Business

Adyen card payment terminal
Jun 5 '18 14:10

Amsterdam fintech company Adyen will debut on the Amsterdam stock exchange on June 13th under the symbol ADYEN. As of Tuesday, selected investors can already buy shares for a price between 220 and 240 euros. With that, Adyen is valued at between 6.5 billion and 7.1 billion euros. The issue price for normal investors will be announced on June 12th, RTL Nieuws reports.

Barbara Visser
Jun 4 '18 16:20

On Monday State Secretary Barbara Visser of Defense apologized for the fact that Defense employees were insufficiently protected against the health consequences of working with carcinogenic in the period 1984 to 2006. "Defense has failed", she said while presenting the results of a major investigation by the RIVM. "I am sorry.", NOS repots. 

Lecture Hall
Jun 4 '18 13:40

Higher education in the Netherlands must be able to internationalize further, but only if it improves the quality of education and if Dutch students are not displaced, according to Minister Ingrid van Engelshoven of Education. She is therefore giving universities and universities of applied sciences more room to internationalize, but this will go with clearer conditions and stricter supervision, ANP reports.

agent-spreekt-automobilist-bij-verkeerscontrole
Jun 4 '18 09:34

Dutch people see speeding, dog poop and parking problems as the biggest sources of nuisance in their neighborhoods, according to the Safety Monitor that Statistics Netherlands published on Monday.

Over a quarter of Dutch, 26.7 percent, consider speeding the biggest problem. 17.9 percent think that dealing with dog poop should be a priority. And 15.4 percent are annoyed by parking problems.

Parents walking with kids participating in the second night of the Avond Vierdaagse in Amsterdam Oost, despite the Code Orange storm warning, 29 May 2018
Jun 1 '18 16:00

The thunderstorms that raged across the Netherlands this week caused between 5 million and 10 million euros worth of damage to homes in the Netherlands, according to insurers' union VNV. Damages to cars, government buildings and the agriculture sector are not yet included in that amount, RTL Nieuws reports.

The damages are difficult to estimate, because the storms involved very local showers. But the damages don't seem to be very severe, according to VNV. This is mainly because there was little hail. Hailstones cause a lot of damage to cars, agricultural crops and greenhouses. 

teacher
Jun 1 '18 12:00

Admission tests for teacher training implemented in 2015 were intended to lead to better students who will actually finish their training. But these tests are not having the desired effect, according to professor on education labor market Frank Corvers in the publication Onderwijs aan het werk 2018, Trouw reports.

Oliebollen
Jun 1 '18 10:40

Newspaper AD is stopping its annual taste tests. This year there will be no oliebollen, herring or friet taste tests, the newspaper announced on Friday, just before the start of the herring season.

ABN Amro
Jun 1 '18 10:00

A group of 21 high-level managers at ABN Amro contacted the Dutch supervisors on the financial markets to raise alarm about the lack of leadership at the bank. CEO Kees van Dijkhuizen is not a leader and the bank has basically no strategy, they write in a letter to DNB and AFM. The Ministry of Finance was also warned, NOS reports.

Donald Trump
Jun 1 '18 07:55

The United States implemented import duties on steel and aluminum from the European Union, Mexico and Canada. From 6:00 a.m. on Friday, Dutch time, a rate of 25 percent applies for steel and 10 percent for aluminum from these countries. The Dutch government called the decision unwise and regrettable, NOS and NU.nl report.

May 31 '18 16:00

Child asylum seekers receiving Dutch language lessons in Emmen were face with some horrible pictures during their lessons over the past weeks. Pictures like a Barbie wearing a bomb-belt, and traffic signs changed to show sexual texts were shown during a powerpoint presentation for the Verbal Dutch course by the CED-Groep, Dagblad van het Noorden reports.

Transavia_(468346063)
May 31 '18 14:40

A Transavia flight from Gran Canaria to Schiphol had to make an emergency landing in Faro, Portugal on Tuesday night due to a stinky passenger. The stench was so bad that people became unwell, passengers said, according to RTL Nieuws.

Meat processing
May 31 '18 14:00

Meat prices in the Netherlands increased significantly last year. On average meat was 3.8 percent more expensive in 2017 than in 2016, the biggest price increase since 2001, according to figures Statistics Netherlands published on Thursday.

The price of poultry increased the most during the past year, with 4.7 percent. Pork and meat products like smoked, dried or salted meat were 4.2 percent more expensive. The price of mutton and goat meat increased by 3.3 percent, and beef was 2.7 percent more expensive.

