Kinepolis Group has obtained all necessary permits for the construction and operation of a new cinema complex in Armilla, located in the Southwest of Granada (Spain). The cinema will be part of the shopping mall 'Nevada', one of the biggest shopping malls in Andalusia, which is announced to open in November of this year. The cinema will have 8 screens and 1693 seats and is expected to open before the end of 2016. Kinepolis aims to attract nearly 400.000 visitors a year to its Nevada complex.
The owner of the Nevada shopping mall, General de Galerías Comerciales (GGC) rents out a 6,000 m windproof building to Kinepolis. Kinepolis will take care of the furnishing and finishing of the cinema in the coming months.
Kinepolis already has a 15-screen, 4600-seat cinema complex in Granada. This brand-new, second complex will allow Kinepolis to reinforce its position in the area and to offer Kinepolis' unique cinema experience to an even wider audience. Kinepolis entered the Spanish market in 1998, with the opening of Kinepolis Madrid, the world's biggest multiplex (25 screens) at the time. The first Kinepolis multiplex in Granada was opened in 2004.
Eddy Duquenne, CEO Kinepolis Group: 'Consumer confidence in Spain is clearly recovering. We are confident that the city of Granada offers enough opportunity for several multiplexes, especially within the context of the Nevada project, which will broaden the catchment area of this new cinema significantly.'
In 2014, Kinepolis took over the cinemas Abaco Alcobendas in Madrid and Abaco Cinebox in Alicante. Both cinemas have been thoroughly renovated and operate under the Kinepolis brand since. With this brand-new second multiplex in Granada, Kinepolis will have six cinema complexes in Spain by the end of this year.
Kinepolis Group NV was formed in 1997 as a result of the merger of two family cinema groups and was listed on the stock exchange in 1998. Kinepolis offers an innovative cinema concept which serves as a pioneering model within the industry. Kinepolis Group NV has 46 cinemas spread across Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland and Poland. In addition to its cinema business, the Group is also active in film distribution, event organization, screen publicity and property management. 2,300 employees are committed each day to providing millions of cinema visitors an unforgettable movie experience.
Kinepolis Group NV published this content on 28 June 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 June 2016 05:10:13 UTC.
Original documenthttps://corporate.kinepolis.com/en/press-releases/kinepolis-open-new-cinema-complex-granada
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Kinepolis Group NV specializes in operating multiplex movie theaters. The activity is organized around 3 areas:
- operation of cinema multiplexes: sale of tickets, confectionery, and beverages, sale of advertising space, event organization, etc. At the end of 2023, the group has a network of 109 cinemas in Belgium (11), Canada (36), the Netherlands (19), France (18), the United States (10), Spain (10), Luxembourg (3), in Switzerland and Poland;
- leasing of commercial spaces: restaurants, outlets, etc.;
- other: cinematographic distribution and production, and technical services (primarily technical assistance and projector maintenance; Decatron).
KINEPOLIS GROUP NV 
