Cableways Impact Assessment Study - Final Report - saferail.nl

IA Study Concerning the Revision of the Cableways Directive
As can be seen from Figure 2.10, the annual turnover of the Doppelmayr-Garaventa
group increased steadily from 2001/2002 peaking at €680m in the year 2007/2008
before decreasing in 2008/2009 and 2009/2010. This is consistent with the global
economic crisis which occurred during these years and to the decrease in demand,
particularly from the Alps region.
Figure 2.10: Annual Turnover of the Doppelmayr-Garaventa from 2000/2001 to 2010/2011-
based on Doppelmayr-Garaventa Press Releases (See http://www.doppelmayr.com/en/doppelmayrinternational/press/press-releases.html?country=all)
Value Added of Cableways Operation
The cableways industry in Austria employs some 14,000 people across 254 operating
companies and in 2007/2008 had an annual turnover of €1.14bn (BMVIT, nd). In
addition, investment in cableways construction (€557 million) creates opportunities
for construction companies.
For Switzerland, the operation of cableways generates in excess of around €830
million per year 10 and employs over 9,500 people (Remontées Mécaniques Suisses,
nd).
The operation of cableways is also central to many countries’ tourist industries and is
thus responsible for generating value that is not directly linked to its manufacture,
construction and operation. Austria’s cableway sector has evolved into an essential
feature of the country’s winter tourism industry which accounts for 4.1% of the
country’s economy (and is thus comparable with banking and insurance), sustains
250,000 jobs and generates about €1.8 trillion in taxes and social security payments
per year (BMVIT, nd). The income multiplier of the cableways operation sector is
6.6, i.e. for every €1,000 in wages, salaries and profits, which are associated with the
10
CHF 1 billion, converted at April 2012 rate using www.oanda.com
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