Pages Navigation Menu

Daily Dutch News in English

Dutch Business News

Dutch Companies Invited to Apply for Economic Mission to Miami

Posted by on Mar 4, 2016 in Business | 0 comments

Dutch companies that specialize in innovative solutions in life sciences, healthcare, and sustainable urban solutions are invited to join an economic mission to Miami April 17-20 that will explore opportunities to collaborate with their counterparts in the US and Latin America. Lilianne Ploumen, the Netherlands’ Minister for Foreign Trade and Development Cooperation, will lead the mission with the Netherlands Enterprise Agency, the Netherlands Network for Innovation, Technology and Science, and the Miami Consulate General of the Netherlands....

read more

Foreign Investment in the Netherlands Creates 9,300 Jobs in 2015

Posted by on Jan 22, 2016 in Business | 0 comments

The Netherlands reported a strong year for foreign investment in 2015, driven by North American projects. The Netherlands Foreign Investment Agency (NFIA) and its regional partners in the Invest in Holland network assisted in the attraction of more than 300 foreign investment projects in 2015, representing $2.04 billion in capital investment and the creation of more than 9,300 new jobs. Nearly two thirds of these projects were directly supported by NFIA, which helps international companies establish and expand operations in the Netherlands....

read more

New Hilton Amsterdam Airport Schiphol opens at Schiphol

Posted by on Dec 19, 2015 in Business | 0 comments

The new Hilton Amsterdam Airport Schiphol hotel opens its doors to its first guests today. With 433 rooms, 23 conference rooms, a ballroom and a total area of 40,150 square metres, this new facility is the largest hotel at Amsterdam Airport Schiphol. The Hilton Amsterdam Airport Schiphol was developed by Schiphol Real Estate and designed by the Dutch architectural firm Mecanoo. The interior was designed by London-based The Gallery HBA. The new hotel is located at the main entrance to the airport’s arrival and departure halls,...

read more

Danone Invests €240 million in New Facility in the Netherlands

Posted by on Dec 3, 2015 in Business | 0 comments

Danone announced that it is investing €240 million to build a new plant for its Early Life Nutrition business. With this investment, Danone will capitalize on strong and growing demand for its international early life nutrition brands, including Aptamil and Nutrilon, for both standard and specialized products. The state-of-the-art facility will be built in Cuijk in the Netherlands, and will start production in late 2017. This new plant is Danone’s largest investment in its European production capabilities, and will double its capacity in the...

read more

Amsterdam Airport Schiphol decreases airport fees with 11.6% in 2016

Posted by on Dec 1, 2015 in Business | 0 comments

A higher than expected number of passengers in 2014 and 2015 and the results of an effective cost cutting program, have enabled Schiphol to decrease the airport fees substantially for the second consecutive year. As per April 1, 2015, the airport already announced an average decrease of 6.8%. After consultations with the airlines, today Schiphol announces an average decrease of 11.6%. In this way Schiphol will maintain a strong international competitive position. The lower fees will be in effect as of April 1, 2016. Substantial growth in...

read more

Dutch hotels and restaurants sees sustained sales growth

Posted by on Nov 27, 2015 in Business | 0 comments

Statistics Netherlands (CBS) reports today that hotels, restaurants, snack bars and pubs saw turnover rise by 1.3 percent in the third quarter of 2015 compared to the second quarter. Turnover results achieved in the sector hotels and restaurants have improved continuously over the past two and a half years. The hotel branch in particular performed well. Volume, the number of refreshments and overnight stays rose by 1 percent. With a turnover growth of 3.1 percent, hotels performed best. According to a first estimate conducted by CBS, hotels...

read more

More than half of international transport in the Netherlands either transit trade or re-export

Posted by on Nov 27, 2015 in Business | 0 comments

More than half of the goods entering the Netherlands are either in transit or re-exported. Re-exports means the goods are temporarily under Dutch ownership, often undergoing minimal processing. Transit trade means goods remain under foreign ownership throughout. In 2014, a total of 591 billion kilos of goods entered the Netherlands, 34 percent of which were in transit, while 20 percent were re-exported, according to figures released by Statistics Netherlands (CBS) today. The value of goods in transit and re-export is even higher when measured...

