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Sweden’s Embreiser Group has bought a Serbian gaming company

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The Swedish Embreiser Group bought the Serbian video game developer Med Head Games, which increased the number of its acquisitions this year to 13 acquired studies in the field of the gaming industry.
The Serbian studio, which is known for numerous adventures such as Adam Wolf and which is responsible for the spiritual successor of Diablo Games, Pagan Online, will continue to function as an independent, headed by its three founders and over 130 employees, reports the play.co.rs portal.
The Embreser Group published a statement on its website about the biggest wave of its downloads, with a forecast of earnings that will only be brought by new studies. The group expects 13 appropriated studies to bring in between 100 million dollars and 120 million dollrs by March 31, 2022, of which a net profit would be about 50 million dollars.
With this, the list of titles in development that the Embreiser group has significantly increased from the previously published 118, according to the play.co.rs portal, Dnevnik reports.

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