July shower for businesses and workers in the Alps. Transmontagne has become a specialist in managing mid-mountain ski domains including the 1968 Olympic resort of Chamrousse as well as Superdévoluy, la Joue du Loup, le Queyras, Pra-Loup, Valfréjus, le Lioran and Bardonecchia. In addition to running ski lifts the group has interests in property and shops and is developing resorts in China and Eastern Europe. However it is best known for running the spectacular Dubaï snowdome.
New Transmontagne apartments at Chamrousse
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