Austria Credit Score Online

Tiscover is the subsidiary of the Tyrolean holiday advertising, and one of Austrias first holiday websites in the internet.

Four years ago the provincial government of Tirol decided to sell the website, which offers online bookings for Austrian holidays, but the dot-com bubble bursted and the sale was canceled.

Now should be the right time for a new try to sell Tiscover, but before Tiscover needs a cash injection. Otherwise it wouldn’t be possible to receive an high income of the selling. “Without any cash injection it would be the best to close Tiscover”, even says one tourism insider of Tirol.

The manager of Tiscover thinks different. “Tiscover is doing well”, he says. In 2006 the website made a profit of 242.000 EUR.

The other side of the coin: Tiscover has a deficit carried forward of 4,4 mio EUR, but the capital reserve amounts 9,9 mio EUR. Tiscover has 120 employees and should be sold to a strategic partner.