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==Economy== Given the presence of the [[KU Leuven]], Europe's most innovative university according to Reuters,<ref>{{Cite web|url=https://nieuws.kuleuven.be/en/content/2017/ku-leuven-once-again-tops-reuters-ranking-of-europes-most-innovative-universities|title=KU Leuven once again tops Reuters ranking of Europe's most innovative universities|website=Nieuws.kuleuven.be|access-date=25 June 2022|archive-date=7 January 2019|archive-url=https://web.archive.org/web/20190107174155/https://nieuws.kuleuven.be/en/content/2017/ku-leuven-once-again-tops-reuters-ranking-of-europes-most-innovative-universities|url-status=live}}</ref> much of the local economy is concentrated on spin-offs from academic research. In addition, the Leuven-based research centre, [[IMEC]], is a research centre in the field of nano-electronics and digital technologies. As a result, dozens of companies in high technological fields such as biotech, robotics, additive manufacturing and IT, are located near these research institutes on the Arenberg Science Park and [[Haasrode Research-Park]]. Quite a few international companies such as [[Siemens]],<ref>{{Cite web|url=https://lrd.kuleuven.be/en/news/siemens-acquires-lms-international|title=Siemens acquires LMS International|website=Lrd.kuleuven.be|access-date=25 June 2022|archive-date=5 May 2021|archive-url=https://web.archive.org/web/20210505131828/https://lrd.kuleuven.be/en/news/siemens-acquires-lms-international|url-status=live}}</ref> [[Huawei]],<ref>{{cite web|url=http://www.huawei.com/en/news/2015/05/hw_427623|title=Huawei Launches New European Research Institute to Gear up European Digitization Progress and Achieve Win-Win Outcomes β Huawei Press Center|website=Huawei.com|access-date=5 January 2018|archive-date=6 January 2018|archive-url=https://web.archive.org/web/20180106063912/http://www.huawei.com/en/news/2015/05/hw_427623|url-status=live}}</ref> [[Nitto Denko]], JSR Corporation or Commscope have important, often research oriented branches, in Leuven. The academic hospital [[UZ Leuven]], first in Europe regarding the number of clinical tests per capita and approval rates for clinical trials, [[UZ Leuven]] is another advanced research institute. It is one of Europe's largest academic hospitals. As a result, large numbers of private service providers are active in the medical, financial and legal fields. Because it is the capital of the province of [[Flemish Brabant]], many governmental institutions are located in Leuven, as well as the regional headquarters of transport corporations such as [[De Lijn]]. As one of Flanders Art-Cities,<ref>{{cite web|url=http://www.visitflanders.com/en/destinations/index.jsp|title=Flemish destinations|website=Visitflanders.com|access-date=25 January 2019|archive-date=25 January 2019|archive-url=https://web.archive.org/web/20190125183654/https://www.visitflanders.com/en/destinations/index.jsp|url-status=live}}</ref> with a large range of cafΓ©s, restaurants, cultural institutions and shopping neighbourhoods, Leuven also attracts a growing number of tourists. Leuven is the worldwide headquarters of [[Anheuser-Busch InBev]], the largest beer company in the world and is considered one of the largest [[fast-moving consumer goods]] (FMCG) companies in the world. InBev's [[Stella Artois]] brewery and main offices dominate the entire north-eastern part of the town, between the railway station and the [[canal]] to [[Mechelen]]. Finally, Leuven is the ancestral home of the [[KBC Group]]. KBC is one of the leading financial groups in Europe. It is a multi-channel bank-insurance group, with a geographic focus on Belgium and Central Europe, catering mainly to retail clients, SMEs and local midcaps. As one of the largest companies in Belgium and it has its insurance and auto lease HQ in Leuven.
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