Business

Belgian boots around the world

21 June 2022

Quintessential Belgian classics such as chocolate, waffles and beer will soon be joined by a non-food item: the innovative leisure and safety boots from Bekina Boots made in Kluisbergen.

Belgium invests more and more in green hydrogen

20 June 2022

With the construction of a very large electrolyser production unit, the John Cockerill group is emerging as a key player in the production of green hydrogen worldwide.

Sensors to optimise customer flow in stores

15 June 2022

Simply browsing a store for the desired item is not efficient for the customer, and not very interesting for the trader. ULB spin-off and Belgian start-up Amoobi, from Nivelles, understands this.

Hydrotug, the world's first hydrogen-powered tugboat: a true Belgian innovation

13 June 2022

CMB.TECH, a division of the Antwerp-based shipping company Compagnie Maritime Belge (CMB), has built a world first: a tugboat with a hydrogen-powered internal combustion engine.

Two Belgians make jewels from the crown of England weightless

09 June 2022

Thanks to its gravity window, Liège-based company Levita allowed 17 tiaras that belonged to the royal families of Europe to be admired as they levitated in the windows of Sotheby's.

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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