Investment in provision of services for the international film industry and enhancement of the capacity to broadcast high-quality cinema in the North West Region

„A Plus Films” LLC is a leading broadcaster of movie, DVD, Blu-ray, Pay TV, VOD and TV in Bulgaria. The company manages movie theaters in the cities of Vidin and Vratsa, broadcasts a TV channel, provides postproduction services and production of the full range of promotional materials for Bulgarian and foreign movies: videos /trailers, makings, TV-spots/, posters, billboards, flash banners, etc. The company is the biggest broadcaster of Bulgarian movies, most of which in the Top 25 of Bulgarian movie hits: - "Mission London" - the most successful Bulgarian movie /co-production of five European countries/ with more than 2 620 000 BGN ticket revenue; - "Tilt" with more than 930 000 BGN ticket revenue; - "Sneakers" with more than 260 000 BGN ticket revenue; - "The Color of the Chameleon" 86-Oscar-nominated for Best foreign movie and many others. The investment comprises of: - complex postproduction equipment /for film editing and production of promotional videos for movies/ and TV channel broadcasting set which will be located in the premises of the company in Vidin; - broadcasting systems and ticket sale stations and software for the two movie theaters in the Cities of Vidin and Vratsa; The following activities are envisaged: improvement of production processes, addition of new characteristics to existing services, introduction of new activities for resource efficiency improvement. The activities implementation will eliminate the major technological constraints while allowing the expansion of currently provided postproduction and TV channel-broadcasting services and will lead to thorough modernisation of movie broadcasting in Vidin and Vratsa. The investment will provide the prerequisites for fulfillment of the real potential for considerable export growth through postproduction services to large-scale foreign movie productions.

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Overview

Status Closed (completion date)
Start date 30 Mar, 2016
End date 10 May, 2017
Contract date 30 Mar, 2016
View in UMIS

Financial information

Total cost 582,723.00
Grant 407,906.10
Self finance 174,816.90
Total paid 407,734.45
EU participation percent 85.0%

Location