Business

Belgian company to make vaccines more accessible in developing countries

18 January 2017

The Belgian biotechnology company Univercells, based in Gosselies, is receiving 12 million US dollars from the Bill & Melinda Gates Foundation to develop a platform which is able to produce vaccin

Clement Hiel wins prestigious American innovation prize

16 January 2017

The Belgian engineer Clement Hiel has won the Tibbetts Award, a prestigious American prize for innovation.

Riiot Labs wins an award in Las Vegas for its swimming pool water analyser

08 January 2017

The Liege-based start-up Riiot Labs has developed blue by Riiot, a smart swimming pool water analyser.

Belgian environmental company penetrates the Japanese and American markets

23 December 2016

The Belgian company OWS has been successful in winning contracts to extract biogas from household waste in Japan and the United States.

Belgian female top executive at the head of European SME umbrella organisation

16 December 2016

The Belgian Véronique Willems was unanimously elected as the new Secretary-General of UEAPME, the European SME employers' association.

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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