“Photo Play” touchscreen terminal manufacturer Funworld secured
November 13th, 2007 in Austrian Investors
The game manufacturer of the “Photo Play” touchscreen terminals from the Upper Austrian village of Schörfling is doing better again.
The computer games factory should reach the net income area this year. Last year the situation was quite critical. The company was about to fold.
The hard financial reorganization and the 40 percent access of financial investor Hannes Niederhauser, changed the bad situation into a positive one.
The banks and suppliers agreed to quit 13 mio EUR of their outstanding accounts. Financial investor Niederhauser brought 1,9 mio EUR new money into the company, and the managing board decreased from 10 down to 3 members.
Now the future of the “Photo Play” touchscreen terminal manufacturer Funworld should be secured.

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