CD Projekt is Europe's second most valuable games company

CD Projekt is Europe's second most valuable games company

Polish games firm CD Projekt is currently the second biggest most valuable games company in Europe.

At the time of writing, the firm is worth a cool zł37.37bn ($8.98bn) bringing it a close second to French giant Ubisoft €8.36bn ($9.1bn). According to VGC, CD Projekt was briefly worth more than the Assassin's Creed maker. 

Since February, CD Projekt's worth has risen by a whopping 17.6 per cent, likely due to the excitement surrounding the eagerly-anticipated Cyberpunk 2077. That title was initially set for an April launch, but the studio opted to push it back until September at the start of 2020 to add extra polish.

The success of the Witcher Netflix TV shows has helped the company's balance sheets, with the game making $50m between October 2018 and February 2020. CD Projekt's revenue rose by 44 per cent during 2019.

CD Projekt is one of many developers that has moved to working from home since the start of the COVID-19 coronavirus pandemic, with the Polish studio insisting that this won't result in another delay for Cyberpunk 2077. The sci-fi RPG has been submitted to age-ratings boards around the world, with Brazil giving the title an – unsurprising – 18 rating.

If that wasn't enough, the company has a new entry in The Witcher series in the works. This is in an early stage of development and follows CD Projekt coming to a new agreement with the author of the original Witcher books, Andrzej Sapkowski.

PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for, VGC, Games London, The Observer/Guardian and Esquire UK.