Press release – Brussels, 22 April 2021
Two international companies with investment projects in Flanders took home a trophy during the Foreign Investment Trophy. With this ceremony, Flanders Investment & Trade, the government agency for international business in Flanders, underlines for the ninth-consecutive year the importance of foreign investments for Flanders’ resilience, (knowledge) economy, employment and prosperity.
This year’s ceremony involved a very restricted circle of participants. Flanders’ Minister-President Jan Jambon, among others, was present on 22 April 2021 in Lier. Those who registered on www.foreigninvestmenttrophy.be could follow the ceremony online.
Flanders Investment & Trade (FIT) presented two trophies:
- the 2021 Foreign Investment of the Year Trophy;
- the 2021 Lifetime Achievement Trophy.
Foreign Investment of the Year Trophy: Kuehne+Nagel (Switzerland)
Kuehne+Nagel wins the 2021 Foreign Investment of the Year Trophy. Flanders’ Minister-President Jan Jambon announced the company’s victory in the presence of Tobias Jerschke, Managing Director Kuehne+Nagel Belux.
In 2020, Kuehne+Nagel opened a logistics center for pharmaceutical and medical products at Brucargo, the freight area of Brussels Airport, in Machelen (Flanders). Moreover, in the same year, the Swiss logistics player started the construction of a EUR 75-million European distribution center in Tessenderlo, creating 150 additional jobs in 2021 and another 350 in the following years. “With these projects, Kuehne+Nagel not only confirms Flanders’ traditional strengths, but also the innovative clout of the logistics sector in our region,” comments the Minister-President.
“What’s more, the projects of Kuehne+Nagel represent future-proof investments in changing times,” adds Claire Tillekaerts, CEO of FIT. “For example, the company’s logistics center in Machelen is equipped with different temperature zones to handle new, increasingly temperature-sensitive pharmaceutical and medical products.”
Kuehne+Nagel emerged victorious after two rounds of voting by a professional jury and the public online. The Swiss firm won 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.