
Chinese tech company Huawei received Monday the NRW.INVEST Award in the western German city of Duesseldorf for its outstanding investments in the German state of North Rhine-Westphalia (NRW).
For the 10th time, NRW Economics Ministry and NRW.INVEST, the state's economic development agency that deals with support for foreign investors, have presented the NRW.INVEST Award.
With this award, NRW honors exemplary investments at the business location. This year, three companies received awards, including Huawei, the American package delivery company UPS and the French company Air Liquide.
North Rhine-Westphalia is a leading location in Germany for foreign investments. According to NRW Economics Minister Garrelt Duin, about a quarter of investment projects in Germany flew to the state in 2013.
"Engine of the development is Asia," NRW.INVEST CEO Petra Wassner said at Monday's presentation ceremony.
According to NRW.INVEST, the number of foreign investment projects in NRW jumped to 236 in 2013, a 12 percent increase compared to the previous year. Again, China led the country ranking with 63 investment projects.
Huawei, a Chinese multinational networking and telecommunications equipment and services company, has been making large investments in NRW's capital city of Duesseldorf. Currently, 650 employees are working in the company's headquarters for Western Europe and Germany which is located in Duesseldorf.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor