Ski and Snowboard News

Monday, 13 April, 2009

Massive cash bail-out for Dynastar

Sallanches based Dynastar is to receive a massive cash injection of € 38 million from its owners, Rossignol. A statement from the board of directors claims that Dynastar is losing over € 1 million a week. Despite a good ski season in Europe Rossignol group has been the victim of strategic decisions compounded by the credit crunch.

Posted by davidof at 11:18 AM
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