Wargaming sold the business in Russia and Belarus

The new owner of the Belarusian JLLC “Game Stream” and the Russian LLC “Lesta” is now Malik Khatazhaev, a Russian businessman and top manager of WG.

The Cypriot company Wargaming sold its shares in the Russian LLC Lesta and the Belarusian JLLC Game Stream, which was one of the first to be noticed by dev.by.

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Wargaming managed to sell the business before the entry into force of the resolution of the Council of Ministers of Belarus, which prohibits shareholders from unfriendly countries from alienating shares in 190 companies. This initiative went into effect on July 1, 2022.

91.8% of Game Stream is now owned by Russian businessman Malik Khatazhaev, the former head of Lest. On June 28, 2022, Khatazhaev also received a 100% stake in Lest.

Wargaming announced its withdrawal from Russia and Belarus in early April 2022. In mid-June, the company announced that it would open offices in Poland and Serbia instead of closed units in these countries.

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