Annual Review 2008 - Hyposwiss Privatbank AG

A bright new beginning
Goldau was always afflicted by rockslides. It is hardly surprising,
therefore, to learn that the town’s name is derived not from
the precious metal gold but from the Celtic expression “golet”,
which more or less means “debris”. In recent decades, on the
rockslide’s vast debris fields, the region of Arth-Goldau has
grown into an important hub of activity. Each year, the inhabitants
take great pride in celebrating their local traditions. The
“Rigi Mountain Run” has developed into a challenging and internationally
renowned race across its steep terrain. And for
200 years now, cultural enthusiasts have enjoyed the area’s small
but much loved theatre performances. Meanwhile, the economy
has prospered through local craftsmanship and trade as well as
retail businesses and farming.