Playing Card Maker Cartamundi Invests $25 Million in Belgian Factory, Adding 150 Jobs
Translated from Dutch, summarized and contextualized by DistantNews.
At a glance
- Playing card and board game producer Cartamundi will invest 25 million euros in its Turnhout, Belgium factory this year.
- The investment is expected to create 150 additional jobs at the facility.
- Globally, Cartamundi plans to invest 100 million euros in 2026, aiming to create around 1,000 jobs worldwide, to keep pace with the growing demand for playing and trading cards.
Cartamundi, a leading producer of playing cards and board games, announced a significant investment of 25 million euros in its home base factory in Turnhout, Belgium. This substantial funding is earmarked for the current year and is projected to generate approximately 150 new jobs within the facility.
The investment in Turnhout is part of a larger global strategy, as Cartamundi aims to invest a total of 100 million euros across its worldwide operations in 2026. This global initiative is expected to create around 1,000 new jobs internationally, reflecting the company's efforts to meet the increasing worldwide demand for playing and trading cards.
We are making this investment to keep pace with the global growth in playing and trading cards.
CEO Stefaan Merckx highlighted that the investment is driven by the need to keep pace with the global growth in the playing and trading card markets. "Our products bring people together," Merckx stated, linking the popularity of these games to a broader societal trend where people seek genuine and positive connections. He suggested that in an era of increasing loneliness, their products offer a valuable way for people to connect.
Cartamundi confirmed that the investment will be financed through the company's own resources, without the need for external loans. The headquarters, research center, and factory in Turnhout will continue to play a crucial role in the company's operations, underscoring Belgium's importance to Cartamundi's global presence.
Our products bring people together.
Originally published by VRT NWS in Dutch. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.