Hungexpo finishes 2011 in black
Exposition organiser Hungexpo booked a small profit of HUF 53m in 2011 after racking up a HUF 870m loss in the previous year, CEO Gabor Ganczer said at a press conference on Tuesday.
Hungexpo’s revenue rose 25% to more than HUF 4bn, Mr Ganczer said.
About 25% of revenue came from hosting international congresses, 60% from exhibitions and 15% from other events.
Last year, Hungexpo organised 26 expositions which drew 300,000 visitors. It also hosted four international congresses with about 20,000 participants who accounted for 80,000 guest nights in the capital.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.