Wednesday, August 23, 2017

Formica to host Innoprom 2013

Formica, a Moscow-based manufacturing company, has won a bid to organize and host the Ural International Exhibition and Forum Innoprom 2013.

Formica, which has organized the event since 2010, was selected over such companies as Business Event and SP Ogilvi to host this year's Innoprom. The Ural Exhibitions company was disqualified for consideration due to scheduling conflicts, according to Ural Business Consulting.

Formica's winning bid is valued at $3.2 million, marking a $1.6 million decrease against the opening bid for hosting rights to Innoprom 2013, Ural Business Consulting reports.