Business

Lotus achieves record profits

19 August 2016

Lotus Bakeries recorded historic growth in the first half of the year 2016. An increase in turnover of 31% and up to 256 million euros and a 53% growth of company profit of up to 43 million euros.

Agfa-Gevaert concludes contract with the Pentagon

16 August 2016

The Belgian company Agfa-Gevaert, based in Mortsel and active in the design and commercialisation of image-processing products, has won a contract with the American Ministry of Defence.

AB InBev headquarters to remain in Leuven

04 August 2016

AB InBev, the largest brewer in the world, confirmed in a press release today that its headquarters will remain in Leuven, also after the planned takeover of SABMiller.

The design of shade according to Umbrosa

28 July 2016

From the Maldives to the French Riviera, from Australia to Belgium, designer parasols made by the Belgian company Umbrosa can be found on the most beautiful terraces of palaces, resorts, restaurants a

Sioen has the wind in its sails

28 July 2016

On 27 July 2016, the Belgian company Sioen Industries NV announced the acquisition of Dimension-Polyant, the world market leader in sailcloth manufacturing for boats.

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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