Business

Jan 30 '14 15:54

Perry Oerlemans of Skyview Attractions is one of the participants of "Stadsinitiatief 2014" (city initiative 2014), and presented a plan for a 60 meter high Ferris wheel that he wants to build in Rotterdam, preferably in a busy location. He can have it up and running within a year.

Jan 30 '14 14:17

Minister of Infrastructure and Environment, Melanie Schultz van Haegen announced in Parliament today the lights of a number of freeways will stay off after 23:00. Her announcement was a response to a request of PVV and CDA to reevaluate the measure.

Jan 30 '14 13:37

As expected, Royal Dutch Shell reported a drop in fourth-quarter 2013 profit largely because of increasing costs and lower oil and gas volumes.

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Jan 30 '14 11:42

Mobile telecommunications giant Samsung is opening a chain of stores in the Netherlands.

construction worker
Jan 30 '14 10:19

The number of full-time jobs in the construction sector will continue to decline with another 10,000 workers are likely to lose their jobs this year, according to a new report by the Economic Institute for the Building Industry (EIB).

Jan 30 '14 04:34

State Secretary of Finances, Frans Weekers, promised Parliament Wednesday evening to investigate the mass processing by the Tax department, and to keep the House informed weekly of how many people are still waiting for their benefits to be paid out.

Jan 30 '14 04:32

The Dutch army used secured phones that were encrypted by the American NSA and their British counterpart, GCHQ, up to a few years ago. Philips sold the secured phones to the Dutch government.

Jan 29 '14 19:32

A majority of parliament wants to shorten the period over which partner alimony is due. It became clear on Wednesday the maximum of a 12-year-period is considered too long. However, the parties can not yet agree on an acceptable term.

Chrysler Crossfire
Jan 29 '14 15:19

Fiat Chrysler Automobiles said that it will establish its headquarter in the Netherlands, news station WWJ reported.

postboxes in Utrecht, Netherlands
Jan 29 '14 09:37

Delivery of letters from PostNL may soon only take place three times a week.

Jan 29 '14 04:35

World Cup Football games impact the stock markets, according to a study of De Nederlandsche Bank (DNB), published on Tuesday. A study conducted by Michael Ehrmann and David-Jan Jansen concluded that a threatening elimination of a national team during the World Cup Football tournament can negatively impact a country's stock market.

Jan 29 '14 04:31

Bookstore Chain Polare is negotiating with two "interested parties" and is hoping to re-open its stores, according to CEO Jan van de Wouw to RTL Nieuws. Polare had to close 20 bookstores Tuesday, due to serious financial problems.

Jan 28 '14 14:34

A new survey by the National Job shows that more than a quarter of all workers in the Netherlands do not receive salary on time, Spitsnieuws reports.

Jan 28 '14 12:21

Royal Philips, based in Amsterdam, reported fourth-quarter 2013 earnings before interest, taxes, amortization and one-time items of €915 million, up 20% from €765 million in the fourth quarter of 2012.

Jan 28 '14 08:38

All 20 shops owned by Polare, namely Selexyz and de Slegte, will "temporarily" shut their doors following a "strategic reorganization" that will also see their online store go black.

Jan 27 '14 12:16

As expected, Liberty Global has signed an agreement to acquire Dutch cable company Ziggo in a deal valued at about €10 billion.

Liberty Global, which owns UPC cable group in the Netherlands, is offering €34.53 a share for Ziggo.

Under the agreement, Ziggo shareholders will receive €11 in cash, 0.2282 class A ordinary shares and 0.5630 class C ordinary shares of Liberty Global for each Ziggo share, according to a news release.

Jan 25 '14 04:36

The Rabobank announced Friday evening it will cut an additional 1,000 to 2,000 jobs as part of their program "Vision 2016."

Jan 25 '14 04:32

Ron Blaauw, famous Master Chef and TV personality is going to sell hotdogs in his new "The Fat Dog," scheduled to open in April in "de Pijp." Blaauw is going to combine traditional hotdogs with wine.

Jan 24 '14 20:03

Swedish food packaging and processing company Tetra Pak is planning to close its plant in Moerdijk at the end of the year.

Jan 24 '14 14:36

Cable company Ziggo recorded an exponential profit increase of 80 percent, 347 million euros, over 2013.

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Jan 24 '14 12:06

Wehkamp, Philips, Shell, Hema and C&A used cheap labor from East Germany in the 70s and 80s.

Jan 24 '14 04:34

The Liberal party, VVD, announced Thursday the rules pertaining to donations have been tightened as of January 1st.

Jan 24 '14 04:31

Jeweler Siebel has been declared bankrupt by the court in Amsterdam, Tuesday, leaving customers to wonder where they stand. Last week all 36 stores and the web shop were closed, after 100 years of business and just receiving the "Royal" label in 2013.

Jan 23 '14 16:52

The parliament wants a debate on Thursday’s report on the nationalization of SNS REAAL.

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