Salzburger Festspiele Generates EUR 215 Million Added Value per Year

Published: August 22, 2016; 17:30 · (FriedlNews)

The president of the Salzburg Festival (Salzburger Festspiele), Helga Rabl-Stadler, presented a new study proving the financial significance of the event. According to the study the festival generates added value of EUR 215 million per year in the whole country.

Salzburger Festspiele Generates EUR 215 Million Added Value per Year / Picture: © Flickr

Salzburg claims about EUR 183 million of that sum per year.

The sum translates to securing 3,400 jobs in Austria (2800 in Salzburg), and to EUR 77 million in taxes for the state.

The study is based on a new analysis method.

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