Business

houe for sale/sold sign
Feb 21 '18 13:20

Housing prices in the Netherlands were 8.8 percent higher in January than in the same month last year, the highest increase in 16 years, Statistics Netherlands and the Land Registry reported on Wednesday. 

The prices of existing homes in the country have been increasing steadily since June 2013. Housing prices are now at about the same level as in January 2008. 

Compared to the housing market peak in June 2008, the current housing prices are still 2 percent lower. Compared to the low point on the market in June 2013, the current prices are around 25 percent higher. 

Container Terminal
Feb 21 '18 12:40

The contract to transit coal through the port of Rotterdam has been extended by 25 years, despite objections from a majority in the Rotterdam municipal council and a number of environmental organizations, NOS reports.

Rotterdam is the largest transit port for coal in Europe. Coal comes from outside Europe, and is then transported through the port to, for example, coal-fired power plants in the Netherlands and abroad. European mass transshipment company EMO carries out the coal transhipment in Rotterdam. 

Lelystad Airport
Feb 21 '18 12:00

Minister Cora van Nieuwenhuizen of Infrastructure and Water Management is postponing the expansion of Lelystad Airport by at least a year, the Minister announced on Wednesday, NU.nl reports. 

BlockShow Europe 2018
Feb 20 '18 16:20

Amsterdam will be the host city of a blockchain meetup event in the run-up to the BlockShow Europe conference that will be held in Berlin in May. The Amsterdam BlockShow MeetUp will be held in the The Warehouse on Generaal Vetterstraat on March 29th.

Tesla Roadster
Feb 20 '18 15:10

Tesla opened deposit payments for the Netherlands for the new Tesla Roadster. The Roadster II comes in two edition, the normal Roadster II or the Founders edition. The Founders edition carries a price tag of 215 thousand euros, the basic series costs 43 thousand euros, Autobahn reports.

The Roadster II can go from zero to 100 kilometers per hour in 2.1 seconds, and has a top speed of above 400 kilometers per hour. Tesla also claims that the Roadster II can travel 1 thousand kilometers on one charge and has a torque of 10 thousand Newton meters. 

800px-PH-EZE_EMB190_KLM_City_friendly_pilot_(4610911651)_(4)
Feb 20 '18 13:50

After a large, pilots working for KLM are also considering labor actions. Pilots' union VNV expects to make a decision on this matter by the end of next month, union chairman Arthur van den Hudding said to ANP.

Eurostar train along a field of tulips
Feb 20 '18 11:50

The first high-speed Eurostar train carrying passengers will travel from London to Amsterdam Central Station on Tuesday. These passengers involve people specially invited to herald the official start of the high speed train between London, Amsterdam and Rotterdam on April 4th, the Telegraaf reports.

Bundled up bikers entering the Rijksmuseum tunnel under their billboard celebrating the winter season, Amsterdam 7 February 2018
Feb 20 '18 09:16

Dutch municipalities should pay more attention to the safety of cyclists, according to travelers' association ANWB. Cyclists' safety can be improved by, among other things, implementing more restrictive measures on car traffic in the big cities, ANWB director Frits van Bruggen said to newspaper AD.

A recent survey among 22 thousand ANWB members showed that 27 percent feel unsafe on the bicycle. In Amsterdam that is even 44 percent. That's very high, according to Van Bruggen.

C&A
Feb 20 '18 08:59

Prisoners in China are used to make clothes for famous clothing brands like C&A and H&M, British former journalist and business researcher Peter Humphrey wrote in the Financial Times over the weekend. C&A launched an investigation to find out whether this is true, the company said to NOS.

A Transavia jet at Schiphol airport
Feb 19 '18 15:10

A strike held by Transavia pilots at airports in the Netherlands ended at noon. Now the airline will focus on carrying out as many of the flights scheduled for Monday as possible, so that most passengers can still reach their destination today, Transavia CEO Mattijs ten Brink said according to ANP.

Candle
Feb 19 '18 12:30

Power outages in Amsterdam and Arnhem left thousands of people in the dark on Monday. Power is already restored to Amsterdam, and Arnhem residents should have electricity again by 1:30 p.m., grid manager Liander said on Twitter.

The Amsterdam outage affected some 26,700 residents of West and Nieuw-West, according to Het Parool. The Slotervaart hospital had to switch to backup power, but the OLVG hospital and Antoni van Leeuwenhoek hospital were unaffected. The outage also caused some disruptions to tram lines 1, 2 and 17. 

Transavia_(468346063)
Feb 19 '18 11:05

Transavia pilots can count on little support from the thousands of passengers affected by Social media is largely filled with complaints about the strike, and the timing thereof.

