Koelnmesse made around EUR 365 million in 2024, the year of its 100th anniversary, according to preliminary figures. After a record operational result of EUR 42 million the year before, net profit is anticipated to be approximately EUR 20 million, despite falling just short of its own turnover target of EUR 369.5 million in the cyclically worse event year. Koelncongress, the fully owned subsidiary in charge of the congress, event and guest event business, contributed EUR 38 million to the group's 2024 revenue before consolidation.

Significant advancements in the Cologne trade show grounds, the growth of international commerce and the sustainability theme were the highlights of Koelnmesse's 2024 year. In a study by the Institute for Management and Economic Research (IMWF), Koelnmesse was chosen ‘Company of the Year’ by DEUTSCHLAND TEST and FOCUS MONEY for both 2024 and 2025. The German Pavilion 2025, the grand launch of the new Confex conference and exhibition venue, more strategic international growth and innovative steps taken to make the corporation and its own trade shows more resource-efficient by 2030 were among the highlights. The company cites a number of reasons for the little departure from its revenue projections. These include geopolitical unpredictability, overall economic stagnation and the ongoing decline in consumption.

Koelnmesse conducted 76 events worldwide, with over 34,500 exhibiting companies from 106 countries and over 2.1 million visitors from 197 countries participating in the events. The premier international trade shows ISM, spoga+gafa, gamescom, DMEXCO and ORGATEC were among the highlights of the Cologne trade show. Targeted worldwide presence enhancement was another area of attention in 2024. Since 2023, a total of 21 international trade shows have been established, with eight debuts in 2024 and nine more planned for 2025.

Koelnmesse intends to keep paving the way for sustainable event innovations and breaking into new markets in the upcoming year. In collaboration with the furniture industry, Koelnmesse updated its events in the furniture and furnishings sector in 2024, in addition to 10 inaugural events scheduled for 2025 in Germany and beyond. Beginning in 2025, Koelnmesse will provide two distinct trade show formats: imm cologne, a business-to-business event for the consumer-focused industry that will be held annually in January beginning in 2026, and idd cologne, a platform for the high-end sector that will take place every two years in October.

Gerald Böse, CEO of Koelnmesse GmbH, said, "Our 100th anniversary was an extraordinary year that reminded us of our origins and at the same time allowed us to look to the future. Our results impressively demonstrate stability and resilience in a challenging market environment."

Oliver Frese, COO of Koelnmesse, said, "Our annual events in 2024 consistently achieved the levels of the previous events and we maintained or even improved on the excellent figures of 2023. We performed significantly better at our biennial events last year than we did in 2022."

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Tegeta Green Planet opened the Light Vehicle Diagnostics course at Tegeta Academy with a presentation for attendees aged 17 to 33. Beyond their chosen vocational field, participants learned about automotive waste management and environmental responsibility.

Shalva Akhvlediani, the organisation’s director, outlined its activities and goals while emphasising Extended Producer Responsibility. The session examined how the automotive sector connects to environmental duty and why used tyres, waste oils and automotive batteries must be collected and managed properly.

Tyre management and RECSOL featured prominently. Attendees traced a used tyre’s path from collection to recycling and learned how waste becomes a source of new resources. RECSOL, Tegeta’s tyre recycling plant, is a significant infrastructure project in used tyre recycling, processing tyres into materials for various uses and supporting circular economy principles.

A core aim is a system where waste is not an endpoint but the starting point for new resources, which requires infrastructure alongside greater public awareness and information on proper disposal. For participants, the meeting linked professional education with environmental awareness, stressing that future automotive professionals should understand this responsibility early.

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Tyres Europe, alongside ACEA (the European Automobile Manufacturers’ Association) and CLEPA (the European Association of Automotive Suppliers), has dispatched a joint communication to EU decision-makers concerning the possible broadening of the Carbon Border Adjustment Mechanism (CBAM) to cover downstream goods. The move comes as trilogue discussions approach.

Tyre producers form part of an automotive value chain already bearing carbon-related expenses for steel and aluminium manufactured within Europe. The proposed expansion would draw additional products into the mechanism’s remit before the existing framework has demonstrated its effectiveness. Resulting costs and administrative requirements would land on downstream manufacturers, tyre makers included, with signatories cautioning that a conceptually sound regulatory effort could become an operational and financial strain.

