Business

Feb 28 '17 15:25

Dutch railway company NS paid a total of over half a million euros in severance pay to two senior executives last year, according to the company's annual report published on Tuesday. The report states that NS paid "two managers in key positions" a total of 566,956 euros in severance pay, RTL Nieuws reports.

All that is known about these two executives is that they were not on the board of directors, according to the broadcaster. Exactly who they are, what functions they filled, why they left NS and how the money was divided between them is unclear. 

Feb 28 '17 11:50

The Dutch university and college courses with limited space received more than twice as many applications than they have space. The limited enrollment courses at Dutch tertiary education institutions have space for about 20 thousand students. They've received almost 47 thousand applications, the Telegraaf reports. 

Feb 28 '17 10:35

The number of welfare recipients in the Netherlands increased by 4 percent last year, according to figures Statistics Netherlands released on Tuesday. At the end of December 2016 the Netherlands counted a total of 467 thousand welfare recipients, 18 thousand more than December 2015.

The growth can mainly be attributed to non-Western immigrants, particularly asylum seekers who were given refugee status in the Netherlands last year. After being given a residency permits, refugees can apply for welfare. 

Feb 28 '17 09:57

Dutch workers are the happiest of all workers in Europe, according to a study by HR service provided ADP. More than three quarters of Dutch workers are satisfied with their work, relationships with colleagues and stress levels, the study found. Workers in Italy are the least satisfied, RTL Nieuws reports.

The study was done among 10 thousand European workers, including 1,300 Dutch.

Dutch workers are especially satisfied that they have the opportunity to work from home, a good balance between work and private life and a good relationship with their colleagues.

Feb 28 '17 09:41

Dutch oil and gas giant Shell has known about the dangers of climate change for over 30 years, yet still continues to work with fossil fuels and does its best to frustrate an effective approach to the climate problems facing the world, according to a reconstruction done by De Correspondent and published on Tuesday.

Feb 27 '17 14:40

Between 1996 and 2003 Dutch construction company Ballast Nedam paid bribes to the Saudi kings Fahd and Abdullah, broadcaster Human reported on Monday based on documents from the Tax Authorities' investigative department FIOD. All in all Ballast Nedam paid 500 million dollars to members of the Saudi royal family, according to the broadcaster.

The company and the Public Prosecutor reached a 17.5 million euros settlement on this bribery case in 2012.  

A FlyBe plane at Schiphol airport in Amsterdam
Feb 27 '17 12:55

Airline FlyBe is cooperating in an investigation into a crash landing by one of its planes at Schiphol Airport in Amsterdam last week. The plane late afternoon. None of the 59 passengers were injured.

Feb 27 '17 12:20

In the period between 1950 and 2016 six out of seven farms in the Netherlands disappeared, Statistics Netherlands said on Monday. But the average size of the remaining companies increased significantly, from 5.7 hectares to 32.4 hectares. 

The number of animals per farm also increased significantly. In 1950 the average farmer had seven pigs, compared to 1,600 last year. Cattle numbers increased from 13 to 160. 

Feb 27 '17 11:45

In the next four years PostNL will be cutting another 2 thousand jobs while accelerating the company's transformation into a parcel delivery specialist, the Dutch postal service announced with its annual figures on Monday, ANP reports. Up until the end of 2020 between 500 and 600 full time jobs will disappear annually from the Dutch mail division.

According to CEO Herna Verhagen, there will only be a few forced dismissals. Most employees will be stepping down willingly or reassigned. In the same period 1,600 new jobs will be created in the package division. 

Arcade machine
Feb 26 '17 11:00

The Aalborg Hotel in Amsterdam, which turned nine of its rooms into the Arcade Hotel last year, will soon convert all of its rooms into gaming rooms due to the massive demand. Soon guests in all rooms will be able to play games from consoles in the rooms or sign up to the hotel network for LAN parties, Het Parool reports.

Feb 24 '17 13:50

Albert Heijn is opening restaurants and cafes in its larger stores. On  Friday the first Bakery Cafe and Deli Kitchen are opening in the Albert Heijn store on Amsterdam's Gelderlandplein. Dozens of other stores will follow in the coming months, the Telegraaf reports.

The Bakery Cafe is located at the entrance of the store. There customers can get something to eat before or after doing their grocery shopping. In the Deli Kitchen, customers can order salads, meals, pizzas and grilled chicken to take home or eat right there. You will also be able to create your own pizza or salad. 

Feb 24 '17 13:15

Greek brewery Macedonian Thrace Brewery is claiming 100 million euros from Heineken in a lawsuit filed with the court in Amsterdam. According to the Greek brewery, the Dutch beer giant abused its position of power in Greece, NU.nl.

Officially the lawsuit is filed against Athenian Brewery, Heineken's Greek subsidiary. Macedonian Thrace Brewer claims that Heineken stalled the competition in the Greek beer market for years by making exclusive deals with retailers. The brewer claims that it could not achieve its growth potential due to Heineken's unfair competition.

