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> GENERAL
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Wallonia among the top 5 regions for prospective investors
Wallonia has been rated fifth in the TOP 25 for Europe's most attractive regions and cities in terms of investment, after London, Flanders, Paris and Leipzig. For regions alone, it is still fifth after Scotland, Flanders again, Northern Ireland and Kent.
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A cluster for green energy
Tweed, an association of renewable energy sector companies, will go operational at the start of 2008. It is expected to comprise more than 30 businesses and will have 3 main lines of activity.
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New European structural funds programme for 2007-2013
The new Structural Funds programme for 2007-2013 has arrived. The European Union and the Wallonia Region have joined forces to finance regional development projects under the auspices of two objectives: the "Convergence" Objective and the "Regional Competitiveness and Employment" Objective.
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Support for reasearch and innovation : new decree coming soon
As a result of the fresh needs that have arisen in the area of support for research and innovation, in the light of the world-wide economic and technological context, and following the publication, on 30 December 2006, of the new Community Framework for State aid in those areas, it has become essential to revise the 1990 Decree.
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Wallonia maintains Belgium's attractiveness for foreign investors
With 1966 direct jobs created by foreign investors, 2007 has undoubtedly seen the best result for the last eight years so far as the attraction of foreign investment is concerned.
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A web site for prospective investors in Wallonia
The "BUSINESS PARKS" database is designed to make foreign investors want to set up business in Wallonia business areas.
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www.investinwallonia.be in German
A German version has just been added to the English, French and Japanese versions of the web site.
Welcome to German-speaking visitors!
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> NEW INVESTMENT PROJECTS
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Carsid to invest 100 million euros in vacuum steel
Duferco are to invest 100 million euros in the Carsid plant to renew one of their continuous casting lines and set up a vacuum steel treatment plant between now and 2010.
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A brand new logistical platform for Dachser
In September 2007, the Dachser international logistics company inaugurated a brand new logistics platform at Mouscron.
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SEW open a "service center" in Marche-en-Famenne
SEW Belgique, the drive systems specialists, have opened their first "Service Center" in Wallonia, and more specifically at Marche-en-Famenne.
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Van der Valk comes to Verviers
Van der Valk will start work in March 2008 on the construction of a 4-star, 110-room hotel on the former Gare de l’Ouest site at Verviers.
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> EXPANSION PROJECTS
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IBT take over a German company and becomes n°1 in Europe
This transaction, worth a total of 23.5 million euros, will to a large extent be financed via the issue of new IBt shares. The rest will come from a loan the terms and conditions of which are being negotiated with the present shareholders, who hold approximately 36% of the share capital.
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Johnson & Johnson : prospect of 160 new jobs
The American multinational Johnson & Johnson is considering enlarging the range of products it stores at the European distribution centre at Courcelles. This investment worth several million euros would create 160 new jobs .
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