Business

Imec invents ‘unhackable’ car key

20 May 2019

Imec, the Leuven-based research centre, will make electronic car theft via key hacking much more difficult by using Bluetooth Low Energy (BLE) chip technology.

Painter Pieter Bruegel the Elder is now taking the plane too

16 May 2019

Flight operator Brussels Airlines has added a 6th themed aircraft to its Belgian Icons aircraft series.

Belgium exports sand to the Middle East

10 May 2019

The Rolls-Royce of sand is Belgian and can be found on horseracing tracks around the world.

Trainers made from apple leather: a Belgian invention

09 May 2019

Belgian brand Komrads is set to market the first trainers made from the fermented pulp of apple peel.

Contraceptive pill from Liège-based biopharma company, Mithra, wins ‘essenscia Innovation Award 2019’

12 April 2019

This year, the biannual essenscia Innovation Award, Belgium's most prestigious prize for industrial innovation, went to Mithra, the Liège-based biopharma company, for their development of Estelle

Location, infrastructure and a quality workforce

Belgium occupies an important position on the economic chessboard. It is ranked 12th country in the world for the export of merchandise (WTO-2014 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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