Business

Feb 21 '14 04:31

The City of Amsterdam will invest a total of €200 million in the Long-Term Cycle Plan 2012-2016, to combat bicycle related parking issues and improve the cycle network in the City. Amsterdam locals are currently cycling about 2 million km a day, and bicycle usage has grown with 40 percent over the past 20 years. The plan will provide 40,000 extra bike parking spaces in addition to 15 km of new bike lanes.

John de Mol
Feb 20 '14 16:20

John de Mol, cofounder of Endemol TV productions, lost the battle to gain the majority in the ownership of the world's largest independent production company. Apollo, an American Investment Company gained the majority of the shares by striking a deal with the creditors, reported the Financieele Dagblad.

Cheers
Feb 20 '14 08:54

Social media giant Facebook is set to buy cross-platform mobile messaging service WhatsApp for $16 billion, they announced Wednesday.

Feb 20 '14 07:42

For the second year in a row, the amount of children attending day care in the Netherlands has dropped.

Feb 19 '14 17:11

The Borssele nuclear plant is safe enough to remain open for 20 more years until 2033, decided the Council of State, dismissing the objections Greenpeace had made.

Feb 19 '14 04:32

Polare bookstores, who received an extension of payment last week Tuesday, will be sold per store or per group of stores, announced curator Kees van de Meent of Höcker law office Tuesday. Van de Meent came to that conclusion after intensive discussions with six parties, crucial in the survival of the chain bookstore.

Feb 18 '14 20:08

Visitors of Marktplaats.nl show a growing interest in more expensive merchandise. The site noticed and increase in sales in the car, motorcycle, and boat section.

Feb 18 '14 19:56

Albert.nl, the delivery service for the web stores of Albert Heijn, Etos, and Gall & Gall will slowly disappear over the course of the next few years. The violet colored crates, vans, and uniforms will slowly be replaced by Albert Heijn blue.

Feb 18 '14 14:23

Roba Metals from IJsselstein withdrew as a candidate for the takeover of aluminum company Aldel, announced Aldel's curator, Henk Eshuis. The offer the company made was too low and had too many conditions attached.

Feb 18 '14 09:38

Russia will start importing Dutch seed potatoes again, once a quality inspection has deemed them suitable. This could mean a 10 million euro export opportunity for companies.

Feb 18 '14 04:34

The Hema is cutting 65 jobs at their head office, the distribution center and their bakeries, because of disappointing sales.

Feb 17 '14 15:56

Thalys, a coöperation of French, German, and Belgian railways, saw its profits boosted by the cancellation of Fyra, a coöperation between the Dutch and the Belgian railways.

Feb 17 '14 15:18

VDL Nedcar needs almost 2,000 people to build new 3-door Mini Hatchbacks in Born, Limburg. 1,500 former Nedcar employees will be supplemented with 400 new staff, according to CEO Joost Govaarts.

Feb 14 '14 16:50

The government wants to reverse the increase of excise on fuel, according to NOS, based on The Hague sources. In addition to a multitude of complaints, the measure costs the treasury money, instead of adding to it.

Feb 14 '14 13:45

Schiphol Airport looks back on a good year once again, with a net profit of €227m, a growth of 15 percent compared to 2012. CEO Jos Nijhuis is pleased.

Feb 14 '14 11:20

The Central Bureau for Statistics CBS has said that in the fourth quarter of 2013 the Dutch economy grew by 0.7 percent in comparison to the third quarter.

Feb 14 '14 04:32

The gigantic net loss of €2b of SNS Reaal over 2013 doesn't phase Finance Minister Dijsselbloem one bit. He blames the loss partly to write-offs in the real-estate branch of the bank, which was sold.

Feb 11 '14 04:35

Textile chain store, Wibra, signed an agreement involving the safety in textile factories in Bangladesh after all. 'Although the agreements needs improvement and clarification on several points, there a positive development,' stated a media release from the company in Epe.

Feb 7 '14 15:59

The Dutch government missed out on 65 million euros in consumer tax and value added tax (VAT) in January alone, according to calculations of the Bovag (a union of automobile merchants and mechanics).

Feb 7 '14 14:09

Social Affairs Minister Lodewijk Asscher will contribute 1 million euros to help former Aldel staff and subcontractors find new jobs, according to a letter he wrote to Parliament Friday.

Feb 6 '14 14:19

The Tax service of Union FNV warns people they may be confronted with after-taxes, since the labor deduction was sobered down. The Union annually helps about 300,000 people fill out their tax returns.

Feb 6 '14 12:42

Getting out of the European Union, will give the Netherlands "oxygen, while the EU chokes us", PVV-leader Geert Wilders said.

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Feb 6 '14 12:03

The number of births and marriages dropped in 2013 compared to previous years, the Central Bureau for Statistics CBS has reported.

Feb 6 '14 04:31

The introduction of the new European payment system (SEPA) has been postponed until August 14, 2014 to prevent disruption of financial transactions. This was decided by the European Parliament, Tuesday.

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