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Nexters’ ‘Hero Wars: Alliance’ Reaches $1.5 Billion Milestone

by THEFUTURE.TEAM

July 26, 2024

Nexters, the international game development company based in Limassol, Cyprus, has recently announced that its flagship mobile game, “Hero Wars: Alliance,” has surpassed $1.5 billion in revenue. This achievement is underpinned by over 150 million downloads across Android and iOS platforms, securing its position as a top contender in the global mobile gaming market.

“Hero Wars: Alliance” has achieved significant success since its launch, consistently ranking within the top tiers of mobile RPG games worldwide. According to AppMagic, the game has attained the #4 spot in the Worldwide Top Free RPG Games rankings and is listed among the Top 20 Grossing RPG Games globally. This impressive performance reflects Nexters’ ability to blend engaging gameplay with effective monetisation strategies, catering to a broad and dedicated user base.

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The game’s success can be attributed to its captivating blend of strategy and role-playing elements, appealing to a diverse audience. Players engage in building and strengthening their teams of heroes, competing in various in-game events, and participating in alliances that foster community and collaboration. This multifaceted approach has helped maintain high user engagement and retention rates, critical factors in the mobile gaming industry’s competitive landscape.

Nexters has also demonstrated adeptness in leveraging partnerships and media coverage to bolster its game’s visibility and reach. The company’s acknowledgement of support from industry media outlets like Mobidictum, PocketGamer.com, Game World Observer, and GamesPress underscores the role of strategic public relations in amplifying their milestones and achievements.

The $1.5 billion revenue mark is not merely a financial achievement but also a testament to the company’s innovative approach and market acumen. It highlights Nexters’ capability to sustain growth and profitability in a highly volatile and competitive market. The success of “Hero Wars: Alliance” positions Nexters as a formidable player in the mobile gaming industry, showcasing its potential for future developments and expansions.

Looking ahead, Nexters is likely to continue capitalising on the momentum generated by “Hero Wars: Alliance.” The company’s focus on enhancing game features, expanding its player base, and exploring new market opportunities will be crucial for maintaining its growth trajectory. As the mobile gaming sector continues to evolve, Nexters’ strategic vision and execution will be key determinants of its long-term success.

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EU Tightens Steel Imports As Overcapacity Hits 721M Tonnes

by THEFUTURE.TEAM

April 14, 2026

Robust Regulatory Framework

Cyprus Presidency of the Council of the EU, together with the European Parliament, reached a provisional agreement on measures addressing global steel overcapacity. The regulation targets trade diversion and excess supply while maintaining compliance with international trade rules. The framework also aims to preserve operational flexibility for downstream industries.

Safeguarding Employment And Environmental Commitments

Global steel overcapacity is projected to reach 721 million tonnes by 2027, compared with EU annual consumption levels. The measures are linked to the protection of around 2.5 million jobs. Policy direction also aligns with EU decarbonisation targets within the industrial sector.

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Enhanced Trade Controls And Supply Chain Traceability

The regulation introduces tariff-free quotas of 18.3 million tonnes annually. Imports exceeding thresholds will be subject to a 50% duty. Measures cover 30 steel product categories and will replace current safeguards expiring on June 30, 2026. A “melt and pour” requirement is included to improve supply chain traceability.

Diversifying Import Sources And Reducing Dependencies

Rules apply to imports from all countries, excluding European Economic Area members, which remain subject to traceability requirements. The framework also reduces reliance on specific external suppliers, including Russia. Michael Damianos, Energy Minister of Cyprus, said the steel sector remains important for economic activity and energy transition. Bernd Lange, Chair of the European Parliament’s INTA Committee, said the measures address trade practices and market conditions.

Looking Ahead

The agreement introduces a revised tariff-rate quota system with import quotas reduced by approximately 47% compared with 2024. Limited carry-over flexibility will apply in the first year. The European Commission will review the measures in subsequent years. Formal adoption by the European Parliament and the Council is expected before implementation on July 1, 2026.