Business news from Ukraine

CINEMA NETWORK “PLANET KINO” STARTS SHOWING NEW FILMS

The Planeta Kino cinema chain is starting to show new films, its CEO Natalia Baidan told Interfax-Ukraine.
“The following release dates are currently fixed: Batman from May 12, ER from May 19, Fantastic Beasts from May 26. Plus several independent, non-studio films. Within a few days, all screening information will be on our website “, she reported.
Baidan also clarified that the network’s cinemas operate in the capital, Lvov, Odessa, Dnipro and Sumy.
According to her, the fees in April amounted to UAH 3.7 million. “This is higher than the March figures, when it was less than 2 million, but well below the pre-war 80 million. I hope we will see a partial recovery in May,” she said.
The Cinema Planet network, which belongs to Triumph Media Group LLC, has nine cinemas in Kyiv, Odessa, Lvov, Kharkiv, Sumy and Dnipro. It is also known about plans to open a new cinema in the Ocean Mall shopping center (Kyiv).
LLC “Triumph Media Group” was established in 2006, the main activity is the demonstration of films.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the owner of the enterprise is Moviemax Limited (100%, Cyprus), the ultimate beneficiaries are Dmitry Derkach and Andrey Shpig. The authorized capital is UAH 72.5 million.

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ON APRIL 14 CINEMA NETWORK “PLANET KINO” RESUMES WORK IN KYIV AND DNIPRO

The Planeta Kino cinema chain reopens the cinema at the Appolo shopping center (Dnipro) on Thursday, April 14, in the capital next week, Natalia Baidan, CEO of the chain, told Interfax-Ukraine.
“We work in Lviv and Odessa, tomorrow we will open in the Dnieper. Next week we will open in Kyiv. Until the end of the month, possibly in Sumy. The situation is difficult and not yet predictable with Kharkov,” she said.
The CEO of the network specified that a cinema in the River Mall will first open in the capital.
At the same time, she noted that from the point of view of business, the results of March are unsatisfactory.
“We generate losses. In normal months, our sales were at the level of about UAH 80 million per month, now it is less than UAH 2 million. I am actively negotiating with copyright holders to provide us with new releases. There is a hope that they will appear in May. Then, I hope, the situation will be resolved,” Baidan said.
The Cinema Planet network, which belongs to Triumph Media Group LLC, has nine cinemas in Kyiv, Odessa, Lvov, Kharkiv, Sumy and Dnipro. It is also known about plans to open a new cinema in the Ocean Mall shopping center (Kyiv).
LLC “Triumph Media Group” was established in 2006, the main activity is the demonstration of films.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the owner of the enterprise is Moviemax Limited (100%, Cyprus), the ultimate beneficiaries are Dmitry Derkach and Andrey Shpig. The authorized capital is UAH 72.5 million.

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