Business

Peter Wakkie
Jan 17 '17 08:10

Dutch lawyer and business executive Peter Wakkie, who was , was released from custody. Wakkie was arrested on Monday morning and released at 00:30 a.m. on Tuesday, after the Spanish authorities were through with questioning him, a spokesperson for the businessman in the Netherlands said to ANP after making contact with the man.

Jan 16 '17 17:15

On Monday Amsterdam launched a city-wide campaign with which the municipality hopes to break through the taboo on talking about debt and money problems. The intention is that the campaign will prompt people with money trouble to ask for help, the city said in a press release.

Closing down sale
Jan 16 '17 10:11

The number of bankruptcies in the Netherlands last year fell to its lowest level since 2008, Statistics Netherlands announced on Monday. In 2016 a total of 4,396 companies were declared bankrupt - nearly a fifth less than in 2015 and almost 4 thousand fewer than when bankruptcies peaked in 2013.

Last month 328 companies and institutions were declared bankrupt, 88 fewer than in November 2016.

Jan 13 '17 17:05

The Netherlands is one of the most economically stable countries in the world, according to a report published by consulting and accounting firm KPMG on Friday. KPMG ranks Netherlands in second place, after Switzerland in first place and before Luxembourg in third. Hong Kong and Norway make up the top five, ANP reports.

According to KPMG those are the five countries that are macro-economically the most stable - they have a good infrastructure and a highly educated population. They are above average on involvement in the world economy and have very strong public institutions.

Jan 13 '17 14:45

A anti-asylum seeker headline in Dutch newspaper the Telegraaf on Saturday led to a campaign calling on businesses to pull their advertisements from the "xenophobic" newspaper.

The headline in Dutch read: "Kanslose aslieplaag ongehinderd verder". Translated to English, it reads: "Prospectless asylum plague continues without hindrance". 

Jan 13 '17 14:10

Banks and trust companies can do much more to prevent corruption, such as money laundering and fraud, in football, the Dutch central bank DNB concluded after investigating how financial firms deal with the risk of shady practices in football, the Volkskrant reports.

Jan 13 '17 13:35

The Dutch government made approximately 450 million euros by selling 20.4 million shares in former Fortis insurer ASR. The shares were sold for 22.15 euros each, NLFI announced on Friday, ANP reports.

The NLFI is the foundation that manages the Dutch government's shares in financial institutions.

With the sale of 20.4 million shares on Thursday, the government's share of ASR reduced from 63.7 percent to 50.1 percent. the government plans to further reduce its share in ASR, but has to wait at least 90 days before another transaction can happen.

Jan 12 '17 16:50

Housing prices in Amsterdam increased a massive 23 percent last year, according to figures from the Dutch association of realtors NVM. The national average housing price increase was 9 percent, RTL Nieuws reports.

The average home in the Netherlands now costs about 20 percent more than in the low point of the financial crisis, the third quarter of 2013. The value of houses in Amsterdam is already well over half again as high. 

Jan 11 '17 13:50

Dutch petroleum company NAM singed up with the Transition Coalition - a coalition of about 50 companies working to accelerate the Netherlands' transition to renewable energy sources, NAM director Gerald Schotman announced in his New Year speech, ANP reports.

"As far as I am concerned, the transition can, if not must, be more ambitious", Schotman said.

Jan 11 '17 12:40

Schiphol opened its doors for too many airlines and that is why the airport is now nearing its limit in flight movements, according to airline KLM. That means that KLM can no longer grow at the airport and that is bad for the economy, KLM CEO Pieter Elbers said to newspaper AD on Wednesday.

Friesland, Drenthe, Groningen's campaign to bring a Tesla factory to the northern Netherlands
Jan 11 '17 12:05

Drenthe, Friesland and Groningen launched a global campaign to bring a massive Tesla factory to north Netherlands. "Hi Tesla. We are Top Dutch", the

Jan 11 '17 07:58

The distribution of funds between the national government and municipalities should be urgently reassessed by the new cabinet, the Council for Financial Relations said, according to newspaper Trouw. The Council called the current system "inefficient", "cluttered" and "inconsistent".

Vacation
Jan 10 '17 14:55

Dutch residents went on vacation more often in 2016, though more of them stuck to vacationing in the Netherlands rather than going abroad, according to figures from NBTC NIPO Research. Dutch also paid closer attention to safety last year, avoiding places with terrorism threat or political unrest. Turkey in particular was a place to avoid for the Dutch last year, with visits there decreasing by 30 percent, NOS reports.

