Business

Child in the library
Sep 16 '19 09:01

Large and medium-sized cities in the Netherlands will face a total budget shortage of around 500 million euros in the next four years, according to the G40, a network of the Netherlands' 40 largest municipalities. Cuts to public facilities are inevitable, Paul Depla, mayor of Breda and chairman of the G40, said to newspaper AD.

Passenger being weighed at Eindhoven Airport before a Transavia flight
Sep 13 '19 15:50

Budget airline Transavia weighed the passengers of five flights from Eindhoven Airport on Friday in an experiment to improve its fuel calculations and reduce its CO2 emissions, Eindhoven Airport said on Twitter.

"Through a more precise determination of the weight on board, the fuel calculation can be performed even more accurately, with the goal of less CO2 emissions", the airport said. Participation in the experiment is voluntary. 

De Nederlandsche Bank
Sep 13 '19 14:10

Klaas Knot, president of Dutch central bank DNB, explicitly denounced a new package of measures announced by the European Central Bank on Thursday. He called the measures "disproportionate to current economic conditions" and questioned their effectiveness in a press release on Friday.

Hudson's Bay store in Amsterdam
Sep 13 '19 11:40

After rumors surfaced last month that Hudson's Bay is planning to withdraw from the Netherlands, the Canadian department store chain now stressed that no decision has been made yet. A spokesperson for the company did say that the Dutch branch is underperforming and that the strategy is being re-examined, Financieele Dagblad reports.

View of Rotterdam and the Nieuwe Maas river
Sep 13 '19 09:12

The official valuations of Dutch homes, called the WOZ value in the Netherlands, increased for the fourth consecutive year. On January 1st, the average home in the Netherlands was worth 248 thousand euros, 7.8 percent more than in 2018. That is both the highest price ever and the biggest increase in years, Statistics Netherlands reported on Friday.

Panorama of the campus of Wageningen University & Research
Sep 12 '19 13:00

Wageningen University & Research is the best university in the Netherlands, according to the top 200 global universities ranking by Times Higher Education. The Netherlands has 11 universities in the top 200, and 7 in the top 100. The University of Twente dropped out of the ranking this year. 

Health insurance
Sep 12 '19 11:20

The newest generation of 'young elderly people' are completely unprepared for the phase in their lives in which they will be dependent on care. Despite increasing staff shortages in healthcare and the Dutch government increasingly relying on the public to provide informal care, a large majority of people between the ages of 55 and 75 expects the State to care for them, according to a study by I&O Research on behalf of newspaper Trouw.

EasyJet
Sep 12 '19 10:30

EasyJet want to use plug-in hybrid planes on its routes between Amsterdam and various London airports within the next ten years. To achieve this, the British budget airline teamed up with Airbus and specialist Wright Electric to design a hybrid plain with space for 150 passengers, Dutch director William Vet confirmed to the Telegraaf.

Woman and child
Sep 12 '19 09:11

Parenthood remains one of the biggest causes of the wage gap between men and women. The average income of women falls sharply after the birth of their first child, while becoming a dad has a very limited effect on men's income, central planning office CPB said in a report on Thursday. CPB calls this the 'child penalty', NU.nl reports.

Business meeting
Sep 12 '19 08:29

The D66 wants to introduce a temporary quota for women in top positions at listed companies. According to parliamentarian Vera Bergkamp, the current rules for getting more women in top jobs are insufficient and a quota is needed for equal opportunities on the labor market, NOS reports. 

Six years ago the largest companies in the Netherlands got the goal of having 30 percent women in leadership positions by 1 January 2020. The majority of the companies are not yet close to this goal. 

TUI Nederland Boeing 737 MAX 8
Sep 11 '19 17:45

Travel organization TUI will no longer offer flights between the Netherlands and Paris from he autumn of next year. The company wants to do its part to protect the environment in this way and points out that Paris can easily and comfortably be reached by train, RTL Z reports.

Netherlands money calculator
Sep 11 '19 16:14

Multinational companies which conduct business in the Netherlands will soon be forced to pay taxes on their profits, instead of creatively using an accounting loophole to avoid tax liabilities in the country. The ruling Dutch cabinet, led by third-term Prime Minister Mark Rutte, has reportedly agreed to back an initiative from the left wing opposition parties, according to broadcaster NOS and newspaper AD, both citing unnamed sources.

