subscribe to news Expocentre sums up 2018 results
The annual meeting of Expocentre AO shareholders has taken place at Expocentre Fairgrounds. The meeting was chaired by Sergey Katyrin, the Chairman of the Expocentre Board of Directors and President of the Russian Chamber of Commerce and Industry.
Expocentre General Director Sergey Bednov reported results of the company's operation in 2018. Expocentre saw a 2% growth in leased space and the number of exhibitors amid the Russian exhibition market's decline in terms of exhibitors and visitors.
Expocentre's share in the domestic exhibition market grew to 17.6% of the total exhibition space and to 14.2% of total exhibitors, which strengthened the company’s standing in the competitive environment.
In 2018, Expocentre organised 33 exhibitions and hosted 76 projects. A total of 109 exhibitions were held at Expocentre on a total net area exceeding 570,000 square meters. Almost 30,000 exhibitors from 110 participated in those events.
Prodexpo, Metalloobrabotka, Mebel, and Agroprodmash were the biggest success. CJF – Child and Junior Fashion and Mir Detstva hit a record.
Emphasis was put on bolstering the leading exhibition projects of Expocentre in the fields of machine building, energy, food and processing industries, chemistry, healthcare, and children's goods. According to the latest national rating, 13 exhibitions won the honorary title of Russia's Best Exhibition. Twenty-six exhibitions were awarded by the Russian Union of Exhibitions and Fairs, and 25 by the Global Association of the Exhibition Industry. This is a true confirmation of the world class and high professional recognition of Expocentre's exhibitions.
Auspices of the Russian Chamber of Commerce and Industry has much significance for the development of Expocentre's exhibitions. A new joint project with the Chamber was launched in 2018 to attract regional exhibitors to Expocentre's exhibitions. Agreements were signed with 26 regional chambers offering new opportunities in attracting exhibitors from amongst regional manufacturers.
In 2018, much attention was given to the development of Expocentre's exhibition program. Concepts of two new shows, RosBuild and RENWEX dedicated to construction and renewable energy, were developed.
The Expocentre for Counterfeit-Free Exhibitions project, which is one of a kind in Russia, continued. Exhibitors are increasingly enthusiastic about it.
Expocentre successfully organised Russian exhibitions abroad last year. Russian exhibitors took part in 11 shows. The Russian-Mongolian Initiative 2018 business mission visited Ulaanbaatar.
In 2018, Expocentre Fairgrounds hosted 76 exhibitions, including seven new projects, on a total net area of 300,000 square meters. The first international exhibition and forum, Expo River Ports, in Russia was held at Expocentre Fairgrounds. The Days of the Far East in Moscow triggered a wide response.
Over the reporting period, Expocentre played host to 1,031 congresses and conventions, which by 12% exceeds the 2017 figure. Expocentre was chosen as the venue of the 68th FIFA congress attended by the president of the Russian Federation.
Expocentre is celebrating its 60th anniversary in 2019. The vast experience of major international exhibitions, the high reputation of Expocentre, and the enormous professional potential of its collective are not just sizable competitive advantages but also a good foundation for further development and better performance in every area, the Expocentre head noted in conclusion.
The shareholders approved the 2018 results of Expocentre AO and the activity of its ruling bodies, and elected the new Board of Directors and the management of Expocentre AO.
Press Service, Expocentre AO