One of the most important cinemas operators in the south-east Europe is entering aggressively on the Romanian market: Cinema City International, based in Netherlands and operating in Poland, Czech Republic, Hungary, Bulgaria and Israel, company listed over a year ago at the stock exchange market in Warsaw [Poland].
The first cinema city multiplex has been launched in Iasi [Iulius Mall, 5 screens, 830 seats] on the 16th November, the next being available in Timisoara starting 30th November and two are being ongoing in Cluj [Iulius Mall] and Baia Mare [Gold Plaza/2.300 mp/8 halls]. The company has announced the opening of another three multiplex cinemas in shopping galleries in Arad, Bistrita and Galati and five in Bucharest, developed by real-estate Globe Trade Center. On the international level, Cinema City has in its portfolio 61 multiplex centers [508 screens], recording incomes of 80, 3 million euros in the first quarter of 2007.
In Romania [european country with lowest number of spectators], most important players are Movieplex Cinema [ subsiadiary of movieplex italy] and Hollywood Multiplex [part of local Media Pro Group, owned by COO CME, Adrian Sarbu]. Also greek operator Odeon [85 screens/ 9,000 seets in greece] anounced an investment of 20 million euro in Cluj [4 multiplex/ 8 screens/ 1,640 de seats]. (more…)