At the recent Event Forum Europe+Asia in St. Petersburg, the management of Expocentr Krasnaya Presnya in Moscow announced that an additional venue will be built outside of the city adjacent to the Vnukovo airport. A land plot of 104 hectares has been transferred from the authorities of the Moscow region to be part of the new Moscow city development. The blessing of the Russian federal government was given, yet the detailed approval procedures are currently running.

The new venue will be built in two phases, the first phase comprising around 120.000 sqm of covered hall space to be operational by late 2014 or at the beginning of 2015. The investment into the new project is estimated by industry sources to sum up to not less than €1 bn. In the final phase Vnukovo Expo Center will have a maximum size of 249.000 sqm of covered hall space ... Read more »