Business

Dutch police at the scene of a crime
Apr 22 '19 12:40

Coffeeshop New Times on Spuisstraat in Amsterdam was closed by request of the municipality after two hand grenades were found there over the weekend. The coffeeshop agreed to close for a week, after which the municipality will decide whether further closure is needed, AT5 reports.

The first hand grenade was found near a parking garage at New Times early on Saturday morning. The second was found on the pavement in front of the coffeeshop at around 3:30 a.m. on Sunday. Spuistraat was closed down for several hours on both days, while explosive experts removed the grenades. 

Keukenhof
Apr 22 '19 08:51

De Keukenhof received so many visitors on Saturday and Sunday that the flower park in Lisse was inaccessible by car on both days. On Sunday morning, people even stopped on the emergency lane on the A44 to take photos of the flower fields, NOS reports.

The park's parking lots were overflowing with cars. And cars stopping on the A44 caused quite a traffic jam near Kaag. Public works department Rijkswaterstaat had to call on road users to not stop on the highway. The shuttle bus to Keukenhof was temporarily halted on Saturday, Arriva said.

online_shopping_900_490_90_s_c1_smart_scale
Apr 19 '19 15:10

Suppliers force web stores to charge minimum prices for their products, refusing to deliver to stores who sell their products for lower prices. While this is not allowed, the practice is common, the Dutch authority for consumers and markets ACM said to NOS.

Shell Refueller
Apr 19 '19 12:40

The police arrested 20 people on Friday morning during an unannounced demonstration at the Shell headquarters in The Hague. Twelve were arrested for committing vandalism, eight for not following police orders, NU.nl.

The demonstrators sprayed graffiti on the walls of the building, among other things. Some 50 demonstrators in total showed up to protest at Shell headquarters on Carel van Bylandtlaan.

The police took the detainees to a police station for processing. A area was made available for the remaining protesters to hold their demonstration. 

Main gate Auschwitz concentration camp
Apr 19 '19 11:50

There is conflict at the future National Holocaust Museum in Amsterdam about four photos taken at Auschwitz by Greek camp prisoner Alberto Errera. These four photos are considered the clearest photographic evidence of the Holocaust. The guest curators at the museum want to show the photos in the exhibition The Jewish Persecution in Photos, but the directors of the future museum want to tape them off, the Volkskrant reports.

Empty classroom
Apr 19 '19 11:00

The Amstelveen College is closed on Friday due to signals that students wanted to cause riots at the school during the annual Amstelveen stunt. The school informed parents on Friday morning. Amstelveen College deliberately waited to announce the closure, "because of fear of nighttime incidents", the school said, NU.nl reports.

Saks Off 5th
Apr 18 '19 11:40

Saks Off 5th is leaving the Netherlands. The outlet department stores' branches in Amsterdam and Rotterdam will soon close. On social media, Saks Off 5th said that it is "sad" to be leaving the Netherlands "towards the end of June".

Saks Off 5th sells expensive brands at outlet prices. Earlier this month, the company already announced that it is closing its six branches in Germany. 

Retirement
Apr 18 '19 10:50

Millions of Dutch retirees may soon face a reduction in their pensions, the large pension funds warn in their quarterly reports. Time is running out in particular for metal funds PME and PMT. There seems to be small chance that they will get their financial position in order in time to prevent cuts, NU.nl reports.

Tourists at a tulip field
Apr 18 '19 10:00

One million tourists are expected to visit the Netherlands during the Easter weekend, 150 thousand more than last year, according to the Netherlands board of tourism and convention NBTC. Mainly tourists from the Netherlands' neighboring countries will visit this weekend, NOS reports.

Around two thirds of the Easter visitors come from Germany and a quarter from Belgium, the NBTC estimates. In addition, some 350 thousand Dutch people will also go on holiday in the Netherlands this weekend. 

Apr 18 '19 08:29

Motorists can expect busy roads in the Netherlands on Thursday afternoon and evening. As the long Easter weekend starts, traffic jams will be longer and start earlier, public works department Rijkswaterstaat expects. The first traffic jams are expected to start forming around 2:00 p.m., NU.nl reports.

ASML headquarters in Veldhoven
Apr 17 '19 12:00

It wasn't the Chinese government, but South Korean tech company Samsung that was behind corporate espionage at Dutch chip machine maker ASML, CEO of the Dutch company Peter Wennink suggested in an interview with broadcaster NOS.

University of Amsterdam
Apr 16 '19 15:10

The University of Amsterdam wants to build 3 thousand student homes in Almere, in an effort to help solve the housing shortage. Almere is willing to consider the request, but wants something in return. The Netherlands' youngest city wants the University of Amsterdam to open a branch in the city, Het Parool reports.

