Business

May 12 '14 12:53

The Netherlands and Sweden want to scrap expiration dates for certain food products.

Working Woman
May 8 '14 14:24

The portion of workers who claim that they can organize their own work has dropped in the last few years, according to the Central Bureau of Statistics (CBS). Employer independence is especially low among those who have not been in their position long.

May 7 '14 15:59

Among businesses and institutions, 18 percent fewer are bankrupt. This trend is in reverse with the hotel and restaurant business, however, which is seeing more failures.

Philip Morris
May 7 '14 15:19

Cigarette manufacturer Philip Morris must compensate for its workers according to the old contract. The company says that this means the severance pay for the affected workers is about 30 percent higher than via the current valid calculation method.

ING Q1 2014
May 7 '14 10:26

Dutch bank ING reported a first quarter net loss of €1.92 billion, a polar opposite of the €1.9 billion net profit in the first three months of 2013, according to Reuters. The loss was primarily attributed to one-time costs, including a €1 billion pension charge, and a €2.01 billion accounting hit on ING's investment in Voya Financial Inc.

May 5 '14 17:08

Sales of scooters and powered bicycles from January through April rose by nearly 14 percent compared to the same period a year ago. Dealers have sold nearly 13,000 mopeds so far this year.

Jewelry
May 5 '14 08:35

The internet retail company Bol.com will start selling rings, watches, necklaces and sunglasses, giving the ailing jewelry business a strong competitor, the Algemeen Dagblad reports.

LinkedIn
May 2 '14 14:47

LinkedIn's turnover for the first quarter of 2014 rose by 46 percent in comparison to last year, to almost $473 million (€341 million). The business networking site announced this on Thursday.

Apr 30 '14 10:15

Air France-KLM has suffered another loss this last quarter. The first quarter loss amounts to €608 million, which is a fraction less than last year's loss of €641 million.

TomTom, Amsterdam
Apr 29 '14 15:42

Tom Tom has beat expectations and improved the forecast for 2014 by increasing their net profit in the first quarter to €8 million.

Crowdfunding
Apr 28 '14 15:51

The biggest crowd-funding platform in the world has existed for five years, and has now opened its doors to the Netherlands. Kickstarter has already got the first Dutch-made products in waiting for funding.

415px-Siege_Philips_Amsterdam
Apr 28 '14 10:45

Dutch technology company Philips is selling its audiovisual arm to the American company, Gibson Brands, for €135 million. Gibson is most notably known for making electric guitars.

Apr 23 '14 14:01

Economy cars are relatively widespread throughout the Netherlands, but they have not reduced CO2-emissions as much as previously expected.

Double decker train in Amsterdam
Apr 17 '14 17:10

The new president of Dutch Railways (NS), Timo Huges, has said that he wants there to be more trains, that they should have a better reputation and make more profit. Trains should also be less congested, a spokesperson for the NS announces after a report about this in the Telegraaf.

Apr 17 '14 16:55

The Dutch Authority for Consumers and Markets (ACM) has given telecommunications company KPN a €14,000 fine after a group of business clients were billed too highly for calling with a mobile phone abroad between 2010 and 2012. KPN has rescinded these clients' fines debts.

Starbucks
Apr 16 '14 10:40

The European Head Office from the coffee chain Starbucks is moving from Amsterdam to London, according to the Financieel Dagblad (FD).

Apr 11 '14 13:18

The number of businesses going bankrupt is 15 percent lower this year than last according to figures from the Central Bureau of Statistics (CBS).

Philip Morris
Apr 7 '14 08:50

A few days before the mass-axing of more than 1,200 employees at the Philip Morris cigarette factory in Bergen op Zoom, the company organized a party for the workers, the AD reports.

Apr 4 '14 12:07

More than 1,200 people will lose their jobs when cigarette maker Philip Morris closes its Bergen op Zoom factory per October 1.

Prorail-logo
Apr 4 '14 11:55

On Thursday, Marion Gout, president-director of Prorail, announced her departure from the company. She was allegedly informed of a 'disastrous' article in De Telegraaf newspaper of Friday.

Apr 2 '14 18:03

People in the Netherlands applied for nearly 41,500 mortgages in the first quarter of the year, up more than 50 percent compared to the same period in 2013. The number is down when compared to October-December, not entirely unexpected due to the seasonality of home purchases in the country.

Apr 1 '14 21:09

The World Economic Forum has listed the Netherlands as the country with the third best accommodations for international trade. Singapore and Hong Kong repeated as the top two countries, with Holland advancing from 7th in the biannual Global Enabling Trade Report.

hema spain
Apr 1 '14 20:55

Dutch department store Hema opened its first shop in Spain today. It was formally unveiled by company director Ronald Putting.

Mar 31 '14 10:44

The usually popular theme park, the Efteling, has experienced a drop in visitors for the first time in seven years. Despite the pleasant weather, fewer people took to the fairy-tale park.

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