Brexit: Numerous British companies move to the Netherlands

Concerned about the consequences of the EU's exit, more than 40 companies are relocating their headquarters from the UK to the Netherlands. They bring almost 2,000 jobs with them.

An emergency box with dry foods and Brexit stickers
© Phil Noble / Reuters

The Netherlands have already been able to woo more than 40 companies from the UK due to the upcoming Brexit. The investments for resettlement in the Netherlands amounted to about 290 million euros, said the Netherlands Agency for Foreign Investment. In addition, the companies bring nearly 2,000 jobs from the UK.

Given the "growing uncertainty about Brexit", companies could rely on the "good economic climate" in the Netherlands, said Dutch Economics Minister Eric Wiebes.

According to information, 42 companies have been out since last year Great Britain moved to the Netherlands or are close to it. Most of the companies are British, but there are also branches of companies such as the United States or Asia among them. The names include the Japanese investment bank Norinchukin, the media company TVT Media, the financial service providers MarketAxess and Azimo, and the maritime insurer UK P & I.

The UK will leave the European Union as of 29 March. It is still unclear whether the separation will be disorderly or whether there will still be a parliamentary majority in Britain for a contract with a regulated exit.


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