In Amsterdam or the region, 153 foreign companies opened a new office last year. 28 companies did this in response to the expected Brexit. In a period of three years after their establishment, they are expected to jointly create 4170 additional jobs in the region, the city of Amsterdam reports on the basis of their own data. The number of new jobs expected by foreign newcomers has never been so high. This is partly due to the arrival of the European Medicines Agency (EMA), which moved from London to Amsterdam and expects to create a total of 890 jobs. Of the 153 companies 147 are new to the Netherlands, the others already have a branch outside the Amsterdam region. Alderman Udo Kock (Economic Affairs) calls Amsterdam “a magnet for international companies.” According to him, this is due to “economic prosperity and the good Amsterdam business climate, Schiphol, its location in Europe, its innovative strength and the availability of talent.” How many foreign companies from the Amsterdam region leave is not tracked. That is why it is not possible to check whether or not jobs are added on balance.