Category Archives: FDI

Trade up – Debrecen

XANGA logoThe Hungarian city of Debrecen lies in the east of the country, 137 miles from Budapest. Located in the centre of what is known as the North Great Plain Region, Debrecen is also within easy reach of the Romanian and Ukranian borders, 50 and 120 miles away respectively.  Historically the city is first cited in 1235 and is believed to have been formed from the amalgamation of several small villages in the area.  Conversely, today the city has developed into a thriving urban centre and is home to over 210,000 Hungarians.

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Edinburgh lights up

ImageEurope wise, Edinburgh constitutes a small city region with1.2 million residents. Despite the numbers this historic capital has established remarkable strength and leadership as a financial services centre and inward investment location. Named Europe’s Top Small City in the 2008 Financial Times fDi (Foreign Direct Investment) magazine awards, Scotland’s capital is also Britain’s second – and Europe’s fourth – largest financial centre, and ranked 20th in the world, ahead of Dubai, Amsterdam and Washington, in the March 2009 Global Financial Centres Index. Owen Kelly, Chief Executive from Scottish Financial Enterprise- the representative body for Scotland’s financial services industry – highlights the sectors key attributes “One of the points I always make is that the industry in Edinburgh is diverse and very varied. We have investment managers, insurance, life and pensions, asset servicing and a large professional services and broking community as well as banking, so it’s deep, very strong, and internationally very significant”.

 

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Edinburgh – Success in Diversity

ImageEdinburgh's diversified economy and international reputation are helping the city continue to attract investment, despite challenging economic conditions.

Recent data showed Scotland's capital was outperforming comparator UK cities in key economic indicators and weathering the recession relatively well.

 

New business incorporations, house prices and city centre footfall last year outstripped average year-on-year performances in cities including Manchester, Birmingham, Leeds, Nottingham and Liverpool. Edinburgh was also the only UK airport increasing passenger numbers, and was the UK's strongest performer outside London for hotel occupancy and revenue per available room in the year to end September 2009. Remarkably, given the credit freeze and global downturn, the 'Inspiring Capital' also attracted more overseas investments in the first six months of 2009 than in the whole of 2008 and 2007.

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On Form

When it comes to warehouses and industrial buildings the practice of architecture can normally rest easy with the design of a good functional shell, built to fit its pure logistical and spatial purposes.  Not the case with Slovenia’s latest architectural highlight.  In 2007 Slovenian based architects Rok Oman and Spela Videcnik, founders of Oman & Videcnik, were commissioned to design a multi-use warehouse. The client’s company produce and merchandise safety equipment and devices which had to be stored in two thirds of the building’s volume; this needed to include storage loading, central storage for goods of different sizes and storage with attached loading. The remaining volume also needed to house offices and classrooms for safety lectures.

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The School of Life

In essence the School has a passionate belief in making learning relevant and develops courses that investigate the more important questions of everyday life.

It is no wonder now in the thick of a recession that many of us are seeking more thoughtful and less materialistic ways to live our lives.  As the crunch grinds on our social and economic landscape will continue to change, and not always for the worse. One aspect of a recession that brings hope is its ability to refocus people’s minds, often fostering new movements in the arts and culture.

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Spring 2017 Issue

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