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Romania Relaunches 30% Film Cash Rebate Program to Attract Foreign Productions

By

Christopher Vourlias

1d ago· 5 min readenNews

Summary

Romania has relaunched its cash rebate program for film and TV productions after suspending it due to outstanding debts. The revamped 30% incentive scheme, managed by the newly created Office for Film and Cultural Investments (OFIC), aims to rebuild trust with international producers and revive the domestic film industry. The program had been paused for several years, causing a production drought, but is now bringing foreign productions back to the Eastern European nation as it heads into the Transilvania International Film Festival.

Key quotes

· 2 pulled
We are in a really healthy place.
After pressing pause on its cash rebate program due to outstanding debts and suffering through a prolonged production drought, Romania is finally coming in from the cold.
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After suspending its cash rebate program for several years, Romania has launched a revamped scheme that looks to lure foreign productions back.

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