Spanish exhibitor Cines Abaco has unveiled plans to invest Euros 48m over the next three years to grow its multiplex cinema circuit and entertainment chain.
The expansion plans encompass seven new multiplexes across Spain with a total of 81 screens by 2005. Plans also include 20 new video game entertainment centres.
Abaco currently runs nine multiplexes with 83 screens and forms part of the three-way joint venture CAEC alongside Lauren Films and Cinebox.
With 51 sites and 370 screens, CAEC is Spain's biggest exhibition group.