Austrian entertainment and cinema company Cineplexx intends to commit 25 million euros (about $28 million) investments in Romania over the next three years.
With the investments, Cineplexx will open 8 multiplex cinemas in Romania, with a total of 50 screens.
Cineplexx is also aiming at the viability of a reconditioning project, which it could add to its portfolio later, besides the eight cinemas that will be opened in new shopping centres.
Two more multiplexes will be opened by the end of next year, followed by two openings in 2020 and two in 2021.