Hurting in Russia, events organiser ITE seeks growth elsewhere

ITETrade exhibition and conference organiser ITE Group Plc, hit by a plunging Russian rouble and political upheaval in Ukraine, is looking elsewhere for growth, its CEO told Reuters last week. More than half of the 230 exhibitions and conferences organised every year by ITE take place in Russia and Ukraine. The company’s stock has lost 44 percent of its value this year.

For the full story read Reuters

Recently ITE postponed its Trans Asia launch as revealed in the ITE website here