Posted Wed, Oct 29, 2008 by Ethec
CCP in the Land of Fire and Crisis
Iceland made world news several weeks ago when its fledgling banking system became one of the first casualties of the recent economic downturn. The land of fire and ice is home to CCP, makers of EVE Online, and Ten Ton Hammer caught up to CEO Hilmar Pétursson to find out what sort of impact this news had on CCP's plans and Fan Fest 2008 in Reykjavik, which is just over a week away.
From Pétursson: "Companies like CCP - now that there are lots of clever people coming out of the financial institutions - are definitely the solution to the crisis within the country. Companies like ours have their revenue abroad and then employ people in Iceland, so it's a positive effect on the import / export ratio. Any nation is looking for companies like CCP with a global revenue base and local cost base."