![]() ![]() “We don’t need to buy companies just to add incremental EBITDA. “We can grow by expanding into new markets and new business lines,” Nikolksy says. He's one of five Russian game makers to leave since sanctions began. ![]() Vladimir Nikolsky created a Russian video game company years ago. More than 80% of its revenue came from outside Russia before the restructuring last year, and now it will no longer be earning any revenue from Russia. My.Games’ main markets are the U.S., Germany and the U.K. Russian tech guys are everywhere, but Russian publishers are mostly all tapped into the U.S. Doing this from Russia was always hard, but now it is next to impossible. The video game developer intends to launch its third season of GameDrive, an accelerator program it co-operates with Google GOOG, later this year. It’s not the only collaboration My.Games has with large Western tech companies. It was developed in collaboration with California-based Obsidian Entertainment in 2017. One of their biggest console games is Skyforge for the X-Box and PlayStation systems. “We are now 100% focused on non-Russian markets,” says Nikolsky, adding that the Amsterdam move was being considered before war broke out in February 2022. ![]()
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