Business

Blueberry becomes the first Belgian aerospace group

02 July 2020

A merger between Sabca and Sabena Aerospace has led to the largest group in the Belgian aerospace industry being put into orbit under the auspices of the federal State.

Galapagos, a promising future for Flemish biotech

19 June 2020

Based in Mechelen, in Flanders, Galapagos is a clinical-stage biotechnology company specialising in the discovery and development of medicines to combat inflammatory diseases.

A new antibacterial drug in development

19 June 2020

Due to the overuse of antibiotics, bacteria around the world are developing increasing resistance to antibiotics.

Janssen Pharmaceutica launches COVID-19 vaccine trials

17 June 2020

The pharmaceutical company Janssen Pharmaceutica, based in Antwerp, has announced that testing of the COVID-19 vaccine on humans will begin in mid-July.

BESIX builds bridges in Northern Europe

16 June 2020

In Norway, the Belgian construction group BESIX has been commissioned to build a 1,350-metre-long bridge over Lake Mjøsa, as well as a major stretch of motorway.

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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