Business

Jun 13 '14 14:33

The largest Dutch pension administrator, APG, is not going to follow the lead of foreign administrators investing in durable energy, such as wind farms, and is choosing to put money into fossil fuels instead.

Jun 11 '14 20:31

The largest rose-growing company of the world, Afroflora, based in Ethiopia and owned by the Barnhoorn family from the Netherlands was taken over by the large private equity company KKR. The buyer will pay $200 million for the major stake of Afroflora.

Money
Jun 11 '14 11:05

A new report issued by the Radio-communications Agency of the Netherlands says that small and medium enterprises, as well as healthcare agencies, are ill-equipped to deal with serious mobile network disruptions. The agency's annual report points out that more than 100,000 clients were seriously affected by the 38 large-scale disruptions in mobile.

Jun 10 '14 14:36

Dutch firm Fugro has been hired by the Australian Transport Safety Bureau (ATSB) to assist in locating missing Malaysia Airlines flight 370. The plane has been lost, and feared crashed into the Indian Ocean, since it took off from Kuala Lumpur on March 8, 2014.

Data theft
Jun 10 '14 11:05

The European financial markets operator Euronext has announced that it hopes to raise between €880 million and €1.158 billion in an initial public offering starting 20th June. This would value the company between €1.33 billion and €1.75 billion.

Jun 9 '14 15:25

The number of companies declaring bankruptcy in May dropped by 33 percent compared to the same period a year earlier, according to new numbers published by faillissementsdossier.nl. It is the largest monthly decline in bankruptcies since 2012.

without gas
Jun 7 '14 12:18

600 houses in Apeldoorn are still without a gas supply due to problems on the part of their gas supplier, Liander.

Sanoma
Jun 6 '14 15:19

Sanoma is selling of 19 magazine titles to New Skool Media, the Finnish publisher announces today. The sale also means that 93 employees are moving over to New Skool, who retain their current terms of employment and social plan.

Starbucks
Jun 6 '14 14:45

Sources in Brussels report that the European Union may open investigations into the tax advantages that big companies enjoy in The Netherlands and Ireland as soon as next week, after a European Commission meeting on the issue on the 11th of June.

PostNL
Jun 5 '14 17:34

Minister of Economic Affairs Henk Kamp wants to grant PostNL the permission needed to close 1,500 of the 2,500 company-run service points, according to newspaper De Stentor.

Jun 5 '14 17:29

Dutch retail giant Ahold has announced plans to cut 210 roles within the company. The move comes as an effort to “streamline the organization’s head office functions as part of its Simplicity program,” the company said, which is aimed at reducing costs by €600 million from 2012 to 2014.

Ahold hopes to improve efficiency of support roles at the head office in Zaandam, which will lay-off 130 of its 1500 workers. The other 80 job cuts will come from “vacancies, temporary contracts, and natural attrition.”

Arke 787
Jun 5 '14 17:02

The first landing of a Boeing 787 Dreamliner in the Netherlands took place Thursday afternoon without incident. The plane is the latest addition to the Arke airplane fleet, and will make its first commercial flight to Antalya, Turkey on Sunday, June 8.

Nationale Nederlanden
Jun 5 '14 11:25

ING has announced that it is brining its insurance branch to the Amsterdam stock exchange in an IPO move. This may take place within two months, the NOS reports.

Jun 2 '14 15:49

Plans from the Air France KLM Group show that Royal Dutch Airlines (KLM) has to cut spending by about €1 billion in the next three years, the Telegraaf reports.

Jun 1 '14 06:30

The highly-anticipated Boeing 787 Dreamliner is set to join the Arke airline fleet next week. The plane will arrive for the first time on Dutch soil on Thursday, with Arke becoming the first Dutch operator to make use of the jumbo jet.

May 30 '14 09:24

Passengers riding the rails during rush hour Friday morning were greeted with trains that had finally been cleaned. Following the settlement of the janitors’ strike earlier this week, cleaning crews returned to work at 10 p.m. Thursday night.

May 28 '14 10:07

Workers at the Philip Morris cigarette factory in Bergen op Zoom are on strike today. They are demanding that the direction meets them halfway with a better social plan, the NOS reports.

May 28 '14 09:11

Dutch employers' organization VNO-NCW placed an anti-Wilders advertisement in diverse newspapers in Saudi Arabia today and yesterday. Among others, the papers Asharq Al-Awsat, Al-Riyadh and Al-Yaum, ran an ad in which the organization takes distance form the anti-Islam sticker campaign of Geert Wilders, on behalf of Dutch entrepreneurs.

May 22 '14 14:07

Dutch use of renewable energy sources made up 4.5 percent of the energy market in 2013, according to figures released this week by Statistics Netherlands (CBS)

making money
May 22 '14 13:58

Businesses across the Dutch landscape invested 4.3 percent in tangible assets during March 2014 compared to a year earlier. T

May 22 '14 13:49

Book sales tumbled nearly 11.5 percent in the first quarter of the year, according to business research group GfK.

Netflix
May 21 '14 11:15

Netflix, the on-demand internet media streaming provider, has moved its Europe headquarters from Luxembourg to Amsterdam in the Netherlands.

May 20 '14 13:58

First quarter sales for smartphones in the Netherlands have gone up in 2014 4.1 percent from a year ago. This increase is worth 12 percent, Telecom reports.

Philip Morris
May 16 '14 15:09

The damage to the pensions of the 1230 employees who lost their jobs due to the closing of the Philip Morris (PM) factory in Bergen op Zoom runs into the hundreds of millions. This comes from unions on the basis of research they have had done, the Volkskrant reports.

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