The takeover of the ski resort on the Fichtelberg, including the historic suspension railroad, by a private investor is set to clear the final hurdle next week. On Tuesday, the town council will decide on the sale of the Fichtelberg Suspension Lift (FSB) to the Oberwiesenthal Lift Company (LGO). It is the second lift operator in Saxony's largest alpine ski area. An external expert opinion has set the purchase price at 10.4 million euros, as stated in the city's draft resolution.
Most of the lifts on the slope are considered outdated, meaning that considerable investment is required. There are already plans to build a new lift on the Himmelsleiter. However, this will require a two-digit million sum. Against this backdrop, the city council voted in November in favor of an unconditional sale of the municipal Fichtelberg Schwebebahn GmbH to LGO. However, the exact value still had to be determined before a final decision could be made.
Historic suspension railroad also a popular excursion destination in summer
The FSB is considered the silverware of the nationally renowned spa town. This also includes the 100-year-old historic suspension railroad. It also takes day trippers and tourists up to the summit in the summer months.
The LGO is backed by the ski-mad Gläß family, who already run the hotel on the summit of the 1,215-metre-high mountain. They have made a fortune with a software company.
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