“Brexit” companies continue to shift to the Netherlands as uncertainty persists
The Cattle Site
18 February 2021
A flow of businesses moving to the Netherlands because of Brexit remained strong in 2020, even though foreign investment fell by a quarter as the COVID-19 pandemic hit.
Reuters reports that the Netherlands Foreign Investment Agency recorded the trend throughout the Brexit transition period.
Amsterdam has attracted companies in trading and finance, medicine and agriculture, as well as logistics and distribution looking to secure their European operations as Britain departed the European Union.
The agency said 78 "Brexit" companies moved to the Netherlands last year, the same number as in 2019 lifting the total since the 2016 Brexit referendum to 218.
A record 550 businesses are currently in discussions with the agency about a relocation or expansion in the Netherlands, up from 425 last year.