RB 25/2024: Zamknięcie Projektu 8

The executive board of 11 bit studios S.A. announced on 17 December 2024 the termination of its internal game‑development venture, code‑named “Projekt 8.” The decision follows an assessment that the project lacks viable prospects for delivering a satisfactory return on investment. As of 30 September 2024, the project’s book value stood at PLN 48,432,077.90; closing it will necessitate a write‑down of unfinished development work, which will impact the company’s financial results for the current fiscal year. The precise amount of the write‑down will be determined after a comprehensive review of assets generated during the project’s lifecycle.

The shutdown also triggers workforce reductions within the Projekt 8 team, though the scale of these layoffs is not governed by the 2023 Act on Special Rules for Terminating Employment Contracts. The board’s resolution reflects a strategic shift away from projects that no longer align with the company’s profitability targets. The announcement was made by President Przemysław Marszał and Board Member Grzegorz Miechowski, underscoring the board’s commitment to fiscal discipline and resource reallocation. The communication serves as a formal disclosure of the project’s closure, its financial implications, and the associated human‑resource adjustments.