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Sweden: Commissions, film fund help attract biz

Location: Europe 2012 - Sweden

Although Sweden has no tax incentives, a network of regional film commissions and a recent agreement specifying that between $2 million and $2.6 million of the national film fund is set aside for co-productions annually are significant factors in helping attract business.

Attempts to persuade the government to introduce further incentives continue.

Stable and long-established regional funds include Gothenburg-based Film i Vast, Film i Skane and Filmpool Nord, while the MidNordic film fund will launch by the fall.

“All these are available for co-productions with foreign producers,” says Stockholm film commissioner Ingrid Rudefors.

“We have a national film fund through the Swedish Film Institute. They finance about 20 films per year where the Swedish producer is the main producer, with between € 100,000 ($129,000) to € 1 million ($1.3 million) per project and there are about 10 films per year where a Swedish producer is the minority producer.”

Sweden is outside the Eurozone and its currency, the krona, remains strong; there are no government austerity projects, rather, as Rudefors says, “the other way round; the government is looking closely at ‘The Girl With the Dragon Tattoo’ example to see the fantastic value that production means to Sweden.”

There are two new large studios in the region of Stockholm: Botkyrka, a two-studio complex near Stockholm and Kumla’s CineStar Studio, 135 miles west of the capital. There’s also a strong network of post-production companies with international offices such as the Chimney Pot.

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