Berlin opens new trade office in London, 3 months after brexit

Berlin opens new trade office in London

Berlin’s second trade office abroad was opened by Senator for Economics Cornelia Yzer.

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Cornelia Yzer, Berlin’s Senator for Economics, Technology and Research opened a trade office of the German capital in London today. The event came three months after the Brexit referendum. 

The new Berlin Trade Office in the United Kingdom is to provide information about the tech and business hub Berlin to UK-based startups, companies and investors that are interested in Berlin as a new place for their business inside the EU. The office will also serve as a corridor between the long-standing partner cities Berlin and London and inform German companies about the British marketplace. 

Senator Cornelia Yzer: "The United Kingdom and London are important trade partners for Berlin. Both cities are strong startup hubs. That’s why we’re interested in keeping up the dialogue with our London partners. But the Brexit has created a lot of uncertainty. Many companies now think about Berlin to grow their business or relocate. With the new office in Berlin, we want to offer first-hand information and business support for those companies. They’re more than welcome in Germany’s strongest tech hub.” 

The Berlin Trade Office is located at InterchangeCoWorking Space in London’s Camden district, which is known for its dense and vibrant startup scene. KPMG consulting services will be in charge of the office.

Kevin Smith, Senior Partner for KPMG in the London region: “We welcome the new Berlin Trade Office in London at Interchange as our two successful cities look to strengthen the corridor of trade and working relationships with each other. In this post-EU Referendum era it is more important than ever that London looks at creating more bilateral trade relationships with diverse economic cities in Europe and beyond. As a global business, we recognise the value of fostering trade corridors with our European neighbours and the value in creating better trade relationships with our European colleagues rather than pulling down the shutters against international competition. Interchange in Camden is a fantastic base for Berlin, first to get to meet some of our exciting early stage businesses, and I am genuinely excited by the prospect of working closely with them and in meeting lots of interesting German enterprises attracted to the vibrancy of London."

The new office is Berlin’s second trade office abroad. The first one was opened in Istanbul, Turkey last May. With exported goods worth 550 million Euro, the UK is Berlin’s seventh most important trade partner. KPMG’s Jonathan Roomer from KPMGs high growth technology team will lead the office. 

ENDS

For more information and media requests, please contact:

Emma Murray

KPMG Press Office

0207 694 6506 

Benno Müchler

Press officer

Senate Department for Economics, Technology and Research of Berlin

Phone: +49-30-9013-8112

E-Mail: benno.muechler@senwtf.berlin.de 

About KPMG 

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