Jan 10 '17 10:25

Schiphol airport processed a record number of 63.6 million passengers last year, 9 percent more than in 2015, Schiphol Group announced. The number of flight movements increased by more than 6 percent to 479 thousand flights. If this growth rate continues, Schiphol will exceed its maximum number of allowed flights before the end of the year, ANP reports.

Up until 2020 Schiphol is only allowed 500 thousand flight movements a year. 

Jan 10 '17 09:40

Last year was a good year for real estate in the Netherlands. In 2016 investors spent a massive 13.15 billion euros on Dutch real estate, breaking the 13.15 billion euros record set in 2007, on the eve of the global property bubble burst, Financieele Dagblad reports based on figures from real estate advisor CBRE.

According to the newspaper, the record year can be attributed to a combination of an abundance of capital, a lack of alternative investments, the exceptionally low interest rates and a strong economic recovery. 

Jan 10 '17 09:09

According to PvdA leader Lodewijk Asscher, the free movement of workers in the European Union - one of the EU's core values - has become a "business model for lwo wages". He calls on his European colleagues to put a stop to his by limiting labor migration in the EU, the Volkskrant reports.

Police
Jan 10 '17 08:11

The former director of a bankrupt family business in Rijswijk is the main suspect in a  ice skating stadium in Heerenveen on Saturday. Businessman Bert Jonker was injured in the shooting. Jonker's company picked up the bankrupt estate of the main suspect's company in 2015, the Volkskrant reports.

Max Verstappen's  Aston Martin V12 Vantage S sold for 239,500 euros, 9 Jan 2017
Jan 9 '17 16:00

Cito Motors in Eindhoven sold Formula 1 star Max Verstappen's former Aston Martin V12 Vantage S for 239,500 euros on Monday. The car was listed for sale for less than a day, AD reports. 

According to an employee of Cito Motors, it was quite a tense sale. "There were many rivals in the field." the employee said to the newspaper.

The 572 horsepower car has only 4,128 kilometers on the odometer. Verstappen drove the car for 6 months as figurehead for Aston Martin. As the car was driven and approved by the F1 star, it now bears a Verstappen approved label under the hood.

Jan 9 '17 14:15

In December Air France-KLM again transported significantly more passengers than in December 2015, an upward trend that can be seen across several months. As in previous months, the increase was visible in all parts of the airline group, AD reports. 

Air France-KLM transported a total of 7.2 million passengers in December, 7.6 percent more than the same month in 2015. Air France saw a 3 percent increase, KLM saw 8 percent more. Transavia's passengers increased by more than a third to 800 thousand.

Airbnb
Jan 9 '17 13:40

A student who rented out his Amsterdam room for three weeks through Airbnb will be allowed to keep living there, the court in Amsterdam ruled. Housing association De Key demanded that the student move out, Het Parool reports.

By renting out the room, the student broke the lease agreement with De Key. The student rented a student room to tourists between September 26th and October 17th last year, without getting permission from the housing association.

Taxi
Jan 9 '17 10:36

Striking taxi drivers in Amsterdam blocked access to the taxi stand on the west side of Amsterdam Central Station on Monday, which means that travelers can not take a taxi from the station. The drivers are tired of the endless new rules from the municipality of Amsterdam, a spokesperson said to NOS.

According to the spokesperson, the problems started when the municipality moved the taxi stand from the front to the back of the station. "We lost almost 60 percent of our customers", he said. People don't know where to find the taxis. "Even the toilet signs are better clarified."

Jan 6 '17 13:30

The Dutch food and consumer product safety authority NVWA issued 20 percent more fines in 2016 than in 2015 for violation of various consumer laws. These included violation of the Commodities Act, the Tobacco Act, Medicines Act and the Act for the protection of plants and animals, ANP reports.

The NVWA attributes the increase to stricter inspections and letting fewer culprits go with a warning. In total the NVWA 7,766 fines. This included things like selling products you aren't allowed to, giving false information and the like. 

Dressed for the cold
Jan 6 '17 12:52

Large parts of the Ede neighborhoods of Veldhuizen and Kernhem have been without heating and hot water since early Friday morning. An estimated 2 thousand homes are affected. When the heating will return is unclear, energy provider Nuon wrote on Twitter, the Telegraaf reports. 

Jan 6 '17 10:12

At least 2 thousand Dutch people tried to report their boss, family member, friend or neighbor to the Tax Authorities last year, according to figures BNR got from the Tax Office. The Department Individuals received over 2 thousand tips from people about someone they know's income tax, for example, the broadcaster reports.

This specifically does not involve tax evasion by companies.

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