We advised Wargaming, a global video game developer and publisher, on one of the largest office lease transactions in Lithuania this year. Wargaming has signed an agreement to lease a 5,000 m² of office space spread over five floors at the Quadrum Business Centre, in the Quadrum East building.
Wargaming is one of the leaders in the free-to-play massively multiplayer online (MMO) gaming industry, with more than 5,000 employees at multiple offices around the world. The new studio will be the 18th global hub for the company.
New hub for the teams developing World of Tanks Blitz and other projects
Mantas Katinas, General Manager at Wargaming Vilnius, says: “A strong international reputation in the technology industry plays a key role in attracting investments and global professionals from around the world to Vilnius. With a new Wargaming office and huge plans for the future, I’m certain that this city will create a very vibrant ecosystem for the international gaming industry.”
The office in Vilnius will serve as a base for teams handling new projects. It will also house a division of Wargaming MS-1, developer of the World of Tanks Blitz game for smart devices, which has had 140 million downloads globally.
The hub in Vilnius is expected to house several hundred employees within 3-4 years, bringing in new staff and transferring employees from other countries.
Our services and project team
Partner Kęstutis Adamonis and senior associate Lina Barniškienė advised Wargaming on all legal issues related to the transaction.