Economy News in English
Latest economy headlines from Dutch news, translated into English.
Regional transport strikes in full swing: 'It varies by region'
Regional transport workers in the Netherlands have begun a series of weekly strikes after collective labor agreement talks failed. Employees are pushing for better pay and improved working conditions,...
Cyber incident costs Albert Heijn at least 10 million euros, experts estimate
Experts estimate that a recent cyber incident has cost supermarket chain Albert Heijn at least 10 million euros in lost revenue and operational expenses. The disruption has halted online ordering and ...
Albert Heijn resumes store deliveries today
Albert Heijn has resumed deliveries to its stores today. The supermarket chain is currently in the process of providing further updates regarding the situation.
US begins large-scale resource extraction in Greenland
The United States is launching large-scale resource extraction in Greenland, focusing on extensive oil and mineral potential. A trilateral agreement with Denmark and Greenland also enables the expansi...
ASML records 113,000 euros profit per employee and enters global top three
ASML has achieved record financial results with a quarterly profit of nearly 5 billion euros, driven by massive global demand for its chip manufacturing machines. The company has reached a 42 percent ...
MediaMarkt pulls crypto wallets from shelves over stolen currency
MediaMarkt has removed Ledger cryptocurrency wallets from its online platform after it was discovered that some devices were tampered with by a third-party seller to steal digital assets. While no rep...
From Nedersaksen line to A20 highway: billion-euro deficit forces cabinet to make tough infrastructure choices this week
The Dutch government is set to make challenging decisions this week on infrastructure investment due to a multi-billion euro budget deficit. Officials must weigh the urgent need to repair aging roads ...
Albert Heijn restarts systems, shelves may not be fully stocked for a week
Albert Heijn is working to restore its internal systems after a recent cybersecurity incident caused supply chain disruptions and halted online grocery deliveries. The company expects it could take up...
Dutch people ate over half a kilo less meat in 2025 than a year earlier
Meat consumption in the Netherlands dropped by 2 percent in 2025, continuing a ten-year downward trend in the intake of beef and pork. While poultry consumption saw a slight increase, total edible mea...
ASML cannot keep up with high demand: order flow rises further after strong quarter
Chip equipment manufacturer ASML reported a strong quarter and continues to face high demand for its machines. The company intends to scale up its operations as client orders are projected to remain r...
Liveblog: Cyber crisis at AH | Many empty shelves in Albert Heijn stores, app and delivery service down
Supermarket chain Albert Heijn is facing its fourth day of widespread disruptions following a major cybersecurity incident that has disabled its app, website, and delivery services. While physical sto...
Regional transport workers go on strike: 'I want to stand up for my future'
Regional bus drivers in the Netherlands have launched a series of strikes to protest proposed changes to their work schedules and longer, ten-hour shifts. The workers argue these new conditions negati...
OpenAI employee arrested for planting hidden listening device
An OpenAI engineer, Abdulrahman Alfozan, has been arrested for allegedly planting a hidden eavesdropping device in the company's executive boardroom. While the suspect faces federal charges, OpenAI ma...
Jetten wants American diesel deal with 'enemy' Russia scrapped
Dutch Prime Minister Jetten has condemned a new deal for the United States to purchase 300,000 tons of diesel from Russia, calling it unwise and a direct contradiction of efforts to sanction an enemy....
Anti-smoking foundation loses final ruling on 'cheating cigarettes'
The Dutch Trade and Industry Appeals Tribunal has ruled against the anti-smoking organization Rookpreventie Jeugd regarding their request to change cigarette testing methods. The court determined that...
Albert Heijn warns of phishing risk after cyber incident, investigation ongoing
Albert Heijn is investigating a cybersecurity incident that has caused significant disruptions to its online services, delivery operations, and store supply chains. The supermarket chain has reassured...
Albert Heijn violates employee terms of employment according to union
The labor union FNV accuses Albert Heijn of breaching employment contracts by failing to pay staff for shifts canceled due to a recent cybersecurity incident. While the union demands compensation for ...
Dating app Bumble to be acquired and delisted from stock exchange
Bumble is being acquired by Ithaca Holdings for 6.05 dollars per share, marking the dating app's exit from the stock market. The move follows a period of declining user engagement as the platform atte...
"A bit scary": customers find Albert Heijn computer incident unsettling
Supermarket chain Albert Heijn faced a major cybersecurity incident that disrupted fresh product deliveries and disabled digital price displays for several days. While store operations are recovering,...
Gas prices hit yearly high due to Gulf region shortage
European gas prices have hit their highest point since 2022 due to supply shortages following reduced imports from the Gulf region. This scarcity has forced Europe to compete with Asia for limited gas...
Empty shelves, saunas in the coolers: our essential services are vulnerable to cyber incidents
The grocery sector is increasingly facing cybersecurity threats, leading to incidents such as empty store shelves and malfunctioning cooling equipment. Experts warn that these vulnerabilities in essen...
Concerns in Diemen over Amsterdam's cuts to homelessness services
The municipality of Diemen is urging Amsterdam to clarify its financial commitment to regional efforts against economic homelessness amid fears of budget cuts. Officials in Diemen worry that a reducti...
Netherlands unprepared for large-scale wartime military transport: billions needed
The Dutch Court of Audit reports that the Netherlands lacks the infrastructure necessary for large-scale military transport, failing to meet several technical NATO requirements. Addressing these issue...
Ahold Delhaize sees no signs that personal data has been stolen
Ahold Delhaize is working to restore systems after a cyberattack caused widespread disruptions to its websites and distribution centers, though no evidence of data theft has been found. The Dutch gove...
Banks launch alternative to Apple and Google Wallet: My Check
Dutch banks ABN Amro, ASN, and Rabobank have launched My Check, a new digital identity wallet designed to reduce dependence on American tech companies. The app allows users to securely store and selec...
Customs processes far fewer individual packages following import duties, workload remains high
Dutch customs report a sharp decline in individual e-commerce parcels since the implementation of a 3-euro import levy, as retailers increasingly shift to bulk shipping. While this transition facilita...
Albert Heijn shelves increasingly empty: 'Today I'll be facing and mopping'
Albert Heijn stores across the Netherlands are facing widespread inventory shortages and operational hurdles due to a major cybersecurity incident affecting central IT systems. Staff are struggling to...
Customers can no longer earn Air Miles at Shell starting in November
Shell will discontinue the Air Miles loyalty program at its stations starting November 1, shifting focus to personalized rewards within its own mobile app. Customers have until the end of October to c...
IT crisis could hit Ahold Delhaize revenue, extent of damage still unclear
Ahold Delhaize is experiencing a multi-day IT disruption caused by a precautionary shutdown of systems following a cyber incident. This has halted online deliveries and caused supply chain issues in s...
Unrest among thousands of Albert Heijn temporary workers: sent home and uncertain about wages
A significant cybersecurity incident has disrupted operations at Albert Heijn, causing thousands of temporary workers to be sent home and creating uncertainty regarding their pay. The retailer's logis...