See you in Svanstein - Arctic ...
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See you in Svanstein
Project status • 650 hectares planned area around the Svanstein Resort • Exploitation plan of 32 hectares for commercial activities, hotels, holiday homes and activity areas • Infrastructure completed in the area (roads, electricity, sewage) • Business Sweden, Swedish Agency for economic and Regional Growth and Invest in Norrbotten supports the project to attract foreign investors • Architectural drawings completed to rebuilt the existing main building to a hotel and for the construction of twelve conceptual houses for rental proposal • Development and investment plan developed for 2017-‐2020 and 2020-‐2025 • Professional operator for the Alpine product in place • Reinforced ownership in Svanstein Resort
Objectives
2020
• Svanstein
Resort
are
to
be
profitable
every
season
and
all
year
around
• 150
plots
sold
and
built
at
the
latest
end
of
2020
• 2000
available
beds
in
the
area
in
2020
• New
development
areas
to
be
planned
in
detail
and
ready
for
construction
in
2020
• New
lift
capacity
(chairlift)
placed
in
service
before
the
season
2020/2021
• Svanstein is
a
trademark
as
one
of
Europe
prime
year
around
activity
resorts
• Svanstein has
a
camping
of
high
international
class
with
access
to
activities
around
the
mountain
and
on
the
water
in
all
seasons.
Investment
offer
(All
values
in
Swedish
Kronor)
Planned
investments
2017
Investments
needed
2017 2017
• Svanstein
Resort
AB
has
a
financing
need
of
SEK
Hotel 24
000
000
45
million
to
complete
a
first
step
12
rental
cabins 16
200
000
Snow
capacity 1
000
000
Plan
for
fundraising
Snow Vehicles 1
000
000
• New
equity
by
totally
SEK
25
million
gives
35.7
%
of
Project
administration 3
000 000
shares
• 20
million
bank
loans
and
public
grants.
Total 45
200
000
Financial
plan
Return
of
investment
2017
• The
estimated
net
profit
from
sales
of
plots
and
houses
is
74
million
Swedish
kronor New shares
in
SRAB 25
000
000
Bank
loans 5
200
000
• The
plan
is
to
sell
all
houses
and
plots
within
four
years. Grants 15
000
000
Total 45
200
000
Svanstein Story
Svanstein
Sweden
S
N
Finland
Border
crossing
• First
stop
after
Arctic
Circle
N
crossing
• Torne
River
is
the
actual
border
dividing
Swedish
and
Finnish
Lapland
Svanstein
Sweden
Finland
SBorder
crossing
• First
stop
after
Arctic
Circle
N
crossing
• Torne
River
is
the
actual
border
dividing
Swedish
and
Finnish
Lapland
• Struve
Geodetic
Arc
is
crossing
10
countries
and
on
the
top
of
Pullinki
mountain
marks
one
of
the
locations
Svanstein
Struve
Geodetic
Arc
Consists
of
265
points
in
ten
countries.
The
measurements
were
made
between
1816
and
1855
under
the
supervision
of
the
German-‐born
Sweden
Finland
astronomer
Wilhelm
Struve
(1793–1864)
with
the
purpose
of
determining
the
shape
of
the
earth.
34
of
the
265
points
are
since
July
2005
included
on
the
UNESCO
World
Heritage
List.
Four
of
these
34
points
are
located
in
the
Swedish
part
of
the
Torne
Valley..
SBorder
crossing
• First
stop
after
Arctic
Circle
N
crossing
• Torne
River
is
the
actual
border
dividing
Swedish
and
Finnish
Lapland
• Struve
Geodetic
Arc
is
crossing
10
countries
and
on
the
top
of
Pullinki
mountain
marks
one
of
the
locations
Svanstein
Struve
Geodetic
Arc
Consists
of
265
points
in
ten
countries.
The
1753 measurements
were
made
between
1816
and
1855
under
the
supervision
of
the
German-‐born
Sweden
Finland
Abraham
Steinholz astronomer
Wilhelm
Struve
(1793–1864)
with
the
purpose
of
determining
the
shape
of
the
earth.
34
Sara
Svanberg of
the
265
points
are
since
July
2005
included
on
the
UNESCO
World
Heritage
List.
Four
of
these
34
points
are
located
in
the
Swedish
part
of
the
Torne
Valley..
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