Almost 100 companies impacted by Brexit have chosen to operate from the Netherlands while about 325 other firms have shown interest in doing the same amid the ongoing uncertainty surrounding the U.K.'s exit from the EU, the Netherlands Foreign Investment Agency said.
Financial data provider Bloomberg Inc., trading platform operator MarketAxess Holdings Inc. and mass media company Discovery Inc. are among those that have opted for the Netherlands in order to retain rights to provide services in the EU, the NFIA noted. Companies are reassessing their strategy in light of the growing possibility of a no-deal Brexit, its implications on matters such as free movement of people and supply chains, along with the need to access the EU, the agency added.
In particular, the Netherlands is attracting attention from companies in the financial sector, IT, media, life sciences and health sectors, the NFIA said. Brexit-impacted companies are also moving operations to other European countries, including France, Ireland, Germany and Belgium.
"Our experience shows that when a Brexit deal gets further out of sight, and the chance of a no deal increases, more companies contact us," said the NFIA, which attracts foreign companies to operate in the Netherlands on behalf of the Dutch government.
