Business News in English
Latest business headlines from Dutch news, translated into English.
Deutsche Bahn warns of poorer service after billions in losses
German railway company Deutsche Bahn has reported a significant loss of 2.3 billion euros for the year 2025. Consequently, the operator has warned passengers to expect a decline in service quality and...
Higher flower and plant prices offset falling sales at FloraHolland: 'Continuing to resist proposed tulip tax'
Royal FloraHolland is actively opposing a proposed VAT increase on flowers and plants, warning that this "tulip tax" could lead to significant revenue losses and job cuts. While higher prices currentl...
Kremlin denies report that Putin asked businessmen for money
The Kremlin has denied reports that President Vladimir Putin requested financial support from wealthy businessmen during a meeting on Thursday. According to a spokesperson, one unnamed businessman vol...
Curtain falls for online home store fonQ
The Dutch online home retailer fonQ has been declared bankrupt by the court, according to the company's trustees. Approximately 100 employees face potential job losses as a result of the filing.
Essent pulls out of heating network, but Haarlem continues steadily
Energy company Essent has withdrawn from Haarlem's district heating network project, leaving the Haarlem heat company with full responsibility for the initiative. Despite the departure of this major p...
Consumentenbond accuses Jumbo of misleading customers with 'lowest Easter prices'
The Dutch Consumers' Association has accused supermarket chain Jumbo of misleading customers with its 'lowest Easter prices' promotional campaign. The association argues that banners and signs in stor...
Count Floris V gets own boulevard at De Bazaar in Beverwijk, tribute for granting market rights in 1276
A boulevard at De Bazaar in Beverwijk is being renamed in honor of Graaf Floris V, the 13th-century ruler who granted the town market rights in 1276. The renaming serves as a tribute from both the mun...
Red carpet for offshore ship of the future, which was almost named Windcat IJmuiden: ‘Not a name that works well in international ports’
Damen Shipyards and Windcat have unveiled a new, innovative offshore vessel designed for the future of the industry. The ship was originally going to be named 'Windcat IJmuiden,' but the name was chan...
Heemskerk and Beverwijk investigate construction of heat networks to reduce natural gas consumption
The municipalities of Heemskerk and Beverwijk are investigating the implementation of heating networks to reduce natural gas consumption. On Thursday, they signed an intent agreement with heat company...
From parking garage fire to overshooting plane at the Kaagbaan: dozens of new PFAS suspect sites at Schiphol
A systematic investigation into soil and water at Schiphol Airport has identified approximately 100 locations with confirmed or potential PFAS contamination. These suspect sites are linked to historic...
Fuel prices skyrocket but travel allowance stays flat: this option could work in your favor
The Dutch trade union FNV has urged the government to increase tax-free travel allowances in response to rising fuel prices. However, employees are unlikely to see immediate changes as it will take si...
Gold is no longer a safe haven for now: 'Markets expect a longer crisis'
Gold prices have experienced a significant decline since the start of the conflict in the Middle East, recording their worst weekly performance in decades. Markets are currently anticipating a prolong...
Oil prices fall slightly after delay in attack on Iran's energy facilities
Oil prices saw a slight decline on Friday, reversing gains from the previous day. This shift followed President Donald Trump's decision to postpone potential military strikes on Iranian energy infrast...
Smart store routing pays off: Mattanja (15) and Dominique (15) from Vonk win prestigious Skills school award
15-year-old students Mattanja Vogelpoel and Dominique de Groot from the Vonk school in Castricum have won the national final of the prestigious Skills competition. The duo was named the best in the Ne...
Middle East conflict upends travel industry: Turkey now hundreds of euros cheaper
Political unrest in the Middle East is shifting summer holiday preferences, leading to increased demand for destinations like Turkey, Egypt, and the Caribbean. Consumers are increasingly choosing pack...
Roel orders bamboo shorts. Webshop doubles order and bill unsolicited
Roel Appers ordered ten pairs of bamboo boxers from the webshop Monarchwear after seeing an online advertisement. However, the retailer unilaterally doubled both his order quantity and the invoice wit...
Velsen Port Team discovers illegal worker and housing during inspection of 20 companies in Velsen-Noord
The Haventeam Velsen recently conducted inspections of twenty companies in the Velsen-Noord industrial area. The operation resulted in the arrest of one individual for residing illegally in the Nether...
Potential major drinks merger: Pernod Ricard and Jack Daniel’s producer confirm talks
French spirits group Pernod Ricard and American distiller Brown-Forman, the producer of Jack Daniel's, have confirmed they are in talks regarding a potential merger. The deal would bring together two ...
Hema wins Gouden Loeki for Christmas commercial featuring Takkie and Siepie cheering up sick girl
Hema and advertising agency Hotel L’Amour have won the Gouden Loeki award for the best television commercial of the year for the third consecutive year. The winning Christmas advertisement, which fe...
Addicted to social media? Ruling against Meta and Google could have major consequences
Meta and Google have been held liable for a 20-year-old woman's addiction to their social media platforms, which she claims led her to become suicidal. This legal ruling is expected to have significan...
Tom and Ron close flower shop after 42 years: 'We were like a little village in the city'
Ron Bouma and Tom Brands are closing their flower shop in Haarlem after 42 years of operation in the Kleverpark neighborhood. The business, Tom en Ron Bloemen en planten, became a community staple by ...
Castricum contractor Twisk Bouw closes its doors for good: Not out of necessity, but because they can
Castricum-based construction company Twisk Bouw is closing permanently after 33 years of operation. Owner Wim Twisk decided to shut down the business voluntarily to spend more time with his family rat...
Jetten: High oil prices prompt countries to tackle shadow fleet
Dutch Minister Rob Jetten stated that rising oil prices are increasing the pressure on nations to crack down on the shadow fleet used by Russia to bypass oil sanctions. Speaking after a meeting with N...
US removes Belarusian state bank and fertilizer companies from sanctions list
The United States has lifted sanctions on several Belarusian companies, including a state bank and major potash producers essential for fertilizer production. These measures, which included import ban...
Heavy damage to homes after Slotermeer ATM bombing: "My son was too scared to go to school"
An ATM explosion at Slotermeerlaan in Amsterdam caused significant damage to residential buildings and injured a teenager early this morning. Local residents reported being in shock from the blast, wh...
Construction of Bolstoren in Nieuw-Vennep halted by enforcement, developer: 'We want to hurry for the buyers'
Construction on the Bolstoren in Nieuw-Vennep, which is being converted into nearly 100 apartments, has been halted by authorities because the environmental permit is not yet finalized. Developer De R...
Video | Yvonne Coldeweijer's salary revealed: 'Don't be difficult about privacy'
Judge bans undressing feature in Grok chatbot
A court in Amsterdam has banned the "undressing function" of the Grok chatbot in the Netherlands following a summary judgment. The legal challenge was brought by victim support organizations and safet...
This painting company has maintained Amsterdam’s monuments for five generations: ‘Leave the city? We wouldn’t dream of it’
