The company promises to provide severance pay and support to the maximum extent possible to employees affected by the changes.
The developer of World of Tanks and another multiplayer game, Wargaming, has announced its decision to leave Russia and Belarus.
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Over the past few weeks, Wargaming has carried out a strategic review of business operations around the world. The company has decided that it will not own or operate business in Russia and Belarus and will leave the two countries. Since March 31, the company has transferred its gaming business in Russia and Belarus under the local management of Lesta Studio, which is no longer affiliated with Wargaming. The company will not profit from this process neither today nor in the future. Instead, we expect significant losses as a result of this decision.
We will complete the operational transition as quickly as necessary, while remaining fully compliant with all laws and ensuring the safety and ongoing support of our employees. During the transition period, our products will remain available in Russia and Belarus and will be managed by the new owners.
Wargaming has also started the process of closing its studio in Minsk, Belarus. The company promises to provide severance pay and support to the maximum extent possible to employees affected by the changes.
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Despite the magnitude of this decision, Wargaming "is confident in the future of our business and is committed to providing fans with quality games."
Wargaming announces withdrawal from Russia and Belarus
The developer of the computer game Wargaming has decided to stop its activities in Russia and Belarus, reports the press service of the company. Since March 31, the developer has transferred the game business in both countries to the management of Lesta Studio, which is no longer associated with Wargaming.
“Over the past few weeks, a strategic analysis of business operations around the world has been carried out. The company has decided that it will not own or operate business in Russia and Belarus and will leave the two countries. The press service even reported that Wargaming would not profit from the game business being transferred to Lesta Studio - the company expects significant losses as a result of this decision. The developer has started the process of closing his studio in Minsk.
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“We will complete the operational transition in full compliance with all laws, ensuring the safety and ongoing support of our employees. During the transition period, existing products will remain available in Russia and Belarus and will be managed by the new owners," the statement said. In addition, the company will provide support to employees who will be affected by the planned changes.
Wargaming is registered in Cyprus, but founded by Belarusian businessman Viktor Kisly. In early 2016, Bloomberg estimated the cost of Wargaming at $1.5 billion, and the Sour Agency named Belarus' first dollar billionaire with a fortune of $1 billion. World of Tanks was released in 2009 - this is the company's most popular game. The head office is located in Nicosia, the development center is in Minsk, Kyiv, Moscow, St. Petersburg, Seattle, Chicago, Baltimore, Sydney, Helsinki, Austin and Prague. The company's most famous projects are World of Tanks and World of Warships.
The United States, European Union, United Kingdom and several other countries have imposed large-scale economic sanctions against Russia over the past month due to military operations in Ukraine. Against this backdrop, more than 500 foreign companies, according to Yale University, have announced a complete or temporary halt on the Russian market.
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Wargaming will leave Russia and Belarus - but the game will still be available
Business will be transferred to Studio Lesta St. Petersburg, which is no longer associated with the company.
The gaming company has announced that it will no longer own or operate business in Russia and Belarus and will be leaving both markets.
On March 31, 2022, Wargaming transferred its gaming business in these countries to St. Petersburg, which is no longer affiliated with the company. Together with this studio, Wargaming is specifically working on the World of Warships game.
During the transition period, the company's products will be available in Russia and Belarus and will be managed by the new owners. How long it will last, the company did not specify.
Also, Wargaming has started closing its Minsk studio. The company promises to provide "maximum possible compensation" and support to employees.
The headquarters of Wargaming is located in Cyprus, in Minsk the company has the largest office - for 2020 it employs about 2,000 people. PerThe company is one of the largest publishers and developers of games, including World of Tanks and World of Warships.
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