Endorsing the mechanism’s aims, the signatories nonetheless urge a proportionate scope that shields the entire value chain from carbon leakage while preventing that risk from being pushed further downstream. They advocate extending the mechanism only where a material carbon-leakage danger is evidenced, and request that policymakers ease compliance demands, including via more fitting default values mirroring real production routes.

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NEXEN TIRE has extended its partnership with Zalgiris, reinforcing its commitment to basketball in Europe, particularly across the Baltic region. The renewal builds on a relationship that began in 2024 and reflects the company’s broader strategy of linking its brand to performance, innovation and mobility.

The tyre maker has pursued sports partnerships as a way to connect with fans, sharing in the passion and excitement of supporting favourite teams during major matches and memorable moments. It also values the teamwork, dedication and collective achievement that define team sports, using such ties to build authentic connections and deepen engagement in key European markets. Its collaboration with clubs including Zalgiris and FC Bayern München forms part of this approach.

Under the extended agreement, NEXEN TIRE will gain greater visibility among sports fans in the region. The partnership offers branding opportunities at Zalgirio Arena, such as synchronised on-screen advertising and promotion on LED stands near the court, in a position visible on television during EuroLeague and LKL home games.

The arrangement also includes a hospitality programme allowing NEXEN TIRE to welcome guests and business partners at Zalgiris home fixtures. Through the strengthened alliance, the company aims to share its passion with more fans while raising brand awareness across the region.

Ricky Lee, Managing Director, NEXEN TIRE Poland, said, “Our cooperation with Zalgiris has developed positively since 2024, and we are pleased to extend and strengthen this partnership. Basketball has a particularly strong following in the Baltic region, making Zalgiris an important partner as we continue to grow our presence and engage with fans. We look forward to supporting the team throughout the season and doing our best to create positive experiences for both the players and their passionate fans.”

Paulius Jankunas, President, Zalgiris, said, “We are delighted to continue our cooperation with NEXEN TIRE and build on the partnership we started two years ago. NEXEN TIRE brings extensive experience in sports marketing, and we are proud to work together on creating meaningful projects and experiences for our fans. We look forward to another successful period of cooperation and to welcoming NEXEN TIRE’s guests and partners to our games and events.”

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TBC Corporation, one of North America’s largest marketers of automotive replacement tyres through wholesale and franchise operations, has widened its tyre portfolio through the addition of four new lines under the Multi-Mile Tyres banner. Serving as a value step-up brand, Multi-Mile gives dealers a strong mix of broader product coverage and improved consumer advantages crafted to drive better retail margins, helping retailers offer greater value while lifting profitability. With this expansion, the portfolio now reaches over 85 percent of the vehicle market, offering dealers more ways to satisfy customer demand.

Among the additions are tyres built for rugged and mud terrain use, boasting self-cleaning treads that push out mud and stones alongside dependable traction both on and off the road. Also joining the range are commercial and C-metric speciality tyres tailored to heavy-duty regional and long-haul trucks, together with all-weather tyres that hold the 3-Peak Mountain Snowflake severe snow rating and are made for high mileage and consistent year-round use.

A prominent name in the replacement tyre segment, Multi-Mile carries cutting-edge touring, high-performance and broad-line tyres suited to passenger cars, light trucks and SUVs. Meanwhile, the upgraded Mile After Mile Protection Plan warranty now delivers broader coverage, adding three-year roadside assistance, a three-year road hazard protection plan and a 60-day ride guarantee on top of its extensive treadwear warranties.

Rachel Tibor, Chief Marketing Officer, TBC Wholesale, said, “For more than 70 years, Multi-Mile products have offered cost-efficient, reliable and durable tyre options that enhance safety and performance. With this expanded portfolio, Multi-Mile strengthens its position as a value step-up brand, giving dealers more opportunities to meet evolving consumer needs while offering a product mix designed to support stronger retail margins. We’re continuing our longstanding tradition of supplying the right products at the right time for every type of vehicle and application.”

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