Samuli SyvÃ¤huoko, the co-founder and former managing director of Remedy Entertainment, has established a new development studio in Helsinki titled Recoil Games.
The company currently employs 20 members of staff and is actively recruiting, aiming to boost the number to around 50 in the coming months.
According to a statement, Recoil will specialise in "action games with the scope, feel and ensemble cast of disaster movies" for PC and next-gen consoles.
The studio's first project is already underway following "significant investment funding". It's an original intellectual property for PC, PS3 and Xbox 360, and will be developed using Recoil's in-house Cinegames design technique as well as licensed third-party tools.
SyvÃ¤huoko's former company, Remedy, is best known for producing the hit Max Payne series. He also helped to established Futuremark and Fathammer.
Recoil's other co-founders, which include Jarkko LempiÃ¤nen, Samuli Viikinen and Aki MÃ¤Ã¤ttÃ¤, have previously worked for companies such as Codemasters, EA, Guerrilla Games, Treyarch and Ubisoft.
"Founding a new development studio with a team of industry veterans is an exciting opportunity that has quickly attracted the attention of international game production companies and investors," said SyvÃ¤huoko, who holds the title of studio director at Recoil.
"Our long-term goal is to become a world-class game development company by building original IP game franchises that will reach hit status worldwide."