Czech company Sebre has bought a 20 percent stake in what was Serbia’s biggest film studio complex. The business daily E15 reported that the Czech millionaires behind Sebre paid more than 10 billion euros for the stake in Avala Film. The Czech company is hoping to revive the studios which are described as the Serbian equivalent of Prague’s Barrandov complex. The hopes for a revival are fueled by the increased incentives being offered by most European states to encourage local film making.
Source; Radio Praha
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