History

The predecessor to Cinema City was formed by the Greidinger family in 1930, which opened its first cinema in Haifa, Israel in 1931. In the 1980s, the Company pioneered the establishment of a multiplex chain in Israel. During the 1990s Cinema City expanded to Central and Eastern Europe starting with Hungary (1997) followed by the Czech Republic (1998), Poland (2000), Bulgaria (2003), Romania (2007) and Slovakia (2011). In 2012 Cinema City complited digitalization of its cinema circuit initiated in 2008. At the same time, since 2000, the Company has been growing its film distribution and cinema-related advertising businesses throughout its CEE countries of operations. In March 2014 the Company entered the UK and Irish markets through the combination of cinema businesses with Cineworld Plc. Cinema City changed its name to Global City Holdings and became the largest shareholder of the Europe's second largest cinema operator keeping its strong presence in cinema, entertainment and real estate businesses. 

2017	Start of construction works of Park of Poland.  We are the official member of the International Association of Amusement Parks and Attractions (IAAPA), an international organization which represents more than 5,000 facilities from around the world.
2016	Global City Holdings holds 100% of a large residential real estate project (under development and construction) in Warsaw - Nova Królikarnia project.
2015	Delisting from the Warsaw Stock Exchange. Global City Holdings becomes a private company.
2014	Combination of cinema businesses with Cineworld Plc Strategic partnership with WUND Gruppe for the Aquapark in Mszczonów
2013	Fist stage of installation of the 4DX technology in Cinema City
2012	Digitalization of Cinema City completed
2011	Acquisition of Palace Cinemas in the Czech Republic, Hungary and Slovakia.
2010	Digital revolution - conversion and installation of more than 150 screens into digital format.
2009	Opening of the first megaplex in Romania, in Bucharest.
2008	Commencement of digitalization of cinemas. Development of Internet ticket sales.
2007	First multiplexes opened in Romania. New Age Media commences operations in Romania and Hungary.
2006	IPO on the Warsaw Stock Exchange. Commencement of operations in Bulgaria.
2005	Romanian subsidiary established. Forum Film Hungary commences operations.
2003	Bulgarian subsidiary established. Forum Film Poland commences operations.
2002	New Age Media commences operations in Poland. Acquisition of Ster Century in Poland.
1999	Launch of operations in Poland and in the Czech Republic. Agreement with IMAX Corporation.
1997	First multiplex in CEE region opened in Budapest, Hungary.
1995	Completion of modern multiplex chain in Israel.
1982	Opening of the first multiplex in Israel.
1929	Opening of the first cinema in Haifa.