Cie des Alpes: to lose Tignes ski slopes management

(CercleFinance.com) - Compagnie des Alpes, which manages the Tignes ski area via its subsidiary STGM, has taken note of the Tignes Town Council's decision to entrust management of the ski area to a Société Publique Locale (SPL) as from 1 June 2026, when the current Délégation de Service Public (DSP) expires.


Until this date, Compagnie des Alpes will continue to manage the ski area with the same quality of service.

The SPL will take over the 300 STGM employees and the lift installations, in return for compensation estimated at E103m.

Compagnie des Alpes says that it has invested E140m in the resort over the past ten years and is proud to have reduced the resort's carbon footprint by 74% compared with 2018/19.

Compagnie des Alpes recalls that it took over operation of the Tignes ski area in 1989/90 when it was on the verge of bankruptcy.

The group indicates that it will study new investment opportunities after the end of the DSP.


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