In all, Electronic Arts, Ubisoft, Gameloft, Amber Studio and Green Horse Games posted RON1.1 billion revenue from development and testing of PC, console and mobile games. They were the largest companies in the gaming industry in Romania, according to ZF’s calculations based on Finance Ministry data.
Some of the five saw their revenue shrink 2023, such as market leader Electronic Arts, whose revenue decreased by 16% to RON389 million compared with 2022 and Amber Studio, which saw a similar decline to RON180 million in 2023.
The other three posted growth of 8% to 35%. Green Horse Games achieved the highest growth rate, 35%, to RON107 million revenue. Although fifth among the top five, it was the most profitable of them in 2023, making RON50.7 million net profit. Ubisoft and Gameloft were in the black, too, while Electronic Arts and Amber Studio were in the red.
(English version by Loredana Fratila-Cristescu)