European Games Developer Federation moves headquarters to Finland

Finland’s games sector has grown rapidly to become one of the leaders in Europe.

The European Games Developer Federation (EGDF) is moving its headquarters from Sweden to Finland, which has become one of leading countries of the games sector in Europe. The turnover of the Finnish games sector is about to pass the EUR 100 million mark.

According to EGDF, Finland’s games sector grew by 17% a year from 2004 to 2008, which is 4% faster than the global market. Despite the fluctuations of the world economy, Europe’s games sector is expected to grow four times faster than other entertainment industries.

The Finnish Funding Agency for Technology and Innovation has supported the games sector with EUR 20 million during the past decade, with current funding at EUR 5 million per year. Finnish success stories include the Angry Birds mobile game, the virtual world Habbo Hotel and the console game Max Payne.

EGDF represents some 500 studios based in Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxemburg, the Netherlands, Norway, Spain, Sweden, and the United Kingdom, which together employ about 17,000 people. The European computer and video games industry, including distributors and students in game educations, encompasses almost 100,000 individuals.

Sources: Tekniikka&Talous, EGDF