Romanian lawmakers voted Wednesday night to revise the country’s 35-45% cash rebate, topping up the €50 million annual fund to finance the cashback scheme through 2023 and breathing fresh life into the local film industry.
in Bucharest, which serviced the fifth installment in Universal’s “Dragonheart” fantasy franchise. “Castel Film is in the process of negotiating two feature films for the end of the year which are relying on the rebate to be economically feasible. So it would be a positive impact for our business.”
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