Amsterdam takes on the City in post-Brexit battle – Telegraph.co.uk

Another trend, say Dutch observers, is for foreign businesses to put physical entities in the Netherlands. The Netherlands Foreign Investment Agencyhas announced that218 Brexit companies have moved over since the 2016 referendum, including 45 financial businesses representing about 1,000 jobs.

Brexit is posing specific problems for specific types of companies -amongthem financial firms - and the Netherlands offers a very good ecosystem and safe space for companies in need of continuing their businesses on the European market, says spokesman Michiel Bakhuizen.

Amsterdam is a good alternative to the United States in his case, says Frank van Roij, managing director of ESG Core Investments. ESG is thefirst Spacto list on the Euronext Amsterdam this year; it wants to take a private business working onenergy transition or clean water public.

We are focusing on north-western Europe for finding a target company, and focusing on the environmental, social and governance [ESG] theme, he says. Here, we can facilitate a listing in the home market. ESG is a really important theme in Europe, with a lot of attention from institutional investors but also retail investors.Those elements made Amsterdam the obvious choice for us.

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Amsterdam takes on the City in post-Brexit battle - Telegraph.co.uk