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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Sadif Analytics Prime
Provider: Wright Reports

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Jungfraubahn Holding AG Build V-cableway in Cooperation with Grindelwald-Maennlichen Gondola Cableway

Wednesday, 19 Dec 2012 01:00am EST 

Jungfraubahn Holding AG announced that it has decided to construct a V-cableway with the Grindelwald-Maennlichen Gondola Cableway. Two aerial gondola cableways will travel from one valley station at Grindelwald Grund to Maennlichen and to Eigergletscher. The branch to Eigergletscher, where guests can change to the Jungfrau Railway, will be operated by the Jungfrau Railway Group and the one to Maennlichen by the Grindelwald-Maennlichen Gondola Cableway. At the same time, the Jungfrau Railway Group will replace old rolling stock and purchase new trains for the Wengernalp Railway (WAB) and Jungfrau Railway. The investment of around CHF 160 million planned by the Jungfrau Railway Group will be spread across the years 2013 to 2017. In addition, the Grindelwald-Maennlichen Gondola Cableway will invest approximately CHF 35 million. 

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