The cinema in Niš is the fourth location in Serbia operated by the family-owned Austrian company. Image: Cineplexx

Cineplexx opened in Serbia and Kosovo

The Austrian market leader has invested €3 million in the construction of the new 5-screen multiplex cinema in the Stop.Shop shopping center in Niš. It also recently celebrated a new opening in Pristina.

Together with Cineplexx International, the leading Austrian cinema operator is further expanding its operations within the SEE region. After just six months of construction, Cineplexx opened a state-of-the-art multiplex cinema in the third-largest Serbian city of Niš in mid-November. The movie theater offers five screens and the latest cutting-edge movie technology.

The cinema in Niš is the fourth location in Serbia operated by the family-owned Austrian company. In the past three years, two Cineplexx cinemas have been opened in Belgrade and one cinema in Kragujevac. The 11-screen cinema in Belgrade’s Usce Shopping Center is the largest movie theatre in Serbia.

“The opening in Niš highlights the continuation of our success story in Serbia. We expect up to 250,000 visitors every year”, said Christof Papousek, CFO and partner at Cineplexx International.

The movie theatre in Niš has more than 800 seats and is equipped with the newest cinema technology. All its screens are digitalized and feature 3D projection technology and the latest Dolby sound system; in addition to this, the largest screen also provides 4K and high-frame-rate technology.

Cineplexx in Pristina, the capital of the Republic of Kosovo. Image: Cineplexx
Cineplexx in Pristina, the capital of the Republic of Kosovo. Image: Cineplexx

Shortly after Niš, there was reason to celebrate in Pristina, the capital of the Republic of Kosovo. A 6-screen cinema with a total of 1,000 seats was opened in December in the Albi Mall. Moreover, a prize-winning object is also under construction: the “Belgrade Plaza” shopping center in the Serbian capital. This multiplex cinema will be equipped with cutting-edge VIP seats as well as 1,500 normal seats. The opening is planned for April 2017.

Cinemas indispensable for entertainment in malls in SEE

Since starting its expansion plans in 2009, Cineplexx has been able to continuously strengthen its position in Southeast Europe. In 2011, the group opened its first cinema in Croatia. The expansion in Serbia followed soon thereafter. In the meantime, the company is also present in Macedonia, Montenegro, Albania, and Slovenia.

Cineplexx in Pristina, the capital of the Republic of Kosovo. Image: Cineplexx
Cineplexx in Pristina, the capital of the Republic of Kosovo. Image: Cineplexx

With the opening of a new cinema in Thessaloniki last year, the company entered the Greek market for the first time. “Our company is very well positioned in this region and we are market leaders in several countries. Cinemas are extremely popular in South East Europe.

An increasing number of shopping center operators therefore consider cinemas an indispensable element of entertainment,” commented Papousek at the opening in Niš. As of spring 2017, Cineplexx will become the largest cinema operator in the Western Balkan region, with a total of 20 cinemas in 10 SEE countries.

About Constantin Film Holding GmbH

The film distributor Constantin Film Holding GmbH was founded in Austria in 1951. A second mainstay was created at the end of the 1960s in the segment of cinema operations. In 2009, Cineplexx International GmbH started expanding to Austria’s neighboring countries and the first cinema outside Austria was opened in Bolzano, South Tyrol.
Today, Cineplexx has a strong market presence with 40 multiplex and six traditional locations in Austria, Croatia, Serbia, Slovenia, Montenegro, Macedonia, Albania, Greece, and Italy, offering 291 screens. In 2015, the company’s workforce included 1,300 employees and the overall turnover amounted to €125 million and the number of visitors reached 12 million.
Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Management MORE

Altera appoints Thijs Guinee as Performance and Valuation Analyst

Altera Vastgoed announces the arrival of Thijs Guinee.

Newsec recruits Patrik Attemark as new CEO

Newsec will gather their present operations in seven countries under a single organization, led by Patrik Attemark who has been recruited as new CEO as of December.

Time Retail Partners appoints James Hessey to the Investment Team

TRP has announced the appointment of James Hessey to its growing investment team, joining Investment Director, Antony Nickalls, and CEO, Rob Wingrave.

Aliya Mogireva and Daniel McKillop join transaction team at BNP Paribas

The Transaction Team of BNP Paribas REIM Germany in Munich has two new members: Aliya Mogireva as Real Estate Transaction Manager and Daniel McKillop as Real Estate Analyst.

Hahn Group appoints Daniel Löhken as new Executive Board member

The Supervisory Board of HAHN-Immobilien-Beteiligungs AG has appointed Daniel Löhken to the Executive Board, effective January 1, 2022. Together with CEO Thomas Kuhlmann, he will form the company's two-member Executive Board in the future.

Redevco creates NextGen Board for new future-proof strategy

Redevco has created a NextGen board with eight members representing various functions across the organization and each of its six European offices. NextGen’s remit will include offering a fresh perspective on the company’s vision, mission, strategy, and culture.