12:39 30 March 2019
Artifex Mundi closes selected game projects
Artifex Mundi will close selected game projects and development projects as part of the strategic options review. The affected projects are Demiurg, Insection, Spellblade, Mighty Machines, Bladebastards, and AMClub. The company will write off their value of PLN 8.5 million, Artifex Mundi informed. "The decision to stop work on closed projects was preceded by a re-analysis of their market potential, an assessment of the current progress and an update of the budget for their implementation," the statement said.
In addition, Artifex Mundi decided to write off the value of My Brother Rabbit and Irony Curtain projects for a total amount of PLN 4.6 million. The implementation of projects will be continued. The management also made a revaluation write-down reducing the value of the Bladebound project by PLN 3.9 million.
(PAP)
