You are here: Home » International » News » Companies
Business Standard

'Angry Birds' maker Rovio plans to list its shares in Helsinki: Nasdaq

Rovio returned to profit in 2016 on the back of its Angry Birds 3D movie, recovering game sales

Reuters  |  Helsinki 

Angry Birds

Finnish mobile games and animation studio Entertainment Ltd is considering to its in Helsinki, bourse operator said on Tuesday.

did not give further details but said was due to hold a press conference later on Tuesday.

Following years of falling earnings, job cuts and restructuring, returned to profit in 2016 on the back of its 3D movie and recovering game sales.

is 70% owned by Kaj Hed, the uncle of company co-founder Niklas Hed. Other investors include venture firms Accel Partners and Atomico.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Tue, September 05 2017. 11:15 IST