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EUROPEAN CITIES and REGIONS of the FUTURE 2016/17 European Cities and Regions of the Future2016/17 Winners Where will your investment take you? fDi Magazine has launched fDi On Location, a video series exploring investment destinations worldwide. Our editorial team goes on the ground to investigate the locations attracting the attention of multinationals. Why do companies decide to locate or expand there? What are the sectors with the most potential? What are foreign investors’ views on the location? Watch our latest fDi On Location videos here www.fDiIntelligence.com/onlocation A publication from the Financial Times CONTENTS PublishedbyThe FinancialTimes Ltd, Number OneSouthwark Bridge, London SE1 9HL, UK Tel: +44 (0)20 7873 3000. Editorial fax: +44(0)1858 461873. Staff memberscan be contacted by dialing +44 (0)20 7775 followedby their extension number Editor-in-Chief Courtney Fingar 6365 [email protected] Deputy Editor Jacopo Dettoni 4339 [email protected] GlobalMarkets Reporter NatashaTurak 6480 [email protected] Production Editor Richard Gardham 6367 [email protected] Deputy Production Editor AngusWalker 6338 [email protected] ExecutiveEditor Brian Caplen 6364 [email protected] ArtDirector Paramjit Virdee 6535 [email protected] Advertisement Executive Daniel Macklin 4120 [email protected] Global Commercial Director Chris Knight 6718 [email protected] Associate Publisher Luke McGreevy +971 (0)4 391 4398 [email protected] Publishing Director Angus Cushley 6354 [email protected] Marketing Executive Jay Seenundun 6896 [email protected] Subscriptions/ Customer services CDS Global, TowerHouse, Lathkill Street, Sovereign Park, Market Harborough, Leics,UK. LE16 9EF [email protected] tel: 0845 456 1516 (customer services) 01858 438417 (overseas), fax: +44 (0)1858 461 873 Subscriptionrates One-year: full price £395/€495/$635 Two-year:10% discount £711/€891/$1143 EurOpEaNCiTiESaNdrEgiONSOfThEfuTurE2016/17 Three-year: 15% discount An introduction to fDi’s rankings and the tables showing the top 25 cities and regions. £1007/€1262/$1619 02 Please contact us fordetailsofother currencies EurOpEaNCiTiESOfThEfuTurE2016/17:wiNNErS The Financial Times adherestoaself-regulation regime under theFTEditorial CodeofPractice: The leading cities in Europe forFDI areranked by European zone, and by major,large, mid-sized, small www.ft.com/editorialcode 04 and microcities. RegisteredNumber: 227590 (England andWales) ISSN: 1476-301X ©Financial Times Ltd2016. FDIisa trademark of Financial TimesLtd 2016. “Financial EurOpEaNCiTiESOfThEfuTurE2016/17:fdiSTraTEgy Times” and“FT” areregistered trademarks and ser- vice marks of theFinancial Times Ltd. All rights fDi assesses and ranks the cities of Europe by their policies and actions when it comes to attracting and reserved. No part of thispublicationmay be repro- duced or usedinany form of advertising without 16 retaining investment. priorpermission in writing from theeditor. No responsibility forlossoccasioned to anyperson act- ingorrefraining from actingasaresult of material in this publication canbeaccepted.Onany specific EurOpEaNrEgiONSOfThEfuTurE2016/17:wiNNErS matter, referenceshould be made to an appropriate Europe’s leading regions when it comes to attracting investment areranked by European zone, as wellas adviser.Registered Office: NumberOne Southwark Bridge, London SE19HL,UK 22 according to size: large, mid-sized and small. Reprintsare available of any fDi Magazine article, with your companylogo and contact detailsinserted if required (minimum order 100 copies). EurOpEaNrEgiONSOfThEfuTurE2016/17:fdiSTraTEgy Fordetails telephone 0207 873 4816. The regions of Europe arejudgedby fDi staff and contributorsand ranked by their strategy to attract Forone-off copyright licences forreproduction of fDi magazine articles telephone 0207 873 4871. 32foreign investment. Alternatively,for both services e-mail [email protected] ENgliShlEpS Local enterprise partnerships replaced the regional development agencies in England in 2011. fDi ranks 36themonhow they haveperformed in the past fiveyears. mEThOdOlOgy An explanation of the methods behind the fDi European Cities and Regions of the Future2016/17 40 ranking. February/March 2016 www.fDiIntelligence.com 1 INTRODUCTION EUROPEAN CITIES AND REGIONS OF THE FUTURE 2016/17 European Cities and Regions of the Future2016/17 Winners fDi’s EUROPEAN CITIESAND REGIONS OF THE FUTURE 2016/17 RANKING PROVIDESAN INVALUABLEBENCHMARK FORASSESSINGTHE CONTINENT’SINVESTMENTLANDSCAPE. AS IN PREVIOUS RANKINGS, NORTHERN AND WESTERN EUROPE DOMINATE, BUTTHE GOOD NEWS STORIES – PARTICULARLYINOUR FDI STRATEGYSECTIONS – ARESPREAD FARAND WIDE 1', &&, &, , , ,& ,2 3%' 1 ,' 2 & 0 ' ,.' ', ' I ., ' ,', ,,& &/.'2 &' ,,&' ,/ ,' .& &.,.& ,& &/'# , '0' 0 & /',, / , , ' ,, 2& .,' 2 & ,,/ , , .& ' , '' &'' ,&# 2 '&/ ' , ' &,' &,& ,,& ,/'' &, ,& & ' .', ' 2& '' 2,' &' & & ,' ., &' ,' & , .'' & ,' &' & 0 , & , , & & ,/2 ,, , ,,& , /',, , ,'/'& 0 & & & '# /',,# .& & ' ' , & ' / 1 '' , , .&, . , ' ///&, 0, , $.' ! ', " , ,,2 & , , , ,' &,' / & , 2 0',& & -44 &,&.& #& , & .&$. ,, ,/ & ' ,& ',&.& , $. , ,/ , ,&/&2'.,& ,& ,2 ' . ., , .& ,& / ',,' & , ,&2# .& '.& & &0 ',' ' , &' , ,& # ., 0,& '. 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