Hardware Creator And Game Publisher Nacon Files For Insolvency Due To Bigben Financial Problems
Hardware creator and game publisher Nacon has filed for insolvency due to its majority shareholder, Bigben Interactive, defaulting on a €43 million bond repayment. This financial crisis puts Nacon's operations and future at risk, despite the company's plans to continue operations and hold its Nacon Connect showcase. The situation stems from Bigben's inability to secure a credit facility and weak game sales, impacting Nacon as its primary source of income.
- Entities
- Topic: Company Restructuring
- Topic: Insolvency
- Game: Robocop: Unfinished Business
- Game: The Sinking City
- Company: Nacon
- Game: Hell is Us
- Company: Nintendo
- Company: Bigben Interactive
- Game: Styx: Blades of Greed
This article was reported and published by wolfsgamingblog.com. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.