Cinema City amounted investments of some 27 mln Euro in five multiplexes in Romania in 2015

Romanians' appetite for film is constantly increasing, and the number of multiplexes opened in major shopping malls rose in 2015, with the most important cinema operator in the country, Cinema City, having announced investments of some 27 million euros in five new such places, in as many cities in Romania.

2016-02-09 13:14:00

According to a Cinema City press release, new multiplexes were inaugurated last year in Bucharest and Constanta (each also with a 4DX cinema hall), and also in Deva, Drobeta-Turnu Severin and Suceava, with the total investment having neared almost 27 million Euro.

The company plans for 2016 other four openings, in Bucharest, Timisoara, Buzau and Piatra Neamt.
Cinema City, the largest cinema operator in Romania, part of Cineworld Group, the second-largest cinema operator in Europe, holds 22 cinemas and 198 cinema halls countrywide.

Throughout 2015, Cinema City Romania climbed to the 3rd place in the Cineworld network, after the UK and Poland, having surpassed Hungary in terms of number of cinemas and halls, being followed by the Czech Republic, Israel, Bulgaria and Slovakia.

At end-2007, when the company opened the first two multiplexes in Romania (in Iasi and Timisoara respectively), according to official reports Romania had one cinema per 299,000 inhabitants and one big screen per 184,000 people.

Eight years later, answering a constant film market growth in Romania by opening annually new cinemas, Cinema City has added 20 locations to own now 22 multiplexes in Bucharest and nationwide, dominating over half the market.

Cinema City has multiplexes in 16 cities in the country: Bucharest, Arad, Bacau, Baia Mare, Braila, Cluj, Constanta, Deva, Drobeta-Turnu Severin, Iasi, Ploiesti, Pitesti, Suceava, Targu Jiu, Targu Mures and Timisoara. In total, Cinema City operates 22 multiplexes, with 198 halls and 36,289 seats.
Cineworld Group is present in nine countries and owns 219 multiplexes with more than 2,014 halls, of which 28 IMAX halls and 14 4DX halls. The company′s first cinema was opened in 1930 in Haifa, Israel, it extended into Central Europe in 1997, and entered Romania in 2007.