Business News in English
Latest business headlines from Dutch news, translated into English.
Cabinet invests 450 million euros in underground hydrogen storage
The Dutch cabinet is investing 450 million euros from the Climate Fund into the construction of underground hydrogen storage facilities. This initiative aims to support the transition to renewable ene...
Minister still has no plan for housing vulnerable groups
Minister Eleanor Boekholt-O’Sullivan has not yet formulated a concrete plan to provide housing for vulnerable groups facing critical needs. While various stakeholders have developed preliminary buil...
Time is money in theater construction as costs threaten to soar: Every month of delay means 50,000 euros in extra costs
The renovation and new construction of the Stadsschouwburg Velsen are facing significant budget overruns, with delays costing an additional 50,000 euros per month. The local municipal council is now c...
DNB opens ATMs on Saba and Sint Eustatius
De Nederlandsche Bank (DNB) has opened its first ATMs on the islands of Saba and Sint-Eustatius this week. The initiative aims to improve access to cash withdrawals for local residents, business owner...
Vijlbrief: Meat might be 'a bit' more expensive due to temp agency ban
Dutch Minister Hans Vijlbrief suggests that meat prices may increase slightly starting in June 2028 due to an upcoming ban on temporary employment agencies in the meat sector. He defends the policy as...
Court examines site of Rotterdam gold heist
The court visited a safe deposit company in Rotterdam to investigate a massive gold heist that occurred between 2018 and 2019. Prosecutors estimate the current value of the stolen gold, which remains ...
Global food prices drop slightly as Strait of Hormuz remains open
Global food prices decreased for the second consecutive month in June, falling 0.3 percent according to the UN's Food and Agriculture Organization. The decline was primarily driven by lower costs for ...
Mandatory internship compensation, but no minimum amount
The Dutch cabinet has decided that all students will be entitled to a mandatory internship allowance in the future. However, the government has not set a minimum amount, allowing for significant varia...
Gamblers get no refunds from unlicensed online casinos
The Dutch Supreme Court has ruled that gamblers who lost money at unlicensed online casinos are not entitled to a refund. This decision overturns previous lower court rulings and effectively ends atte...
Schiphol expects 12.7 million passengers this summer, slightly more than last year
Schiphol Airport expects to welcome approximately 12.7 million passengers during the upcoming summer vacation period. This figure represents a slight increase compared to the 12.4 million travelers re...
Working longer hours, layoffs and delayed bonuses: thousands of Mercedes employees protest
Thousands of Mercedes-Benz employees are protesting against planned cost-cutting measures, including increased working hours without salary increases. The demonstrations also address broader job losse...
Schiphol and other major airports warn of wait times of up to five hours due to new customs system
Ymere can evict tenants from social housing after 33 years: they own seven homes and five business premises
Ministry of Defence invests tens of millions in drone company and takes golden share option for the first time
The Dutch Ministry of Defence is investing tens of millions of euros into Intelic, an Amsterdam-based company specializing in drone control software. As part of this deal, the ministry will secure a '...
AI craze swallows chip factories and we feel it in our wallets: iPhone also getting expensive quickly
Apple has significantly increased the prices of its iPads and MacBooks due to a global shortage of memory chips. The surge in demand for AI technology is contributing to these rising costs, which anal...
COA and Egeria keep reason for split over Zijlweg 245 asylum center secret. 'Not appropriate'
The Central Agency for the Reception of Asylum Seekers (COA) and property owner Egeria have declined to disclose why negotiations regarding the establishment of an asylum center at Zijlweg 245 in Haar...
Kiki Coster puts her beach pavilion Noosa up for sale to move to Portugal: I would prefer to take it with me
Kiki Coster has put her beach pavilion, Noosa Beach, up for sale as she plans to move to Portugal for a new adventure. Although Coster expressed a wish to bring the pavilion with her, she is now seeki...
Cabinet to ban temporary workers in meat sector
The Dutch government plans to implement a ban on the use of temporary agency workers in the meat processing industry starting in mid-2028. This measure aims to address and eliminate labor abuses and t...
IJmuiden resident suspected of illegal fish trade, 57,000 euros in cash seized
On July 1, the Netherlands Food and Consumer Product Safety Authority (NVWA) arrested an individual from IJmuiden on suspicion of illegal fish trading. During the operation, authorities searched a fis...
Tesla surprises stock market with significantly higher global vehicle deliveries than expected
Tesla reported a significant recovery in the second quarter, delivering 25% more vehicles globally compared to the same period last year. This performance exceeded market expectations following a decl...
Eminem loses trademark battle against Australian brand Swim Shady
American rapper Eminem has lost a legal trademark battle against the Australian beachwear brand Swim Shady. The musician had objected to the brand name, arguing that it was too similar to his long-sta...
Thirty million euro subsidy for Oost neighborhood heating network: "Decisive turning point"
The residents' initiative MeerEnergie has received a 30 million euro government subsidy to develop a neighborhood heating network in Amsterdam's Middenmeer district. Although the project aims to conne...
Gall & Gall employees get their way: higher wages and Sunday bonuses
Liquor store chain Gall & Gall has reached a new collective labor agreement with the CNV union, which includes salary increases and the preservation of Sunday surcharges for employees. This agreement ...
Aviation sector pleads with Brussels to delay new border control system
The European aviation sector is facing significant flight delays and disruptions due to the implementation of the new digital Entry/Exit System (EES). Industry representatives are urgently requesting ...
Research platform: Facebook channels profit from polarization
Research platform Justice for Prosperity has found that thousands of Dutch Facebook pages are generating revenue by spreading content designed to incite anger and polarization. These pages masquerade ...
New caravans remain popular, used motorhomes suffer from higher costs
Sales of new caravans in the Netherlands increased during the first half of this year. Conversely, the market for used campers declined, largely due to rising costs for owners.
Thrift sector has enough goods but lacks money and manpower
Thrift store organizations in the Netherlands are facing significant financial pressure due to rising labor, energy, and housing costs alongside decreasing subsidies. Despite having an abundance of do...
Google loses appeal against EU billion-euro fine at top court
The European Court of Justice has rejected Google's final appeal against a 4.13 billion euro fine imposed by the European Union. The penalty was issued due to Google's abuse of its market power regard...
Louis van Gaal steps down as advisor to Ajax supervisory board
Louis van Gaal steps down as Ajax supervisory board advisor
Louis van Gaal has stepped down as an advisor to the Ajax supervisory board. He had been providing technical football advice to the club since October 2023.