CD Projekt Surpasses Ubisoft To Become Europe's Most Valuable Game Company

The Polish studio has passed a new milestone as The Witcher 3 celebrates its fifth birthday.

25 Comments

After being valued at $8.13 billion, Polish company CD Projekt have overtaken France's Ubisoft to become the most valuable game company in Europe, Video Games Chronicle reports. While the company's gaming branch, CD Projeckt Red, has only three titles under its belt (not including a handful of spin-off Witcher titles), CD Projekt also runs the GOG distribution platform. This year, a resurgence of interest in The Witcher spurred by the Netflix show, as well as hype for the studio's upcoming game Cyberpunk 2077, have helped push the company's value even higher.

While the numbers are still relatively small compared to gaming behemoths in North America and Japan, with Nintendo valued at $53.73 billion and Activision Blizzard at $56.27 billion, it's still an impressive result for the Witcher developers. Ubisoft could potentially make up ground later this year with the launch of Assassin's Creed Valhalla, as well.

After a number of delays, CD Projekt Red has confirmed that Cyberpunk 2077 is on track for its planned September release date, despite the studio's switch to remote working due to the COVID-19 crisis. CDPR has also confirmed it will be returning to the Witcher universe in the future, though its current focus is entirely on Cyberpunk 2077.

CD Projekt Red's most recent game, The Witcher 3: Wild Hunt, recently celebrated its 5 year anniversary, and still holds an enduring appeal for many gamers.

Please use a html5 video capable browser to watch videos.
This video has an invalid file format.
00:00:00
Sorry, but you can't access this content!
Please enter your date of birth to view this video

By clicking 'enter', you agree to GameSpot's
Terms of Use and Privacy Policy

Now Playing: Why The Witcher 3 Is Still So Important 5 Years Later

$29.47 on Walmart
Buy

GameSpot may get a commission from retail offers.

Got a news tip or want to contact us directly? Email news@gamespot.com

Join the conversation
There are 25 comments about this story