Meet the nominees and winners of the Foreign Investment Trophy

Since our first edition in 2013, the Foreign Investment Trophy has welcomed several amazing companies onto the stage. They all have at least one thing in common: a love for Flanders, its central location, its people, and the many incredible assets our region offers to businesses everywhere.

Edition 2017

Investment of the Year winner

  • Sanofi (France)
    French biopharma giant Sanofi expanded its biotech factory in Geel (Flanders), funneling no less than EUR 300 million into the site. The aim? To increase production capacity and biomolecule development for the creation of the latest generation of biological medicines.

Investment of the Year nominees 

  • UPS (US)
    With an investment of EUR 4 million, the largest parcel service provider in the world constructed a new distribution center in Lummen (Flanders) to manage its growing client base in Europe.


  • Daikin (Japan)
    Innovative air-conditioning solutions manufacturer Daikin invested EUR 25.5 million in Flanders, EUR 6.6 million of which in R&D at its site in Oostende (Flanders).
  • IVC (US)
    A subsidiary of US-based multinational Mohawk Industries, IVC strengthened its position as a world-leading manufacturer of premium vinyl flooring by expanding its production site in Avelgem (Flanders). This totaled an investment of EUR 110 million.


  • Decathlon (France)
    French sports goods retailer Decathlon decided to up the ante by constructing a new, bigger distribution center and plans to manage its e-commerce logistics in Belgium and the Netherlands from Flanders. Decathlon channeled EUR 7.11 million into its Willebroek site.

Lifetime Achievement Trophy winner

  • BASF (Germany)
    German chemical giant BASF has been present in Flanders since 1964. Over the last few decades, the company has invested heavily in Antwerp, where it operates its second biggest integrated chemical production center worldwide. What’s more, BASF continues to invest an average of EUR 150 million per year into its Antwerp-based site.

Newcomer of the year

  • Kebony (Norway)
    With the support of investment company PMV and the government of Flanders, Norwegian manufacturer of eco-friendly wood Kebony funneled EUR 20 million into the construction of its first factory outside of Norway, right here in Flanders.

Edition 2016

Lifetime Achievement Trophy winner

  • Volvo Cars (Sweden)
    Through ongoing investments in the transformation and optimization of the site, Volvo Cars is sending out a clear signal that Flanders continues to play a key role in the group’s strategy.

Investment of the Year winner

  • Nippon Shokubai (Japan)
    In 2015, Nippon Shokubai announced plans to build a new facility in Zwijndrecht, Flanders, that is set to become the company’s largest plant outside Japan.

Investment of the Year nominees

  • Alpro (US)
    Plant-based food products pioneer Alpro invests EUR 65 million in its production facilities in Wevelgem (Flanders).


  • Pfizer (US)
    In 2015, the biopharmaceutical concern invested EUR 155 million in its site in Puurs (Flanders).


  • TREMEC (Mexico)
    TREMEC’s factory in Zedelgem (Flanders) produces transmission systems for premium sports cars and is the company’s global R&D center.

  • Huawei (China)
    Huawei’s European Research Institute in Leuven (Flanders) manages the company’s growing array of European R&D facilities.


  • Hyundai (South Korea)
    The multinational car manufacturer invested EUR 50 million in the construction of a new warehouse in Beringen (Flanders).

  • Datwyler (Switzerland)
    In 2015, pharma packaging firm Datwyler began construction of an ultra-modern ‘mixing hall’ at its production site in Alken (Flanders).

  • Evonik (Germany)
    Capitalizing on the growing market for specialty chemicals, Evonik invested EUR 70 million in its production plant in Antwerp (Flanders).

  • Snack Food Poco Loco (Finland)
    In June 2015, the Tex-Mex market leader commissioned two extra production lines in Roeselare (Flanders) and announced the relocation of its Swedish chips production to the region.


Edition 2015

Lifetime Achievement Trophy winner

  • ExxonMobil (US)
    The American oil and gas giant has been present in Flanders for roughly 60 years. Over the last decade, the company has invested around USD 2 billion in Flanders.

Investment of the Year winner

  • Danone (France)
    Established in Flanders since 1929, the French food and beverage company will expand its activities in Flanders with the production of spoonable yogurt: an investment of EUR 13.3 million.

​Investment of the Year nominees

  • BASF (Germany)
    The German chemicals concern invested a staggering EUR 500 million in the production of superabsorbent polymers at its site in Antwerp (Flanders).


  • Tech Mahindra (India)
    The major India-based IT-provider of networking technology solutions and business support services has recently opened a new delivery center in Antwerp (Flanders).


Edition 2014

Investment of the Year Trophy winner

  • Nike (US)
    Nike’s investment project included the purchase of a 23 ha industrial site in Ham to establish a European distribution center for sports footwear.

Investment of the Year nominees

  • Total (France)
    In 2013, French oil concern Total announced an investment of EUR 1 billion into the modernization of its plant in Antwerp (Flanders).
  • Air Liquide (France)
    The French chemical concern invested EUR 50 million in a new production unit for carbon monoxide in Antwerp (Flanders).
  • Lidl (Germany)
    The hard discount retail chain continues to invest in its Flanders-based stores and distribution center.


Edition 2013

Lifetime Achievement Trophy winner

  • Johnson & Johnson (US)
    The pharmaceutical company has a track record in Flanders spanning over 50 years and hundreds of millions in investments.

Investment of the Year winner

  • FRX Polymers (US)
    FRX Polymers built the world's first commercial plant to produce phosphorus-based, fire-retardant polymers in Antwerp (Flanders).

Investment of the Year nominees

  • Stanley Black & Decker (US)
    In Tessenderlo (Flanders), the global provider of hand and power tools operates its biggest Belgian distribution center.
  • JBF RAK (India)
    India-based JBF Industries has built a new polyester polyethylene terephthalate (PET) facility in Geel (Flanders) with a capacity of 390 billion tons per year.
  • Norbert Dentressangle (France)
    The international logistics company has invested EUR 20 million in a new, deep-frozen warehouse in Zellik (Flanders).