Game developer

Romanian game developer Amber announces 56% increase in revenue in 2021

BUCHAREST (Romania), May 4 (SeeNews) – Romanian game developer Amber recorded a 56% increase in revenue in 2021, to $30.5 million (€28.98 million), the entire amount having been generated overseas, primarily in the United States, the company said.

Game development accounted for 70% of revenue, the company said in a press release Tuesday.

The remaining 30% was generated by development support services, such as quality assurance, customer support, and localization.

“We exceeded our revenue estimates for 2021 by 10% and closed the year with the highest revenue ever recorded by an independent game studio in Romania,” said Amber CEO Jaime Gine.

In September, Amber said it was aiming for a 36% increase in revenue in 2021, to $28 million.

“We expect our growth to accelerate in 2022 to meet the growing demand for Amber’s services,” Gine added.

In 2021, Amber has worked on the development of over ten mobile, PC and console games.

In 2022, the company plans to maintain its pace of growth, aiming to expand its international team with 100 employees. Amber currently employs 1,000 people.

Amber is a Bucharest-based game development company, which was founded in 2013. It offers comprehensive product delivery, co-development, platform conversion and support services. Amber’s partners include Amazon, Disney, NBC Universal, Paradox Interactive, among others.

Besides its headquarters in Bucharest, Amber has offices in Botosani, San Francisco, Los Angeles, Montreal and Kyiv.

Based on data provided by the Ministry of Finance, Amber recorded a profit of 8.62 million lei (1.8 million dollars/1.74 million euros) in 2020, on a turnover of 17.4 million lei.

(1 euro = 4.94 Romanian lei)