Pumps and Compressors 2023 | Page 13

Trade fairs abroad : Federal Ministry cuts budget

After two years of Covid-19-related standstill , companies can once again turn to trade fairs as an important sales channel for them and exhibit at domestic trade fairs such as IFAT , Achema and Hannover Messe . However , the German parliament recently cut the budget for the foreign trade fair program by a surprising 20 percent . As a result , some of the previous trade fairs will no longer be funded in the future .