Head Gear Films Opens Facility for Financing Productions to Film in Serbia

London-based financier Head Gear Films announced in late April the largest investment in productions aiming to shoot in Serbia. The facility will be operated in partnership with Belgrade-based production outfit Balkanic Media, which has been founded by Ironclad filmmaker Jonathan English with Los Angeles-based producer James Gibb, as reported on the filminserbia website.

The fund will cash flow the government rebate in Serbia, which proved as one of the most efficient cash rebate programmes around Europe offering 25% for qualifying film and TV productions and rising to 30% for features with a budget of EUR 5 million and above.

– Serbia has positioned itself not just as a shooting location but as a reliable production partner. The government rebate combined with low production costs, world class studios at PFI and highly experienced crew, makes Serbia the unbeatable deal in Europe – concluded English.