Business News in English

Latest business headlines from Dutch news, translated into English.

Odido employee falls for phishing site: police share conversation with hack suspect for the first time
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Odido employee falls for phishing site: police share conversation with hack suspect for the first time

Dutch police have released audio of a phone call where a suspect impersonated an IT worker to trick an Odido employee into compromising company security. This successful phishing attack led to a massi...

Wealthier than mom and dad? Younger generations usually have more money than their parents
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Wealthier than mom and dad? Younger generations usually have more money than their parents

Data from Statistics Netherlands (CBS) shows that younger generations are generally wealthier than their parents were at the same age. Millennials are more likely to own a home and have savings compar...

'Rare' fruits and vegetables still barely leave the farm
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'Rare' fruits and vegetables still barely leave the farm

About 15 percent of produce grown in the Netherlands is discarded annually because it fails to meet strict supermarket standards for size and appearance. While waste-reduction organizations are active...

Live: Nationwide public transport strike | Schiphol remains partially accessible during public transport strike
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Live: Nationwide public transport strike | Schiphol remains partially accessible during public transport strike

A 24-hour nationwide public transport strike in the Netherlands has concluded, with normal service schedules resuming on Thursday. The protest, led by unions to oppose proposed social security cuts, c...

Boss recognizes employee (26) on TV crime show and fires him, but it costs him dearly
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Boss recognizes employee (26) on TV crime show and fires him, but it costs him dearly

A Utrecht-based employer was ordered to pay over 24,000 euros in damages after firing a 26-year-old employee he incorrectly identified as a suspect on a crime television show. The court ruled the dism...

Archive with one hundred hours of Oasis recordings could fetch 1.8 million euros
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Archive with one hundred hours of Oasis recordings could fetch 1.8 million euros

A collection of one hundred hours of rare Oasis recordings, spanning from 1994 to 2001, is being auctioned with an estimated value of up to 1.8 million euros. Although the buyer will own the physical ...

Hotel in 'Kinkerbuurt hole' approved after years-long battle, but neighborhood continues fight
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Hotel in 'Kinkerbuurt hole' approved after years-long battle, but neighborhood continues fight

Despite a favorable ruling from the Council of State for a long-stay hotel in Amsterdam's Kinkerbuurt, local residents are continuing their decade-long protest against the development. Opponents hope ...

Volkswagen converts factory for defense production
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Volkswagen converts factory for defense production

Volkswagen will stop vehicle production at its Osnabruck plant next year to transition the facility into a manufacturing hub for defense equipment. The partnership with the defense firm Rafael aims to...

Former executive of Belgian chipmaker suspected of spying for China
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Former executive of Belgian chipmaker suspected of spying for China

A former executive of the bankrupt Belgian chipmaker Belgan has been arrested on charges of espionage and fraud for allegedly leaking trade secrets to a Chinese company. Prosecutors suggest that the c...

Eurozone economy grows stronger than expected thanks to Ireland
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Eurozone economy grows stronger than expected thanks to Ireland

The eurozone economy experienced stronger-than-expected growth, reaching 1.2 percent annually due to a substantial 10 percent surge in Ireland's output. While the broader European Union also saw growt...

Why rising national debt is now making your mortgage and loans more expensive
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Why rising national debt is now making your mortgage and loans more expensive

Rising national debt levels and persistent inflation are driving up interest rates as investors demand higher risk premiums on bonds. This trend, exacerbated by heavy investment in artificial intellig...

French wine harvest set to be one of the worst in thirty years
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French wine harvest set to be one of the worst in thirty years

France is facing one of its worst wine harvests in three decades due to severe drought and extreme heat conditions across the region. While Southern Europe struggles with the adverse effects of climat...

Production of Dutch flying car can begin: set to take flight in 2028
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Production of Dutch flying car can begin: set to take flight in 2028

Dutch company PAL-V has received production certification from EASA for its flying car, the PAL-V Liberty. The vehicle is expected to receive full type certification within eighteen months, with plans...

Companies increasingly choosing air freight due to war and AI
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Companies increasingly choosing air freight due to war and AI

Global businesses are shifting toward air freight to ensure faster delivery of critical goods amid geopolitical tensions in the Middle East and the rapid expansion of AI infrastructure. This logistics...

ABN AMRO employees to also walk off the job on Tuesday
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ABN AMRO employees to also walk off the job on Tuesday

About 150 ABN AMRO staff members are planning a one-day strike on Tuesday to protest proposed government cuts to social benefits like unemployment and disability insurance. The union-led action highli...

