JoWooD combat continues as number of potential investors shrink

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Business

The future of JoWooD Entertainment AG (JoWooD) is uncertain as a previously possible investor made clear it no longer had an interest in pouring their money into the bankrupt computer games developer.Insolvency organiser Helmut Platzgummer said today (Fri) that one company, which was initially keen on investing in the firm, now explained it no longer […]

Loss-making JoWooD seeks investor

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Business

Struggling computer games producer JoWooD Entertainment AG (JoWooD) has started looking for an investor.The Viennese company, which has been quoted on the Vienna Stock Exchange (WBAG) since 2000, said today (Thurs) its operative losses soared by 1.655 million Euros to 14.304 million Euros year on year in the first nine months of 2010.The firm – […]

JoWooD highscore in 2009

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Business

Turnover improved last year for Styrian software and computer game producer JoWooD Entertainment AG, the company reported today (Fri).The firm said its net profit had risen by 50 per cent from 1.005 million Euros in 2008 to 1.504 million Euros in 2009.Earnings before interest and taxes (Ebit) rose by 24.8 per cent year on year […]