PlayWay S.A. and partners established a new subsidiary, Garlic Jam S.A., on November 13, 2020, to focus on developing first-person shooter (FPS) games for PC.
Garlic Jam S.A. launched with a share capital of 100,000 PLN, divided into 1,000,000 shares with a nominal value of 0.10 PLN each.
Ownership of the new entity is split between Games Incubator sp. z o.o. (28%), CreativeForge Games S.A. (28%), PlayWay S.A. (24%), and two individual partners (20%).
The studio aims to implement a high-output production model capable of developing two FPS titles simultaneously every year.
This formation reflects a strategic move by the PlayWay capital group to expand its portfolio through specialized satellite studios that utilize the parent company's existing publishing and marketing infrastructure.
PlayWay S.A. announced the formal establishment of a new subsidiary, Garlic Jam S.A., on November 13, 2020. Headquartered in Warsaw, the new entity was formed through a joint investment involving PlayWay S.A., CreativeForge Games S.A., Games Incubator sp. z o.o., and two individual partners. This strategic move expands the PlayWay capital group’s footprint in the Polish game development sector, specifically targeting the production of first-person shooter (FPS) titles for the PC market.
The initial share capital of Garlic Jam S.A. is set at 100,000 PLN, divided into 1,000,000 series A ordinary bearer shares with a nominal value of 0.10 PLN each. The ownership structure is distributed among the founding parties to ensure collaborative oversight. Games Incubator sp. z o.o. and CreativeForge Games S.A. each hold the largest individual stakes at 28% (280,000 shares each). PlayWay S.A. maintains a 24% direct interest (240,000 shares), while the remaining 20% (200,000 shares) is held collectively by the two individual partners.
The operational objective for Garlic Jam S.A. focuses on a high-output development model within the FPS genre. The company intends to manage a production pipeline capable of developing two titles simultaneously on an annual basis. This formation aligns with the broader industry trend of establishing specialized satellite studios to diversify portfolio offerings while leveraging the publishing and marketing infrastructure of a larger parent group. The establishment of the company was conducted in accordance with market disclosure regulations regarding confidential information.
