“Our hearts still say yes, but our brains say no. In this case, it is better to listen to our brains!”, said Peter Ottmann, CEO NürnbergMesse Group. His CEO colleague Dr. Roland Fleck made the following comment on the jointly reached decision: “Postponing the start of construction was not an easy decision for either of us. But in the midst of the coronavirus turmoil, for which we are of course not responsible, the first priority is to conserve the company’s liquidity!”
As a result of the coronavirus crisis, NürnbergMesse must lower costs to maintain profitability and reduce expenditures that drain liquidity. This also means stretching out planned investments, which is why the planned start of construction of the new exhibition building, which had been planned for next year, is now being postponed. The same applies to the planned “The Key” office building in the Nuremberg Exhibition Centre, the construction of which has also been postponed.
However, the two CEOs also said: “Postponed does not mean abandoned! Even now, we have a functional exhibition centre that offers attractive conditions for trade fairs, congresses and events. We are firmly convinced that after the coronavirus pandemic recedes we will once again successfully hold exhibitions, initially without the new building but then, in the medium term, with our future architectural milestone, the new NCC Süd!”
