The Ministry of Defense temporarily put the tender process for a new information system on hold, according to internal documents in the hands of Trouw, other media in the Netherlands, and investigative journalism platform Investico. A consortium led by American IBM and French Atos, that has been working on this tender for years, is now threatening to claim hundreds of millions of euros in damages from the Ministry, Trouw reports.
The Netherlands is attracting a lot of foreign direct investments, ranking 4th best in Europe after the United Kingdom, Germany and France, according to the interim Global Location Trends report published by IBM.
Last year the Netherlands attracted 396 foreign investment projects, which together created an estimated 9,500 jobs. That is a decline of 1.5 percent in foreign investment projects compared to 2017. As a result, job growth also declined slightly in 2018.
IBM is scrapping 334 jobs in the Netherlands as part of a reorganization, trade union De Unie announced on its website on Friday. The union calls it a reorganization with forced redundancies.
Amsterdam has climbed one spot and reached third place on IBM's global foreign investment banking for 2015, I Amsterdam announced on Wednesday.
According to Interbrand, the brand name of electronics group Philips is for the first time worth more than $10 billion (more than 7.9 billion euro). Philips is the first Dutch company to cross that border.
Favorable tax agreements through its Dutch branch of the holding played a key role in IBM's good profit figures over the past year, stated financial press agency Bloomberg today, based on its calculations.
IBM announced that Zwolle-based online retailer wehkamp.nl will use IBM cloud-based merchandising analytics to deal with price reductions and enhance client satisfaction and meet their needs, and develop profitability.