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The 9th Invest Cyprus International Investment Awards: Nexters

The 9th Invest Cyprus International Investment Awards: Nexters

On September, Wednesday 8, under the auspices of President Nicos Anastasiades, the ceremony for the 9th Invest Cyprus International Investment Awards took place in the lawns of the Presidential Palace, celebrating foreign companies for the investments they made and their contribution to the business world of the country.

Nexters was one of the companies to receive an award. 

Headquartered in Cyprus, Nexters is an international game development company, which strives to introduce the joy of core gaming experience to casual players. Nexters’ story dates back to 2010 when the future friends and founders of the company – Andrey Fadeev and Boris Gertsovskiy – first met. Later, their companies began a partnership, which led to the birth of Nexters in 2014. Two years later, in 2016, a new office was opened in Limassol, Cyprus. That was the year when it released Hero Wars – an action role-playing game which became a blockbuster with dozens of millions of fans around the world.

In 2018, Nexters took a strategic decision to switch its focus to mobile platform and, since then, the company has grown enormously in terms of revenue, players and employees. Thanks to such hit games as Hero Wars, Throne Rush and others, Nexters has reached over 200 million installs worldwide, built a team of more than 600 inspired game creators, and become one of the Top 5 independent mobile game companies in Europe. At the beginning of 2021, the company announced its plans for a listing on the Nasdaq, releasing new games, and consolidating the gaming market through a strategy of mergers and acquisitions.

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