Type
Business expansion
Country
Hungary
Region
Dunantul; Nyugat-Dunantul; Gyor-Moson-Sopron
Location of affected unit(s)
Veszkény
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

350 jobs
Number of planned job creations
Job creation
Announcement Date
16 June 2008
Employment effect (start)
1 January 2009
Foreseen end date

Description

Due to increasing demand, Austria's casino operator and gambling machine maker Novomatic AG is to build a new production hall in Veszkény, in north-western Hungary, at its subsidiary AGI Hungária. The 5,000 square metre plant will be worth HUF 2.5 billion (€10.8 million) and is expected to be completed at the end of 2008. The number of employees in Hungary will thus increase by 200 to 550. AGI Hungária’s production plant in Veszkény produces the cables and wires used in the AGI gaming equipment and delivers its products to all Novomatic manufacturing facilities, national and international. AGI Hungária covers not only the group’s own demand, but produces also for external customers such as the automotive industry.


Sources

  • 16 June 2008: hrportal.hu

Citation

Eurofound (2008), AGI Hungária, Business expansion in Hungary, factsheet number 66878, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66878.