Press Release
CYGMA, the Cyprus Game Developers Association, was officially established on December 31, marking a new milestone for the country’s evolving game development ecosystem. The association was founded by Wargaming, Gaijin Entertainment, Owlcat Games, MY.GAMES, Helio Games, and GDCy, all of whom have an established presence in Cyprus.
Together, the founding members bring broad experience across PC, console, mobile, and casual game development, as well as long-term studio operations in international markets. The board also includes GDCy, the largest game development community in Cyprus, whose experience in connecting developers and supporting knowledge-sharing will be used to further strengthen the local ecosystem.
CYGMA’s mission is to support collaboration within the game development community, encourage knowledge-sharing, represent the collective interests of game creators, and help shape a sustainable industry where studios can build, grow, and succeed. A key part of this mission is to highlight Cyprus as a trusted, stable, and inspiring home for game development worldwide.
The association is governed by a board representing its founding members and the broader industry ecosystem. The Board of Directors includes Anton Yudintsev (Gaijin Entertainment), Ilya Karpinskiy (Owlcat Games), Sergey Orlovskiy (Helio Games), Roman Zanin (Wargaming), Elena Grigorian (MY.GAMES), and Andrey Ivashentsev (GDCy), with George Mountis (Chrysostomides & Co LLC) serving as Board Secretary.
CYGMA will operate through specialized committees focused on increasing the international visibility of Cyprus-based game developers, improving the regulatory and legal framework affecting studios, and strengthening collaboration between the game industry and universities to support education, research, and talent development.
In addition, the association aims to support sustainable studio growth by facilitating dialogue and connections between game developers and major gaming platforms, financial institutions, and relevant government bodies, while promoting responsible development practices and adherence to high professional and regulatory standards.
With its formal establishment, CYGMA establishes itself as the unified voice of the game development industry in Cyprus, shaping the conditions for sustainable growth, international cooperation, and the country’s recognition as a trusted home for game development.
