Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Essent
Gelderland
Noord-Brabant
Nuon
province equity
provinces
Statistics Netherlands
Zeeland
Tuesday, 3 November 2015 - 10:08
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Gelderland the Netherlands’ wealthiest province; Zeeland the poorest

Gelderland is the wealthiest province in the Netherlands with an equity of 4.7 billion euros end 2014. Noord-Brabant came in 2nd place with an equity of 3 billion euros. Zeeland is the poorest with 139 million euros. This is according to figures released by Statistics Netherlands on Tuesday. According to the statistics office, the large differences in the provinces' equities are the result of the sale of energy companies Essent and Nuon, which were sold at a profit of 13 billion euros in 2009. Only the provinces of Zeeland, Zuid-Holland and Utrecht did not have any shares in these companies. The combined equity of all the provinces amounts to 15.9 billion euros at the end of last year, 0.8 billion euros less than a year earlier and 1.6 billion euros less than in 2011. This is the third year in a row that the total equity has decreased. The largest part of the provinces' combined equity - 8.1 billion euros - is in long-term investments and deposits, last year it was 9 billion euros. According to Statistics Netherlands, the decrease can be attributed to the introduction of treasury banking. Provinces are no longer allowed to completely re-invest their matured investments outside the government. Instead they must go to the State treasury banking or lend their money to other governments.

Follow us:

Latest stories

  • Russian diesel import ban could drive up prices soon
  • Twente and AZ drop vital points in the title race
  • Train collides with trailer at level crossing in Lunteren
  • Feyenoord and PSV draw 2-2 in Rotterdam
  • 33-year-old woman dead and two seriously injured after stabbing in Delft
  • Trade union warns of strike storm; Bijenkorf and regional transport employees will stop working next week

Top stories

  • Police arrest suspect for fatal fire in Arnhem
  • Aruba prosecutor: New evidence in Natalee Holloway case is fake; American T.V. host was tricked
  • Possible passenger ceiling at Schiphol again due to staff shortage, travel agency angry
  • Hoekstra wants to reintroduce conscription
  • EU countries agree on new price cap for Russian oil
  • Hermitage shows Rembrandt and contemporaries from The Leiden Collection

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content