Romania Becomes AFM's First Country of Focus as Its Rebate Restarts
Summary
Cristian Mungiu says the cash rebate is "working again" and hopes upfront cash-flow financing could arrive as early as 2027.
"Romania is the American Film Market's first Country of Focus this year, with a dedicated exhibition space at the Fairmont Century Plaza and four Romanian features screening at AMC Century City 15, Screen International, Variety and The Hollywood Reporter reported. AFM is partnering with Creative Romanian Filmmakers on the program, and a Nov. 14 panel, ""Beyond the New Wave: Romania as Your Next Production Partner,"" will feature Fjord writer-director Cristian Mungiu alongside Valentin Savu of the Romanian Office for Film and Investments in Culture.
Mungiu told Screen that Romania's cash rebate is ""working again"" and that authorities and the industry have begun talks on upfront cash-flow financing for it, with ""concrete results"" possible ""as early as 2027."" Fjord won the Palme d'Or at Cannes this year and is Romania's Oscar submission.
The screening slate includes Igor Cobileanski's Comatogen, Andrei Dascalescu's Gone Guy, Ligia Ciornei's Grounded and Valeriu Andriuta's The Circle. IFTA president Jackie Brenneman said the organization is proud to recognize Romania's contributions to the market."