Netherlands remains popular with company HQs

18th August 2005, Comments 0 comments

18 August 2005, AMSTERDAM — The Netherlands has come second to Switzerland as the European country with the best relocation climate for international companies looking to set up their European headquarters.

18 August 2005

AMSTERDAM — The Netherlands has come second to Switzerland as the European country with the best relocation climate for international companies looking to set up their European headquarters.

The Netherlands scored well in the infrastructure and costs categories of a broader survey about what countries are favoured locations. The cost category refers to the cost of the office and taxes. 

The survey covered seven countries and confirmed that the UK is the most popular destination overall with a 60 percent share of European headquarters.  

US firms in particular are drawn to the UK because of the common language and the perceived cultural similarities.

Frances comes second overall with 10 percent of European headquarters and Germany is in third place on 9 percent.

The Netherlands is in fourth place overall with an 8 percent share of the total number of European headquarters. Switzerland has 7 percent, followed by Belgium with 5 percent.

It came second to Switzerland in the relocation category.

Foreign Trade Minister Karien van Gennip ordered the survey in response to a warning by
Michel Tilmant, chairman of bank and insurance group ING, of an exodus of international headquarters from the Netherlands.

The study found no evidence of a mass desertion of the Netherlands by international firms.

[Copyright Expatica News + ANP 2005]

Subject: Dutch news

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