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➡️ Did you know that European Machinery and Equipment manufacturers export for approx. €58 billion* to the USA? This makes the USA one of the TOP export markets for European companies / members of the VDMA. ➡️ Online event: USA market - potentials for European Machine builders with best practices on Monday, January 22nd, 15:00 o’clock (Amsterdam time) ➡️ Benefits / what can you gain: - What are the market potentials and trends? - Overview of USA Industry Policies - How can European companies benefit from: USA Inflation Reduction Act / IRA, Chips & Science Act, Infrastructure Investment and Jobs Act? - Outlook USA Elections 2024 - USA / EU / global location attractiveness comparison for production set-up/relocation/reshoring - USA Market: dialogue about best practices and experience by VDMA member companies as well as about the challenges entrepreneurs face - First hand insights into the VDMA services, dialogue with key USA experts and overview of upcoming events, business trips and trade fairs ➡️ Registration via the link: (exclusively for VDMA Members) https://lnkd.in/es-v5pwW #USA #Washington, #Chicago, #Delegationtrip, #Taxcredits, #InflationReductionAct, #Networking, #VDMA, #Membership, #Benefits, #ForeignTrade #VDMABenelux Maja Alic (Seferovic) Andrew Adair Shawn Bengali, Arjan Schmits Sandra M. Ulrich Ackermann Michal Bronowski, Raffaele Talarico, PhD Additional information: VDMA USA https://www.vdma.org/usa *Year 2022 source: Eurostat & VDMA

Coiltech Deutschland is one of the most international industrial B2B trade fairs in Germany: in 2023, almost 40% of the visitors came from outside (2022 edition: 33%). For the upcoming edition, we anticipate attendees from all continents, validating Coiltech's expanding global influence. 𝐖𝐡𝐲 𝐈𝐭'𝐬 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭: Visitors do not only attend an exhibition to see the offerings of exhibitors or to witness a technical presentation at the conference but also to network with other professionals in the field. The more international an event is, the more opportunities to engage beyond the boundaries there are. 𝐖𝐡𝐲 𝐀𝐮𝐠𝐬𝐛𝐮𝐫𝐠 𝐢𝐬 𝐚 𝐒𝐦𝐚𝐫𝐭 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧: Due to its location in southern Germany, Coiltech is the easily accessible #CoilWinding exhibition for the domestic industry insiders. International attendees get there easily thanks to the proximity to the 𝐌𝐮𝐧𝐢𝐜𝐡 𝐀𝐢𝐫𝐩𝐨𝐫𝐭, Germany's second-largest hub, with direct flights from around the globe. This allows attendees to use the valuable time they set aside for the exhibition at the trade show rather than wait for connecting flights or on the road. 𝐖𝐡𝐞𝐫𝐞 𝐚𝐧𝐝 𝐇𝐨𝐰 𝐖𝐞 𝐖𝐞𝐥𝐜𝐨𝐦𝐞 𝐈𝐧𝐭𝐞𝐫𝐜𝐨𝐧𝐭𝐢𝐧𝐞𝐧𝐭𝐚𝐥 𝐀𝐭𝐭𝐞𝐧𝐝𝐞𝐞𝐬: Right at the airport. A limousine shuttle service picks them up and takes them straight to the venue. And since so many people are coming from all over the world, the networking starts already on the way to the exhibition and keeps going on the way back to the airport. 𝐖𝐡𝐨 𝐂𝐚𝐧 𝐔𝐬𝐞 𝐭𝐡𝐞 𝐒𝐡𝐮𝐭𝐭𝐥𝐞: This shuttle service is open to both preregistered visitors and accredited staff of exhibitors. It is free of charge for those who secure their spot on the shuttle by March 15th. 𝐖𝐡𝐲 𝐖𝐞 𝐃𝐨 𝐓𝐡𝐢𝐬: The top priority of Coiltech and the venue, Messe Augsburg, is the attendees' experience. The more time visitors stay at the venue, the more exhibitors they meet and, hence, the more business our show generates. We thank Messe Augsburg for their support in helping to provide this service. #transformers #alternators #pumps #electricmotors

The countdown is on for Multimodal 2024 #Transportation #TransportationNews #SupplyChain @transportmonth

Germany's exhibition industry is at a pivotal moment, with growing scrutiny and potential regulatory changes challenging its traditional operations. Key issues include conflicts of interest in trade fair organizations, lack of transparency, and uneven playing field due to subsidies. This situation offers an opportunity for market evolution and innovation, reshaping the industry's future. https://hubs.li/Q02cyvJj0

