Founded in August 1995 by members of demoscene group Future Crew, Remedy Entertainment created its first game, Death Rally, in a team member's basement. The company became a public company in 2017 and moved into a larger office in Espoo in 2018. Remedy opened its second studio in Stockholm in 2022.
The studio has developed notable games including the first two entries in the Max Payne franchise, Alan Wake, Quantum Break, and Control. During the first quarter of 2025, Remedy received back the full publishing and distribution rights for the Control franchise, marking its transition to the self-publishing model. In 2025, revenue grew 17.5% to €59.5 million, with EBITDA of €11.3 million, translating to a 19.1% margin. The company has 387 employees.
Recent Leadership
Jean-Charles Gaudechon will serve as the company's new CEO as of March 1, 2026, replacing interim CEO Markus Mäki. CEO Tero Virtala voluntarily stepped down from the role in October 2025.
Facts compiled by Executive Moves from publicly available news and press releases on 6 June 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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