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MCI boss says BRIC nations blocked growth

The economic slowdown in emerging national economies has hurt the permance of global event organisers. Sebastien Tondeur, CEO at MCI Global, said that instability in the Middle East has also impacted negatively on the international events industry. MCI is headquartered in Geneva with offices in the UK and Ireland. According to its latest financial results, EBITDA fell from €15,693,000 to €11,100,000 in 2014 and net profit fell from €5,402,000 to €790,000.