Research for Flemish firms has found that 74% of UK companies said they had been forced to consider other markets, due to post-Brexit administration struggles.

Flanders Investment and Trade reports that a record number of foreign investment projects were launched in our region during 2021. Many these came about due to the United Kingdom’s exit from the EU.

A record number of foreign investment projects were launched in Flanders in 2021, including many as a result of the United Kingdom’s exit from the European Union.

British companies are moving their European bases to Belgium to manage the challenges posed by Brexit and are now trading with the EU from there.

Brexit has resulted in Wallonia receiving almost €358 million in investments, while 539 jobs have been created in the region since the UK’s withdrawal from the European Union.

According to figures released by Flanders Investment and Trade 81 companies have invested in Flanders rather than in the UK since the United Kingdom left the European Union. Above all companies involved in transport and logistics, sales and marketing, telecommunications and electronics and chemicals have been opting to make investments here rather than in the UK.