Business

Export of Belgian food is booming

21 January 2016

Between 2000 and 2014 the trade in Belgian agri-food products has increased by 86.1% and more than doubled with countries outside of the European Union.

A Belgian CEO for Henkel

19 January 2016

As from 1 May, Antwerp-based Hans Van Bylen will be at the head of Henkel, the German multinational that is active worldwide in the production and sales of detergents, cosmetics and adhesives.

Million-dollar deal for Complix

06 January 2016

The biopharmaceutical company Complix has sealed a deal worth millions with the American pharmaceutical company Merck & Co.

Galapagos excels during great year for the Brussels stock exchange

02 January 2016

During this past year Galapagos truly excelled on the Brussels stock exchange. The share of the biotechnology company rose by no less than 271 percent in 2015.

AB Inbev to become largest brewery

11 November 2015

The beer giant AB Inbev in Leuven is taking over its South African competitor SABMiller. It is one of the largest company takeovers ever.

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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