IFEMA Feria de Madrid

IFEMA is at the core of Madrid's business scene and acts as a clear benchmark in the international show and conference sector, rising as a strategic engine for the region's development. Ever since the consortium was created in 1980 by the Community of Madrid, the City Council of Madrid, the Chamber of Commerce and Industry and the Montemadrid Foundation, IFEMA has played a vital role in boosting the economy and business, generating wealth in its surroundings and promoting Madrid's brand – and therefore Spain's – on an international scale.

The financial effects of IFEMA's activity on the city and region of Madrid as a driver of business tourism account for 2 billion euros a year, roughly 1% of the region's GDP, and some 40,000 direct and indirect jobs. Thanks to its self-management model and its financial capacity, over the years IFEMA has drawn over 80 million visitors to Madrid and some 550,000 businesses that have taken part in the nearly 2000 events held. This bubbling activity has produced an estimated financial impact of 23.6 billion euros since its inception.