History
The Greidinger family, the majority owners of Cinema City International N.V., started their cinema business in Haifa, Mandatory Palestine, Moshe Greidinger (grandfather of the company's current CEO also named Moshe Greidinger) started building his first cinema in 1929, which was opened in 1931. In 1935 he opened his second cinema in Haifa, Armon Cinema (palace in Hebrew), a large art-deco building that contained 1,800 seats. Armon cinema became the heart of Haifa’s entertainment district; due to its large capacity, the cinema was often used for performances by the Israel Philharmonic Orchestra and the Israeli Opera.
In 1958, the family expended to Tel Aviv, by acquiring the Rav-Chen cinema in Dizengoff Square. In 1967, the family entered the film distribution business when it acquired a company named Forum Film. In 1982, their first multiplex cinema was opened in Dizengoff Center shopping mall in Tel Aviv.
Read more about this topic: Cinema City International
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