Jeroen Dijsselbloem
Feb 23 '17 11:13

Thanks to higher than expected revenue and lower than expected spending, the Dutch government is left with a 200 million euros surplus on the 2016 budget, Minister Jeroen Dijsselbloem of Finance said in a letter to parliament on Thursday, ANP reports.

The surplus can almost entirely be attributed to the total tax and premium revenue of last year, which came out 3.1 billion euros higher than projected. Expenses were 0.2 billion euros lower. In the Autumn calculations the government still expected a budget deficit of 3.1 billion euros.

Feb 21 '17 16:25

Last year Haarlem was the Dutch city with the most traffic jams, according to the annual TomTom Traffic Index. Haarlem motorists who drove to work during morning rush hour every weekday, spent 100 hours in traffic jams last year. After three years in first place, the Hague dropped to second place in 2016. Amsterdam came in fifth, RTL Nieuws reports.

Airbnb
Feb 21 '17 15:50

Last year Dutch Airbnb landlords received a total of 1.4 million guests, according to a report the home sharing site released. The report has no figures for the Netherlands for 2015, but last year the Netherlands received way more guests than the 75 thousand of 2012, NOS reports.

There are currently 31 thousand apartments, houses or rooms in the Netherlands available to rent on Airbnb. A large proportion of them are in Amsterdam. According to the site, the average Airbnb landlord rents out his house for 28 nights a year and earns about 3 thousand euros.

Feb 21 '17 15:05

On the world rankings for private rental housing Amsterdam is 17th most expensive, according to British startup Nested, who compiled the ranking, AT5 reports.

Nested took a total of 72 major cities world wide and compared them based on income needed to rent a home. In Amsterdam the price per square meter is 22.06 euros and one person pays an average of 860 euros on rent. For that an average annual income of 35,605 euros is needed. The average rent for a family is 1,632 euros, for which an annual income of 67,558 euros is needed.

Feb 21 '17 08:02

Two thirds of Defense personnel have no confidence in the top military leadership, according to a survey of nearly 8,500 Defense employees by military unions AFMP, ACOM, VBM and KVMO. More than 84 percent say that Defense Minister Jeanine Hennis-Plasschaert does not give them more confidence in the organization, the Telegraaf reports.

Shopping
Feb 20 '17 10:45

This month consumer confidence in the Netherlands rose by one point to 14, reaching its highest level in 9.5 years, Statistics Netherlands announced on Monday. The slight rise can be attributed to more positive feelings about the economy and a slightly higher willingness to spend money, according to the statistics office.

At 14 points the consumer confidence level is well above the average -8 of the past 20 years. Consumer confidence reached its highest level in April 2000 when it stood at 27 points. Its low point was -44 in February 2013. 

Feb 20 '17 09:05

American company Kraft Heinz withdrew its with Anglo-Dutch food giant Unilever. The two companies announced in a joint statement on Sunday that Kraft Heinz "amicably agreed" to withdraw the plan, ANP reports

Crime scene (Photo: Politie)
Feb 20 '17 08:46

Last year a total of 276 shops were robbed, compared to 310 in 2015, according to figures from Dutch retail association Detailhandel Nederland. But while robberies are decreasing, criminals are committing more ramraids and ATM bombings, NOS reports.

The number of registered store robberies has never been so low, according to the association. Over the last seven years, store robberies dropped by a massive 70 percent. This can be attributed to political attention to this type of crime and the establishment of the Robberies Taskforce, according to Detailhandel Nederland. 

Feb 19 '17 09:00

On Thursday restoration work on the Amstel Hotel in Amsterdam officially started. The restorations are expected to take a year and a day - the same amount of time it took to build the most prolific hotel in the Dutch capital, Het Parool reports.

Feb 18 '17 09:00

Last year Schiphol saw the most growth of all major airports in Europe. The number of passengers that traveled through the Amsterdam airport increased by 9.2 percent to almost 64 million, thereby passing the airports in Frankfurt and Istanbul and taking the third spot on the list of Europe's busiest airports, NOS reports. 

The top five airports in Europe now are:

Heinz ketchup
Feb 17 '17 14:46

Unilever announced that it rejected a merger proposal brought by food giant Kraft Heinz on Friday, saying that the 125 billion dollar approach "fundamentally undervalues" the Anglo-Dutch company. Kraft Heinz is not giving up however and will continue to negotiate, Reuters reports.

Feb 17 '17 13:45

The Dutch government is implementing stricter rules for very high salaries that are paid with tax money, such as those of presenters for public broadcasters or managers in healthcare. From now on workers in the public and semi-public sector may no longer earn more money than Ministers, Minister Ronald Plasterk of Home Affairs announced on Friday, ANP reports.

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