02 December 2024 
 
28 January 2016

Messe München purchases CTT

Messe München is buying CTT EXPO in Moscow, the world’s fifth largest construction machinery trade fair. This acquisition is both the biggest and most important purchase in Messe München's history. The seller is private Russian trade fair company Media Globe LLC. For Messe München the commitment in Moscow is the entrée to a new market.


“This provides us with a long-term platform for tapping into the Russian market. Because beyond the current political situation there is considerable potential in Russia, especially for Messe München’s main focus areas," says Stefan Rummel, Managing Director responsible for foreign activities.

For the 17th time

CTT has been held in Moscow every year since 2000. Latterly it boasted an area of 53,900 square meters and 670 exhibitors and was profitable notwithstanding the economic situation. In May 2016 it will open its doors for the 17th time. German companies have been exhibiting at CTT in Moscow with a joint stand every year since 2004.

Included in foreign trade fair program

At the request of the Construction Equipment and Building Material Machinery Association within the VDMA - Verband Deutscher Maschinen- und Anlagenbau e.V. (German Engineering Federation) - the CTT was again included in the Federal Ministry of Economics and Technology's foreign trade fair program in 2016.

Striganov staying on as a shareholder

Alexey Striganov, Media Globe’s proprietor, becomes Messe München’s partner in Russia, staying on as a shareholder in the newly established company. This partnership enables Messe München to tap into an already existing extensive network in, and know-how of, the Russian market.

http://www.messe-muenchen.de
http://www.ctt-moscow.com

 

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