30/03/2011

Cinema City International (CCI), the largest exhibitor network in Central Europe and the third biggest in Europe, enjoyed a successful 2010 with a turnover of €234.5m (24.4% higher than in 2009). CCI operates in seven countries, but Poland generates the most revenue for alone it represents 51% of the turnover. The other countries include Israel (21%), Hungary (12%), Romania (8%), the Czech Republic (6%) and Bulgaria (3%).

The company recorded an 11.1% rise in the number of tickets sold (30.5m admissions) for an increase in ticket sales revenue calculated at 26.9% (€142.7m) compared to 2009. The average ticket price also went up by 14.4% to €4.68. This hike is due to the increase in 3D screenings which demand a higher ticket price.

CCI expanded its network in 2010: seven multiplexes were opened with a total of 63 new screens. Added to this was the reopening of a cinema in Israel (four screens), as well as the closure of seven screens in the same country as part of a process of modernising the network’s installations.

At the end of 2010, CCI managed 75 multiplexes with a total of 722 screens (representing an increase of 8.5% compared to 2009). CCI is also among the European leaders in the digitalisation of movie theatres. The company installed over 100 digital projectors in 2010 and today it has 300 digitally-equipped theatres.

In January 2011, CCI acquired the Palace Cinemas network comprising 141 screens across 15 multiplexes located in Hungary (four cinemas, 47 screens), the Czech Republic (eight cinemas, 65 screens) and Slovakia (three cinemas, 29 screens).

The CCI group currently owns 90 cinemas (863 screens), to which it will soon add 35 mutiplexes (360 screens) that are under construction.

The company also operates as a cinema advertiser and is active in the film distribution sector. Cinema City International employs over 4,000 people in seven countries.

Source: Cinema City International

(Translated from French)