A storm is brewing in the German exhibition industry. Some welcome the winds of change, while others cling to the status quo. The source of the turmoil is the growing scrutiny on how “Messes”—the German term for trade fairs—operate and are regulated in Germany. A recent article in the German business and financial newspaper Handelsblatt rang the bell. The German competition authority Bundeskartellamt is taking a closer look at the country’s exhibition sector. It is responding to grievances from private exhibition organizers who claim that the “Messes,” which are publicly owned, play dirty by reserving the best dates for their shows, a widespread practice in Germany among all its “Messes.” On top of that, they are also accused of enjoying lower hall rental prices. More: https://lnkd.in/ggJ8DtiN

"Competition Watchdogs Target Exhibition Industry." Very interesting, but not surprising. When I entered the tradeshow industry it was quite competitive; very publicly so; especially among the private organizers. While there was a certain amount of camaraderie among executives at industry events (far fewer at the time) all was fair in love and tradeshows. Firms tried to take market share/entire shows by any means necessary. Co-opting sponsors/key exhibitors/personnel; blocking events from halls on claims of same audience within a 90 day time frame, telling contractors they would lose their business if they worked for a competitor, creating one-and-done events to block new shows in open time frames, and very aggressive promo citing negative aspects of other shows. In my own experience, the producers of an MS-DOS oriented show attempted to block my UNIX show at Javits, based on a 60 day gap between “similar” shows. Comparing DOS and Unix audiences was like comparing apples and moon rocks. However, they had sway at Javits. Fortunately, our lawyers had political clout; we won, but were worried. Hey, they took a shot. Nothing personal, just business. The success/re-growth of shows since the reopening has been exceptional. At some point, this will slow down to pre-covid rates. “The new normal will look much like the old normal” as far as grinding out profits wherever they can be found. There will also be a "tyranny of large numbers" issue for major firms where acquisitions/new shows will have a diminishing effect on bottom lines; exacerbated by a shrinking pool of major acquisition targets. The dream of acquiring US Assn. shows will remain elusive, for the most part, based on the size and importance of the revenues the shows provide. These issues will help foster increased competition among shows. While status quo for tradeshows is always a safe bet, the possibility of major disruptors causing more competition does exist. Exhibit pricing is one possibility. Educated exhibitors may wonder why shows are more expensive than ever, while costs for non-natural-resource related items in competitive markets go down; eg: smartphones and internet service. CEO’s may wonder why they operate on razor-thin direct profit margins, while shows can return 40-70%. Could the tradeshow equivalent of “cord cutting” in cable TV happen? Could exhibitors haggle price or form buying co-ops? Could a Michael Dell type “open the books” and explain (and prove) that the same product can be delivered at much less cost? I plan full articles about these issues; along with my take on the reimagined tradeshow management firm and how it addresses an increasingly competitive landscape and potential disruptions; but for now, I’ll end with a recent example of fierce/targeted competition: Amazon Prime TV secured rights to show the first NFL game on Black Friday. Keep viewers out of brick and mortar and “help” them do their shopping online. Brick & Mortar, the ball’s in your court for 2024

How do associations justify their membership fees today? Part of it is organizing trade shows and making sure they are relevant. We join John T. Kelley, CEO from CES and Valentina Khystova of Ukrainian Associaton of Furniture Manufacturers (UAFM) as they discuss how they are evolving their shows in the face of rapid transformation. #TradeShows #IndustryLeaders #EventInnovation #BusinessNetworking #AssociationManagement

Gusztav Bacher published an article with his remarks on a Hungarian Supreme Court (Kúria) decision in the latest edition of the German IHR (Internationales Handelsrecht) magazine: “Claim for goodwill damages against the supplier arising from refusal of delivery”. Gusztáv summarizes the case of an agreement between a German manufacturer and a Hungarian trader resulting in unpaid invoices and damage claims for refusal of supply, including claim for non-material loss and goodwill damages. The article is in English. The magazine is available at the Verlag Dr. Otto Schmidt: https://lnkd.in/dmDnbfE8 #supplychain #supremecourt #legaladvice

When curtains fall on an event various stakeholders -- #organizers, #venue, #vendors, #industry, #investors, #academia and policy makers -- get impacted. It's a collective loss. From an observation standpoint, it also reflects the health on an industry in the market economy. However, very less attention, if any, is paid on variable factors shaping the market. I think, events -- #tradefairs and #conferences -- are solid indicators to get get the pulse of any industry, as well as get a grasp on country's trade and national policy. This is becomes more evident once someone goes through the press and media releases of cancelled and shelved events. A trade fair with more than 100 years of history is not just some trade fair. It transforms into an institution. So, when an institution is lost -- even for economic reasons -- an ecosystem parts away with some #knowledge, #networks, #talent and #capital. The 'why' of events might still differ from nation to nation, nevertheless we can all agree that they do play a role in nation building. #meetinindia #digitalindia #eventprofs https://lnkd.in/dMAvVBrJ