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Greek Hollywood investment plan is being implemented

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Greek Hollywood investment plan is being implemented

In the near future, developments for film studios in Platania are expected to be activated. Thermida Thessaloniki and processing (post-production) of films, videos and TV programs in Greek. On February 27, the public consultations, which began last Friday (February 17) at “Greek Hollywood”which will be implemented by a company connected to a film production company Nu Boyana Hellenic – “Thermal Basilicas”. A decision by the Inter-Ministerial Committee on Strategic Investments (DESE) is expected to follow to include the investment of 50 million euros in the status of strategic investments, so that the bureaucratic steps that lead to the construction of the project can be eliminated. completed.

The production studio in Thermi, with a total area of ​​11,184 sq.m, will have outdoor filming areas of 12,376 sq.m, production offices of 8,040 sq.m. and other auxiliary premises 4,000 sq.m. As follows from the overall strategic development plan (master plan), the workshop, which will be implemented on a private property with the old granaries of Kordoyannis, will be built in five separate blocks, and of the two external production areas (backlot), one will belong to a typical road U.S.A.

The second post-production area, with a total area of ​​3,511 sq.m., will have appropriately configured and equipped sound engineering, mixing, sound and image processing rooms and will be located on the private territory of Vasilika Thermis in Elliniko, which is within walking distance from Lamda Development sites. The Hellinikon studio will include a 285 sq.m. area where pure post-production will take place, six offices and other ancillary facilities.

Vasilika Thermis and Nu Boyana Hellenic are owned by businessman Yannis Kalafatis and his partner Yariv Lerner, who control Millennium Media, one of Hollywood’s largest independent film companies.

One of Thermi’s open spaces will resemble a typical US street.

As Yiannis Kalafatis recently told K, 8 million has already been invested in Thessaloniki and, according to the investment plan, it is planned to spend another 30 million on infrastructure construction and about 10 million on technical equipment.

Famous films in Greece such as The Enforcer, starring Antonio Banderas, and The Expendables 4, which starred Jason Statham and Sylvester Stallone, among others, have been made under this particular scheme.

motives

With investment incentives (cash rebate) that match a subsidy of 40% of eligible costs, Greece has become an attractive location for film production in recent years. From April 2018 to 2022, total film production funding exceeds 600 million euros. In 2023, the demand for filming in the “open-air studio”, as Greece is usually called by foreign producers, is expected to increase, with filming starting in Attica, Peloponnese, Etoloakarnania, Crete and the Cyclades. The creation of modern studios is necessary not only to meet the increased demand and ensure production independence from weather conditions, but also in order for the country to acquire digital equipment for post-production and visual effects.

Author: Dimitris Delevegos

Source: Kathimerini

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