This latest announcement recent agreements to build Cinema City multiplexes in Jerusalem, Kfar Saba, Hadera and Beersheva.
The Cinema City chain, owned by Moshe and Leon Edery's New Lineo Cinemas (2006) Ltd., is continuing to expand oits activities. The company announced that it has signed an agreement to build a 10 cinema multiplex in Netanya. This follows recent agreements to build Cinema City multiplexes in Jerusalem, Kfar Saba, Hadera and Beersheva.
New Lineo Cinema announced that the new complex will be near the recently opened soccer stadium in the eastern part of the city. It will cover 12,000 square kilometers at the Rogosin-Federmann Center, which was opened last year, and will include 10 cinemas. The multiplex will be built at an investment of NIS 80 million and is scheduled to open in 2015."
Published by Globes [online], Israel business news - www.globes-online.com - on January 9, 2013
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