[ad_1]
According to its own statements, Cineplexx wants to focus on the location of the “Cineplexx Salzburg Airport” in Wals. The Cineplexx cinema on Kasernenstrasse, which was extensively modernized a few years ago, is fully operational.
Cineplexx City “not positive sustainable”
“Constant development and the latest standards are an essential pillar in the entertainment segment. As an experienced cinema operator, we are always on the lookout for the long-term development of our 29 locations in Austria. At the ‘city of Salzburg’ location we have been observing a progressive decline in property quality for some time, which is inconsistent with our high standards, “says Christof Papousek, CFO / co-partner of Constantin Film & Cineplexx Kinobetriebe.
Therefore, the location of the cinema at the train station is not sustainably positive, which is why the decision was made to terminate the lease and stop gaming operations.
About Cineplexx and Constantin Film
The history of the company began in 1951 with the film distributor Constantin-Film in Austria, and since 1985 the company has been under management and partnership or as a result wholly owned by Austrian entrepreneurs. In the 1970s, the venues expanded nationally under the name Constantin-Film Kinos. Cineplexx Kinobetriebe GmbH is a subsidiary of Constantin Film-Holding-GmbH, founded in 1985, with more than 60 cinemas in 12 countries: Austria, Croatia, Serbia, Slovenia, Bosnia and Herzegovina, Montenegro, North Macedonia, Albania, Kosovo, Greece , Romania. and Italy. More than 400 rooms with more than 70,000 seats are operated. The latest expansion step took place in February 2019 with the purchase of UCI Kinowelt and the three partner locations in Austria. In 2019 and 2020 the expansion in the SEE area entered a new phase with 6 cinemas in Romania.
With around 1,700 employees, the company generated sales of more than 150 million euros in 2019. In 2019, Cineplexx cinemas received almost 13 million visitors.
(Source: SALZBURG24)
