Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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.
Eurofound (2008), AGI Hungária, Business expansion in Hungary, factsheet number 66878, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66878.