Business

The world's first circular microcomputer made in Belgium

05 December 2024

Belgian start-up Citronics is able to manufacture and market microcomputers by re-purposing old smartphones. A world first!

Belgian company chosen for high-profile restoration

28 November 2024

Royal Manufacturers De Wit, a Belgian enterprise based in Mechelen, have been trusted with cleaning and restoring some highly valuable tapestry from a land far, far away.

Strong growth in Belgian B Corp-certified companies

19 November 2024

More and more companies in Belgium are obtaining B Corp certification for sustainability and social commitment.

IMEC Genk finishes prototype revolutionary car battery

10 October 2024

In time, the lithium-ion liquid battery in electric cars may possibly be replaced by the safer solid-state variant which is much more powerful and far quicker to charge.

Belgium is home to the world's first refinery to be awarded the B Corp sustainability label

03 October 2024

The Fontenoy sugar factory has obtained B Corp certification. It's the first sugar factory in the world to be able to display this sustainability label.

Location, infrastructure and a quality workforce

Belgium occupies an important position on the economic chessboard. It is ranked 11th country in the world for the export of merchandise (WTO-2019 Report) and is a favourite destination for investors. Every year, billions of euros of foreign direct investment are made in Belgium.

Belgium offers the opportunity to reach 200 million consumers in a radius of 500 kilometres thanks to its central geographic position and its quality logistics infrastructures. Sea ports, inland ports, canals, airports, rail, road and motorway networks: the various communication channels in Belgium are constantly being adapted to the needs of the economy. For example, the port of Antwerp is the 2nd busiest European port and has the largest petrochemical complex in Europe. The city of Antwerp is the diamond capital with 80 % of the market in rough diamonds and 50 % in polished diamonds.

There are many other reasons to explain Belgium's economic success including a highly-qualified, multi-lingual and flexible workforce, proximity with the international decision-making sphere based in Brussels, many financial and tax incentives, affordable property prices, legendary hospitality, excellent social security and more.

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