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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Swiss video game producer Miniclip buys Romanian studio

Swiss video game developer Miniclip, controlled by the Chinese group Tencent, has bought a majority stake in Romanian game studio Green Horse Games, a company founded in 2013 by George Lemnaru.

Green Horse Games is the studio behind the Football Rivals game.

Miniclip took over a 65.9% stake while Lemnaru will remain CEO and shareholder (32.5%).

As a result of the transaction, the investment fund Catalyst Romania, which had invested about EUR 500,000 in the company since 2014, sold its 19.6% stake, according to data analyzed by Profit.ro.

In 2019, Green Horse Games had a turnover of about RON 4 million (nearly EUR 0.9 million) and a net profit of RON 267,174 (EUR 57,500), with 15 employees, according to the latest available data.

(Photo courtesy of the company)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Swiss video game producer Miniclip buys Romanian studio

Swiss video game developer Miniclip, controlled by the Chinese group Tencent, has bought a majority stake in Romanian game studio Green Horse Games, a company founded in 2013 by George Lemnaru.

Green Horse Games is the studio behind the Football Rivals game.

Miniclip took over a 65.9% stake while Lemnaru will remain CEO and shareholder (32.5%).

As a result of the transaction, the investment fund Catalyst Romania, which had invested about EUR 500,000 in the company since 2014, sold its 19.6% stake, according to data analyzed by Profit.ro.

In 2019, Green Horse Games had a turnover of about RON 4 million (nearly EUR 0.9 million) and a net profit of RON 267,174 (EUR 57,500), with 15 employees, according to the latest available data.

(Photo courtesy of the company)

andrei@romania-insider.com

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