Business

Supermarket chain Jumbo established a subsidiary in Belgium - the next step in the Dutch chain's mission to open stores in the Netherlands' neighboring country, NU.nl reports.

Jumbo announced in November that it plans to open stores in Belgium. The first Belgian Jumbo stores will open only after this year, financial director Ton van Veen said. In March Jumbo posted a vacancy for an "experienced real estate acquisition agency" in Belgium, which must help the group select suitable shop locations. 

During excavations in the city of Groningen, a bomb was found that the municipal archeologists believe was fired at the city in 1672. The cast iron mortar grenade weighs over 40 kilograms and was found more than 2 meters deep in the ground, according to broadcaster NOS.

Fintech company Adyen had an exciting first day on the Amsterdam stock exchange AEX on Wednesday. The opening price for the Amsterdam based company's shares was 400 euros per share, the introductory price was 240 euros, RTL Z reports.

Halbe Zijlstra, former VVD Minister of Foreign Affairs, is a candidate for a top position at the World Bank. Prime Minister Mark Rutte is an enthusiastic advocate for Zijlstra's nomination, but not everyone in the government agrees, insiders told RTL Nieuws.

Zijlstra is nominated to become a an administrator at the World Bank, the important UN organization that provides loans to developing countries, according to the broadcaster. Former State Secretary Frank Heemskerk, the man currently holding the position, is stepping down this summer. 

The demand for migrant workers in the Netherlands is already high and will only increase in the coming years, according to research by SEO Economic Research, commissioned by temporary employment agency ABU. This is especially true in agriculture and horticulture, business services, logistics, wholesale, the food industry and the metal industry, RTL Z reports.

German supermarkets removed tens of thousands of Dutch eggs from themselves because they were found to be contaminated by toxic insecticide fipronil. The German Ministry of Agriculture says that there is no danger to public health, NOS reports.

It involved around 73 thousand eggs from an organic chicken farmer in the Netherlands. They were delivered between May 17th and June 4th and were sold in six states all over Germany. Some of the eggs were already sold to consumers before the contamination was discovered.

Dutch retailer Leapp, which sells used and refurbished Apple devices, was declared bankrupt on Friday. The 24 Leapp stores will remain closed for the time being, as this will give the chain the best chance of a restart, according to bankruptcy administrator Kees van de Meent, NU.nl reports.

NS wants to reduce crowds in rush hour trains by making train tickets for outside rush hour cheaper. That will cost 35 million euros that NS does not have. CEO Roger van Boxtel is therefore turning to the government, RTL Nieuws reports.

Passengers that travel outside rush hour should pay 40 percent less for their tickets, Van Boxtel thinks. This will encourage people to avoid trains during their busiest point and thereby result in a better distribution of passengers. 

Minister Eric Wiebes of Economic Affairs thinks that gas extraction in Groningen could be reduced to below 12 billion cubic meters by 2020, he wrote in a letter to parliament. Though he added that he can not guarantee this as the effect of a number of planned measures is not yet certain, RTL Nieuws reports.

Amsterdam fintech company Adyen will debut on the Amsterdam stock exchange on June 13th under the symbol ADYEN. As of Tuesday, selected investors can already buy shares for a price between 220 and 240 euros. With that, Adyen is valued at between 6.5 billion and 7.1 billion euros. The issue price for normal investors will be announced on June 12th, RTL Nieuws reports.

Higher education in the Netherlands must be able to internationalize further, but only if it improves the quality of education and if Dutch students are not displaced, according to Minister Ingrid van Engelshoven of Education. She is therefore giving universities and universities of applied sciences more room to internationalize, but this will go with clearer conditions and stricter supervision, ANP reports.