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Press Release May 29, 2007 Novomatic Baltic States employment tops 1,000 As one of the largest Austrian firms exporting to the Baltic States the Novomatic Group of Companies has now opened a regional headquarters in Riga. The success story of the Novomatic Group of Companies in the Baltic States started in 1992 when founder Prof. Johann F. Graf realized the great potential of the region as a future market. Today the Novomatic Group of Companies is one of the most important Austrian exporters to the Baltics. According to CEO Franz Wohlfahrt the exports of the subsidiary Austrian Gaming Industries GmbH (AGI) in 2006 to Latvia alone exceeded € 20 Millions. Novomatic gaming equipment are absolute top-export products to Latvia and head the foreign trade statistics. According to a survey in the Latvian economy magazine „Kapitals“ the local Baltic subsidiary Alfor SIA ranges right behind the national airline Air Baltic, ranked 18th in the Top-101 ranking of Latvian companies. With 917 staff and 125 electronic casinos Alfor reached a turnover of € 39 Million in 2006. The new regional headquarters near the Riga Airport have been built with an investment of € 5 Million and offer highly modern offices for 100 staff. Wohlfahrt: „With this new reference project we can once more advance our expansion and investment strategy in the Baltic region.” Today the group operates a total number of 4,500 gaming machines in the three Baltic states and in all employs more than 1,000 staff. Constant investments are proof of a long-term commitment and further expansion plans in the region: in Latvia € 39 Million have been invested up to now, in Estonia (with 100 staff) € 7 Million and in Lithuania (with 25 staff) € 8 Million. Novomatic Group of Companies - www.novomatic.com - is an integrated global gaming company that, in addition to its extensive operational activities encompassing casinos, electronic gaming halls and sports betting outlets, specializes in the design, development, manufacturing, distribution and sales of computerized gaming machines and advanced technology products. Contact:
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