23 year-old sport studio grows sooner than 100s of startups: they’re CD Projekt

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The Financial Times, that estimable enterprise newspaper, have revealed a desk of Europe’s 1000 fastest-growing firms. Pirouetting in amongst the tech startups and Internet media consultancies are Witcher builders CD Projekt, which is a little bit of a shock for a 20-year-old video games developer.

The Witcher III deservedly claims a spot on our record of the best RPGs on PC.

CD Projekt are ranked #66 in the list. From 2012-15, their revenues have grown by a reasonably unbelievable 1,259%. No decimal level – that’s 4 figures. 

It’s additionally vital that CD Projekt are already an even bigger firm than lots of the others within the high 100 – with revenues of virtually €167 million in 2015, solely two firms out of the 65 which grew sooner than them made extra money general. CD Projekt are additionally the one firm within the high 100 to have been based within the ‘90s, so most of their faster-growing rivals are younger, small whippersnappers, with no assure of sustaining that development. For such a long-established firm to be rising as rapidly as a startup is a notable exception to the final rule. 

It’s tempting to chalk this as much as the rampant success of The Witcher III: Wild Hunt – which, it was not too long ago introduced, has raked in $250 million (about €233 million) all by itself. But keep in mind that sport solely launched in 2015 and it has had a reasonably lengthy tail, so at most it’ll have given CD Projekt a spike on the tail finish of the interval when these revenues have been recorded. 

True to their fame as gaming’s good guys, CD Projekt are sharing the wealth. In November final 12 months, they introduced they are going to contribute to a $20 million fund to support innovative indie developers in Poland

CD Projekt are the one video games developer within the high 100 aside from FEO Media, a Swedish cellular studio. They’re ranked #15, with income development of three,419% from their basis in 2012 to 2015 (although, at €13.5 million, their whole income is lower than 10% of CD Projekt’s).