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f13.net  |  f13.net General Forums  |  The Gaming Graveyard  |  MMOG Discussion  |  Eve Online  |  Topic: Economic problems? 0 Members and 1 Guest are viewing this topic.
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Author Topic: Economic problems?  (Read 1536 times)
Slam Master A
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Posts: 20


on: January 27, 2009, 12:06:12 PM

Does anyone know if the economic crisis in Iceland has affected the company that runs Eve?
xorx
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Posts: 52


Reply #1 on: January 27, 2009, 12:09:31 PM

In this article massively.com talk about CCP having to potentially leave Iceland ...

Quote
Despite these economic woes, Hilmar V. Pétursson, the CEO of CCP Games, gave assurances all is well with the company back in October. He's stated that CCP is "well isolated" from the banking crisis, that their holdings and assets were diversified enough (due to partner relationships in different parts of the world) to stave off the ruin that many other Icelandic companies are facing. But there's a potential downside to that diversification: restrictions on access to foreign currencies have gone into effect in Iceland. Specifically -- as it relates to CCP Games -- on foreign investment coming into the country. Are these restrictions enough of a hassle that CCP Games would ever need to leave Iceland?

The Guardian in this article quotes our now infamous Eve Economist:

Quote
On three shiny floors of a former fish factory is CCP, a company best known in computer gaming for Eve Online, which has 300,000 participants all over the world - as many inhabitants as Iceland itself. However, restrictions on access to foreign currency for individuals and businesses and on foreign investment into Iceland are making life difficult. "To make new games, we need foreign investors," says Eyjolfur Gudmundsson, formerly an assistant professor at the University of Akureyri, who supervises Eve's virtual economy. "The present currency restrictions are putting us in a straitjacket. We are in talks with the government, but if we can't let capital in, we might be compelled to leave Iceland, even though this would be against our wishes."
Yoru
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Reply #2 on: January 27, 2009, 03:08:30 PM

Try the search button next time. Thread already in progress.
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