Crytek: We’re not going into bankruptcy
11 Aug 2014   Home » News » Crytek: We’re not g... Share

Crytek: We’re not going into bankruptcy


Speaking with Eurogamer, Crytek CEO Cevat Yerli confirmed that his company won’t be closing up shop any time soon.

“[Going] out of business or bankruptcy, in my mind, was never the case. We have tried to communicate this as much as we can to everybody. But I understand some employees of Crytek have been in other companies under similar situations and they have gone out of business,” Yerli said. “We have a lot of substance in Crytek.”

“Ultimately, with our organization, capitalization, portfolio and technologies we have now laid the foundations for securing Crytek’s future – not just in the short term, but also long term,” Crytek said of their situation in a statement to Games Industry International. “Through this period of speculation, we are thankful for the support and encouragement we’ve received from our community and our partners, and for the contribution all of our staff have made. We remain committed to doing what we are best known for and trying to develop the best interactive experiences and technology possible for everyone who loves gaming.”

Crytek UK recently was pulled from development on Homefront: The Revolution after a myriad of financial difficulties.

Tags Crytek
Steve Wright

Steve Wright

Steve Wright, aka Stevivor: A Canadian-Australian gay gaming geek, freelance journalist, owner of this very site, ice hockey player/fan, beer drinker and tech trainer.