Business

Providing financial incentives for SMEs to innovate their products and processes

26 February 2025

Technological advances that align with corporate social responsibility benefit the planet. Three Antwerp SMEs have taken this to heart.

Belgium’s first fire-fighting aircraft are a scoop for the country

19 February 2025

With climate disruption making its mark, even northern Europe is seeing an increased need for air support in battling wildfires.

Transforming the former Renault site in Vilvoorde into an innovative urban development hub

30 January 2025

The Belgian real estate group WDP finds that the former Renault site in Vilvoorde offers unique long-term redevelopment potential.

Smart sportswear for improved performance and more rapid rehabilitation in elite athletes

09 January 2025

Today, the eyes or cameras of sports professionals provide inadequate information regarding the muscle quality and muscular function of elite athletes.

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.

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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