WARSAW: Exhibitor and real estate company Global City Holdings posted three month and nine month declines in net profits in its interim statement for 2014.
The nine months ended 30 September 2014 showed a net profit of 0.7 m PLN (0.2 m EUR) versus net profit of PLN 17.2 million (EUR 4.1 million) for the nine months ended 30 September 2013. For the three months ended 30 September 2014, there was a net loss of 4.9 m PLN (1.2 m EUR) versus net profit of 4.4 m PLN (1.0 m EUR) for the three months ended 30 September 2013 (www.ronson.pl).
Global City Holdings owns 29 percent of shares in Cineworld, the second largest cinema operator in Europe.
The Film New Europe (FNE) Association is the networking platform for film professionals in the CEE/SEE/Baltics region. The webportal and FNE newswire was chosen as the MAIN TOOL to achieve the network’s objectives of the sharing of know how, visibility of regional cultural diversity and finally the VOICE of the region.
FNE’s objectives include VISIBILITY for the region and AUDIENCES for films by providing a special focus on the region.