Bank Of Baku

AutoShow and AutoParts exhibition space falls by 25%

AutoShow and AutoParts exhibition space falls by 25%
# 16 March 2009 15:59 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The exhibition space of the 4th AutoShow (Azerbaijan International Automobile Exhibition) and 3rd AutoParts (Spare Parts, Accessories and Maintenance Exhibition Equipment) will be reduced by 25% this year.
The exhibitions will be organized from March 26-29 by Iteca Caspian LLC, the exclusive partner of the British ITE Group PLC.
Iteca Caspian Director Farid Mammadov told a press conference that the reduction of exhibition area is due to the global financial crisis.
According to him, similar exhibitions were canceled in Uzbekistan, Kazakhstan, Russia, Bulgaria and Romania.
“In this situation, the organization of the exhibitions in Azerbaijan is very positive,” he added.
The exhibition manager Babek Amashov added that the two exhibitions will gather together more than 50 countries from 15 countries.
In his words, the local companies will take 40% of the exhibition space, leaving 60% to foreign firms.
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