Cableways Impact Assessment Study - Final Report - saferail.nl
Cableways Impact Assessment Study - Final Report - saferail.nl
Cableways Impact Assessment Study - Final Report - saferail.nl
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Risk & Policy Analysts<br />
3.3.4 <strong>Impact</strong>s on the Structure of the Sector<br />
There have been a number of changes in the structure of the cableways sector, in<br />
particular, the reduction in the number of companies active in the sector and the<br />
emergence of two main players that dominate the market and have become<br />
increasingly integrated into their upstream supply chains. Information in Section 2<br />
shows that around 50 European companies 14 may have been subject to mergers and<br />
acquisitions over the past 40 years or so while over 20 European companies exited the<br />
market. It is not possible to determine what proportion of these were SMEs but it can<br />
be reasonably assumed (and indeed there are some indications to that effect) that<br />
many of these companies were SMEs. Presently, there appear to be around 35<br />
cableway manufacturers in Europe (this includes Norway, Switzerland and Turkey).<br />
The vast majority of which appear to be SMEs and their combined market share<br />
appears to be around 10%.<br />
While these developments at least partially coincided with the entry into force of the<br />
<strong>Cableways</strong> Directive in 2004 and some stakeholders appear to believe that the<br />
Directive contributed to these developments, it is important to note that the onset of<br />
these developments predates the Directive and a number of key bankruptcies, mergers<br />
and acquisitions occurred prior to 2004, including the acquisition of Poma by the<br />
Seeber Group which also owns Leitner (2000) and the merger of Doppelmayr with<br />
Garaventa (2002). As indicated in Section 2, the process of consolidation of the<br />
cableways sector in terms of a reduced number of manufacturers was already under<br />
way when the Directive came into force.<br />
However, literature review and interviews with various stakeholders in the cableways<br />
sector indicates that some stakeholders believe that the Directive may have<br />
contributed to these developments, for instance:<br />
<br />
<br />
<br />
an SME active in the cableways sector suggested that it was easier for larger<br />
companies to absorb the costs of complying with the Directive. Due to these<br />
costs, some companies sold up, went out of business or decided to focus on noncableway<br />
related activities. Overall, there has been a reduction in the number of<br />
companies in the cableways sector;<br />
in Sweden, cableway operators did not have the resources to undertake risk<br />
analysis and had problems doing this on their own; this put large companies at an<br />
advantage as they were able to offer assistance; and<br />
the alignment of the Swiss legislation to the EU <strong>Cableways</strong> legislation has<br />
reportedly introduced more stringent safety requirements. It is possible that this<br />
was one of several factors that may have (to an unknown degree 15 ) contributed to<br />
stagnation in the demand for small cableways and contributed to the sale of the<br />
Swiss company Niederberger to Inauen-Schätti (another Swiss producer) in 2005<br />
(Bergbahnen, nd).<br />
14<br />
15<br />
Please note that this includes Swiss companies.<br />
Consultation further suggested that Swiss companies started adjusting to the new requirements several<br />
years before their entry into force and that the permit process for operators of small cableways became<br />
more demanding and more complex which may also have had some impact on the market.<br />
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