Consell’s general assembly plans to approve the transfer of assets and liabilities of Alicante Fair Association (IFA) to Fira Alacant this Friday., the new community to take over the reins of space. The aim is to accelerate the transition as much as possible so that the new company is operational for all purposes on April 1.
The IFA Board of Trustees held its last meeting on the 17th, which in practice meant the liquidation of the organization that has so far managed the trade fair. Just three days ago, he had confirmed his last accounts, last year’s accounts. Generalitat has a surplus of 32,800 euros after assuming all debt in exchange for retaining ownership of the pavilions and the land of the unsuccessful expansion of the enclosure.
All of them not only keep the fair alive, but also expanding its activity by signing agreements with other operators, allowing new competitions to be brought in from abroadAn option already explored with Frankfurt or Milan.
This transformation process includes the transfer of assets and liabilities to Fira Alacant, which will receive Council approval this Friday, according to Ministry of Economy sources. The transaction will then be published in the Trade Registry Official Gazette (Borme), Opening a one-month period for those who think they have been affected to file a complaint. Thus, after the final approval of the contract by Consell, the new company is expected to take over the management definitively on April 1, effective January 1.