Following up on some of the new elements received at the end of July, discussions with our creditors and partners are scheduled and will take place in the next 15 days to revise the business plan. Following these meetings, the board of directors of Télémorgins-Champoussin SA will be able to present to the shareholders and all interested parties the definitive financial position, with the objective to reach the viability of the company. The modalities regarding how to support the company will be communicated after that.
Despite the difficulties we face, we are working hard to open for the 2017/2018 winter season and count on the unwavering support of everyone.
The board of directors of Télémorgins-Champoussin SA
The consolidation of Telemorgins-Champoussin SA comprises two interrelated stages, which are carried out in parallel:
• Short-term fund-raising
• Short-term fund-raising
These actions are determined by the coordinated vision of the approach of the Swiss lift companies of Portes du Soleil, both in terms of investment and administration.
The model responds to this vision by creating an investment company, primarily in the public sector (municipalities and canton), and an operator, Portes du Soleil Suisse SA, consisting initially of the Swiss ski companies of Portes du Soleil. This organization is an extension of the service contract between Telemorgins -Champoussin SA and Telechrome-Crosets Portes du Soleil SA.
Telemorgins-Champoussin SA remains the owner of its lifts, which are leased to the operator company. The new infrastructure will be financed by the investment company and leased to the operating company.
This organization, built in collaboration with the municipalities and lift companies, confirms the approach of the various Swiss players of the Portes du Soleil. This makes it possible to convert the collected funds and integrate them into a sound and sustainable structure: Portes du Soleil Suisse SA. So the fundraising continues throughout the summer.
Here you can see the business plan (unfortunately only available in the French version):
Telemorgins-Champoussin SA is in advanced negotiation with its main creditors: municipalities, canton and financial institutions. The Board of Directors wishes to reach conclusive agreements to ensure the company’s future and health. Detailed information in french available here.
An additional period of 30 days (until july 31 2017) has been negotiated to reach the 1.8 million mark. Currently, more than 900,000 CHF have already been raised, you can add your support by clicking : SUPPORTING TMC
Télémorgins-Champoussin SA is still waiting for answers from creditors. Once the situation has been clarified, a complete communication will be made via a dedicated website. The aim is to provide clear and precise answers to your many questions.
It will not be possible for Télémorgins-Champoussin SA to open their lifts during the summer of 2017. The Portes du Soleil domain remains accessible from anyy resort of our region.
Discover the new E-Bike "Grand8" loop of the Bikepark Champéry – Morgins ! . For downhill trails, just head to Champéry - Les Crosets - where the shapers have been working hard on the tracks. Enjoy your ride !
Rte de Bas-Vièze 6
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