Belastingdienst
Feb 19 '18 10:29

The Dutch Tax Authority made procedural mistakes in at least 78 tax rulings with multinational companies, State Secretary Menno Snels of Finance wrote in a letter to the Tweede Kamer, the lower house of Dutch parliament. The government will not abolish rulings, but will revise the way in which they are issued to prevent further mistakes, Snels wrote.

Air France Airbus A320
Feb 19 '18 09:15

A collision between an Air France plane flying from Paris to Amsterdam and an EgyptAir plane flying from Oostende to Cairo was narrowly avoided last year. The EgyptAir plane misunderstood air traffic control's instructions, resulting in the two planes flying only 4 seconds apart over Ghent on January 1st, 2017, according to an interim report from the Air Accident Investigation Unit, RTL Nieuws reports.

Feb 19 '18 07:25

Transavia pilots are on strike until noon on Monday, resulting in around 30 Transavia flights being delayed or canceled - 18 from Schiphol, six from Rotterdam and six from Eindhoven Airport. Only departures are affected by the strike. Arrivals are still on schedule, NU.nl reports.

The strike actually started at midnight, but the first affected flight was only scheduled to depart around 6:00 a.m. 

Bitcoin Keychains
Feb 16 '18 12:20

Dutch company Koinz Trading was declared bankrupt by the court of Amsterdam on Wednesday. The company, which offered customers access bitcoin mining machines and cryptocurrency investments, is facing dozens of customers demanding compensation for damages, the Telegraaf reports. 

Customers never received access to the mining machines they invested in, and therefore also not the Bitcoins they could've mined, according to the newspaper. Lawyer Marco Kalmijn told the Telegraaf that around 60 customers are trying to recover "many millions" from Koinz Trading.

Paiement_euros
Feb 16 '18 11:40

Most Dutch people are not building sufficient financial buffers for a financially healthy future, Rabobank concludes based on a study by Nibud. Only two in five Dutch put money aside for training, income decreases, pensions, or healthcare, ANP reports.

Nibud questioned 2 thousand people for this study. Nearly half of respondents indicated that they are concerned about money matters in the future, yet most do nothing about it. Around a third don't have the money to set aside. But of the two thirds who do have financial room to set money aside, only 39 percent actually do so. 

Crowded Schiphol Airport; 12 Feb 2018
Feb 16 '18 11:00

If Lelystad Airport can't take over some of Schiphol's air traffic by April next year as planned, the growth limits currently set at the busy Amsterdam airport will have to be changed, Schiphol CEO Jos Nijhuis said at the presentation of the airport's annual figures on Friday. 

Human-Male-White-Newborn-Baby-Crying
Feb 16 '18 09:15

The Dutch social economic council SER wants to combine maternity leave and paternity leave into one arrangement in which both parents get six weeks' paid leave after the birth of a child, NU.nl reports.

The different conditions and ways of financing that currently apply to maternity and paternity or partner leave are too complicated and insufficient, according to the council. 

Feb 15 '18 16:00

Single income families are falling behind in the Netherlands. Over the past years single-income homes paid relatively more tax than two-income households and that gap is only going to keep increasing, the Dutch office for economic policy analysis CPB said in a new report to the government. Single income households with children in particular pay more tax than similar two income households, RTL Nieuws reports.

Uniqlo
Feb 15 '18 13:20

Japanese clothing brand Uniqlo is heading to the Netherlands. Its first store is opening on Kalverstraat in Amsterdam this fall, the company announced in a press statement.

The chain is known for good quality clothing at relatively low prices, and caters to people of all sizes. Uniqlo wants to compete with H&M and Zara, according to RTL Z. 

Hundreds of passengers spent over 5 hours stranded on this train between Woerden and Gouda, 14 Feb 2018
Feb 15 '18 11:20

A few hundred train passengers spent over five hours stuck on a train between Woerden and Gouda on Wednesday. The train came to a stop when the overhead line suddenly broke, part of it landing on the front of the train. The train lost power, and the passengers were left stranded with nothing to eat or drink, NU.nl reports. 

Transavia_(468346063)
Feb 14 '18 12:40

Dutch Transavia pilots are planning to strike in the second half of this month - during the February holidays. The approximately 500 Transavia pilots have been without a collective labor agreement for more than a year, and negotiations with the airline about better working conditions stalled on Friday, NOS reports.

"At the moment, a strike seems to be the only way to enforce our demands", the Dutch pilots' union VNV wrote on a flyer being handed out at Schiphol this week. 

Feb 14 '18 10:40

In the fourth quarter of 2017 the number of jobs in the Netherlands increased by 57 thousand, the number of vacancies rose by 14 thousand and the number of unemployed people in the country decreased by 29 thousand. These are the strongest labor figures the Netherlands has seen since the financial crisis, Statistics Netherlands reported on Wednesday based on the latest quarterly figures on the labor market.

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