The problematic launch of Cyberpunk 2077 continues to take its toll on CD Projekt. The studio hasn’t become the Public Company of the Year in Poland for the first time in six years.
The ranking of Polish public companies is prepared by the local newspaper Puls Biznesu. Selvita, which provides drug discovery support, won the title of the Public Company of the Year (Giełdowa Spółka Roku).
It’s worth noting that CD Projekt has been leading the ranking for five years before. It also won three categories in 2020: management competencies, innovation, and investor relations.
However, the company fell to 61st place out of 120 companies this time. It managed to stay in the top 10 only in the innovation category, according to Bankier.pl.
Such a falloff is explained by CD Projekt’s shares going down after all the scandals and issues surrounding the release of Cyberpunk 2077. It had a negative impact on the company’s assessment.
Earlier this year, CD Projekt fell victim to a hacker attack that eventually left its developers locked out of their workstations. It’s not to mention that the Cyberpunk 2077 creators are still facing multiple class action lawsuits.
- CD Projekt estimates record revenue for 2020, earning over $560 million
- CD Projekt’s shares drop 13% as company moves to parallel development under its new strategy
- Report: analysts lower CD Projekt valuation to $58, call it “the most hated” studio
- Cyberpunk 2077 senior game designer leaves CD Projekt RED, says it was ‘honor and pleasure’