Novomatic announced that it was planning to invest €90 million this year in its headquarters, which is situated in Gumpoldskirchen, Lower Austria. General Director Franz Wohlfahrt said that the money would be spent on research and development as well as on a new administration building to ensure the success of future expansion.
Wohlfahrt revealed that the firm was also planning on creating another 150 permanent jobs for highly-qualified employees, taking the total number at headquarters to 800.
Construction will begin in March and last until the middle of 2009.