Hungexpo Expands its International Relations

Hungexpo Plc. is expanding its international relations, establishing a network of partners in eighteen new countries, including Great Britain, Germany, Spain and France, the exhibition organizer announced on Friday.

Hungexpo has so far been present in Italy, Turkey, Romania and Slovakia, and will now have a permanent representation in 22 countries.

A statement by the company emphasizes that their expanding network of international agents and representatives will help to increase awareness of the Hungexpo Budapest Congress and Exhibition Centre, which will offer unique opportunities after the renovation, and to offer more foreign companies the opportunity to participate in trade fairs.

The announcement recalls that Hungexpo has undergone a major renovation and now offers more than 70,000 square meters of indoor space and 36 hectares of outdoor space to its partners. By 2021, a conference center with 26 section halls and a plenary hall for up to 2,000 people will have been built, filling a decades-old gap. With the renewal of Hungexpo, Budapest will be able to host international congresses and conferences of virtually any size, it added.

Hungexpo Plc. Hungary's and the region's leading international trade fair and conference organizer, the operator of the Kőbánya Fairgrounds.

According to public company data, Hungexpo Plc. achieved a net sales revenue of HUF 2.67 billion in 2020, up from HUF 8.3 billion in the previous year, and the company's profit before tax exceeded HUF 1.07 billion in 2020, compared to HUF 1.1 billion in 2019.