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Hungexpo gets €20 mln facelift

Fair organizer Hungexpo Zrt will receive €20 million from GL Events Group for the development of the Budapest Fair Center in Dist. 10, GL Events chairman Olivier Ginon announced. GL Events will present the blueprints for the investment in September, as the plan is currently under review by the Dist. 10 local council, Ginon said. GL plans to establish a 50,000 square meter exhibition hall on the area to host 5,000 more people, an increase of 10,000 square meters over the original design. An additional 5,000 new parking spaces will also be added to the fair complex, Ginon said.