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CORPORATE NEWSwww.exhibition-world.net Issue 2 | 20129EW PEOPLE ON THE MOVEUK - UBM has appointed a new chairman following John Botts' decision to retire from the publishing and events group's board in May. Dame Helen Alexander (1) joins UBM as chairman and non-executive director on top of her current roles including chairman of the Port of London Authority in the UK, chairman of Incisive Media, deputy chairman of Esures Group Holdings and non-executive director of the Rolls-Royce Group.USA - Hanley Wood, the parent company of Hanley Wood Exhibitions, has confi rmed the return of Peter Goldstone as CEO after a two-year break. Goldstone, who left in 2010 as a result of restructuring to become president of Atlantic Media's B2B division Government Executive Media Group, served Hanley Wood for 11 years, most recently as president.UK - ITE Group has announced its chairman Iain Paterson will step down after 10 years with the company. He will be replaced by Marco Sodi, who will also assume the chairmanship of the nomination and remuneration committees.THAILAND - The president of the Thailand Convention and Exhibition Bureau (TCEB) has resigned. Akapol Sorasuchart (2) submitted a resignation letter to the TCEB's board after almost two-and-a-half years in the role.GERMANY - Eyal Knoll has joined exhibition management consultancy JWC as partner and director of operations.EUROPETarsus Group, owner of the Dubai Air Show (pictured), has grown its group revenue by 42 per cent to £61.7m (US$99.6) and halved its debt as it builds its business in the US, China, Turkey and the Middle East.Like-for-like revenue growth, excluding foreign exchange movements, increased by eight per cent in a year that saw Tarsus make a series of acquisitions and divestments.Net interest expense increased slightly to £1.6m and reported profi t before tax was £3.0m, down on 2010 (£5.3m). However adjusted profi t before tax rose 77 per cent to £16.8m, or 15 per cent on a more accurately comparable biennial basis (2009: £14.6m).The substantial increase in adjusted profi t before tax can be attributed to a number of TARSUS REVENUES UP AMID FRENCH DISPOSALSone-off items relating to disposals, acquisitions and goodwill write-downs. These include an exceptional £1.4m of transactional costs from completed and pending acquisitions, a £2.3m profi t from the disposal of French subsidiary Modamont and a goodwill (non cash) write-down on the remaining French businesses of £8.4m. According to Tarsus, the goodwill write-down was taken as the carrying value of these French businesses and was altered as a result of the changed economic conditions in Europe.US$24m The estimated fi gure Tarsus will pay for 70% of Turkish organiser Life MediaGERMANYMESSE FRANKFURT NAMES NEW CONGRESS CENTREGerman venue owner and organiser Messe Frankfurt has named its new congress centre in Frankfurt's Europaviertel district.'Kap Europa' is hoped to diversify and expand the city's event business, and is billed as the world's fi rst congress facility with a German Sustainable Building Council (DGNB) certifi cate for sustainable building and operation. Kap Europa is a complement to the existing Congress Center built on Messe Frankfurt's exhibition grounds in 1997 and is planned to expand its event range.USACEIR STUDY SHOWS POSITIVE OUTLOOK FOR EXHIBITIONSA new study from the Center for Exhibition Industry Research (CEIR) claims the global exhibition market is bucking economic pressures.Despite a sluggish macro economy, CEIR's Index Report, An Analysis of the 2011 Exhibition Industry and Future Outlook, claimed the overall exhibition industry posted growth of 2.7 per cent, outpacing real GDP growth by one percentage point in 2011.Net square metres grew 2.7 per cent, while exhibitors were up 2.3 per cent and attendees increased 3.4 per cent.12 WORLD NEWSIssue 2 | 2012 www.10exhibition-world.netBRAZILUBM RAISES BUSINESS PLATFORM WITH RAIL DEALUBM has acquired South American railway industry exhibition Negocios nos Trilhos for an undisclosed sum. The trade show in Sao Paolo was owned by publishing and events fi rm, Grupo Revista Ferroviaria. Last year's show attracted 180 exhibitors from 14 countries and 7,000 railway professionals, and generated revenues of £1.6m (US$2.6m). The next edition is due to be held on 6-8 November 2012 and will complement UBM's Brazilian Intermodal transport exhibition.USACLARION ON BOARD FOR SEA-AIR EXPOClarion Events North America has been awarded a contract to manage the Navy League of the United States' annual Sea-Air-Space expo.According to the organiser, the Navy League selected Clarion Events following a six-month tender process. The contract begins with the 2013 edition and will see Clarion working closely with Navy League's staff and volunteer leadership team.The Sea-Air-Space exposition is held annually in Washington DC. The show covers the US defence industry, private sector and key military decision makers. "We selected Clarion Events to manage this event because of its worldwide experience in the defence industry, event planning and execution," Navy League senior director for corporate affairs Kevin Traver said. "They have a proven track record of success in strategic positioning and growth for dynamic organisations."TURKEYUBM TAPS NTSR TO CREATE TURKISH PLATFORMUBM has formed a strategic partnership with NTSR, a leading Turkish exhibition company, to create an operational and logistical hub for launching UBM's products into Turkey and the wider region.The deal, brokered by Mayfi eld Media, is hoped to help UBM bridge markets in Europe and Asia. NTSR is one of the best-known organisers in Turkey, with more than 30 years' experience.WE SELECTED CLARION TO MANAGE THIS EVENT BECAUSE OF ITS WORLDWIDE EXPERIENCE IN THE DEFENCE INDUSTRY - KEVIN TRACER, NAVY LEAGUEGLOBAL SNAPSHOT |