Passengers board a train to Vlissingen at Amsterdam Central Station, 19 Jan 2018
May 31 '18 11:50

The number of train passengers in the Netherlands is expected to grow by 45 percent in the coming decade, according to ProRail. The rail manager is therefore investing at least 20 billion euros into rail renewal, so that it can cope with the passenger increase, ProRail CEO Pier Eringa said to the Telegraaf.

"People are sick of traffic jams on the road and in the city they are massively rushed into the train. That's great, of course, but something has to be done to absorb that explosive growth."

Tourists at the I Amsterdam sign behind the Rijksmuseum
May 31 '18 11:10

Amsterdam launched a campaign to address misbehaving tourists on their behavior. The campaign Enjoy & Respect is specifically aimed at male visitors between the ages at 18 and 34. It makes clear that behavior like public urination is not only unacceptable, but will also cost you money, Het Parool reports.

Wallet
May 31 '18 10:30

The number of people in the Netherlands on welfare declined for the second quarter in a row compared to a year earlier. At the end of March 459 thousand people under retirement age received a welfare benefit, 13 thousand fewer than in the same period a year earlier, Statistics Netherlands reported on Thursday.

The decline only applies to people under the age of 45. The number of people over the age of 45 receiving a benefit increased by two thousand compared to a year ago. According to the stats office, this is partly due to the increase of the retirement age to 66 years.

May 31 '18 08:51

Lidl Nederland will be the first supermarket to stop selling cigarettes. The chain announced that it will phase out sales until no more cigarettes are sold in Lidl Nederland stores by 2022 at the latest, ANP reports.

According to the supermarket chain, the sales figures for cigarettes declined over the past years and cigarette sales are no longer profitable. But Lidl also took measures to discourage the sale of smoking products, like placing all cigarettes out of sight in stores last year.

Photo: Wikimedia/russavia
May 30 '18 13:30

Dutch trade unions and employers reached an agreement on a new pension system, according to a draft document the Telegraaf managed to get hold of. One of the main points is slowing down the increase of retirement age, according to the newspaper.

The trade unions and employers agreed that the increase of retirement age to 67 years must be introduced more slowly. In this draft agreement, retirement age will be 67 years in 2025, instead of in 2021. The parties also want to calculate the increase differently in the future and for more early retirement schemes to be made possible.

Bitcoin cryptocurrency and euros
May 30 '18 12:10

By now everyone is aware of the risks involved in investing in cryptocurrencies with their wildly fluctuating prices. But the real risks may only appear should cryptocurrencies' prices start stabilizing, according to the Netherlands office for economic policy analysis CPB. In the worst case scenario, this could lead to another global financial crisis, the CPB wrote in its annual report on the risks for the financial markets, RTL Z reports.

Logo_Blokker_Delft
May 29 '18 16:10

Retailer Blokker Holding suffered the biggest loss in the company's history in 2017. The loss amounted to 344 million euros, nearly double the , NOS reports.

Utrecht Central Station
May 29 '18 11:30

Utrecht wants to build a second intercity station and a new tram line or express bus lane to cope with the region's explosive growth. The city and province therefore asked the national government for billions of euros to achieve this, Utrecht traffic alderman Lot van Hooijdonk confirmed to NOS.

Utrecht is the fastest growing region in the Netherlands, with some 140 thousand new homes set to be built in the province over the next 12 years.

Belastingdienst
May 29 '18 10:10

Two subsidiaries of construction company VolkerWessels are suspected of paying bribes to obtain construction contracts on Sint Maarten. The Tax Authority's investigative department FIOD is investigating, a spokesperson for the Public Prosecutor confirmed to ANP.

Paiement_euros
May 29 '18 08:42

The outlook for the Netherlands economy is still positive, the International Monetary Fund said in its annual report on the Netherlands. The IMF again raised concerns about the growth of wages in the country being smaller than other countries with comparable economies. Annual wage growth in the Netherlands is around 1 percent, too little to compensate for inflation, the IMF said, NOS and ANP report.

May 28 '18 11:00

The monthly costs of driving an electric car is now cheaper in the Netherlands than diesel cars, according to lease company LeasePlan's annual Car Cost Index. Norway is the only country in Europe where driving electric is cheaper than driving in both petrol or diesel cars, AD reports.

The Car Cost Index covers 21 countries and analyzes the costs involved in owning a small or medium sized car. The total cost of ownership includes things like fuel, depreciation, taxes, insurance and maintenance.

Rabobank
May 28 '18 09:12

Dutch banks ABN Amro and Rabobank were again targeted by DDoS attacks on Sunday night, leaving their online banking services unavailable for a time, ANP reports.

The two Dutch banks were also . In a DDoS attack, a website is bombarded with data, overloading its server and crashing the site.

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