Quicksummer Entertainment LLC

Film Estonia rebate fund for 2022 is 5,4 million euros

An increase in the fund will bring an additional 11.4 million euros to Estonia, the net impact on the Estonian economy would be at least 8 million euros. As of January 2022, the traditional fund volume of EUR 2 million for 2022 was covered by the disbursement obligation. The extraordinary need to increase the fund arose with the interest of major international projects to come to Estonia and the resulting rapid growth in demand. This is largely due to the relaunch of the international film industry following the downturn caused by the coronary pandemic. https://news.err.ee/1608561349/finance-minister-receptive-to-filmmakers-request-for-additional-funding
2022-05-25 21:09:32