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Munich gets a trade-fair corporation
The founding on April 1, 1964
The Munich Trade Fair Corporation (MMG) is founded on April 1, 1964, creating a foundation for holding professional trade fairs and exhibitions in Munich. Its shareholders are the City of Munich, the State of Bavaria, the Chambers of Commerce and Industry for Munich and Upper Bavaria and the Chamber of Skilled Trades. "The objective is to give the Munich economy an international marketplace—a marketplace that serves as a source of impetus for worldwide connections, mutual relations and personal contacts," says Joachim Hietzig, Managing Director as of 1966, later explaining MMG's ambitions.