Business News in English
Latest business headlines from Dutch news, translated into English.
Companies eye 178 billion mega-pot for defense contracts, but one hurdle remains
The Dutch government's plan to invest 178 billion euros in defense has triggered a surge in interest from companies seeking military contracts. Economists from Rabobank predict that revenue for these ...
Terraces fill up again: what about the prices this year?
As sunny weather returns, terraces across the Netherlands are filling up with customers enjoying outdoor dining and drinks. The article highlights the seasonal shift while raising questions about how ...
Jewelers more cautious as gold prices hit record highs: 'You get much less jewelry for your money'
Record-high gold prices are driving individuals to sell their old jewelry in large quantities while making new purchases less attractive for consumers. Jewelers and goldsmiths are becoming more cautio...
ACM intensifies oversight of energy market due to rising gas prices
The Netherlands' Authority for Consumers and Markets (ACM) is intensifying its oversight of the energy market in response to rising gas prices caused by instability in the Middle East. The regulator i...
Reader Question: Is PostNL allowed to record your ID details when picking up a parcel?
A reader's inquiry explores why PostNL service points record identification details when customers collect packages, contrasting this with the less stringent requirements for home deliveries. The arti...
Siem de Jong and Daniel de Ridder return to Ajax as technical managers
Former players Siem de Jong and Daniel de Ridder have returned to Ajax to serve as technical managers. They will work alongside Technical Director Jordi Cruijff in their new roles at the club.
Number of cancelled flights to Middle East continues to rise
Ongoing tensions in the Middle East are causing a significant increase in the number of cancelled flights to the region. This disruption is resulting in major travel issues for passengers as air traff...
South Holland requests power grid capacity for a quarter million homes
The province of South Holland has requested electricity grid capacity for approximately 250,000 new homes planned for construction through 2032. This collective application was submitted to grid opera...
New museums are increasingly becoming experiences: "This is our vortex tunnel"
Amsterdam is seeing a rise in 'experience museums' focused on social media photos and immersive activities rather than traditional art collections. While these commercial venues aim to make learning a...
New museums are increasingly becoming experiences: "This is our vortex tunnel"
Amsterdam is seeing a rise in commercial experience-based museums that prioritize immersive environments and social media appeal over traditional art collections. While critics argue these for-profit ...
Paying ransom after Odido hack would have been pointless, experts say
Telecom provider Odido refused to pay a ransom to the Shinyhunters hacking group following a data breach, despite facing criticism from affected customers. Cybersecurity experts and insiders support t...
Tourists seek more value for money and stay outside the city more often
A report by Amsterdam&partners reveals that a growing percentage of tourists visiting Amsterdam are opting to stay overnight outside the city or with friends to find better value for their money. This...
Closure of Stingray coffeeshop in Beverwijk now final: license revoked after incidents
The Council of State has upheld the decision to permanently close coffeeshop Stingray in Beverwijk by rejecting the owners' appeal. Mayor Martijn Smit's revocation of the operating permit and toleranc...
Dutch Parliament not reassured after social media explanation of algorithms
Representatives from TikTok, Meta, and Google failed to reassure members of the Dutch House of Representatives during a meeting regarding algorithm transparency and platform influence. Lawmakers expre...
Gas price falls after two days of increases: 'Rumors of a deal'
Natural gas prices fell on Wednesday following two days of significant increases, leading to an increase in trading activity. This market shift is expected to ultimately benefit consumers.
Air France temporarily suspends flights to Cuba: 'Simply no demand'
Air France is temporarily suspending flights to and from Cuba from late March to mid-June due to a significant decline in tourist demand. The airline cited Cuba's ongoing energy shortages and domestic...
Listed companies more often have enough women than private firms
A study by the CPB found that listed companies in the Netherlands have more women on their supervisory boards than other large companies. This trend is driven by the mandatory gender quota that applie...
Fill up your tank soon, advises the Consumers' Association
The Consumentenbond advises consumers to fill their fuel tanks immediately as energy prices rise sharply due to the conflict in Iran. International instability has sparked concerns about future costs ...
Court rules Armada Music does not have to pay extra royalties to artist
The court in Amsterdam has ruled that record label Armada Music is not required to pay additional royalties to artist Martijn Schrader for the digital exploitation of his music. The judge determined t...
Brussels wants governments to buy European for independence
The European Commission has introduced a legislative proposal requiring EU member states to prioritize European-made products for government procurement. This move aims to reduce reliance on foreign i...
Chemours faces 20 million euro fine over greenhouse gases
Chemical company Chemours faces a potential fine of up to 20 million euros if it continues to violate regulations regarding F-gases. These fluorinated hydrocarbons are potent greenhouse gases that sig...
Gas price drops again after days of sharp increases
Gas prices decreased on Wednesday after two days of sharp increases, as traders monitor U.S. plans to protect shipping in the Middle East. In the Netherlands, energy suppliers are adjusting contracts,...
KLM head of flight operations looks back on successful flight from Oman
A KLM flight repatriating stranded Dutch travelers from Oman landed successfully at Amsterdam Schiphol Airport on Wednesday morning. Eimerd Bult, KLM's head of flight services, described the mission a...
Maarten van Gessel (67) temporarily at the helm of Woningbedrijf Velsen: ‘I look forward to supporting the corporation in this transition phase’
Woningbedrijf Velsen has appointed 67-year-old Maarten van Gessel as its interim director to lead the housing association during a transition period. Van Gessel will remain in the position until a per...
Dutch fuel prices rise further: ‘Slowly toward record levels’
Fuel prices at Dutch gas stations increased for the second consecutive day on Wednesday, driven by the ongoing conflict in the Middle East. While advisory prices from major oil companies have risen by...
Energy suppliers limit fixed contracts due to high gas prices
Energy suppliers Vattenfall and Eneco have temporarily restricted fixed-term contracts due to soaring gas prices caused by the conflict in the Middle East. The rise in costs has made energy procuremen...
Odido must change course after ‘chillingly cold’ response to massive data breach: ‘They give customers nightmares’
Communications expert Jan Driessen has criticized internet provider Odido for its "fearfully cold" response to a major data leak affecting millions of customers. Driessen warns that the company must c...
Warner Bros. working on new Game of Thrones series and film
Warner Bros. is developing a new television series and a feature film set within the Game of Thrones universe. These upcoming projects were reported by several American media outlets as part of an exp...
Trump threatens to halt all trade with Spain
U.S. President Donald Trump has threatened to halt all trade with Spain. The threat follows reports that Spain refused to allow the American military to use its bases for missions related to Iran.
Operator of The Coffee Spot Turfmarkt wants to keep business but lacks permit: ‘I’ve put a year and a half of love into it’
The owner of The Coffee Spot on Turfmarkt in Haarlem is legally challenging the local municipality to obtain a catering permit and prevent the closure of his business. During a court hearing, the entr...