Yggdrasil establishes Swedish parent company

(PRESS RELEASE) -- Yggdrasil Gaming is to establish a new parent company and expanded Stockholm office as the provider bolsters its presence in Sweden with a raft of new hires.

The award-winning supplier will initially hire talent in Stockholm for new, experienced graphics teams based in the city.

Meanwhile the new parent company, which sits on top of Yggdrasil's existing corporate structure, will see Yggdrasil further established in Stockholm, one of the world's leading technology cities.

The new office will provide an alternative to anyone who wants to grow their career in an exciting environment.

Yggdrasil Gaming CEO Fredrik Elmqvist said: "We are hugely excited to be establishing a new epicentre for Yggdrasil in Stockholm, the hometown of many of our team and a key centre of igaming excellence, and we will now start recruiting.

"With the maturity and consolidation of the industry in Stockholm, it is now the right time for Yggdrasil to enter the stage and provide something fresh.

"Yggdrasil has been acting as an independent company since inception. Our rapid progress means it is important we create a corporate structure that will enhance our growth potential in the future, and aid our mission of becoming the best games supplier in the industry."