Europe’s Attractive Incentives Boost Production Restart Across Continent

  • Variety
Europe’s Attractive Incentives Boost Production Restart Across Continent
The U.K. is Europe’s top destination for Hollywood productions, with $3.75 billion spent on movies and high-end TV last year, followed by Hungary and Czech Republic.

Countries including Romania, Poland, Belgium, Ireland, Bulgaria and Malta are upping the ante in the contest to bring international shoots to their studios. France, Germany, Spain and Italy all have vibrant production sectors too, largely underpinned by local-language production, and boosted by orders from streamers, but with an eye to attract Hollywood projects.

Incentives are highly competitive with U.K.’s set at 25%, Hungary at 30%, and Czech Republic at 20%, for example. Visual effects is a growth area with France offering an extra 10% for VFX on top of its 30% rate. However, just as important is the availability of top-notch crew and production facilities, which is one of the reasons U.K., Hungary and Czech Republic still lead the way. The U.K. is in
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