COMPAGNIE DES ALPES (EPA:CDA) - CDA // The Turkish ski federation and Compagnie des Alpes sign a contract for the assessment of Turkey's

Transparency directive : regulatory news

22/02/2017 10:30

Press Release

  THE TURKISH SKI FEDERATION AND COMPAGNIE DES ALPES SIGN A CONTRACT FOR THE
   ASSESSMENT OF TURKEY'S "SKI" POTENTIAL AND THE IDENTIFICATION OF THE MOST
                                PROMISING SITES

Paris, 22 February 2017 - The Turkish Ski Federation (TKF) and Compagnie des
Alpes, through its subsidiary CDA Management, today signed in Istanbul a
contract for the identification of the most promising sites for the development
of international standard ski resorts in Turkey.

THE CONTRACT CONFIRMS CDA'S STRENGTHS

The signing comes at the end of a call to tender organised by the TKF with
several front - ranking mountain master planning companies. CDA won the call to
tender by highlighting its strengths and major points of differentiation:
- An international team comprising CDA's best experts and a number of Turkish
  and foreign specialists, including Cenk Demiroglu (a researcher specialising
  in environmental and snow issues in the Turkish mountains) and Laurent Vanat
(a Swiss expert of the ski industry and its drivers). CDA will be assisted
  in this large-scale survey work by the Geode engineering office.
- A clear and demanding working method, refusing standardisation and placing
  great importance on realities on the field, the effects of global warming,
  the search to make the future stations sit well in their socioeconomic
  environment, the development of activities other than skiing and the
  enhancement of the unique nature of each site.
- International expertise built on development and operations dating back 25
  years in France, covering 11 of the country's most prestigious ski resorts
  recognised for the quality of their ski area, the attention paid to visitor
  satisfaction and safety, and their profitability.
- The great similarity between the ambitions currently displayed by the TKF for
  Turkey and the history of skiing in France, and above all the French "snow
  plan", a 1964 programme that enabled a powerful and profitable ski industry
  to take shape the French mountains, where CDA has its roots.

A SUPERB PROJECT FOR THE CDA TEAM

The signing of the agreement symbolises a shared vision and the great
confidence consolidated over recent months through multiple exchanges in both
Turkey and the French Alps.

Turkey has the potential to develop a robust and recognised ski industry, with
the existence of a skiing culture and the organisation of major sporting events
( Erzurum 2011, etc.), a mountainous and high- altitude landscape offering
outstanding development potential and the muted development of skiing to date
(only 1% of the population skis regularly today), offering substantial scope
for growth.

This first contract will include very substantial multi-criteria mapping work
and the visit of pre-selected sites covering all Turkish mountain ranges. It is
a major assignment in a country where mountains cover 60% of the landscape,
which is a first for C DA.

Compagnie des Alpes is therefore very proud of this partnership and to be
deploying the full range of its expertise as world leader in the service of a
great mountain country.

THE PARTNERSHIP WILL DEEPEN OVER TIME

This first contract opens the door to multiple forms of collaboration between
CDA and the TKF. Sector requirements are substantial in Turkey, particularly in
terms of the standardisation and optimisation of operational processes and
training for the various functions involved in the proper running of a modern
ski area.

Thanks to its experience in the management of innovative, safe and profitable
ski areas and high-altitude sites open all year round, CDA is well placed to
contribute in the coming years to the growth of skiing and mountain tourism in
Turkey, in the form of assistance or direct management of the most promising
sites.

Since it was founded in 1989, Compagnie des Alpes has established itself as an
uncontested global leader in the leisure industry. At the helm of 11 of the
world's most prestigious ski resorts (Tignes, Val d'Isère, Les Arcs, La
Plagne, Les Menuires, Les 2Alpes, Méribel, Serre- Chevalier, etc.) and 13
renowned leisure destinations (Parc Astérix, Grévin, Walibi, Futuroscope,
etc.), the company is steadily expanding in Europe (France, the Netherlands,
Belgium, Germany, etc.) and, more recently, at the international level (Grévin
Montréal in 2013, Grévin Prague in 2014, Grévin Seoul in 2015, Chaplin's
World by Grévin in April 2016 and engineering and management assistance
contracts (Russia, Morocco, Japan)). CDA also owns stakes in 4 ski areas,
including Chamonix.

During its financial year ended 30 September 2016, Compagnie des Alpes welcomed
nearly 22.5 million visitors and generated consolidated sales of EUR720.2
million. In its ski areas activity, it registered sales of EUR410 million on a
volume of nearly 14 million skier days.

With 4,700 employees, Compagnie des Alpes works with its partners to build
projects that generate unique experiences, the opposite of a standardised
concept. Exceptional leisure activities for everyone.

www.compagniedesalpes.fr

                      Compagnie des Alpes press contacts:
    Sandra PICARD - +33.1 46 84 88 53 - sandra.picard@compagniedesalpes.fr
          Xavier YVON - +33.6 88 29 72 37- xavier. y@tmarkoagency.com

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