Three South African Companies Open offices in The Hague Region
Great addition to innovative and fast-growing ecosystem
From left to right: Wayne Abegglen (Regional Property Executive Hyprop Investments Ltd.), Guido Landheer (Deputy Director-General for Foreign Economic Relations at Dutch Ministry of Foreign Affairs), Karsten Klein (Deputy Mayor The Hague), Maruis Conradie (Strategy Director NuvaLaw), Jeroen Nijland (Commissioner NFIA)
Three South African companies have chosen The Hague and Leiden, cities in a unique delta region in the western part of Holland, as their next business opportunity. Yesterday during an official signing ceremony at the Volvo Ocean Race stopover in Cape Town, Hystead Limited, IoT.nxt, and NuvaLaw officially announced their expansion to The Hague region. The City of The Hague, the Netherlands Foreign Investment Agency (NFIA), The Hague Business Agency, and InnovationQuarter are proud to have been actively involved in attracting South African companies to this region.
“We are looking forward to Hystead, IoT.nxt, and NuvaLaw joining professional and creative forces with other Dutch and international businesses in The Hague, and nearby cities such as Leiden. They are a great addition to our innovative and fast-growing ecosystem in this region”, commented The Hague’s Deputy Mayor Karsten Klein.
Expanding to The Hague region
The three diverse companies are a boost for the region, and are deemed to have a beneficial impact on the Dutch economy. Hystead Limited is a leading specialist shopping center fund that operates a portfolio of shopping centers in South-Eastern Europe. They are planning on opening one of their management offices in The Hague. IoT.nxt is a provider of a globally leading IoT platform that enables companies to integrate and leverage all of their existing investments and systems – the enabler of rapid digitization and embracing of the 4th industrial revolution.
NuvaLaw is a LegalTech company that designs and implements digital platforms that transform the way the legal information exchange is managed and how disputes are settled. It is currently focused on reducing inter-party costs between insurers. The company is an alumnus of the Startupbootcamp in London and is also engaging with The Hague Institute for Innovation in Law. NuvaLaw will set up in Leiden to initially partner with large insurance companies in the Netherlands, especially in The Hague and Leiden.
What the South African companies say
“We are very excited to establish one of our management offices in The Hague to look after our growing SEE shopping center portfolio,” said Yvette van der Merwe, COO Hystead.
“Our office in The Hague will function as the base for international expansion. We are specifically building partnership with world leading system integrators in the field of IoT. These partnerships will allow us to scale up even faster and enable more businesses to access the benefits of our IoT solution,” commented the company’s CMO Joe Bester.
“We like the open innovation that takes place in the Netherlands. The Hague region is especially attractive as it hosts many of the big insurance companies with whom we hope to partner. Collaboration and Access to Justice are part of our company DNA and so this region is a natural cultural fit for us as we expand into Europe,” explained Maruis Conradie, Strategy Director at NuvaLaw.
Source: The Hague Business Agency