As an integrated Group operating in all event professions, GL events works in three major segments:
event organisation, event venue management and services for fairs, congresses and events.
© Odile Decq architect / Felice Varini – Altitude 150
After adding the Padua and Budapest exhibition centres in 2005, GL events inaugurates a new phase of international expansion in Venue and Event Management after being awarded a 50 year concession for the Rio de Janeiro exhibition centre.
Riocentro: GL events' first major success outside Europe for Venue and Event Management
According to the results of the call for tenders by the city of Rio de Janeiro and published in the official journal of 27 March, GL events Brazil, specifically created for this purpose, will manage the city's Riocentro exhibition centre for 50 years. The formal signature of the agreement will be within 15 days. GL events will invest €25 million in 2006 and 2007 to achieve the modernization of the site and host the Pan-American Games.
An exceptional venue in a major international destination
Located in Rio de Janeiro, a major city of 12 million inhabitants, and the leading tourist destination in South America, Riocentro is the largest event venue in South America with 140 acres and 87,000 m² of exhibition space.
With parking for 9,000 vehicles, a natural lake and 5 interconnected halls, Riocentro's installations have been ideally designed to host events both for professionals and the general public. In 2005, Riocentro hosted 76 trade shows and exhibitions with the Book show attracting more than 800.000 visitors.
GL events targets sales of €10 million (out of Pan-American Games revenues).
Installation contract for the Pan-American Games
The exhibition park will host the Pan-American Games in July 2007. 5,000 athletes will participate in these games representing 34 sports and originating from 42 countries.
For this event, GL events will provide temporary installations for sports events, International Broadcast centre and Press centre representing about €20 million sales.
GL events: a strategic acceleration
The Venue and Event Management strategy is to establish GL events as a reference in managing and marketing premium international venues. After Barcelona, London, Padua and Budapest, Rio de Janeiro perfectly completes the group's portfolio by:
- Strengthening its international network,
- Developing a position in the strong growth market of Brazil,
- Providing a base for future expansion in South America to further improve its offering of Global Services,
This new success once again highlights the pertinence of the group's growth strategy and the strength of its integrated business model.
Publication of 2006 first-quarter sales, 25 April (after trading hours)
GL events, bringing people together
Managing Director Corporate Finances and Administration : Erick ROSTAGNAT
Telephone : + 33 4 72 31 54 20
Fax : + 33 4 26 20 42 00
Email : email@example.com
Code ISIN : FR0000066672
Code Bloomberg : GLO FP
Code Reuter : GLTN.PA
Code FTSE : 581