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3 foreign investments nominated for a trophy in Flanders

It’s trophy time again! Flanders Investment & Trade (FIT) has just announced the nominees for its 2021 Foreign Investment of the Year Trophy. This year’s nominated foreign investment projects are those of Bleckmann (Belgium-Netherlands) and Gymshark (UK), who are nominated together, ECA GROUP (France) and Kuehne+Nagel (Switzerland).

With this trophy, FIT puts the spotlight on international companies with remarkable investment projects in Flanders. The winner will be announced during the Foreign Investment Trophy ceremony on 22 April. This year, the event will be viewable online at www.foreigninvestmenttrophy.be. Be sure to register for the ceremony and vote for your favorite nominee.

Let’s meet the companies behind the nominated projects

Bleckmann (BE/NL) & Gymshark (UK)

For its e-commerce distribution, British fitness apparel & accessories brand Gymshark works closely with Belgian-Dutch logistics services provider Bleckmann. In 2020, this partnership led to a joint investment of EUR 10 million in the construction of a distribution center in the town of Rieme, East Flanders. The project allowed to create 225 jobs in the region. An additional investment of EUR 15 million is planned as well. 

Learn more about the nomination of Bleckmann and Gymshark.

ECA GROUP (FR)

ECA GROUP decided to channel EUR 10 million into the construction of a new drone factory at the Port of Ostend, one of Flanders’ main ports. From there, the French engineering company will develop and produce maritime demining drones for the Belgian Navy and the Royal Netherlands Navy. In two to three years, ECA GROUP expects to hire over 70 employees at the new plant.

Discover more details about ECA GROUP’s investment project.

Kuehne+Nagel (CH)

In 2020, Kuehne+Nagel opened a logistics center for pharma and medical products at Brucargo, the freight area of Brussels Airport, in Machelen. Moreover, in the same year, the Swiss logistics player started the construction of a European distribution center worth EUR 75 million in Tessenderlo. With this investment, the company will create 150 additional jobs in 2021 and another 350 in the following years.

Get the full scoop on Kuehne+Nagel’s nominated investments.

Who should win? Help us decide!

The nominated company with the most votes after two rounds of voting – by the general public online and a professional jury – will take home the 2021 Foreign Investment of the Year Trophy.

Vote your favorite nominee to victory.

About the trophy

The winner of the 2021 Foreign Investment of the Year Trophy will be announced during the 9th consecutive Foreign Investment Trophy ceremony, which will take place on Thursday 22 April. Want to follow the ceremony online? Be sure to register at www.foreigninvestmenttrophy.be.

In addition to the Foreign Investment of the Year Trophy, FIT will be presenting two more trophies during the Foreign Investment Trophy event. As such, the Lifetime Achievement Trophy will go to a foreign investor with a long track record in Flanders, while the Newcomer of the Year Trophy will be awarded to a foreign company that has just taken its first steps in the region. The winners in both categories will be announced on the evening of the ceremony.

More info

Foreign Investment Trophy
Reported by
Flanders Investment & Trade
23 March 2021

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