Younger generations generally wealthier than predecessors despite difficult housing market
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Younger generations generally wealthier than predecessors despite difficult housing market

Recent data from Statistics Netherlands indicates that younger generations generally enjoy higher purchasing power and wealth than their predecessors, despite difficulties in the housing market. Altho...

Government wastes large amounts of money on gas storage filling targets
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Government wastes large amounts of money on gas storage filling targets

The Dutch government is subsidizing the filling of gas storage facilities to prevent winter shortages, with costs expected to be passed on to consumers. Experts caution that these state-led interventi...

Snapchat sued in the Netherlands: platform accused of being addictive and unsafe for children
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Snapchat sued in the Netherlands: platform accused of being addictive and unsafe for children

Stichting Massaschade & Consument has filed a class-action lawsuit against Snapchat in the Netherlands, alleging the platform's features are designed to be addictive for minors. The foundation is seek...

Carmen (59) must find a new job but is afraid to: 'Otherwise we will miss out on thousands of euros'
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Carmen (59) must find a new job but is afraid to: 'Otherwise we will miss out on thousands of euros'

Carmen, a 59-year-old facing redundancy after her team was declared redundant, fears seeking a new job due to potential losses in her pension. Career coach Anne-Marije Buckens addresses this concern, ...

More illegal IPTV services shut down, but it remains an uphill battle
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More illegal IPTV services shut down, but it remains an uphill battle

Stichting BREIN has shut down over 100 illegal IPTV services this year, yet the proliferation of such platforms remains a persistent challenge linked to organized crime. Experts warn that consumers fa...

Supermarkets expect fewer queues at deposit machines from 2028 but fear messiness
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Supermarkets expect fewer queues at deposit machines from 2028 but fear messiness

Dutch supermarkets anticipate less congestion at deposit machines by 2028 as more retailers will be required to accept packaging. However, they are expressing concerns regarding hygiene issues related...

Nearly ten times as many reports of phishing emails involving booking sites
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Nearly ten times as many reports of phishing emails involving booking sites

Reports of phishing scams involving booking platforms have increased nearly tenfold in the first half of 2026 compared to last year. Experts attribute this rise to recent data breaches that provided c...

Largest power station in the city to rise at the site of the old Hemweg power plant: the aorta of the Amsterdam electricity grid
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Largest power station in the city to rise at the site of the old Hemweg power plant: the aorta of the Amsterdam electricity grid

A new electricity station is being built at the site of the former Hemweg coal-fired power plant in Amsterdam to alleviate pressure on the city's overloaded grid. City officials describe the project a...

Temporary restaurant opens in renovated first-class waiting room at Central Station
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Temporary restaurant opens in renovated first-class waiting room at Central Station

The traveling restaurant De Maaltuin has temporarily opened in the renovated first-class waiting room at Amsterdam Central Station for a two-month residency. NS is using this period to showcase the hi...

Unrest in the Middle East pushes recommended petrol price to 2.71 euros per litre
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Unrest in the Middle East pushes recommended petrol price to 2.71 euros per litre

Geopolitical unrest in the Middle East has pushed the recommended price of Euro95 petrol in the Netherlands to a record 2.712 euros per litre. Energy experts caution that prices at motorway service st...

Expensive gas and looming power shortages: should coal plants stay open after all?
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Expensive gas and looming power shortages: should coal plants stay open after all?

The Netherlands is debating whether to keep coal-fired power plants open past 2030 due to rising gas costs and potential future electricity shortages. Experts are divided on the necessity of these pla...

Fewer ships in Panama Canal due to El Niño drought
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Fewer ships in Panama Canal due to El Niño drought

The Panama Canal is reducing daily ship transits from 36 to 32 starting in mid-September due to a severe drought linked to El Niño. The ongoing climate event, which has also triggered emergencies in ...

Ten years of Verhalenhuis Haarlem: "There was absolutely nothing to do in the North"
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Ten years of Verhalenhuis Haarlem: "There was absolutely nothing to do in the North"

Verhalenhuis Haarlem is celebrating its tenth anniversary as a vibrant cultural center located within the local Immanuelkerk. Since its inception, the venue has grown from offering a few activities to...

Fertilizer company ICL wants to reopen factory in Westpoort in September
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Fertilizer company ICL wants to reopen factory in Westpoort in September

Fertilizer company ICL is scheduled to reopen its Westpoort factory on September 14 after a closure intended to address long-standing odor and emission concerns. Simultaneously, provincial authorities...

Dutch Polarsteps became a global hit, but now the travel app is under fire
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Dutch Polarsteps became a global hit, but now the travel app is under fire

The Dutch travel application Polarsteps, based in Amsterdam, is facing criticism for failing to adequately protect the private data of its 23 million users. Reports indicate that sensitive information...