Cinema City Not Pulling Out Of Hungary

  • 4 Jan 2017 7:30 AM
Cinema City Not Pulling Out Of Hungary
Cinema operator Cinema City is not withdrawing from Hungary, marketing director Andrea Buda said, commenting on a report it will lose a contract to operate one of its businesses in Budapest. The website Index said earlier that Cinema City will lose its contract to operate a cinema in the MOM Park shopping centre in Buda.

MOM Park wants to award the contract to a company new to Hungary, Index said. Buda said Cinema City’s contract with MOM Park is not open-ended and talks on the agreement have been going on for months.

A contract Cinema City had to operate a cinema in the nearby Mammut shopping centre expired in October and was not renewed. Cinema City plans further investments at its cinemas in Hungary. The company operates 19 cinemas in the country.

Republished with permission of Hungary Matters, MTI’s daily newsletter.

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