email print share on Facebook share on Twitter share on LinkedIn share on reddit pin on Pinterest

EXHIBITORS Baltic countries

BDG behind multiplex expansions

by 

Baltic Multiplex Ventures, the new exhibition operator owned by entertainment group Baltic Development Group (BDG) and other Estonian, US and Hungarian investors, has just inaugurated the five screens/1000 seats Cinamon multiplex in Kaunas, Lithuania, the first of a series of multiplexes that the company intends to open throughout the Baltic countries over the next couple of years. Baltic Multiplex Ventures (BMV) is the first to challenge the Finnish Finnkino Group, the only exhibitor owning multiplexes in the Baltic countries with two sites in the Lithuanian capital Vilnius, one in the Estonia capital Tallinn and one in the Latvian capital Riga.

(The article continues below - Commercial information)

During its first year of operation in the Lithuanian market, BMV will invest a total of €3.5m between the Cinemon Kaunas and the future six screens Cinamon multiplex which will open in the spring 2006 in the city of Klaipeda. "Lithuania is the biggest country of the Baltics and the Lithuanian cinema market was less developed in comparison to other Baltic states", commented Peeter Rebane from BMV. "There was no modern multiplex in Kaunas, a city which has half a million residents alike Bratislava or Ljubljana". BMV’s next multiplex openings in 2006 will be in the Estonian cities of Tartu and Tallinn, and later on in Riga and Vilnius.
According to Chris Lowe managing director of BMV who previously run multiplex cinemas in the UK and Central Europe, the Cinemon chain will combine state of the art technology with attractive pricing policy (€3,5 tickets for adults and €2,6 for children, students and pensioners). Both US and European films will be programmed such as Harry Potter And The Goblet Of Fire, Revolver, and The Jacket currently playing at the Cinamon Kaunas.

Based in Tallinn, BDG is the exclusive distributor of Buena Vista International’s titles in the Baltic States and it sometimes acquires European films such as Dogville, or Swimming pool bought in 2004. BDG also owns the one screen Cinema Sõprus in Tallinn, part of the Media Programme’s Europa Cinemas Network (read Cineuropa's other news.

(The article continues below - Commercial information)

Did you enjoy reading this article? Please subscribe to our newsletter to receive more stories like this directly in your inbox.

Privacy Policy