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IEG DETAILS PROJECT TO UPGRADE AND EXPAND VICENZA EXHIBITION CENTRE,
AIMED AT STRENGTHENING VICENZAORO'S POSITION AS BUSINESS PLATFORM
AND REFERENCE POINT FOR GLOBAL JEWELLERY INDUSTRY

The Italian Exhibition Group will invest 35 million euro
in the renovation and development of Hall 2 at the
Exhibition Centre, in line with the Industrial Plan
approved by the IEG Board

The Italian Exhibition Group has presented recently in Vicenza comprehensive details about its project to upgrade and expand the city's Exhibition Centre (Fiera di Vicenza).

The Hall 2 project, which will involve an investment of 35 million euro, was originally outlined in the Industrial Plan approved last December by the IEG SpA Board of Directors. Designed by architect Volkwin Marg, a partner at the GMP Von Gerkan, Mark & Partners Studio in Hamburg, it will cover a total surface area of 26,000 square metres.

The reconstructed Hall 2, which will be built on two levels instead of the current five, will be equipped with functional and sustainable technologies that will allow IEG to host more numerous and more diverse types of events, with particular attention being paid to meeting the needs and development of shows linked to the gold and jewellery industry, and especially VICENZAORO.

Vicenza is today considered an international hub of indispensable importance for the jewellery world, with the VICENZAORO shows serving as the leading platforms for high-end brands, as well as for the most skilled and qualified producers of gold and other jewellery products. As showcases for design and consumer trends, technology, corporate social responsibility, sustainability, and recognition of excellence, the VICENZAORO shows are universally regarded as venues for developing the business and culture of jewellery.

Over the past three years, despite unfavourable market dynamics, VICENZAORO has been particularly successful in strengthening its role in Europe and the Middle East, becoming a dominant player in both regions.

A key element in VICENZAORO's most recent development was the investment made in the construction of Hall 7 at the Vicenza Exhibition Centre, which opened in 2015. By offering more expansive, more modern and more functional spaces, the new addition made it possible to re-plot the exhibitor map into communities, and activate what has become VICENZAORO's highly successful "The Boutique Show" format, attracting additional big name brands and drawing in thousands more of the world's most prominent buyers.

What this means is that that occupancy levels at Vicenza Exhibition Centre have become extremely high, consistently equalling more than 98%, with exhibitor requests for stands continuing to grow.

Supported and intensified by IEG's dynamic marketing, sales and communication teams, the company has projected strong ongoing growth for its products serving high-end jewellery brands, and the fashion jewellery and gemstone sectors, precipitating a need for this latest 35 million euro investment in the Vicenza Exhibition Centre.

The next major jewellery show in Vicenza will be VICENZAORO September (VOS), which is scheduled to run September 22 to September 26, 2018. As always, it will provide an array of new proposals and opportunities for buyers and the market.

But VOS is not the only show on IEG's upcoming jewellery agenda this year. Other important events include VICENZAORO@JCK in Las Vegas, June 1-4, at the gold and jewellery show of reference in the United States, one of most important strategic markets for "Made in Italy;" and the VOD Dubai International Jewellery Show, November 14-17, which today is considered the show of reference for the Arabian and South Asian markets.

ITALIAN EXHIBITION GROUP SPA
Italian Exhibition Group SpA (IEG), Italy's number one events and congress player in terms of proprietary products and earning capacity, operates in the Exhibition Centres in Rimini and Vicenza and at the Rimini Palacongressi Conference Building and the Vicenza Convention Centre. The Group is headed by President Lorenzo Cagnoni, Vice President Matteo Marzotto and Managing Director Ugo Ravanelli and closed 2017 with a consolidated turnover of 130.7 million Euros, an EBITDA of 23.2 million and a consolidated net profit of 9.1 million. In 2017 IEG's portfolio totalled 59 shows (referring to the Food & Beverage, Green, Technology, Entertainment, Tourism, Transport, Wellness, Jewellery & Fashion, Lifestyle & Innovation sectors), 280 events and congresses and, between its Rimini and Vicenza-based centres, registered 15,649 exhibitors and 2,648,675 visitors. IEG operates on a worldwide scale with premises in the United Arab Emirates, USA, China, India and South America. www.iegexpo.it