The number of small- and medium-sized enterprises (SMEs) in the Netherlands increased by some 44 percent over the past decade. The increase was almost entirely carried by micro businesses, Statistics Netherlands reported on Thursday.
Dozens of small companies that received crowdfunding from commercial platforms in the form of a loan, went bankrupt a short time later, according to a study by investigative journalism platform Investico, Trouw and De Groene Amsterdammer. The companies end up in financial troubles due to the high costs involved in repaying their loans, Trouw writes.
With only six months to go until the United Kingdom leaves the European Union, it is still unclear what negotiations between the EU and the Brits will yield. It is high time that Dutch businesses who deal with the UK start preparing for a hard Brexit - the UK leaving the EU without any trade agreements in place - the Port of Rotterdam Authority, the Dutch food and consumer product safety authority NVWA and employers' organization VNO-NCW warned, NOS reports.
Minister Edith Schippers of Public Health is allocating 20 million euros over the next four years to be invested into the promotion of e-health initiatives, she announced at E-Health Week in Amsterdam on Tuesday.
The mood among Dutch entrepreneurs was upbeat and positive at the start of the second season. Businesses in the Netherlands continue to recover from the financial crisis, including small- and medium sized enterprises.
Many Dutch small and medium sized businesses set up a company in a tax haven through a Panamanian intermediary. At least 200 offshore companies linked to the Netherlands were active at then end of 2015, Dutch newspaper Trouw reports based on investigation into the Panama Papers.
Sick leave payment by small business employers is due to be reduced from the current two-year period down to only a year reports wage benefit agency UWV. Hans Biesheuvel from employers' association Ondernemend Nederland says that this is a step in the right direction, as wages during illness is one of the largest barriers to economic growth in the Netherlands, reported RTL Z.
The European Commission has made 315 billion euros available through the European Fund for Strategic Investment for additional investments in the European economy. For the Netherlands this potentially means billions of euros for, among other things, the laying of fiber optic networks, additional lending to small and medium enterprises and installing energy efficiency measures in homes, the government said on Tuesday.
Dutch small and medium-sized enterprises are generally performing better as compared to previous years, reports the accounting firms network SRA based on a survey of 3,200 businesses. Average turnover of SMEs in the Netherlands increased in 2014 by 3.9 percent.
Dutch pension funds, insurance companies and banks are to make investment of additional two billion euros into Dutch SMEs in the following three years, reports the cabinet. To make this possible, the Dutch Investment Institution (NLII) is establishing two separate investment funds. The Ministry of Economic Affairs (EZ) will support the private initiative and make certain guarantees available for the investors.
Dutch pension funds, insurance companies and banks will invest an additional 2 billion euros to provide loans for Dutch small- and medium-sized enterprises (SME) in the next three years, the government announced Wednesday. For this purpose, the Netherlands Investment Institution (NLII) is establishing two investment funds Wednesday.
Dutch software platform AppMachine received a 15.2 million US dollar investment from one of the largest online services providers, Endurance International Group. The investor receives 40 percent of the Heerenveen, Friesland firm's shares in the deal with Endurance having the option to increase share ownership over time, they announced on Tuesday.
The European Investment Bank (EIB) will make 350 million euros available for loans to small and medium-sized enterprises in the Netherlands, Belgium, and Luxembourg, through a special loan program with the ING, a global financial institution that provides banking, investment, life insurance, and pension services. The news was announced by the ING Thursday.