As part of a press conference with the media and key stakeholders, the MCH Group presented the results of the value creation study conducted by the economic research institute BAK Economics AG. The study highlights the significant economic impact of the MCH Group on Basel. Every Swiss franc generated by the MCH Group in Basel creates an additional 4.50 CHF in other sectors of the region. In total, the activities of the MCH Group created a gross value added of 330 million Swiss francs for Switzerland in 2023, of which 201 million Swiss francs remain in Basel-Stadt. Group CEO Florian Faber emphasized: “As a leading organizer of trade fairs, congresses, and events in Switzerland, we are a significant driving force for the regional economy. The current value creation study demonstrates the long-term benefits that our national and international events generate for Basel.”
“The current value creation study demonstrates the long-term benefits that our national and international events generate for Basel.”
Florian Faber, Group CEO MCH Group
The events of the MCH Group attract hundreds of thousands of visitors each year, which particularly strengthens the region’s tourism and hospitality sectors. The events recorded around 700,000 visitors in 2023, with further growth expected in 2024. Roman Imgrüth, CEO of Exhibitions & Events, highlighted the strong demand for MCH Group platforms for networking and knowledge exchange, despite changing market conditions.
In addition to directly creating jobs, the MCH Group plays an important role as a catalyst for consumer spending in the region: each position at the MCH Group supports five additional jobs along the value chains, amounting to approximately 1,700 full-time positions (FTE) and a gross wage sum of 141 million Swiss francs. Local sectors such as hospitality, gastronomy, and retail also directly benefit, generating total revenues of 105 million Swiss francs.
Florian Faber emphasized: ‘We are proud to be a central economic engine for Basel and see it as our responsibility to sustainably strengthen and develop the region. With over 100 years of tradition, the MCH Group remains closely connected to Basel and makes an important contribution to the attractiveness and dynamism of the city.”
Value Creation Study
Value Creation Study