Novomatic billionaire Johann Graf breaks in part of their fortune

Johann Graf, originator of the Austrian gaming team Novomatic, features decided to give over a 5th of the possessing company Novo Invest GmbH to their son two supervisors. What are the reasons behind that?

Typically the Novomatic user, who is considered as the second most wealthy Austrian following Red Half truths founder Universalschl�ssel Mateschitz, simply recently manufactured headlines if he received a massive dividend of fifty million pounds, while one hundred twenty Novomatic personnel at the Novomatic headquarters inside Gumpoldskirchen have been laid off. The point that Johann Graf did not dedicate any money inside securing typically the employment regarding his personnel led to wonderful criticism in the Austrian information.

Fiscal gifts out of Johann Graf to Tinaja Liebich-Oswald, relative of the leader of the organization board Bernd Oswald, induced further attaque. The via shawls by hoda to Liebich-Oswald are thought to have not recently been the only kinds: Allegedly there was clearly a total involving 160 disposition contracts that had been concluded by simply Graf.

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A “generation change” is imminent

At this moment the 74-year-old Graf is certainly giving up 20% of the entire good fortune, estimated during around 6th. 5 billion dollars euros, to be able to his youngster Thomas Graf and a couple of managers, Birgit Wimmer and even Ryszard Presch, as part of a new “generation change”. Wimmer is likewise the chairwoman of the Switzerland Novo Switzerland AG, an investment corporation of which holds 10 % of Novomatic AG. Jones Graf may be with his father’s company to obtain 30 years and in addition takes on typically the role regarding CEO of this Novomatic additional Greentube.

Consequently important stocks and shares in the patio umbrella company Novo Invest GmbH, which contains 90 per cent of Novomatic AG, head to Graf’s youngster and the a couple he r�gulateur. However , it's not yet apparent how many stocks and shares each person could possibly get. Presch may be managing representative of Novo Invest seeing that 2017 and even Wimmer may be since 2018.

Typically the transfer belonging to the Novomatic explains to you still calls for official affirmation from virtually any authorities and even gaming respective authorities. Graf’s position, which is restricted to that of the particular owner, will not be widened to include various other functions.

Spouse and children tradition inside the Novomatic corporation

Novomatic was founded by simply Johann Graf a few many years ago. All this began throughout 1974 when ever Graf established Brodnik as well as Graf GmbH together with any retailer. Possibly then, Graf’s focus was basically on wagering and so he / she and his organization partner started to import pinball machines out of abroad, which are then controlled in taverns.

Within 1980, Novomatic Automatenhandels GmbH was lastly founded as well as the production associated with gaming devices began. Merely ten years after, Graf was able to have divisions in close to 50 nations around the world, which during the time employed close to 23, 500 people. The particular Grafs company, which at first only centered on the produce of gambling machines, rapidly started working amusement calotte, casinos betting workplaces due to its fast growth.

The inspiration for the multi-million dollar company of which exists currently was lay: Today Novomatic is one of the industry leaders throughout gaming together with develops premium quality casino appliances.

The particular transfer associated with shares is supposed to underline Novomatic’s loved ones orientation.