Scripted Productions is launching its newest Service Production arm out of Budapest. The endeavor is spearheaded by the young and experienced dynamic duo, Julia Molnar and Tamas McGillivray, with the backing of Company Owner and CEO, Barbara Hamori.

The Service Division will debut at the Cannes Film Festival with its own booth, where they will develop new partners and look to build relationships with future clients.

Scripted Productions notes that Hungary delivers economic value in labor, accommodation, material and vendor fees. It also has one of the most trusted and lucrative tax rebates in Europe, which has been in place since 2003. The 30% tax rebate applies to all local spending through a production company registered in Hungary with no project cap or limitations. The rebate is a post-financed cash rebate that can be audited on a monthly, quarterly or one-time basis.