Aristocrat Leisure says it has been assisting its Ukraine-based employees and their families relocate, while it has suspended the operation of its mobile games in Russia amid the ongoing crisis.
The company said it has assisted over two-thirds of its 1,000 or so Ukraine-based employees and their families to relocate either internationally or to safer areas in the country.
It has also set up a special task force in Poland to assist staff and families on the ground. “Aristocrat is providing transport, visas and legal help, housing and settling-in assistance for relocated staff,” it said.
“Aristocrat is also making every possible effort to support employees and their families that remain in the country. This includes providing funds, shelter, emergency supplies, and other direct aid. We are also continuing to strongly encourage and support those able to relocate to do so, as quickly as possible.”
The company noted that it does not anticipate a material impact on earnings as a result of the crisis.
“The business is leveraging its broad network of studios and operations across Europe, U.S, and Israel, and its combined global capabilities, to put in place effective mitigations and uphold business continuity. Relocated staff are working remotely, supported by existing Pixel United studios across Europe. A new office will open shortly in Wroclaw, Poland, adding to our existing operations in Poland, and supporting further talent acquisition over time.”
“Unfortunately, operating in Russia is currently not viable and Aristocrat confirms it will suspend operating our mobile games in Russia. Russia has historically contributed approximately 3% of total annualized Pixel United bookings.”
“In respect of our Russia-based employees, we are exploring our strategic options and we will continue to do what we can to support our Russia-based employees.”
“Pixel United is continuing to actively manage and prioritize game content release schedules.
We will continue to closely monitor impacts given the fluid situation, and provide an update at Aristocrat’s half-year financial results in May.”