Amsterdam climbs to top five of best European cities to do business
According to the latest European Cities Monitor published by global property consultant Cushman & Wakefield, Amsterdam is performing very well; climbing from 6th position in 2010 to 4th place in 2011.
Best for business
The European Cities Monitor is based on interviews with board directors from 501 of the largest European companies. It includes an overall ranking of 36 European cities considered to be best for business. Additionally, the cities are ranked against criteria such as quality of life, access to markets, availability and quality of staff, cost of office space, telecommunications and transport links. According to the report, Amsterdam is narrowing the gap on the top three cities - London, Paris and Frankfurt.
Amsterdam: strong fundamentals
Jan Willem Bastijn, Managing Partner of Cushman & Wakefield in Amsterdam, commented in a press release, “Despite the uncertain economic times, international corporates still perceive Amsterdam to be a business city which provides enough stability to expand into. Amsterdam has risen two positions from 6th to 4th ranking, most likely due to the strong fundamentals that the city has always offered, such as a diverse occupiers market, steady political environment and international orientation.”
With this ranking, Amsterdam surpasses cities such as Berlin (5th), Barcelona (6th) and Brussels (8th).
Multilingual workforce
Amsterdam ranked exceptionally well (second place this year) for number of languages spoken. More than 80% speak English and approximately 40% have a university degree or higher professional education. Amsterdam also scored well for quality of life and a corporate climate supported by government. For more information please read the European Cities Monitor report.
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Amsterdam attracts international companies
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