Thursday February 18, 2021
Amsterdam instead of London
British companies move to the Netherlands
Brexit makes mainland Europe more attractive for British companies. You want to keep unhindered access to the internal market by moving. The Netherlands are particularly popular.
The Netherlands is attracting more and more companies from Great Britain because of Brexit. A record number of 550 companies are currently in talks with the agency for foreign investment about relocating or expanding to the Netherlands, such as the Foreign Investment Agency announced. Despite the corona crisis, 78 "Brexit" companies moved to the Netherlands last year, as many as in 2019.
"Not only is the number of contacts growing, the number of companies that have decided in favor of the Netherlands after Brexit is also increasing," the agency emphasized. The newcomers want to create a total of 6,000 jobs and invest 544 million euros in the first three years.
Amsterdam in particular arouses interest from the island. Mainly companies from the fields of trade and finance, medicine and agriculture as well as logistics and sales have settled there. You want to ensure that after Britain's exit from the EU, you will continue to have unhindered access to the European Union's internal market.
After Brexit, London had to relinquish its leading position among European trading centers to Amsterdam. More shares were traded on the stock exchanges there in January than on the Thames, according to data from the Cboe Europe futures exchange. According to this, the daily trading volume in Amsterdam was 9.2 billion euros, compared to 8.6 billion euros in London.
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