Business News in English
Latest business headlines from Dutch news, translated into English.
From water pumps to mash: Mike (30) switches careers to start home-based takeaway. ‘The whole house smelled of mash every day’
30-year-old Mike Slot from Castricum has launched a home-based delivery service called Oma’s Stamppotkeuken to provide healthy meal options. The business focuses on traditional Dutch stamppot dishes...
American investor makes billion-dollar bid for record label behind Taylor Swift
American billionaire Bill Ackman's investment firm, Pershing Square Holdings, has launched a multi-billion dollar takeover bid for Universal Music Group. The record label represents major global artis...
Why thousands of Dutch people are buying electric cars now: ‘I’ve finally been swayed’
The Netherlands is seeing a significant surge in electric vehicle sales, with second-hand EV purchases rising nearly 50% in March compared to February. This trend is largely driven by consumers seekin...
Major damage after ATM bombing at five-star hotel in Amsterdam
An ATM bombing occurred on Tuesday morning at the Pestana Amsterdam Riverside hotel in Amsterdam-Zuid, causing significant damage to the building. The perpetrators targeted an ATM located inside the f...
Attack reported on Saudi petrochemical facility
An attack on the petrochemical industry in the Saudi Arabian city of Jubail caused fires at SABIC factories during the night. Local sources reported hearing loud explosions as the facilities of the Sa...
ING not yet halting Russian operations: sale falls through
Dutch bank ING has cancelled the sale of its Russian business operations, which was originally intended to facilitate its exit from the country. Despite previously announcing it would stop taking on n...
Burglary at second-hand shop in Haarlem
Police are searching for two young suspects following a burglary at a second-hand shop on Generaal Cronjestraat in Haarlem early Tuesday morning. The suspects smashed a store window around 4:20 AM and...
ATM blast at Amsteldijk hotel, bomb squad on site
An ATM bombing occurred at a hotel on the Amsteldijk in Amsterdam South around 5:00 AM. The Explosive Ordnance Disposal Service (EOD) and forensic investigators are currently examining the scene, whic...
Camping even more popular due to global unrest: High season already heavily booked
Camping is becoming increasingly popular in the Netherlands, leading to a rise in caravan sales and campsites being fully booked well in advance of the high season. Industry experts attribute this tre...
Crucial greening or subsidy trap? Debate over support for Tata Steel erupts
The Dutch House of Representatives is debating a proposed 2 billion euro subsidy aimed at helping Tata Steel transition to sustainable production methods. The potential funding has sparked significant...
Construction workers benefit from labor shortages: Wages rising faster than elsewhere
Collective labor agreement wages in the Netherlands rose by an average of 4.5% over the past year, resulting in a 2% real wage increase after accounting for inflation. According to the Central Bureau ...
The Tata debate on billions in subsidies is coming: here are the sticking points
The Dutch House of Representatives is scheduled to hold a six-and-a-half-hour debate this Tuesday regarding billions of euros in proposed subsidies for Tata Steel Netherlands. The discussion will focu...
Crowdfunding for TommyTomato to continue feeding 30,000 children, company flooded with positive reactions
A crowdfunding campaign has been launched to save the Haarlem-based school lunch delivery service TommyTomato from bankruptcy. The initiative aims to raise 35,000 euros to ensure the company can conti...
Parisian eyewear in Leidsestraat: first Jimmy Fairly opens in the Netherlands
Energy company ONE-Dyas ramps up gas production from North Sea field with second well
Dutch energy company ONE-Dyas has increased gas production in the North Sea by activating a second production well at the N05-A platform. Located north of Schiermonnikoog, this addition allows the com...
Port of IJmuiden greener thanks to joint initiative
The 'Green in the harbor' project in IJmuiden is starting to show positive results a year after its launch. This joint initiative aims to make the port area more sustainable and environmentally friend...
London festival that booked Ye loses another sponsor
The London-based Wireless Festival has lost beverage supplier Diageo as a sponsor, following a similar withdrawal by Pepsi. These departures occur after the festival announced rapper Ye as a headliner...
Giethoorn feels impact of war: Asian tourists stay away, businesses hope for Europeans
Giethoorn is experiencing a decrease in tourists from Asia and the Middle East this Easter weekend due to the impact of the war. Local business owners are hoping that an increase in European visitors ...
Gas expensive, flight tickets expensive, holiday homes expensive... where to go on vacation?
Dutch recreation entrepreneurs and travel organizations are facing significant uncertainty due to rising fuel costs and increased taxes on vacation homes. Geopolitical instability in the Middle East a...
Explosion at business premises in Nieuw-West, police search for suspect
Tickets for Southeast Asia's largest budget airline significantly more expensive due to Iran war
AirAsia X, Southeast Asia's largest budget airline, is raising ticket prices by 40% and eliminating unprofitable routes to mitigate the financial impact of the conflict in the Middle East. The Malaysi...
Do you like sending and receiving cards and letters? Would you pay extra for fast delivery? Let us know
Starting next summer, postal delivery in the Netherlands will take longer to arrive. The article seeks reader feedback on their mail habits and whether they are willing to pay extra for faster service...
Cheaper electric cars in demand due to high oil prices
Sales of second-hand electric cars in Noord-Holland have tripled in a year as high oil prices drive consumers toward more affordable transportation. Dealerships report a significant increase in demand...
Halfweg Eten en Drinken celebrates 15th anniversary. ‘You must treat your staff just like your guests’
Freek Kamp is celebrating the fifteenth anniversary of his restaurant, Halfweg Eten en Drinken, in Heemskerk. The owner attributes his success to treating staff with the same respect as guests and rem...
Skippers stop filling tanks as prices skyrocket: ‘Otherwise I’d have to take out another mortgage’
Fuel prices for inland shipping in the Netherlands have doubled in just a few weeks, significantly increasing operating costs for skippers. Many in the sector are struggling to cope with the surge, fe...
Living on 11 square meters for 100,000 euros: It’s not your own home, it’s just a tiny room
An 11-square-meter room in Amsterdam's De Baarsjes neighborhood is being offered for sale for nearly €100,000, requiring a cash purchase as mortgages are not available for such shared units. Amsterd...
Intern's webshop causes major frustration for Louis after jacket order
The Dutch Ombudsman team reports frequent complaints regarding webshops that fail to fulfill legal obligations and delivery agreements. One highlighted case involves a customer's frustration with the ...
New start for Paviljoen Loef behind Teletubbie Hill: 'A sail-through for your boat'
Paviljoen Loef, located at the Mooie Nel in Haarlem, has reopened following an extensive renovation. The establishment is now open daily from 9 AM to 9 PM and features a unique sail-through service fo...
Complaint to European Commission over proposed state aid for Tata Steel
The legal organization Advocates for the Future is filing a complaint with the European Commission regarding the Dutch government's proposed multi-billion euro subsidy for Tata Steel. The jurists argu...
PSV are champions again and the economy keeps growing: what is Eindhoven's secret?
PSV has secured another national football championship title as the economy in the Eindhoven region continues to thrive. Over the past twelve years, the economy around Eindhoven has grown twice as fas...