Serbian gaming industry generated EUR 175mln in revenue last year

The Serbian Games Association (SGA) said in its annual report that the industry reported a total revenue of 175 million euros in 2023, a 17% increase compared to the year before.

The SGA report said that the number of employees in the Serbian gaming industry had doubled and added that there were no major closures of studios or projects in Serbia.

According to the SGA, games produced in Serbia by 150 companies, studios, and teams have been bought or downloaded over 100 million times. It said that 57 percent of the industry is developing original IP.

The report said that the number of employees working in the Serbian gaming industry increased by 98 percent because a large number of gaming professionals and their families from Russia, Ukraine, and Belarus moved to Serbia last year. “Some of the leading global companies now have their largest representations in Serbia including Wargaming, Playrix, and Sperasoft,” the report said.

The SGA said that there are an estimated 4,300 gaming professionals in Serbia with Belgrade, Novi Sad and Nis as the main development centres adding that the top three areas in terms of employment are programming, artistic professions, and quality control.

This year, 475 new jobs will be created in gaming companies and 28 percent of employees in that industry are now women.

“We are very pleased to see that in an industry that is perceived as masculine employs as many as 28 percent of women. Half of all teams are also led by women, which is a trend that has been going on for years”, said SGA executive manager Kristina Janković Obućina.

The report said that a record number of teams are preparing to apply for local and European funds citing a lack of funding opportunities, high taxes, and complex bureaucratic procedures as the biggest obstacles.

(Biznis i Finansije, 20.04.2024)

This post is also available in: Italiano

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *

scroll to top