TIFF: When culture improves the local economy

Newsroom 24/05/2016 | 14:29

 TIFF generates a local economic impact of EUR 7.5 million for the city of Cluj, according to a study released in March by the Babes-Bolyai University in Cluj this March. The study takes into account funds invested in the local economy for the festival, local taxes generated by activities in connection with the event, and money spent by participants. Of the total festival goers, between 81 and 85 percent are from Cluj, the rest being tourists from other counties in Romania or from abroad. 

Read also: TIFF: what’s on competition this year?

Business Review made an infographic to outline this year’s edition:

tiff

Oana Vasiliu

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