Noshaq, the leading investment company based in Liège, has successfully concluded its latest investment cycle. During the period 2021-2026, the Liège investor deployed an impressive nearly 600 million euros into no fewer than 647 companies, providing a significant boost to the regional economy, particularly within the province of Liège.
What is happening
Noshaq, formerly known as Meusinvest, has substantially exceeded its strategic objectives for the past cycle. The investments, spread across hundreds of companies, demonstrate the depth and breadth of its commitment to the Walloon economy. These record investments have contributed to strengthening the economic fabric of the region by providing both capital and strategic guidance to promising enterprises.
For the upcoming investment period, Noshaq has formulated ambitious plans: the management aims to achieve one billion euros in assets under management. This significant step confirms Noshaq's crucial role as a driver of economic development and employment in the province of Liège and beyond. This goal reflects growing confidence in Wallonia's economic resilience and Noshaq's capacity to facilitate this growth.
Regional Growth and Employment
These substantial investments by Noshaq have direct and measurable consequences for local employment and innovation. By specifically investing in both start-ups and established SMEs, as regularly highlighted by the National Bank of Belgium in its analyses of SME financing, Noshaq contributes to a diverse and resilient economic landscape in Wallonia. The focus is on sustainable growth and supporting companies with potential, which is essential for the region's economic vitality. Local authorities, such as the City of Liège, also benefit from this economic dynamism, which ensures more stable tax revenues and reduced social burdens.
Background
Noshaq has been a crucial player in the Walloon investment landscape for decades, with a deeply rooted mission to stimulate economic activity and create value through capital investments and strategic guidance. The name change from Meusinvest to Noshaq in 2017 symbolized a broadening of its focus and a modernization of its approach. The recent 2021-2026 cycle is characterized by a record amount of invested capital and the number of supported enterprises, underscoring the growing dynamism of the Liège region, and more broadly, the Walloon Region. The company often collaborates with other Belgian investment funds and the public sector to realize projects, creating synergies that amplify their impact.
What this means for Belgium
Noshaq's results are a positive signal for the entire Belgian economy, particularly for Wallonia. They underscore confidence in the local business climate and the capacity of regional investors to finance large-scale projects. This success can serve as an example for other regional development companies in Belgium. The ambition to achieve one billion euros in assets under management positions Noshaq as an even more significant player in the national investment market.
This could lead to further collaborations with entities such as the Société Régionale d'Investissement de Wallonie (SRIW) and other financial institutions, both private and public. A stronger Noshaq contributes to the macro-economic stability pursued by the Federal Government by creating sustainable employment and fostering innovation. This positive development in Liège contributes to balanced economic growth across the different regions, ultimately benefiting Belgium's overall economic prosperity.
L'Echo's reporting emphasizes the "historic" nature of this investment cycle for Noshaq and its impact on the Walloon economy, confirming the scale and success of this achievement.
