Company type | Ltd. |
---|---|
Industry | Cinemas |
Founded | 1999 Cinema City International |
Headquarters | Warsaw, Poland |
Key people | Mooky Greidinger, CEO |
Revenue | Unknown |
Number of employees | ~1000 |
Website | www.cinema-city.pl |
Cinema City is a brand of multiplex cinemas in eastern and central Europe, run by the Israeli company Cinema City International (CCI). In Europe it has cinemas in Romania, Bulgaria, Hungary, Poland, Czech Republic and Slovakia. In Poland, Cinema City has almost 40% of the multiplex market, with Multikino its major competitor. CCI also runs a chain of Israeli multiplexes under the name of Rav-Hen.
In January 2014 it was announced that the Cinema City parent group would be taken over by UK group Cineworld.[1]
Under the terms of the deal, Cineworld will purchase about 100 multiplexes from CCI for 503 million pounds. However, CCI will maintain a 24.9 percent stake in the combined business.