Business News in English
Latest business headlines from Dutch news, translated into English.
Housing prices not falling for now, despite rising mortgage rates
Although the number of houses for sale in the Netherlands has nearly doubled to 37,000, property prices are still expected to rise due to ongoing demand. Higher mortgage rates, currently averaging 4.4...
Nightlife trend among Gen Z: alcohol falling out of favor, 3-MMC and ketamine rising in popularity
A 2025 Antenne-monitor study reveals that young adults in Amsterdam are drinking less alcohol while the usage of drugs like 3-MMC and ketamine is increasing. This trend marks a significant shift in th...
Sjefietshe in De Pijp closes its doors, but the viral 'hotdoctopus' remains
The popular Amsterdam cevicheria Sjefietshe is closing after seven years as owner Bas Lammersen seeks a new chapter in his career. Despite the restaurant's closure in De Pijp, the establishment's vira...
Automaker Stellantis halts Peugeot and Citroën factories due to battery shortage
Stellantis is pausing production at its Peugeot and Citroën plants in France due to a shortage of batteries for its electric vehicle models. The company is adjusting its manufacturing schedule to ali...
Despite a great summer, sales disappoint at this Zandvoort beach club
Despite a sunny summer, beach pavilion owner Steef Molenaar in Zandvoort reports lower turnover as customers spend less due to the rising cost of living. He advocates for year-round operating permits ...
Cabinet makes ‘offer’ to opposition: small savers and crypto investors hit, workers better off
The Dutch government is revising its budget by scrapping planned social security cuts and shifting tax burdens toward small savers and investors. While these changes seek to appease opposition parties...
Keep your hands off our texts: writers demonstrate at Meta's Dutch office against unlawful copying and distribution of texts
Journalists, writers, and translators protested at the Dutch headquarters of Meta on Tuesday to oppose the use of their copyrighted texts for training AI models. The participants demanded an end to un...
Sales of controversial Meta glasses under pressure: clubs demand ban in the Netherlands and threaten lawsuit
Advocacy groups are demanding that Meta stop selling its smart glasses in the Netherlands due to privacy violations and unauthorized filming. They have threatened a lawsuit in Amsterdam if the company...
Households may receive higher compensation from Energy Emergency Fund
The Dutch government is delaying the opening of the Energy Emergency Fund to January 2024 to incorporate higher energy tariffs into the compensation calculations. This adjustment ensures that low-inco...
Households can apply for help with high energy bills after New Year's
Low-income households in the Netherlands can apply for financial aid from the National Energy Emergency Fund starting January 4 to manage high energy bills. The government has pledged 194 million euro...
Haarlem invests in a complete city
The Haarlem municipal executive has presented its 2027-2031 program budget, focusing on area-specific development and continued investment in local infrastructure. The plan aims to balance urban growt...
Judge allows three Peter Gillis holiday parks to be auctioned
A judge has authorized the forced auction of three holiday parks owned by Peter Gillis due to his failure to repay a loan of over 20 million euros. The court rejected arguments from the reality star t...
TikTok queue at Fabel Friet affects house prices: average loss of 41,000 euros
A study by TU Delft researcher Rosa van der Drift indicates that homes within 500 meters of the popular Amsterdam snack bar Fabel Friet have lost an average of 41,000 euros in value since 2022. Local ...
Drought causes problems for French water brands like Perrier and Vittel
Record-breaking heat and drought in France are threatening the supply of major mineral water brands like Perrier, Vittel, and Volvic due to receding groundwater levels. Producers are investing in new ...
New setback for Boeing: MAX 10 not yet cleared for takeoff
Boeing's 737 MAX 10 faces a new certification delay due to a software issue during the landing phase that complicates flight path navigation. The FAA is investigating potential safety risks related to...
Engineering firm Arcadis to cut approximately 1,000 jobs
Engineering firm Arcadis is planning to eliminate around 1,000 jobs as part of a major restructuring effort. The company also announced it will divest most of its architecture business and exit the Ch...
Record number of homes made sustainable with subsidies, insulation especially popular
Over 850,000 homes in the Netherlands were upgraded using government subsidies between 2021 and 2025, with insulation being the most popular choice. While record numbers were reached in 2025, data sho...
Companies can often pivot: high import levels do not necessarily create dependency
New research from the CPB suggests that Dutch companies are generally less dependent on single-country imports than feared, as alternatives are available for most products. While switching suppliers d...
Municipalities spend 185 million a year on tech giant Microsoft: 'Amount shows the extent of dependency'
Dutch municipalities spent roughly 185 million euros on Microsoft products in 2025, highlighting a deep dependency on American tech companies. Experts and officials are concerned that this reliance co...
From paracetamol to 'reindeer droppings': discount chain Die Grenze opens first store in Rotterdam
Twente entrepreneur Bert Hesselink is opening the eightieth branch of his discount retail chain Die Grenze in Rotterdam this Thursday. The retailer, known for selling a wide variety of discounted prod...
Influencer Linda (31) earns 2500 euros a month working 20 hours: 'I want to have a hundred thousand by 35'
Influencer Linda de Munck works 20 hours a week to earn a monthly income of 2,500 euros, resulting in an annual profit of 45,000 euros. She prioritizes her time and has set a goal to accumulate 100,00...
Residents and municipality face off in court over TikTok queues at Fabel Friet: how did it get so out of hand?
Neighbors of the Fabel Friet snack bar in Amsterdam are heading to court to demand that the municipality takes stronger action against massive, viral TikTok queues blocking the Runstraat. The resident...
This is what the cabinet has in store, but it makes no one truly happy yet
The Dutch cabinet is implementing significant changes to its budget proposals to secure approval from the Tweede Kamer ahead of Prince's Day. These revisions have elicited a polarized response, with l...
Backlog in bridge and lock renovation causes 20 billion euros in damages
The Economic Institute for Construction warns that a massive maintenance backlog for Dutch bridges and locks will cause 20 billion euros in economic damage by 2030. Budget shortages have forced author...
Four out of ten new homes in Haarlem were affordable for middle incomes in recent years
Between 2021 and 2024, only 41 percent of new homes built in Haarlem were affordable for low and middle-income residents, missing the upcoming national target of two-thirds. However, future developmen...
SHEIN revenue in Europe falls due to new EU tax on packages
SHEIN's European revenue fell by 13.9 percent last quarter, largely due to new EU import duties on small packages from outside the bloc. The company also increased prices and reduced advertising, lead...
Turkish stock market scandal hits hundreds of thousands of investors, mostly those with low income
Hundreds of thousands of Turkish investors have lost most of their capital after a massive stock market fraud involving over 130 investment funds was exposed. The funds used artificial trading to infl...
Gasoline and diesel prices high due to scarcity, but 100-day reserves available
Record-high gasoline and diesel prices in the Netherlands are being driven by global supply shortages and the geopolitical blockade of the Strait of Hormuz. Despite the high costs, the country maintai...
Trial successful: over 60 percent of Amsterdam asylum seekers find a job or take steps toward paid employment
A successful pilot program in Amsterdam has helped over 60 percent of participating asylum seekers find employment or make progress toward securing a job since 2025. Due to these positive results, the...
New vocational training for swimming instructors aims to tackle shortages in Amsterdam pools: We hope for hundreds of applicants
To address severe staffing shortages at city pools, Amsterdam has introduced a new vocational MBO program that allows students to earn a qualification while working as paid swimming instructors. The t...