# CD Projekt

> Polish video game company

**Wikidata**: [Q7098994](https://www.wikidata.org/wiki/Q7098994)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/CD_Projekt)  
**Source**: https://4ort.xyz/entity/cd-projekt

## Summary
CD Projekt is a Polish video game company founded in 1994, best known for developing the critically acclaimed *The Witcher* series and *Cyberpunk 2077*. Headquartered in Warsaw, it operates as a public company listed on the Warsaw Stock Exchange and has grown into a major player in the global gaming industry through its subsidiaries, including CD Projekt RED.

## Key Facts
- Founded in May 1994 in Warsaw, Poland.
- Publicly traded on the Warsaw Stock Exchange (WSE).
- Revenue: €2,138,875,000 (as of reported data).
- Employees: 1,079 (2022), 1,292 (2023), and 1,297 (latest figures).
- Subsidiaries: CD Projekt RED (founded 2002), The Molasses Flood (acquired 2021), and Metropolis Software.
- Notable games: *The Witcher* series (2007–present), *Cyberpunk 2077* (2020), *Gwent: The Witcher Card Game* (2018), and *Thronebreaker: The Witcher Tales* (2018).
- Net profit: €1,154,327,000 (reported).
- Total assets: €2,894,478,000 (reported).
- Website: https://www.cdprojekt.com/ (available in multiple languages).

## FAQs
- **What is CD Projekt best known for?** It is renowned for developing *The Witcher* series and *Cyberpunk 2077*, which are among the highest-grossing and most awarded video games of all time.
- **Is CD Projekt a public company?** Yes, it is listed on the Warsaw Stock Exchange, where it trades under the ticker symbol CDR.
- **What subsidiaries does CD Projekt own?** Key subsidiaries include CD Projekt RED (game development), The Molasses Flood (acquired in 2021), and Metropolis Software (a Polish game developer).
- **When was CD Projekt founded?** The company was established in May 1994, initially focusing on CD-ROM distribution before transitioning to game development.
- **How many employees does CD Projekt have?** As of 2022, the company employed 1,079 people, growing to 1,297 in later years, reflecting its expansion in the gaming sector.

## Why It Matters
CD Projekt is a pivotal force in the video game industry, driving innovation in role-playing games (RPGs) through immersive storytelling and expansive open-world design. Its titles, such as *The Witcher 3: Wild Hunt* and *Cyberpunk 2077*, have set benchmarks for quality and player engagement, influencing the broader gaming landscape. As one of Poland’s most successful enterprises, it has elevated the country’s profile in global tech and entertainment, contributing significantly to the growth of the Polish gaming industry.

## Notable For
- Developing *The Witcher* series, which won over 800 awards, including Game of the Year in 2015 for *The Witcher 3: Wild Hunt*.
- Creating *Cyberpunk 2077*, one of the most anticipated and best-selling games of all time, despite its controversial launch.
- Operating CD Projekt RED, a globally recognized studio with offices in Warsaw, Łódź, and abroad.
- Being the first Polish video game company to reach a market capitalization of over $1 billion.
- Advocating for consumer-friendly practices, such as free post-launch content and opposition to digital rights management (DRM) systems.

## Body

### History
CD Projekt was founded in Warsaw, Poland, in May 1994 as a CD-ROM distributor. It shifted focus to video game development in 2002 with the establishment of CD Projekt RED, which began work on *The Witcher* series based on Polish author Andrzej Sapkowski’s novels. The company went public on the Warsaw Stock Exchange in 2011, fueling further growth and acquisitions.

### Subsidiaries
- **CD Projekt RED**: Founded in 2002, this subsidiary is responsible for *The Witcher* series and *Cyberpunk 2077*. Headquartered in Warsaw, it expanded to Łódź and employed 981 people by 2022.
- **The Molasses Flood**: Acquired in 2021, this Boston-based studio developed *Drake Hollow* and collaborated on *Cyberpunk 2077* updates.
- **Metropolis Software**: A Polish game developer acquired by CD Projekt, known for titles like *Alien Shooter*.

### Notable Games
- **The Witcher Series**: Launched in 2007, the action RPG franchise includes *The Witcher 3: Wild Hunt* (2015) and its expansions *Hearts of Stone* and *Blood and Wine*.
- **Cyberpunk 2077**: Released in 2020 after nearly a decade of development, it sold 13 million copies in its first two weeks despite technical issues at launch.
- **Gwent: The Witcher Card Game**: A free-to-play spin-off (2018) based on the in-game card game from *The Witcher 3*.
- **Thronebreaker: The Witcher Tales**: A single-player RPG (2018) set in *The Witcher* universe.

### Financials
- **Revenue**: Reported €2,138,875,000, driven by game sales and digital distribution via platforms like Steam and the Epic Games Store.
- **Market Performance**: Achieved a market capitalization of over $1 billion, making it one of Poland’s most valuable companies.
- **Employees**: Grew from 800 employees in 2018 to 1,297 by 2023, reflecting rapid expansion and investment in game development.

### Corporate Structure
- **Public Listing**: Listed on the Warsaw Stock Exchange since 2011 under the ticker CDR.
- **Headquarters**: Primary offices in Warsaw, with additional studios in Łódź, Poland, and international locations.

### Industry Impact
CD Projekt’s emphasis on single-player, story-driven games has countered industry trends toward live-service models. Its games have also promoted Polish culture globally, adapting Slavic folklore and historical themes into mainstream entertainment. The company’s growth has spurred investment in Poland’s gaming sector, fostering a hub for game development in Central Europe.

## References

1. [Source](https://www.gpw.pl/company-factsheet?isin=PLOPTTC00011)
2. [Source](https://web.archive.org/web/20040617155324/https://www.cdprojekt.com/company.asp?id=g_history)
3. [Source](https://www.cdprojekt.com/en/investors/financial-summary-report/)
4. [Source](https://www.cdprojekt.com/en/wp-content/uploads-en/2020/04/sprawozdanie-fy-2019-en-preview07-small.pdf)
5. [Source](https://cdn.discordapp.com/attachments/737202602969661451/751145347165978775/management-board-report-on-cd-projekt-group-activities-in-h1-2020.pdf)
6. [В CD Projekt работает 1292 человека 43-х национальностей. 2023](https://www.igromania.ru/news/125091/V_CD_Projekt_rabotaet_1292_cheloveka_43-h_nacionalnostey.html)
7. [CD Projekt продолжает увеличивать команду Polaris во вселенной «Ведьмака» — Игромания. 2023](https://www.igromania.ru/news/130043/cd-projekt-nachala-perebros-komand-na-sozdanie-polaris-vo-vselennoj-vedmaka)
8. Google Knowledge Graph
9. [Source](https://www.cdprojekt.com/en/wp-content/uploads-en/2021/04/fy-2020-presentation.pdf)
10. [Consolidated financial statement of the CD PROJEKT Group for 2020](https://www.cdprojekt.com/en/wp-content/uploads-en/2021/04/consolidated-financial-statement-of-the-cd-projekt-group-for-2020.pdf)
11. Video Games Chronicle