News


Angry Birds company set to migrate to Ireland says CEO

Tax advantage spurs Rovio to probably move from Finland


Rovio CEO Mikael Hed
Rovio, the company behind Angry Birds, will likely move its headquarters from Finland to Dublin, says CEO Mikael Hed.
Photo by Google Images

Guinness PubFinder Ad

Angry Birds the massively successful cell phone game will likely move their world headquarters to Dublin from Finland the company Chief Executive has stated.

The game has been downloaded by over a billion people last year and the Rovio group is anxious to capitalize on Ireland’s low tax rate, 12.5 percent compared to Finland’s 24 percent says CEO Mikael Hed.

He told the Irish Times that Rovio employs 400 people in Finland and that Ireland could also end up manufacturing the game and other new games they have created.

“The Irish authorities have been very active and we have been promoting that. We are considering it. It is something that we need to look at. For now we have stayed in Finland. But it is on top of our minds.”

“If we did make that decision then it would be a natural thing to do to have some production [in Ireland] also.”

British leader David Cameron, Angelina Jolie, Justin Bieber and Conan O’Brien are known to be Angry Birds fans and play the game regularly
Rovio’s turnover grew to $100 million from just $2 million two years ago.

Rovio is also influenced by the fact that major giants such as Google and Facebook are already located in Ireland to take advantage of the tax regime there.

A movie may also be in the works.

“We have an aspiration to have an Angry Birds film made, but we don’t have anything to announce,” said the CEO.
 


Nster.com


7 Comments

See all comments

This should be a lesson for politicos in other lands (say USA with a Federal rate of 34% state levies of up to 10% more). The working, creative folk are mobile these days, loyalty is one thing, but being bled todeath is another all together.
@Murph46: Tell us what you wrote and reveal something positive about yourself.
Not only am I well read,I'm an author myself now what LoyalCurmudgeon are you as well?
@Murph46: The Irish people ......... Maybe you should read the Irish Constitution ........... Its obvious that you have never read the American Constitution............ Have you read any rule books?
Ha! Ha! I rushed to read this, because I thought it might be a sigh of the end of the world -- angry birds moving to Ireland.
And who would be holding them accountable LoyalCurmudgeon ,You?
Maybe they should read up on Irish Law first and discover how opinions in law could leave them vulnerable to taxes at a later date.........They will be held accountable for every tax break they get that is illegal.
 




Log into IrishCentral with your Facebook account


or sign-in directly

E-Mail:
Password:
 Remember me Forgot my password
Not a member? Register Now!
print this article Print
email this articleE-mail