Hungexpo C. Co. Ltd. is Hungary's recognised top exhibition organising company. With 40 years experience, it has been the leading actor of the domestic market since 1967. The unique pivot of its success is its own permanent exhibition site, the HUNGEXPO Budapest Fair Center. Hungexpo C. Co. Ltd. organises high level trade fairs and exhibitions at home and abroad. Through extended international relations and representation network, it is aiming from both exhibiting and trade aspects to become a determining exhibition organiser in East-Central Europe. Another prominent scope of Hungexpo C. Co. Ltd. is the commercial sale of the HUNGEXPO Budapest Fair Center - as an exhibiting and conference site. In 1999 Hungexpo C. Co. Ltd. won in the service field the most prestigious quality classification, the National Quality Award. Hungexpo has been a joint stock company since 20 October 1990. After a long period, the privatization procedure of Hungexpo has finished in July of 2005. The winner of the privatization bid was the consortium leaded by the french GL events group. The new owner's business plan provided for an investment program of €20 million. The development has begun in April 2007 when the foundation-stone of new, multifuncional G pavilion was layed. It was inaugurated in October of 2008 when surrounding grounds improvements were also finished.