Beograd Film sold for 9 mn euros

London-based real-estate company JKR purchased 70 percent of Belgrade Film shares for 9 million euros.

Izvor: B92

Friday, 16.02.2007.

17:48

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Beograd Film sold for 9 mn euros

Beograd film owns 14 cinema theaters across Belgrade: Kozara, Zvezda, Jadran, Balkan, Odeon, 20. oktobar, Kosmaj, Central, Slavica, Avala, Jedinstvo, Drina, Partizan and Voždovac.

Đivanović told B92 that his company was going to discuss whether to keep or change the original purpose of the cinema theatres.

“I intend to promote the effectiveness of Beograd film. My company will now take each theatre as a separate business entity, look into its business records and decide on its future purpose”, Đivanović said.

Beograd film employees voiced dissatisfaction with the sale since the company assets had been valued at 20 million euros.

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