
The Association of the German Trade Fair Industry (AUMA) has criticised the current draft budget for the coming year. In it, the Federal Government plans to cut funding for trade fairs abroad by 2.6 million euros. AUMA warns of potential competitive disadvantages for German export companies and is calling for the proposed funding to be increased.
This is particularly relevant for stand builders, international event agencies and exhibitors. Companies that rely on German pavilions and state-funded participation in international trade fairs must prepare for possible changes to funding rates or rising stand costs when taking part in international trade fairs.
The planned cuts could therefore have a particular impact on the cost planning and organisation of joint trade fair appearances abroad.
Subscribe to our eventletter for the latest news from the events industry.