Minister of Digital Governance Kyriakos Pierrakakis has announced the creation of a film studio in the town of Thermi, outside Thessaloniki, northern Greece. Investing company is Nu Boyana Film Studios, an affiliate of Millennium Films, one of the longest-running independent film companies in Hollywood.
This is “an investment worth 20 million euros by Nu Boyana Hellenic (…) which will employ at least one hundred people in permanent job positions,” said Central Macedonia regional governor Apostolos Tzitzikostas.
“Our aim is to render Thessaloniki the heart of audio-visual productions across southeastern Europe,” he stressed adding that “this will be the country’s first region to acquire a fully functional film studio.”
In his part, Pierakakis said that “it is good how the field of digital technology and filmmaking has been addressed as an asset for the country, as it ought to,” and described the founding of EKOME by the previous SYRIZA government as the “absolute step in this direction.”
The film studio will span 8.3 hectares (83 stremmas), will include eight filming sets, while the filming plateaus will extend across 15,000 square meters, within a total of 25,000 square meters of studio space total.
Nu Boyana Studios representatives said that they would “await the explanatory circular on tax reductions, while the start of operations is scheduled for a year from the issuing of building permits.”
They also quoted Greek-American film producer Yiannis Kalafatis saying from New York that filming may even begin before the entire project is completed, as in early 2020.
Nu Boyana Film Studios are film studios situated in Sofia, Bulgaria.
The film production complex was opened in 1962 and was state owned until 2005 when it was bought by one of the longest-running independent film companies in Hollywood, Nu Image and Millennium Films with an impressive record of famous Hollywood films.
PS first tax incentives, then investment 🙂