read more

Major Solar Project to be Built at Tata Steel in the Netherlands

Posted by on Nov 18, 2015 in Business | 0 comments

Tata Steel has today unveiled plans to create one of the world’s largest solar energy projects of its kind in the Netherlands. Working with Pure Energie, the sustainable energy developer, Tata Steel will mount 80,000 solar panels on the factory roofs at its IJmuiden steelworks – an area equivalent to 40 football pitches. The solar project will have a 22 megawatt capacity and will generate the same amount of energy needed to power about 7,000 homes. Hans Fischer, Chief Technical Officer of Tata Steel’s European operations, said: “This project...

read more

Dutch Economy Almost Fully Recovered

Posted by on Aug 15, 2015 in Business | 0 comments

The Dutch economy is almost back to the level prior to the recession, which started in the latter half of 2008. The Dutch economy grew by 0.1 percent in Q2 2015 relative to Q1 according to figures released by Statistics Netherlands (CBS). The growth figure is based on a first estimate using currently available data. Exports, investments and household consumption contributed in a positive manner, but the growth figure was pushed down when the volume of natural gas extracted in the Netherlands was reduced substantially. The Dutch government...

read more

Greater demand for Dutch products outside EU

Posted by on Aug 5, 2015 in Business | 0 comments

Figures published by Statistics Netherlands (CBS) show that exports of Dutch products to countries outside the EU have more than doubled over the past decade. In the first five months of this year, the value of exports to non-EU countries amounted to 33.8 billion euros, i.e. an increase by 17.9 billion euros relative to the same period in 2005. Exports to EU countries rose by nearly one-third, from 48.6 to 64.2 billion euros. The share of exports to non-EU countries in total exports of Dutch products rose from one-quarter to more than...

read more

Multinational companies play prominent part in Dutch economy

Posted by on Jul 23, 2015 in Business | 0 comments

Multinational companies account for 40 percent of jobs in the Dutch private sector, for two-thirds of total private sector turnover and for over 80 percent of international goods trade, as Statistics Netherlands (CBS) announced today in the Internationalisation Monitor. On the basis of these facts, the small league of internationally operating companies is of vital importance for the Dutch economy. Multinationals provide nearly 2 million jobs Multinational companies are important for the Dutch labour market. In 2013, multinationals accounted...

read more

StartupAmsterdam launches Amsterdam Capital Week

Posted by on Jul 15, 2015 in Business | 0 comments

From 23 to 27 September 2015, Amsterdam will host the first edition of Amsterdam Capital Week, bringing together start-ups and venture capitalists (VCs). It is a week in which investors and start-ups can meet and learn from each other, and in which venture capital offices will open their doors. More than 20 events at various locations throughout the city will be dedicated to putting start-ups in touch with venture capital. The aim of Amsterdam Capital Week is to inspire new investments and long-term partnerships. The programme Several parties...

read more

The Netherlands increasingly important for Greek trade

Posted by on Jun 19, 2015 in Business | 2 comments

The Netherlands is becoming increasingly important for Greek trade according to recent figures released by Statistics Netherlands. In 2014, the Netherlands was the 16th export country and the 7th import country for Greece. Conversely, Greece was the 33rd export country and the 67th import country. Obviously, a large trading nation has more influence on a small trading nation than vice versa. Last year, Dutch goods trade was nearly 13 times as big as the Greek goods trade. The importance of the euro zone as a trading partner for Greece has...

read more

ICT Key to Dutch economic growth

Posted by on Jun 12, 2015 in Business | 0 comments

ICT has had a positive effect on the Dutch economy between 2000 and December 2010, according to recent figures released by Statistics Netherlands. Companies in sectors where ICT is used intensively became more productive. In that period, the number of employees increased in firms where labour productivity increased significantly while employee numbers fell in less productive firms. The positive shift of workers to highly productive firms increases the productivity of the entire sector. ICT-intensive sectors are more competitive and innovative...

read more

Dutch bankruptcies fall to six-year low

Posted by on Jun 7, 2015 in Business | 0 comments

According to Statistics Netherlands, 370 businesses and institutions (excluding one-man businesses) were declared bankrupt in May this year, i.e. 84 down from the previous month. The number of bankruptcies fell noticeably in the sectors trade and manufacturing industry. In May, it reached the lowest level since November 2008. Most bankruptcies in sector financial services With a total of 88, most liquidations were filed in the sector financial services. In the trade sector as a whole, bankruptcies decreased by 46 to 59. Retail trade saw a...

read more