Business

Health insurance
Nov 9 '16 14:25

Health insurer CZ is increasing the premiums for its basic health insurance by 7.5 percent, or 7.90 euros. The total basic health insurance premium for 2017 amounts to 112.85 euros, the insurer annoucned on Wednesday, ANP reports.

According to CZ, the premium comes in below cost. The insurer expects to spend an average of 125.20 euros per insured person next year. CZ will make up the difference from its own reserves, for which CZ put aside 420 million euros. That is 40 percent of the insurer's reserves - CZ's weallth minus the financial buffeer it has to keep according to law.

Nov 9 '16 10:00

The news that Donald Trump, not Hillary Clinton, is sent most world markets into the red. The main European markets, including the AEX, opened with losses of around 3 percent, NOS reports.

Nov 8 '16 16:20

Romania etradited former No Surrender member Sooi de C. to the Netherlands. He was taken into Dutch custody on Tuesday and will be arrainged later this week, the police and Public Prosecutor confirmed to ANP.

Nov 8 '16 14:35

ABN Amro suspended nine employees suspected of forgery on mortage files, the Financieele Dagblad reports. According to the newspaper, the employees are suspected copying signatures of customers onto modified mortgage advice in order to close the file. This was done without the customers' consent.

Big data
Nov 8 '16 11:40

A fifth of Dutch companies with at least 10 employees analyze so-called Big Data - large amounts of unstructured data, according to Statistics Netherlands. This often involves analysis of their own data, but one in 10 companies also analyze data from outside the company.

Big data analysis is more common in large companies than smaller ones. About 15 percent of companies with between 10 and 20 employees do it, compared to 42 percent of companies with 500 or more employees.

Marks & Spencer
Nov 8 '16 11:05

British retail chain Marks & Spencer is closing dozens of stores in a number of countries, including the Netherlands, as part of a major cost cutting operation. In the Netherlands the storesi n Amsterdam and The Hague are closing their doors. These stores employ a total of about 160 people, ANP reports.

Worldwide 2,100 jobs will be lost. Marks & Spencer will discuss plans for these employees with the works councils in affected countries, and possibly aso with the unions, accoring to ANP. 

Nov 8 '16 08:17

The KLM cabin crew members will again be striking before each departing flight at Schiphol oon Wednesday. The plan is to strike for 40 minutes before each flight unions VNC and FNV announced on Monday.

Nov 7 '16 12:00

Although air travelers in Europe are entited to compensation for flight delays of more than three hours, about half of Dutch passengers do not get this compensation, the Telegraaf reports.

The newspaper based its report on figures from organizations like Reisrecht, Vluchtvertraacht, EUclaim and Consumentenbond. According to Henry Noorderhaven of EUclaim, every year about 80 thoousand Dutch miss out on this compensation, most of them get talked out of claiming. This involves an amount of about 35 million euro, according to him. "the aviation inspectorate does nothing."

Nov 7 '16 11:25

National Ombudsman Reinier van Zutphen calls on Dutch municipalities to immediately act on welfare requests from residents over the age of 27. A number of municipalities first require applicants to apply for jobs. According to the Ombudsman, this is "absolutely improper" and against the welfare rules, NU.nl reports.

Nov 7 '16 10:12

King Willem-Alexander and Queen Maxima arrived in a rainy New Zealand on Monday morning for a three day state visit. They were welcomed to the Government House in Wellington by a Maori ceremonial challenge, in which visitors have to show that they come with good intentions, ANP reports.

Nov 7 '16 08:19

About 70 percent of people in the Netherlands who have problems paying their bills have little to no savings, according to a study by the national institute for budget information Nibud. Having savings is one of the most crucial ways to prevent payment problems, the institute says in its report. The level of income does not seem to be influence money problems, ANP reports.

Nibud urges people to make sure they have a bufer of savings. Set aside 10 percent of monthly income, the institute advices. Currently only 40 percent of households save a fixed amount every month. 

Nov 4 '16 09:53

Dozens of taxis were fined at Schiphol airport on Thursday for violations ranging from parking in the wrong place to not having the proper papers. The municipality of Haarlemmermeer, the Koninklijke Marechaussee and the Environment and Transport Inspectorate are teaming up to tackle inappropriate behavior by taxis, according to NOS.

