American FDI into London Shows No Sign of Abating

Monday 25th February 2008

THINK LONDON NEWS RELEASE

•    On track for 27 per cent increase year on year
•    Think London gears up US team with key hire
 
Despite the global economic slowdown, foreign direct investment from North America into London continues to grow. New figures show that inward investment from North American companies assisted by Think London, the foreign direct investment agency for London grew by 27 per cent over the same period last year.     
 
This growth, spurred primarily by the continued investment of US technology firms into London, has led to Think London gearing up its US presence by announcing the appointment of Richard Stanaro to the Executive Management Team as Director of Business Development for North America.
 
Based in San Francisco, Richard will be responsible for managing the Business Development Team in the San Francisco, New York and London offices, and for overseeing the handling of investment projects into London against global competition.
 
Commenting on his new role, Richard Stanaro said:
“Think London’s increased presence in North America, confirms the importance of US and Canadian inward investment to London’s economy. I am excited by the challenge and grateful to be part of this realignment here and in London that will serve to deliver an even faster and targeted service to our clients and partners.�
 
Michael Charlton, Chief Executive, Think London commented:
“The US is a key market for us, and these latest figures show that companies looking to globalise still choose London. Our research shows that companies generate a better return on investment in London than anywhere else in Europe, and our US team, headed up by Richard is perfectly poised to help US companies realise that growth.�
 
Think London is a non-profit organisation and provides free, confidential and comprehensive advice to help international businesses set up and succeed in London.
 
Think London has a well established track record of helping businesses establish themselves in the capital and has helped more than 1,000 companies from 43 countries since 1994.

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For more information about how Think London can help your business visit: www.thinklondon.com
 
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