CD Projekt is now the most valuable gaming company in Europe21st May 2020
Polish company CD Projekt has overtaken Ubisoft to become the most valuable gaming business in Europe.
The company’s gaming studio is best known for creating the wildly popular Witcher games, adapted from Andrzej Sapkowski’s novels.
The third entry – Wild Hunt – debuted back in 2015 and is still regarded as the benchmark for fantasy role-playing games (RPGs).
While many games in the genre have since been developed, all failed to capture the magic of the Polish studio’s masterpiece.
CD Projekt is now valued at approximately $8.13 billion and it has overtaken France’s Ubisoft, as per Video Games Chronicles.
This is incredibly impressive considering the gaming branch has but a handful of titles under its belt, compared to other companies in Europe who have developed countless projects.
The company itself also runs the GOG platform. Additionally, Netflix’s adaptation of the Witcher books last year also reignited interest in Wild Hunt.
But perhaps the biggest reason of the Polish company’s recent hype lies in the forthcoming Cyberpunk 2077.
It was originally due earlier this year until COVID-19 forced a delay until September.
Despite this, the upcoming project is one of the most anticipated releases of the entire year for the current-generation consoles.
Given how well received The Witcher 3: Wild Hunt was, many are expecting a tremendous experience with Cyberpunk 2077.
It is worth noting CD Projekt still has quite a ways to go before it can be as valuable as some of the biggest, global gaming companies.
For instance, Nintendo is valued at $53 billion and Activision Blizzard is estimated to be worth $56 billion.
However, both of these have held a foothold in the industry for some time, at least compared to the Polish company.
Many fans will be hoping that with CD Projekt’s continued success, even more world-class video games will be developed.
Interested in reading more CD Projekt Red-related stories? Discover more about how Cyberpunk 2077 was delayed until September.