Glasgow is a city bursting with life, energy, passion and personality. It’s one of the world’s great cities, offering residents, visitors and businesses an extraordinary quality of urban life. As host of the 2014 Commonwealth Games, it is Glasgow’s time to shine on the world stage and showcase its remarkable offer. As one of Europe’s top twenty financial centres, one of the most popular conference venues worldwide and one of the world’s top ten sporting cities, Glasgow has a lot to shout about. Recently announced as Winner in the Large European Cities Category for FDI Strategy by The Financial Times’ fDi Magazine, Glasgow can boast a number of accolades: voted number one UK destination “on the rise” by TripAdvisor; a UNESCO City of Music, home to the finest civic art collection in Europe, and second only to London’s West End for retail in the UK.
Ambassador Vinai Thummalapally is the Executive Director of SelectUSA. The United States is open for business, and the U.S. government is taking steps to make it easier for companies of all sizes to enter the market, succeed and create jobs. President Barack Obama recently announced the expansion of SelectUSA, the first U.S. government-wide program to promote and facilitate foreign direct investment (FDI). Please consider us to be at your service.
European companies have increased their overseas investments in the last 20 years, venturing further afield, outside EU borders with the EU27 stock of outward foreign direct investment (FDI) into non-EU countries reaching €3.3 trillion by 2008. EU investors accounted for 36% of global outflows in 2011 totaling USD 557 billion, clearly demonstrating Europe’s commitment to, and association with, investing abroad. According to a United Nations report, international FDI rose by 11% in 2013 to an estimated €1.06 trillion with the majority going to developing countries, highlighting, once again, the global trend towards business expansion abroad.
After 30 years of stagnation, the German capital’s real estate market has re-ignited. In fact, it’s been singled out as one of Europe’s top cities for property investment. We report on how Berlin got its mojo back.
After re-unification, Berlin was anything but desirable – except to artists and bohemians vibing on cheap rent (or even free rent) and the incongruity of an isolated city. But all that has changed. Berlin is experiencing a rebirth similar to the one London went through in the late 1990s. It’s becoming a place where people want to live, tourists want to visit, and where commerce wants to do business.
One of the top performing economies in the European Union in the past years, the small but ambitious island of Malta offers a business-friendly environment conducive to doing business that is enabling the country to think big in terms of trade and investment opportunities.
Inspired by the vision of becoming a centre excellence in a number of priority sectors which include ICT, financial services, education, healthcare, advanced manufacturing and tourism, Malta is gradually becoming a regional hub strategically located in the middle of the Mediterranean Sea.
Lebanon’s strategic geographical location has been recognised for centuries as a contact point between the east and west and as the gateway to the Middle Eastern market. Home to 1.2 million high-skilled labour force with access to a regional market of 106 million consumers; Lebanon offers plenty of advantages for potential investors planning to set up and to develop new business in the Region.
Economically, investing in Lebanon is a sound decision, financially, it is a fulfilling endeavorand socially it is a rewarding venture.
During the mid 1990s, Eindhoven found itself at a crossroads. The two main industries behind the city’s prosperity suddenly diverged. The truck giant DAF imploded and leading electronics manufacturer Philips threw itself headlong into the global economy. What started as a small light bulb factory staffed by local workers was now sourcing its workforce far away from its traditional base.
It was a familiar story across the manufacturing centres of Western Europe. Functional obsolescence, end of an economic cycle, macroeconomic fallout - call it what you will – Eindhoven was looking at travelling the same underemployed route to as Detroit. However, the city avoided most the of post-industrialisation challenges to emerge as one of Europe’s major technology and industrials hub.
There is a central tenet to the school of thought on the traditional approach to green business initiatives; namely, that creating wealth and jobs and saving the environment are mutually exclusive pursuits. Sweden has proved that there is in fact another way - and skimming over the statistics, there’s plenty of evidence to suggest that their approach may well be right…
With a population of just over 9m, Sweden is proof that you can actually have both – responsible and sustainable growth. It’s a concept that rarely rises above the rhetoric in Britain, but in Sweden it’s a reality.
Sweden now has the EU's highest proportion of renewable energy in its energy use. Over 45% cent of Sweden's energy supply — electricity, district heating and fuel — comes from renewable energy, relying on hydropower and biofuels.