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1C Entertainment mulls IPO

10:06

Video game producer and developer, 1C Entertainment is mulling IPO on the Warsaw Stock Exchange, the company’s CEO Nikolay Baryshnikov told the ISBnews press agency.

“We want to grow organically - we see great growth potential especially in the games production segment and in specialized services for the video games industry. I do not exclude taking over good studies in Poland and abroad,” Baryshnikov said.

He also announced the development of the studio’s publishing portfolio. "A few weeks ago, we started working with an American studio. We will evaluate each title individually, but if such cooperation proves to be prospective, I would even see the sense of capital investment in a given studio. The joint venture model may also be considered by us,” he added.

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