Amsterdam is a strategic business location
Boasting one of the world's highest concentrations of international companies – approximately 3,000 – the Amsterdam Area acts as an attractive test market and gateway to one of the largest single markets in the world, with a population of almost 500 million people. Amsterdam Airport Schiphol is centrally located, which means a mere two hours flying time to all crucial business destinations within Europe. Connections to several large Canadian cities are excellent, with several weekly direct flights to Vancouver, Toronto and Montreal (among others).
The Canadian community in Amsterdam
More and more talented Canadians find their way into the Amsterdam Area. There is a large community of Canadians in the Amsterdam Area, which exemplifies the fact that the Amsterdam Area is a magnet for talents from many cultures and nationalities. People from almost 180 different nationalities call this city home. As a result, finding excellent employees and ensuring that your business is optimally staffed will present no challenge.
Investments between Canada and the Netherlands
The Netherlands is one of the biggest countries in terms of foreign direct investment in Canada, with investments in industries such as tech, agri-food, the maritime industry and financial services. The Canadian company Northland Power is the largest investor of the $4 billion Gemini Offshore Wind Park in the North Sea, 80 kilometres from the Dutch coast. This is the largest project currently taking place in the Netherlands, and will provide millions of Dutch households with clean energy.
Canadian companies in the Netherlands
There are dozens of Canadian companies currently operating in the Amsterdam region, including McCain Foods Holland, OpenText, CAE Aviation Training, Mood Media Netherlands, Bombardier Aerospace Netherlands, MCO Health, Enerflex European Holdings and Landre Ruhaak. The fast-growing IT business Martello, headquartered in Ottawa, has an Amsterdam office and a Dutch CRO. And Lightspeed, which offers software for SMEs, has set up shop in Amsterdam as well.
Further around the Netherlands are CGI (formerly Logic) – the biggest Canadian company in the Netherlands –, Ad van Geloven, Cêlavita, Aluminum & Chemistry Rotterdam, Dorel Juvenile Netherlands, Nova Innovene Netherlands, Vermilion Oil & Gas and Teledyne DALSA. One of the most important sector represented is IT and tech, but agri-food, the chemical sector, consumer goods, financial services, creative industries, electronics, oil and gas and the transport sector are also present.
Many Dutch companies also operate in Canada, including AEGON, ING, ABN AMRO, Heineken, Grolsch, Unilever, AkzoNobel and Rabobank.
A world-leading digital hub
The Amsterdam Area is a thriving tech hub and the most digitally connected economy in the world, with a global mindset when it comes to developing innovative tech businesses. 70% of innovation in the Netherlands is tech-related; the sector has accounted for more than 30% of R&D spending among Dutch business sectors. This places the tech sector among the strongest innovative sectors in the Netherlands. Some famous technological innovations are of Dutch origin, for instance Wi-fi, Phyton, a route navigation system and Bluetooth.