 | |
| Company type | Subsidiary |
|---|---|
| Industry | Entertainment and media |
| Founded | 1929 |
| Founder | Moshe Greidinger (senior) |
| Headquarters | , |
Area served | Central and Eastern Europe, Israel |
Key people | Mooky Greidinger (CEO) |
| Services | Movie theaters |
| Revenue | €267.45 million (2011)[1] |
| €24.72 million (2011)[1] | |
| €21.37 million (2011)[1] | |
| Total assets | €340.24 million (2011)[1] |
| Total equity | €229.30 million (2011)[1] |
| Owner | Cineworld Group plc |
Number of employees | 4,000 |
| Subsidiaries | Forum Film, New Age Media |
| Website | en.cinemacity.nl |
Cinema City International N.V. is the largest cinema operator in Central and Eastern Europe as well as in Israel and the third largest cinema operator in all of Europe. The Company operates 99 multiplexes with a total of 966 screens.
In the CEE countries the Company operates cinemas under the Cinema City brand name and in Israel under the Planet and Rav-Chen brand names. Theatre operations are the Company’s core business comprising the sale of tickets, snacks and beverages in concession stands as well as cinema advertising conducted under its brand name "New Age Media". The Company is one of the fastest growing cinema chains in Europe with current plans to open 36 new multiplexes (approximately 380 screens) based on existing binding lease agreements.
The Company is also a film distributor in all its countries of operations. This business is conducted through its local "Forum Film" subsidiaries. The Company conducts real estate activities and owns assets located in Bulgaria, Israel and Poland and include: the Mall of Rousse and other plots of land in Bulgaria, plots of land designated to develop an amusement park in Poland, an indirect interest of 39.78% in Ronson Europe NV and an office building in Herzliya, Israel and five other properties in Israel. The Company shares are traded on the Warsaw Stock Exchange. A takeover by Cineworld was announced in January 2014.