Nov 4 '16 09:27

King Willem-Alexander and Queen Maxima's state visit to Australia and the simultaneous trade mission was a success. The trade mission brought in about 125 million euros in orders to Dutch businesses, Minsiter Henk Kamp of Economic Affairs announced in Brisbane on Friday, the Telegraaf reports.

The trade mission was comprised of 95 companies, that traveled in the wake of the Royals on their state visit. Dutch companies and their Australian partners signed contracts and cooperation agreements in a number of sectors, including water, healthcare, horticulture, IT and infrastructure. 

Nov 3 '16 15:25

ABN Amro has to pay 142 million euros in additional tax in agreement the bank reached with the tax authorities, Financieele Dagblad reports based on internal documents. According to the newspaper, the extra tax has to do with tax liability of two companies ABN Amro owns.

The two companies - Simba Finance and Pumbaa Finance - invested in governmentbonds and have 2.1 billion euros and 2.2 billion euros in assets respectively. In the prospectus the bnk wrote that the results of the companies do not have to be added to their own results. 

Nov 3 '16 12:20

Budget airline easyJet and union VNV reached an agreement on a collective bargaining agreement for easyJet pilots stationed in the Netherlands, NOS reports.

Nov 3 '16 11:45

Dutch bank ING saw its net profits increase to 1.35 billion euros in the third quarter, an increase of 27 percent compared to the same quarter last year. The bank's total income rose by 9 percent to 4.4 billion euros, ING announced on Thursday, ANP reports.

ING granted more loans to consumers and businesses and took in more savings. ING's loans increased by 3.6 billion euros and on balance attracted 2 billion euros in savings. Despite the low interest rates, the bank got "healthy" margins on its loans. 

Nov 3 '16 11:10

Air France-KLM is setting up a new subsidiary to compete with companies from particularly the Gulf countries. According to the French-Dutch airline, companies such as Emirates are able to work at laower costs in markets where Air France-KLM want to grow, NU.nl reports.

Looking for a job
Nov 3 '16 10:15

The percentage of young Dutch without a basic qualification that are unemployed is increasing, according to Statistics Netherlands. In 2008 more than 70 percent of young people without a basic qualification had a job. Now less than 60 percent are employed.

The unemployment rate for young people with a basic qualification is also higher than before the financial crisis. In the Netherlands a basic qualification is considered a completed MBO level 2, HAVO or VWO

Nov 3 '16 09:59

The Hague municipality is implementing anonymous job applications on a permanent basis following a very successful trial, the municipality confirmed to the Telegraaf. 

If you want to apply for a job at the municipality of The Hague, your name, birthplace and homeland will be blacked out on your CV and introduction letter. That means that the Selection Committee can judge whether or not you're suitable for the job based on your qualifications alone. Soon age will also be removed to prevent discrimination against older people. 

Nov 3 '16 09:37

Frits Goldschmeding, founder of recruitment agency Randstad, is again on top of the Quote 500 list - the list of the richest Netherlands residents. This is despite seeing his wealth drop by a quarter this past year, AD reports.

Goldschmeding tops the list with assets amounting to 3.5 billion euros. Second place went to construction magnate Dik Wessels, who saw his assets increase by 10 percent to 3.3 billion euros. And in third is chemisstry billionaire Hans Melchers, whose assets increased by 25 percent to 2.5 billion euros.

Nov 2 '16 12:50

Train drivers and conductors will get more variety in their work, NS agreed with unions VVMC, FNV and CNV while discussing the new schedule for 2017 on Tuesday, ANP reports.

Nov 2 '16 12:10

The KLM cabin crew members are increasing the labor actions they are performing against the airline's plans to From Thursday the crew members will strike for 30 minutes before each flight, ANP reports.

Nov 1 '16 16:00

NS, ProRail, municipalities and the Ministry of Infrastructure and Environment are together investing 80 million euros into creating 80 thousand extra parking spots for bicycles at train stations, the Telegraaf reports. 

Young person
Nov 1 '16 14:50

A group of about 800 young people and young adults in Dordrecht and its surrounding municipalities - the so-called Drecht-cities - are living below the radar. The municipalities have no idea what they're doing - they're not in school, studying, working or receiving unemployment benefits, the Telegraaf reports. 

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