Birmingham has been ranked as one of the best places for businesses to invest in Europe – above Paris and Berlin.
Corporate real estate and economic development magazine Site Selection, ranks nations and city regions according to their appeal to investors in its Best to Invest listing, and ranked Birmingham fourth in Western Europe.
The second city was the only English city in the top ten and come above Vienna, Barcelona, Rome, Amsterdam, Zurich and Brussels.
The Best to Invest list considers factors including infrastructure, accessibility, business risks, foreign direct investment levels and any new or expanded facilities announced in the area during 2011.
Wouter Schuitemaker, investment director at Business Birmingham, said: “This list is produced by industry experts who analyse and compare global cities’ business offer.
“That Birmingham has come fourth – above such stalwarts as Paris, Vienna, Zurich and Brussels – is incredibly positive.
“The ranking really demonstrates how the city’s work to boost its profile as a business location with international investors, and their influencers, is beginning to show through.
“Birmingham attracted more inward investment than any other UK regional city in 2011 – and with our partners, we are working to build on this and push the city to the top of companies’ European relocation lists.”
Site Selection is based in the US and is read by a specialist audience of more than 45,000 senior executives and locations experts across the world.