NRW.INVEST AWARD 2020 goes to companies from India, the Netherlands, Israel and France

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On 14 September 2020, Economics and Digital Affairs Minister Prof. Dr. Andreas Pinkwart and Petra Wassner, Managing Director of the state-owned economic development agency NRW.INVEST, presented the NRW.INVEST AWARD 2020 to four international companies.

The NRW.INVEST AWARD The prize honours outstanding investments by foreign companies in North Rhine-Westphalia as a business location. This year, the award goes to the Indian IT group Infosys, the Dutch high-tech steel producer 247TailorSteel, Unicorn OrCam Technologies from Israel and the logistics service provider DPD Deutschland, a subsidiary of the French postal service.

Minister Pinkwart: "North Rhine-Westphalia has great clout and visibility in the international competition for business locations, and we want to continue to promote this. Our aim is to ensure that the best companies in the world settle in our federal state with their German or European headquarters. Companies that develop innovative technologies will find the best framework conditions here. The four award winners are outstanding examples of this and with the NRW.INVEST AWARD we would like to thank them for their commitment in these difficult times.

"Today we are presenting the NRW.INVEST AWARD for the 16th time. Over the years we have honoured 47 companies from 19 different countries - this alone shows how convincingly North Rhine-Westphalia has positioned itself as a magnet for top-class investors from all over the world. For here, in addition to the broad market, they also find a large pool of available specialists as well as a research environment with competent partners for the development of future-oriented technologies," says Petra Wassner.

The prize winners at a glance:

  • 247TailorSteel: The Dutch manufacturer of cut-to-size sheet metal, tubes and edge trimmed parts has been operating a state-of-the-art, smart production plant in Hilden since this year. On an area of 10,000 square metres, 45 new jobs will be created in the first year and 130 in the medium term. 247TailorSteel relies on artificial intelligence: The company has automated all production steps so that customers can place their orders online around the clock, receive a quotation in one minute and have the finished products delivered within 48 hours.
  • Infosys: The IT service and consulting company from Bangalore in India opened its Digital Innovation Center in Düsseldorf at the end of 2019. Here, up to 300 IT specialists make digital transformation tangible and support customers in topics such as IoT, 5G, artificial intelligence and machine learning. Infosys also promotes young digital talent in North Rhine-Westphalia: the group has entered into partnership agreements with the Düsseldorf University of Applied Sciences and the WHU - Otto Beisheim School of Management, for example, to organize joint training courses, research projects and scholarships.
  • OrCam Technologies: The Israeli Unicorn, based in Jerusalem, is considered a pioneer in the field of artificial vision and is currently building its new European headquarters in Cologne. OrCam Technologies develops camera-based visual aids for blind and visually impaired people. A small camera with glasses records texts, people and products, analyses them with the help of artificial intelligence and reads or describes them. From North Rhine-Westphalia, the company controls marketing, distribution and personnel management in order to further establish the product on the European market.
  • DPD Germany: the logistics group with a French parent company last year commissioned its largest parcel sorting centre in Germany in Hamm after a construction period of only one and a half years. In the final stage of construction, up to 200,000 parcels per day will be handled there with the help of a fully automatic sorting system. In the future DPD Germany will create 800 new jobs in Hamm. The company is also focusing on sustainability - from fuel-efficient machines to climate-friendly heating and cooling of the buildings.

North Rhine-Westphalia is Germany's No. 1 investment location, and with a total of 427 new settlements and expansion projects, the consistently high level of foreign direct investment was confirmed in 2019. Most investment projects in the past year were made in the Düsseldorf region, followed by the Metropole Ruhr and the Cologne/Bonn region.

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