Business News in English
Latest business headlines from Dutch news, translated into English.
Ukraine reports new damage to Druzhba oil pipeline
Ukraine's Energy Minister Denys Shmyhal reported serious damage and a fire at the Druzhba oil pipeline following a Russian attack. The pipeline is used to transport Russian oil to several countries, i...
Judge finds ‘accidental’ €23 million bid on Hoofddorp ghost hotel implausible: ‘At own risk’
A real estate trader from Lelystad has lost six properties after a court rejected his claim that a 23-million-euro bid for the Hotelux Amsterdam Airport Hotel in Hoofddorp was a typing error. The judg...
Energy agency stands ready to stabilize oil market after price rise
The International Energy Agency (IEA) is prepared to intervene and stabilize the global oil market following price increases driven by the conflict in the Middle East. Member countries currently hold ...
Low income? Apply for a municipal tax waiver
Individuals and entrepreneurs with limited financial resources can apply for a waiver or reduction of their municipal taxes. Eligible applicants may be exempt from paying the tax entirely or only requ...
KLM flies to Middle East to pick up stranded travelers
KLM is operating a flight to the Middle East on Tuesday evening to evacuate Dutch citizens stranded due to the conflict involving Iran. Foreign Minister Tom Berendsen announced the mission but did not...
KLM flies to Middle East to pick up stranded travelers
KLM is operating a flight to repatriate 83 Dutch citizens stranded in the Middle East due to ongoing regional conflict. Foreign Affairs Minister Tom Berendsen confirmed the mission, noting that thousa...
Taxi pilot to improve traffic flow in ArenA area during events
The city of Amsterdam is launching a pilot program with ride-hailing services Uber and Bolt to improve traffic flow in the ArenA area after major events. The trial aims to manage high congestion level...
One more year and one floor to go for the eye-catching Duinwachter
Construction of the De Duinwachter residential complex in Zandvoort has reached its eleventh floor, exactly one year after the foundation was poured. Developed by ROW and SBB, the project has only one...
What is happening to the legendary Zalencentrum Velserduin building? Personal training studio Goos PTC takes over
Personal training studio Goos PTC has begun renovating the former Zalencentrum Velserduin building on Velserduinplein. Co-owner Jeffrey Goos expects the transformation to be completed and ready for us...
KLM cancels flights to and from Dubai and Saudi Arabia for an extended period
KLM has extended its flight cancellations to and from Dubai and Saudi Arabia until March 9 due to ongoing unrest in the Middle East. The airline had previously announced that flights were suspended th...
New AI certification gains ground: companies want to prove their AI is responsible
A new certification for responsible artificial intelligence is gaining traction among companies like CM.com and KPMG to verify the ethical standards of their software. The initiative aims to address c...
Deep red on stock markets, AEX plunges well below 1,000 points
European stock markets experienced significant declines on Tuesday, with the Amsterdam AEX index falling well below the 1000-point mark. Investors are concerned that rising energy prices linked to the...
Customers seek accountability after major data breach: Dozens of reports for potential Odido claim
Dozens of Odido customers have contacted consumer organizations, such as the Consumers' Association, to explore a mass claim following a significant data leak. These individuals are seeking legal acti...
European gas price rises another 16 percent due to Middle East unrest
European gas prices rose by 16 percent on Tuesday morning, reaching over 51 euros per megawatt-hour at the Amsterdam gas exchange. The price surge is attributed to ongoing geopolitical unrest in the M...
Oil prices continue to rise amid Middle East unrest
Oil prices continued to rise on Tuesday due to escalating conflict in the Middle East, including Israeli attacks on Hezbollah targets in Lebanon. The price surge is further driven by reports of Irania...
Eye Filmmuseum director steps down after 'implemented restructuring'
Bregtje van der Haak is stepping down as director of the Eye Filmmuseum in Amsterdam following a restructuring process driven by financial challenges and job cuts. The museum's board has appointed Joh...
Eye Filmmuseum director steps down after restructuring
Bregtje van der Haak is stepping down as director of the Eye Filmmuseum following a restructuring process triggered by significant financial difficulties and job cuts. Both the museum's board and Van ...
Unfair and harmful: ‘motherhood penalty’ pushes women into a financially vulnerable position
Psychologist Thijs Launspach highlights the 'baby penalty,' a phenomenon where women often experience significant financial setbacks and career stagnation after having children. In contrast, men’s c...
Jan (64) and Maudy (60) close their pub: ‘We worked through the night on New Year's and Boxing Day, always together’
After 37 years of operation, Jan and Maudy are closing their iconic bar, Café ’t Centrum, in IJmuiden. The establishment, which locals consider a piece of cultural heritage, has been sold to a new ...
BMW recalls thousands more cars in the Netherlands due to fire risk
BMW is recalling 4,233 vehicles in the Netherlands, specifically 5-series and 7-series models, due to a potential fire risk. This Dutch recall is part of a larger global action involving hundreds of t...
Farewell to the warm heart of Overveen: Ineke Janssen leaves as owner of Primera after nineteen years
Ineke Janssen is stepping down as the owner of the Primera store in Overveen after nineteen years of service. The shop has been a central part of the local community, serving as a hub for residents du...
Approval for major takeover: ABN AMRO cleared to acquire NIBC for nearly a billion
ABN AMRO has received official approval to acquire NIBC for approximately one billion euros. The transaction marks the largest acquisition within the banking sector in several years.
Far fewer customers choose Odido since hackers posted stolen data on dark web: ‘Breach of trust’
Odido has seen a significant decline in new customers after hackers published the stolen data of millions of users on the dark web last Thursday. The data breach has caused a major loss of consumer tr...
More customers switching to KPN and VodafoneZiggo after Odido data breach
Telecom provider Odido is seeing an increase in customers switching to competitors like KPN and VodafoneZiggo following a data leak. Comparison websites report that the incident has caused significant...
Childcare sexual offense suspect was 50PLUS council member in Almere, formerly SP
A 66-year-old man suspected of indecently touching two children at a childcare facility has been identified as a former city council member for the 50PLUS and SP parties in Almere. The suspect served ...
Qatar halts liquefied gas production after Iranian drone attacks
Qatar has suspended its liquefied natural gas (LNG) production following reported drone attacks from Iran, which were allegedly carried out in response to American and Israeli strikes. The production ...
Man acquitted of fraud after staying in luxury hotels without paying thousands of euros
Achmea customers agree to compensation over usury policies
At least 90 percent of customers with usury policies at the insurer Achmea have agreed to a compensation settlement. This agreement allows the company to proceed with payouts, which are expected to ta...
Support for improved accessibility of public locations
Haarlem is introducing a new subsidy starting March 2026 to help local businesses and organizations improve physical accessibility for people with disabilities and mobility needs. Funding of up to €...
Less gas consumption at stations, ProRail turns off heating more often
ProRail reports a 60% reduction in gas consumption at Dutch train stations over the past five years. This decrease was achieved by switching from continuous heating to only heating halls, waiting room...