News sharing platform Blendle is looking for new investors. The company recorded a loss of 2.4 million euros in 2016, and ended 2017 with a loss of 1.4 million euros. In order to survive in 2018, new capital is needed, Financieele Dagblad reports based on the company's recently published annual report for 2016.
If no new capital is raised, Blendle will face trouble after April 2018, according to the newspaper.
Bankrupt women's fashion chain Witteveen is making a restart. A group of Dutch investors, united in the newly established Witteveen Retail B.V., signed a restart agreement with the bankruptcy administrator, the administrator announced on Tuesday, NU.nl reports.
Witteveen currently has 72 stores. The new owners want to keep as many of these stores, and the jobs in them, as possible. How many stores can be saved will depend on, among other things, the negotiations with the landlords. Before the bankruptcy, Witteveen had 94 stores and 400 employees.
Last year was a good year for real estate in the Netherlands. In 2016 investors spent a massive 13.15 billion euros on Dutch real estate, breaking the 13.15 billion euros record set in 2007, on the eve of the global property bubble burst, Financieele Dagblad reports based on figures from real estate advisor CBRE.
According to the newspaper, the record year can be attributed to a combination of an abundance of capital, a lack of alternative investments, the exceptionally low interest rates and a strong economic recovery.
The meat substitute manufacturing "vegetarian butcher" has raised an astounding 2,5 million euros in just three weeks after the launch of his crowdfunding funding campaign. The campaign was launched to attract funds for the building of a new factory in Breda, with a reported capacity to produce 50 million vegetarian meal components each year.
The Cabinet wants to make it possible for entrepreneurs in the Small and Medium-sized Enterprise (SME) to be able to borrow more money to finance growth plans, according to a letter to Parliament from Minister Henk Kamp of Economic Affairs Tuesday.
The Cabinet and Parliament have approved plans for hospitals to start making profits, which will be paid out to investors, such as pension funds. This plan from Minister Edith Schippers of Health received support from governing parties VVD and PvdA, as well as D66.
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.
Russian president Vladimir Poetin will pay the Netherlands a short visit on Monday to open the Netherlands-Russia year together with Queen Beatrix in the museum Hermitage in Amsterdam. Sensitive topics will also be discussed and more than 3,3 thousand people plan to protest against the Russian anti-gay law.