Amsterdam
Apr 16 '19 12:40

Last year Amsterdam counted more than 10 thousand homes with a value of at least one million euros, 34 percent more than in 2017. The 10 streets in the Netherlands with the most homes worth over a million euros, are all located in Amsterdam, according to figures from real estate company Calcasa, Het Parool reports.

Apr 16 '19 11:50

The left-wing opposition parties GroenLinks, SP and PvdA want multinationals like Shell to pay profit tax in the Netherlands. They are submitting a bill to achieve this to the Tweede Kamer, the lower house of Dutch parliament, later this week, NOS reports.

Jet Airways
Apr 15 '19 13:30

Jet Airways is canceling more flights to and from Amsterdam. All flights between Schiphol and India scheduled for Tuesday, Wednesday and Thursday are canceled, the financially troubled Indian airline confirmed to NL Times in a statement. 

Jet Airways flies between Amsterdam and Bengaluru (commonly known as "Bangalore"), Delhi, and Mumbai in India, and also Toronto, Canada. The airline suspended the route between Amsterdam and Toronto on April 11th "until further notice", a Jet Airways spokesperson said to NL Times by email.

King Willem-Alexander and Queen Maxima
Apr 15 '19 12:40

Support for the Dutch monarchy among young people fell sharply over the past years. In 2007, 70 percent of Dutch between the ages of 18 and 34 were enthusiastic about the Royal Family, last year it was only 55 percent, according to surveys by Ipsos commissioned by NOS. 

Shopping
Apr 15 '19 08:50

The Dutch economy, measured by gross domestic product, grew by 2.7 percent last year. That is somewhat less growth than in 2017, when the highest economic growth since the financial crisis was achieved, Statistics Netherlands reported on Monday.

As in previous years, the economic growth in 2018 was largely due to increased employment. Household consumption contributed most to the economic growth last year. Investments in fixed assets also made a larger contribution. In previous years, foreign trade was the driving force behind the economic growth.

Entrance to parking in front of the NH Barbizon Palace in Amsterdam
Apr 15 '19 08:20

Amsterdam implemented its massive parking rate increase on Sunday, thereby cementing the city's position as the most expensive Dutch city to park in. From now on, parking in the city center costs 7.50 euros per hour, instead of 5 euros, NOS reports.

Hudson's Bay opens on the Rokin in Amsterdam, 5 Sept 2017
Apr 12 '19 14:20

The parent company of the Hudson's Bay stores in the Netherlands, Karstadt in Germany, is considering closing stores this year or having the company declared bankrupt, the German WirtschaftsWoche reported based on internal documents on Friday.

Sissy-Boy
Apr 12 '19 13:30

The Sissy-Boy chian was declared bankrupt by the court of Amsterdam on Friday. The company filed for deferment of payment earlier this month. At that time, the company had 45 of its own stores and 600 employees, NU.nl reports.

The group made an attempt to become more profitable last year, by cutting costs and investing in stores. But like with many other retail chains in the Netherlands, Sissy-Boy suffered under a disappointing summer and winter, according to the newspaper. 

ASML headquarters in Veldhoven
Apr 12 '19 12:40

The suggestion that Dutch chip machine manufacturer ASML was "somehow victim of a national conspiracy is wrong", CEO Peter Wennink said in a statement about reports that Chinese spies stole trade secrets from the company. "The facts of the matter are that we were robbed by a handful of our own employees based in Silicon Valley, who had broken the law to enrich themselves."

1024px-Jet.airways.a340.london.arp
Apr 12 '19 08:43

After having one of its Boeings seized at Schiphol Airport on Wednesday, cash-strapped Indian airline Jet Airways canceled almost all of its flights to and from Amsterdam on Friday. The cancelations are due to "operational reasons", the financially troubled airline said, according to various media outlets.

Amsterdam_Zuidoost_ING-Bank_02_PM07
Apr 11 '19 17:00

The average Dutch household now spends a larger share of their income on basic needs like housing, healthcare and energy than in 2008. They therefore have less money left over for services and items. As a result, households now consume less than before the crisis, while at the same time spending more money, ING's economic office said on Thursday, NU.nl reports. 

Office space
Apr 11 '19 12:50

Last year 28 percent of all employees in the Netherlands often or always received so much information in a working day that they had difficulty processing it quickly enough. In 2014 it was 25 percent, according to a study by Statistics Netherlands and TNO.

Employees who experience information overload are more often dissatisfied with their working conditions and have a stronger desire to leave their current employer and find a new job, according to the study.

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