Competition office starts examination of Brno fair company

The Czech competition office has started to probe the takeover by Brno City Council of the company behind most of the city’s international trade fairs, Veletrhy Brno. The city council last year bought a 61 percent stake in the fairs company from a Dusseldorf company for 224 million euros. The German company has been running the Brno fairs site and events for 17 years. Brno is particularly noted for its annual engineering and farm technology fairs.