Share Is Wargaming Still Russian?

Wargaming, the company behind popular titles like World of Tanks, World of Warships, and World of Warplanes, is headquartered in Nicosia, Cyprus.

While Wargaming has a history deeply rooted in Belarus, the company itself is now a global entity. In 2011, Wargaming restructured its operations and moved its headquarters to Cyprus. This shift was largely a business decision, driven by factors like tax incentives and a favorable regulatory environment for the gaming industry.

It’s important to understand that despite the headquarters move, Wargaming maintains a significant presence in Belarus, where it still has development studios and employees. However, the company’s ownership structure and leadership have become increasingly international.

Here’s a helpful breakdown:

Headquarters: Cyprus
Major Development Studios: Belarus, Russia, Ukraine, Czech Republic, and others.
Ownership: A complex web of investors, including private equity firms and individual shareholders.

It’s safe to say that Wargaming is a truly global company with a diverse workforce and a wide international footprint. While its roots are firmly planted in Belarus and Russia, the company is now a multinational entity with a strong presence in many other countries.