Foreign Investment Trophy 2021: celebrating the most outstanding foreign investment projects in Flanders

Foreign Investment Trophy 2021

On Thursday 22 April 2021, Flanders Investment & Trade (FIT) celebrated international firms with investment projects in Flanders, the northern region of Belgium. This happened during the ninth edition of the Foreign Investment Trophy ceremony.  

Two trophies were presented: the Lifetime Achievement Trophy and the Foreign Investment of the Year Trophy.  

Meet the winners

2021 Foreign Investment of the Year Trophy: Kuehne+Nagel (Switzerland)

Kuehne+Nagel won the 2021 Foreign Investment of the Year Trophy. Flanders’ Minister-President Jan Jambon announced this in the presence of Tobias Jerschke, Managing Director Kuehne+Nagel Belux. 

In 2020, Kuehne+Nagel opened a logistics center for pharma and medical products at Brucargo, the freight area of Brussels Airport in Machelen (Flanders). The Swiss logistics player also started constructing a EUR 75-million European distribution center in Tessenderlo.  

“With these projects, Kuehne+Nagel not only confirms Flanders’ traditional strengths but also the innovative clout of our logistics sector,” commented the Minister-President.  

Kuehne+Nagel emerged victorious after two rounds of voting by a professional jury and the public online. The Swiss firm won out over two other nominated investment projects: that of French engineering company ECA GROUP and that of Belgian-Dutch logistics services provider Bleckmann and British fitness apparel & accessories brand Gymshark.  

Learn more about Kuehne+Nagel’s winning project

 

2021 Lifetime Achievement Trophy: Atlas Copco (Sweden)

Swedish industrial group Atlas Copco received the 2021 Lifetime Achievement Trophy. This was announced by Flanders’ Minister-President Jan Jambon in the presence of Alex Bongaerts, VP Holding Benelux, France & UK/Ireland at Atlas Copco Airpower.  

Atlas Copco first settled in Belgium in 1955 with the opening of a sales and service company in Brussels that soon after moved to Overijse, Flanders. Nowadays, the group employs 3,400+ people in the region and almost 60% of the total group revenue is generated by two business areas headquartered in Flanders. Moreover, thanks to local strengths, Atlas Copco can carry out intensive R&D in Flanders and apply for patents for an average of 30 inventions per year.  

“The Lifetime Achievement Trophy is a token of appreciation for the strong ties between Atlas Copco and Flanders as well as for their long, successful track record in our region,” commented Flanders’ Minister-President Jan Jambon. “Moreover, during a visit to Atlas Copco in July 2020, I was able to see that the company is a role model for digitalization, sustainability and competence development.”  

“The fact that Atlas Copco is a loyal investor is also demonstrated by recent projects,” added Claire Tillekaerts, CEO of Flanders Investment  & Trade. “Even in times of COVID-19, the company’s investment rhythm remained up to par. In doing so, investing in people and corporate social responsibility was clearly key – and, as such, the Swedish group has set an example for international entrepreneurship in Flanders’ manufacturing industry.” 

> Discover Atlas Copco’s track record in Flanders

 

 

#FITtrophy2021 on social media

Explore the Trophy hall of fame

Since its first edition in 2013, we have welcomed nominees and winners from around the globe. 

Dive into their fascinating stories

Look back on the 2021 edition!

Watch the making of video  or check out our Flickr account to relive the the Foreign Investment Trophy. 

 

Hosted by Flanders Investment & Trade

Flanders Investment & Trade (FIT) actively promotes sustainable international business in Flanders as a key element of the region’s socio-economic development. FIT accomplishes this by supporting Flanders-based companies in their international business ventures and by attracting foreign investors. FIT assists businesses across Flanders in their international endeavors and provides custom advice and support. Companies can call on the agency’s local and international networks of contacts, while FIT also offers financial support and information about the financial incentives available.