[2] Although Buka produces its own games, it is mostly known for acting as a publisher for independent developers and a localizer for AAA companies, such as Valve Corporation, Deep Silver, Ubisoft, Square Enix, Alawar, THQ, and others.

[3] The idea to start a developing company unofficially hatched among Igor Ustinov, Andrey Antonov, Oleg Beloborodov, and Marina Ravun (Kapustina upon marriage) in 1993.

Despite the general belief that the name's origins were connected to the word "bogeyman" ("buka" in Russian), the company repeatedly stated that its name is an acronym of the founders' surnames.

[9] Over the next years, Buka localized a number of globally popular games, including Wizardry 8, Far Cry, Half-Life 2, FlatOut, Supreme Commander, and others.

[19][20] In early 2008, Finam Holdings and the Norum Fund, cumulatively owning the controlling interest of Buka's shares, expressed their intentions to sell the company.

The same year, in July, another Russian video games publisher and developer, the 1C Company, announced the acquisition of Buka Entertainment.

[5] In 2010, together with Alawar (bought the same year by 1C as well), Buka published the third part of a popular casual game series Farm Frenzy.

[27] In the following years, the company expanded its partnerships with international partners, becoming Activision Blizzard's, Nintendo's, and Steam Controller's official distributor in Russia.

[32] In 2018, Buka appeared with its upcoming release of 9 Monkeys of Shaolin at the Game Developers Conference and Gamescom, organized in San Francisco and Cologne respectively.