Business

Mar 25 '14 12:37

It has been described as a prize of a lifetime: a man won almost €3 million Saturday night on a slot machine in a Holland Casino in Enschede.

Mar 24 '14 19:39

NRC Media is up for sale. Stockholder Lux Media in looking into sales opportunities for NRC, according to the chairman of the board of commissioners of NRC Media Holding, today.

Mar 23 '14 04:32

The euro as a currency was at its breaking point in 2012. "There were moments when the Dutch Central Bank (DNB) anticipated several scenarios and prepared for the worst," said DNB president Klaas Knot in the TV program College Tour, Friday evening.

Mar 21 '14 20:11

In addition to 40 U.S. lawsuits against the Rabobank for rate fraud, a Dutch real estate business subpoenaed the bank for damages suffered due to fraud with the euribor and libor interest, announced the 'Follow The Money' website.

Mar 21 '14 11:11

Dutch supermarkets' top-100 A-brand products have had a turnover increase of only 0.3 percent, which is the worst result since 1998.

Mar 20 '14 17:22

Consumer confidence has been on the rise since the summer of 2013, although the willingness-to-buy hardly changed. Overall, the mood among Dutch consumer further improved in March, compared to previous months.

Mar 20 '14 16:58

Central Statistics reports reveal unemployment rose again for the third month in row. Unemployment rose with 13,000 in February to 691,000 people, which is 8.8 percent of the workforce.

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Mar 18 '14 13:53

Laura Geest, the Director of the Central Bureau for Planning CPB has said that the unrest in Ukraine could may well disrupt the economic recovery of the Netherlands.

Mar 18 '14 10:39

The Rotterdam bookshop of the bankrupt Polare chain may survive. A group of Polare employees announced on Monday that they have managed to collect enough money to take over the shop. It will be established on the Coolsingel under its old name, Donner, the Telegraaf reports.

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Mar 18 '14 10:20

Dutch Rail (NS) have reached an agreement with AnsaldoBreda and mother company Finmeccanica that will see Fyra trains return.

Mar 17 '14 16:47

The government will again spend less on scientific research in the next few years, according to a preliminary report by the Rathenau Institute. Research funding will drop from €4.5 billion in 2014 to €4.1 billion in 2018.

Mar 17 '14 16:27

ING will postpone its plans for data sharing, announced ING board secretary, Nick Jue, in an open letter to the bank's customers, in a response to the storm of concerns and questions about privacy violations. Jue apologized for the confusion and inconvenience.

making money
Mar 17 '14 14:48

Investments by foreign companies will create 5,300 new jobs over the next three years, announced the Netherlands Foreign Investment Agency (NFIA) today during the publication of their annual report.

Mar 13 '14 17:57

The Dutch Bank (DNB) published its annual report today, revealing the bank managed to decrease her balance with 40 percent, to €159 billion.

Mar 13 '14 17:27

The Euro parliament voted for a universal phone charger Thursday afternoon, that will compel manufacturers to include a standardized charger with their phones. The measure will reduce unnecessary pollution, costs and inconvenience to the user.

Mar 12 '14 16:34

Rotterdam/The Hague Airport will be made accessible by tram from Rotterdam Central and The Hague Central, announced Jeannette Baljeu, Rotterdam alderman, Wednesday. Rotterdam and The Hague agreed on the plan.

Mar 12 '14 15:13

Telegraaf Media Groep (TMG) closed off 2013 with a remarkable net profit of €177.9 million, thanks to the selloff of its shares in broadcast company ProSiebenSat.1, announced the company today.

Mar 11 '14 15:47

Fashion chain Hennes and Mauritz, (H&M) has hired five artists and recruited five Dutch celebrities to create art around the theme of sustainability. The results will be on display in a mobile show on five large squares in the country, announced the chain store today.

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Mar 11 '14 15:03

An employment tribunal in London today ruled against ABN AMRO in an unfair-dismissal suit, but dismissed claims by the plaintiff that she was dismissed because she was Black.

Mar 11 '14 14:47

Steel concern 'Tata Steel' in IJmuiden is facing a potential prolonged strike period. The strike is supposed to start either Friday or Monday, according to Aad in 't Veld, chairman of union FNV Bondgenoten.

Mar 10 '14 14:53

The news about the ING wanting to share consumers' banking data with businesses is not received well. Parliament demands an explanation, the Consumer Associations condemns it, and consumers express concern about their privacy.

Mar 10 '14 13:30

Staff at Holland Casino will strike on Friday. The strikers are demanding a better social plan for the employees who are going to be axed due to cuts. This concerns several hundreds of people.

Mar 9 '14 04:31

The Ministry of Infrastructure and Environment (I&M) has plans to allow commercial flights on Twente Airport, starting 2016. Business travels, training flights, and recreational traffic should be able to start next year.

Mar 8 '14 11:21

Investment rating agency Moody’s released positive statements about the Netherlands, suggesting the firm will reaffirm its triple-A rating of the nation. Analysts pointed to healthier finances in the kingdom, and reduced investment risk there.

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