Money laundering
Sep 11 '19 14:30

The VVD wants banks to check city council members for money laundering and signs of links to the criminal underworld, like the payment systems of national politicians are already monitored, VVD parliamentarian Roald van der Linde said to BNR.

Greenhouse gas emissions
Sep 11 '19 11:55

Last year the amount of greenhouse gas emissions in the Netherlands was 2 percent lower than in 2017 and 15 percent lower than in 1990, Statistics Netherlands reported on Wednesday. The Netherlands still has a long way to go to achieve its climate goal of 49 percent less emissions in 2030 compared to 1990.

Primary school classroom
Sep 11 '19 11:20

The government is structurally allocating 285 million euros for better working conditions for teachers in primary education, Minister Arie Slob for Primary and Secondary Education announced. But he stressed that the social partners must make agreements about how this money will be used. "I make an urgent appeal to the social partners to go back to the table and use this money for teachers", he said, NU.nl reports.

Woman with a wallet full of euros
Sep 11 '19 08:49

Dutch employees can look forward to higher-than-expected wage increases next year, according to calculations from employers' association AWVN based on the collective bargaining agreements that have already been reached, Financieele Dagblad reports.

Central planning office CPB expected a wage increase in the market sector of 2.5 percent next year. But based on the multi-year collective bargaining agreements already reached in the market sector, AWVN calculates a wage increase of 3.3 percent for next year. 

Child playing with toy airplane
Sep 11 '19 08:29

Ruling parties VVD and D66 think that the Netherlands can be a world leader when it comes to electric air travel. And to achieve that the Netherlands should do much more to stimulate and experiment with electric flying, VVD parliamentarian Remco Dijkstra and D66 parliamentarian Jan Paternotte proposed during a parliamentary debate on aviation, NOS reports.

Waitresses
Sep 10 '19 14:50

The annual staff turnover in the Dutch hotel and catering industry is 40 percent. This costs the sector 1.4 billion euros per year, or around 6 percent of its total turnover, ABN Amro said in a report on Tuesday. Better working conditions can reduce this, according to the bank, NU.nl reports.

Natural gas extraction
Sep 10 '19 13:28

The Dutch government wants to halt gas extraction in Groningen much earlier than originally planned. Minister Eric Wiebes of Economic Affairs and Climate now thinks that gas extraction in the earthquake-ridden province can be stopped by mid-2022, instead of in 2030, NOS reports.

My_room_in_the_dormitory_(7950132936)
Sep 10 '19 12:20

Investors have discovered the student housing market. Over the past five years, commercial parties invested over a billion euros into student housing. That amount increases if collaboration with idealistic student housing providers such as corporation DUWO and foundation SSH is added to the calculation, according to a study by real estate advisor Savills and De Volkskrant. 

Crowded train station in the Netherlands
Sep 10 '19 11:30

Many train stations in the Netherlands are not built to handle the expected growth in traveler numbers in the coming years. In order to prevent unclear and even dangerous situations on overcrowded platforms, rail manager ProRail is drawing up an emergency plan to keep the crowds under control, NU.nl reports. 

Passenger and freight transport on the Dutch rails is expected to increase by 40 percent by 2040. This means that more trains will have to run, and more tracks will have to be built in the coming years to cope with this growth. 

Rabobank mobile banking
Sep 10 '19 10:39

Instant bank transfers is now available to customers of seven Dutch banks. With the introduction of Instant Payments, customers can transfer money at night, over the weekend and on public holidays and it will immediately show in the recipient's account, instead of the recipient having to wait for the next business day, the Dutch Payments Association said to AD.

Street party in Spuibuurt in Amsterdam
Sep 10 '19 10:19

By 2035 the population of the Netherlands will count 18.3 million people, 1 million more than in 2019, according to Statistics Netherlands and the Netherlands' environmental assessment agency PBL. Most of the population growth will happen in the large and medium-sized cities, and the municipalities around them. But 1 in 5 municipalities will also shrink, especially on the edges of the Netherlands.

Police officers on a crowded street
Sep 10 '19 08:52

A decade after the biggest economic crisis since the 1930s hit the Netherlands, most Dutch have recovered and are satisfied with their lives. But that does not apply to a group of around 400 thousand people who are still struggling, social and cultural planning office SCP said in its report The social state of the Netherlands. The SCP looked at the state of the Netherlands in the period 2008 to 2018, NOS reports.

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