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Friday, February 26, 2021

The Netherlands: More than 100 North and South American Companies go Dutch in 2020

In 2020, 305 foreign companies chose to establish or expand operations in the Netherlands, according to the annual results of Invest in Holland and the Netherlands Foreign Investment Agency (NFIA) released today. These companies from around the globe expect to create more than 8,600 direct jobs in the first three years and invest 1.9 billion euros in their projects. Although the coronavirus is causing the Netherlands to attract fewer foreign companies, there is a constant flow of new companies as a result of Brexit.

U.S. and Canadian companies like Beyond Meat, Crocs, MSD, Inshur and McCain Foods tallied 100 direct investment projects in the Netherlands in 2020, accounting for nearly one-third of the foreign investment projects that NFIA and its partners were directly involved in worldwide.

Companies from North and South America are expected to invest close to 1.1 billion euros and generate 3,971 new jobs in the Netherlands by 2023. Expansion and relocation projects involved marketing and sales offices, distribution centers, European headquarters, manufacturing facilities and R&D in a range of industries from information technology and agrifood to life sciences & health.

Read more at: More than 100 North and South American Companies go Dutch in 2020