Business News in English
Latest business headlines from Dutch news, translated into English.
Union announces nationwide public transport strike if government fails to meet demands
The FNV union has announced a nationwide public transport strike scheduled for the early morning of June 24. This action serves as a protest against government cuts to social security and will proceed...
Revolutionary Guard reports passage of 26 ships near Hormuz
The Iranian Revolutionary Guard reported that 26 cargo ships passed through the Strait of Hormuz in a coordinated manner over a 24-hour period. The IRG asserts control over the strategic waterway and ...
Zeeman attracts more customers buying more expensive items
Zeeman reported increased revenue in 2025 despite a decrease in the total volume of items sold compared to the previous year. The budget retailer is successfully attracting customers with higher spend...
Cocktail bar MOODZ in Dorpsstraat Castricum turns into a dance floor in the evening: 'I love entertaining the crowd.'
Cocktailbar MOODZ in Castricum has introduced a new look and team, transforming into a dance floor in the evenings. Owner Vincent Weber aims to blend music and cocktails to create a lively atmosphere ...
Amsterdam transport company shut down after repeated violations
Disneyland sued by visitor for using facial recognition
A visitor is suing Disneyland in the United States for allegedly using facial recognition technology without clearly informing guests. The lawsuit claims the park collected sensitive data during a fam...
Delivery of new Damen frigates delayed by years
The delivery of the first Anti Submarine Warfare (ASW) frigate by shipbuilder Damen has been delayed by several years due to stability issues in the initial design. These specialized vessels are being...
Banks fully commit to European cryptocurrency: Rabobank and ABN Amro also join
Rabobank and ABN Amro have joined a group of European banks to launch a euro-denominated stablecoin. This initiative aims to provide a European alternative to the stablecoin market currently dominated...
Is there a limit to Action's growth? 'Many people just get happy from a garden gnome'
Dutch discount retailer Action is experiencing rapid international success and is currently planning an expansion into the United States. The company maintains that pausing its growth is not an option...
Haarlem designer Hans van Paridon sues The Hague shoe store over Panara brand name
Haarlem-based designer Hans van Paridon has taken a shoe store in The Hague to court over the unauthorized use of his brand name, Panara. Van Paridon, who designed shoe collections under the name for ...
'The last taboo' lifted by new pay transparency law. Pay gap also tackled. 'Which employer says no to that?'
A new pay transparency law will take effect next year, allowing employees to request information about their colleagues' salaries. The legislation aims to break the social taboo surrounding financial ...
UK eases sanctions on certain Russian products
The United Kingdom has eased sanctions on specific Russian energy products, allowing the import of diesel and kerosene refined abroad from Russian crude oil. This policy shift permits these refined fu...
Large fire at business premises in Diemen causes heavy smoke
A large fire broke out at a business building on Weesperstraat in Diemen on Friday morning, causing significant smoke development but no reported injuries. Emergency units from multiple surrounding mu...
Construction of extra cinema screens at De Schuur starts in June; new management: ‘We are looking for provocative productions’
Construction of two additional cinema halls at the cultural center de Schuur in Haarlem is scheduled to begin this June. New directors Marelie van Rongen and Mick Stevens intend to lead the venue with...
Defense takes risks with procurement without a tender
The Netherlands Court of Audit warned that the Ministry of Defense is taking significant risks by bypassing public tender procedures and awarding procurement contracts directly. President Pieter Duise...
FNV announces nationwide public transport strikes
The Dutch trade union FNV has announced a nationwide work stoppage in public transport across the Netherlands. The specific date for the strike is expected to be revealed later this Wednesday.
From tree camp to permanent home: 750 anniversary trees take root in the city
Amsterdam has planted 750 trees gifted by local entrepreneurs to celebrate the city's 750th anniversary. These jubilee trees have been moved from temporary storage to permanent locations across the ci...
Mortgage rates rise sharply with no end in sight: house prices could come under pressure
Mortgage rates are rising rapidly as lenders respond to inflation concerns and expected central bank interest rate hikes. This upward trend is likely to continue, potentially putting downward pressure...
First NS enforcement officers start using batons
The first Dutch Railways (NS) enforcement officers were issued batons on Wednesday as part of a new pilot program. This trial aims to determine if the equipment improves the safety of employees while ...
Samsung workers prepare for 18-day strike
Approximately 48,000 Samsung employees are preparing for an 18-day strike after the company failed to reach an agreement regarding bonuses. The labor union announced the action following unsuccessful ...
Dutch consumers still spending as much despite energy crisis
Dutch consumer spending remains stable and resilient despite the ongoing energy crisis. This stability persists even as consumer confidence has declined significantly due to geopolitical tensions in t...
Mayor declares early coffee on Haarlem terraces a ‘risk for entrepreneurs’: ‘You risk a fine’
Haarlem Mayor Jos Wienen has warned catering entrepreneurs in the city center that setting up terraces before 11:00 AM risks a fine. While enforcement may sometimes be lenient, the mayor emphasized th...
EU reaches provisional agreement to finalize trade deal with US
The European Union has reached a provisional agreement on legislation to abolish import duties on goods from the United States. This move is a key component of the trade agreement established between ...
Amsterdam should have its own technical university: city’s tech position under pressure
From ‘Zeeman shame’ to hip brand: departing CEO on a decade of transforming the discounter
The departing CEO of the Dutch discount retailer Zeeman reflects on his ten-year tenure transforming the brand's image from an embarrassing low-budget store into a trendy label. Through strategic inte...
New York art auctions make comeback with record prices
The spring art auctions in New York are experiencing a significant comeback with record-breaking sales for artists like Jackson Pollock and Mark Rothko. In May alone, twelve pieces sold for over $30 m...
Tata Steel welcomes EU Parliament support to limit steel imports
Tata Steel Nederland has welcomed the European Parliament's decision to halve current steel import quotas. This measure aims to protect the European market from global steel surpluses originating outs...
First cars also becoming home batteries: 'Helps against overloaded power grid'
Electric vehicles can now be used as home batteries to supply energy back to the power grid, helping to alleviate grid congestion. This new technology is currently limited to a single car brand and on...
Schiphol queues resolved, but behind-the-scenes problems remain
Queues at Schiphol Airport have subsided as of Tuesday, though some travelers arrived early following the previous day's delays. Despite the calm in departure halls, the FNV union has established a re...
Tata Steel finds workaround for cheaper steel exports to US via UK
Tata Steel Netherlands has found a way to export steel to the United States with lower import tariffs by using a British sister company. This strategy allows Dutch steel to qualify for reduced US duti...