Business

Marcolini’s global expansion continues

23 March 2017

Shortly after its move into China, Marcolini, the renowned Belgian chocolatier, already has its sights set on the United States and the Middle East.

Largest LPG tank in Europe coming to Antwerp

21 March 2017

The chemical company INEOS is to build Europe's largest LPG storage tank at the Port of Antwerp.

Two Belgians create the first external multifunctional battery for laptops

17 March 2017

Nancy and Quentin, a Belgian couple, created together the first external multifunctional battery for laptops. This 9mm thick battery is called "Line Dock” and has all the conventional adapters.

KBC Europe's most profitable bank

16 March 2017

The Belgian bank and insurance agency KBC is Europe's most profitable bank. KBC has a return on equity of 18 per cent, earning itself a place at the top of the list.

A Belgian start-up provides security at the Oscars

15 March 2017

The Flemish start-up, Ticto, attended the 89th Academy Awards Ceremony (the Oscars). But not just for any old reason.

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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