nu

More bankruptcies in August than a year ago, hospitality sector hit hardest

More bankruptcies in August than a year ago, hospitality sector hit hardest

In August 2026, 304 companies in the Netherlands filed for bankruptcy, an increase compared to both the previous year and the month of July. The hospitality sector was particularly affected by this rise in insolvency cases.

Related articles

Employers want to overhaul collective labor agreements: 'Invest now, more wage room later'

Employers want to overhaul collective labor agreements: 'Invest now, more wage room later'

Employers are proposing a change to collective labor agreement negotiations in 2027 by prioritizing investments in education, AI, and productivity over immediate wage increases. They argue that these measures will strengthen businesses, creating more long-term potential for higher wages and job security.

CNV demands 3 to 5.5 percent wage increase in new collective agreements: Workers must not foot the bill again

CNV demands 3 to 5.5 percent wage increase in new collective agreements: Workers must not foot the bill again

The trade union CNV is demanding a wage increase of 3 to 5.5 percent during upcoming collective labor agreement negotiations. Additionally, the union is calling for a standardized travel allowance increase to 25 cents per kilometer across all agreements.

Good news for savers: interest rates are rising slightly

Good news for savers: interest rates are rising slightly

Interest rates are rising globally, which allows savers in the Netherlands to earn money on their savings again. This marks a positive shift after a long period of low interest rates.

On sunny days, panels switch off: why solar farms are barely generating anything anymore

On sunny days, panels switch off: why solar farms are barely generating anything anymore

Solar parks in the Netherlands are becoming less profitable as electricity prices often turn negative on sunny days, forcing operators to shut down panels. Local energy cooperatives are now facing financial challenges and exploring costly technical solutions to address the issue.

Large-scale European fraud with slaughter and sport horses, NVWA conducts raids

Large-scale European fraud with slaughter and sport horses, NVWA conducts raids

European authorities conducted 24 raids, including seven in the Netherlands, as part of an international investigation into a criminal network. The group illegally sold sport horses as slaughter horses by falsifying passports and microchips, posing significant health risks.