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Press release -

SkiStar AB: The Swedish Government believes in the tourism industry!

The Swedish Government has today decided to invest SEK 250 million to implement the plans to build a new airport in Sälen. Together with private investments, this project will comprise over SEK one billion.

This decision is extremely important to Sälen/Trysil and the future development potential in that area. We have been excitingly awaiting the decision and are really happy with the outcome. That the Government, with this decision, has demonstrated its support to the Swedish tourism industry and Sweden’s largest area for winter tourism (Sälenfjällen) proves that the Government shares the view of opportunities in the future.

A lot of work is yet to be done to realize “Airport center” and the work is definitively facilitated by the positive decision and the real support that the Government has given the project.

As said previously, this will develop the expansion of the business in the region, where SkiStar is one of many interested parties.

For further information contact:
Mats Årjes, CEO SkiStar AB, phone +46 (0) 280 880 41

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The SkiStar AB (publ) B shares are listed on the Nasdaq OMX Mid Cap Stockholm; the group owns and operates the ski resorts at the alpine skiing destinations Sälen, Åre and Vemdalen in Sweden together with Hemsedal and Trysil in Norway as well as Hammarbybacken in Stockholm. The market share in Sweden amounts to 49%, in Norway 28% and overall in Scandinavia 39%. The group’s core business is alpine skiing with the guests’ experience in focus. The list of other activities includes accommodation agency, ski schools and ski rentals.

Contacts

Press Service (emergency inquiries only)

Press Service (emergency inquiries only)

Press contact +46 10 810 96 26
Linda Morell

Linda Morell

Press contact Head of PR Public Relations +46 76 11 860 02

Memorable mountain experiences at Sälen, Åre, Vemdalen, Hemsedal, Trysil and Hammarbybacken in Stockholm.

SkiStar owns and operates five of the region's largest alpine ski resorts: Sälen (incl. Hammarbybacken i Stockholm), Åre and Vemdalen in Sweden and Hemsedal and Trysil in Norway. SkiStar's vision is to create memorable mountain experiences as the leading holiday operator for Scandinavia.

SkiStar's ski resorts are the perfect destination for those who are active and like to enjoy life to the fullest. Families and friends can enjoy fantastic days on the ski slopes. Many have discovered the joys of downhill skiing, but a holiday on the slopes is the perfect opportunity to exercise, to recharge your batteries and to socialise with friends and family.

Welcome to our ski destinations in Sälen, Åre, Vemdalen, Hemsedal and the city ski slopes of Hammarbybacken in the middle of Stockholm!