The Minister of the Treasury and the Mayor of Poznań signed an agreement on the transfer of 60% of the shares in the Międzynarodowe Targi Poznańskie company by the State Treasury. The City of Poznań will now become the sole owner, holding 100% of the company’s shares. The Agreement amending the ownership structure of MTP was signed on October 5, 2015, at the premises of MTP by Andrzej Czerwiński, Minister of Treasury, and Jacek Jaśkowiak, Mayor of the City of Poznań. Until the signing of the agreement, the State Treasury held a 60 percent stake in the company. From the date of the municipalization agreement, Międzynarodowe Targi Poznańskie will be entirely owned by the City of Poznań. Międzynarodowe Targi Poznańskie company is a leader in the trade fair and conference organization market in Poland, and an important place for the exchange of business ideas in Poland. With our more than 90-year-long tradition, we are the longest operating exhibition company in Poland. Since its establishment until 1950s, MTP had been a municipal company. Later on, it became a unit of the Polish Foreign Trade Chamber based in Warsaw. In 1990, at the initiative of the authorities of the City of Poznań and in collaboration with the Ministry of Foreign Economic Cooperation, Międzynarodowe Targi Poznańskie sp. z o.o. was formed. As a result of the agreements concluded, the City of Poznań became a shareholder of the company, owning a package of 40% of its shares. The portfolio of MTP products includes more than one hundred trade fairs organized in annual or biennial cycles. In 2014, 69 trade fairs organized in the area of MTP in Poznań were attended by over 11 thousand exhibitors, including 2.5 thousand from abroad. Over 1 million 100 thousand visitors from around the world participated in trade fairs and conferences. Międzynarodowe Targi Poznańskie supports the promotion of Polish economy abroad. The company cooperates with ministries, Polish Agency for Enterprise Development, associations and chambers of commerce. It organizes national presentations at the world’s largest trade fairs. An example may be the Polish stand organized by MTP at the CeBIT fair of new technologies, which was visited by German Chancellor Angela Merkel, or the exhibition of our gaming industry at the ChinaJoy 2014 Fair in Shanghai. Międzynarodowe Targi Poznańskie executes the Furniture and Clothing Industry Promotion Programme and the Video Game Market. In recent years, under the General Promotion Programme of the Ministry of Economy, MTP have supported Polish business e.g. in the prospective markets of Kazakhstan and Canada, and at present they do the same in the Brazilian and Turkish market. Source: Poznan International Fair; photo: PIF and Marcin Melanowicz