Business News in English

Diesel price surges to new record, gasoline also slightly more expensive

Diesel prices in the Netherlands have hit a new record high after increasing by nearly nine cents per liter in a single day. This significant price hike impacts the transport sector and delivery busin...

US lowers import tariff on products containing small amounts of steel

The United States is reducing high import tariffs previously placed on products containing small amounts of steel, aluminum, or copper. The government is also easing duties on machinery used specifica...

Stient Electro revives dead line and sells no new phone

Roel and Martha Vegelien visited Stient Electro to replace their malfunctioning landline phone ahead of Martha's hospital admission. Instead of selling them a new device, the shop managed to repair th...

Netherlands leads global chocolate trade: ‘Leading for years’

The Netherlands has overtaken Germany as the world's largest exporter of cocoa products, exporting a total of 12.4 billion euros worth of goods last year. This leading position includes the export of ...

New foundation label surprises buyers after purchase: ‘Bank can suddenly lend less’

The Dutch Homeowners Association warns that a new foundation label is causing unexpected financial issues for homebuyers. Because the label is often only revealed after a purchase, a poor rating can l...

Is Peek & Cloppenburg leaving Dam Square? ‘It will be a fight over who gets to rent here’

De Hypotheker: homebuyers cautious due to rising interest rates

Homebuyers in the Netherlands are becoming more cautious as mortgage interest rates rise due to geopolitical instability in the Middle East. According to mortgage advisor De Hypotheker, the average mo...

Report: night train between Schiphol and Lelystad not profitable

A report by transport company Arriva reveals that the trial night train service between Schiphol and Lelystad is not currently profitable. The pilot program, which operates on Friday and Saturday nigh...

Asscher to help cabinet with Tata Steel greening deal

Former PvdA leader Lodewijk Asscher has been appointed as a ministerial envoy to help the Dutch cabinet finalize greening agreements with Tata Steel Nederland. Minister Stientje van Veldhoven announce...

Confidence overflows at Tomasu soy sauce brewery, but they’re also hitting the brakes: ‘Success? I don’t care’

The founders of the Dutch soy sauce brewery Tomasu are prioritizing quality over rapid expansion despite receiving numerous international collaboration requests. Nominated for the AD Entrepreneur Priz...

Elite athletes' income to be completely overhauled. NOC*NSF: ‘The top priority in elite sports’

The NOC*NSF plans to overhaul the income system for elite athletes by replacing current monthly stipends with a full professional income. The sports federation identifies this financial restructuring ...

Parcels from outside the EU to cost 5 euros more from November

Starting in July, packages imported from outside the EU will be subject to a 3-euro import duty, with an additional 2-euro European levy added in November. State Secretary for Finance Eelco Eerenberg ...

Tesla sales rise due to cheaper models in US and Europe

Tesla's electric vehicle sales have increased compared to the same period last year, driven by more affordable models in the US and Europe. This growth suggests the company is successfully overcoming ...

Rat control has become a 'huge challenge'; how exterminators work

New Dutch regulations introduced in 2023 have shifted the focus of pest control from chemical poisoning to prevention and management, creating significant challenges for exterminators. This transition...

High tension on the power grid: ‘Building faster than ever, but it is not enough’

Waiting lists for new electricity connections in the Netherlands have reached 15,000, an increase of 3,000 compared to last year. It currently takes more than 45 weeks to obtain a new low-voltage grid...

FNV Tata gauges members' mood: tensions are rising. ‘Management has been greedy, we’ve had years of misery’

FNV union members at Tata Steel expressed significant frustration during recent meetings, citing poor treatment by management and corporate greed. While a low wage offer triggered the discussions, wor...

You want this! This Haarlem snack bar is giving away free ice cream

A cafeteria chain with a branch in Haarlem is giving away free soft-serve ice cream for one hour on Saturday, April 4. Interested visitors are encouraged to arrive early, as the promotional event is o...

Klarna warned for violating legal rules on pay-later payments

The Dutch financial complaints institute Kifid has issued a warning to Klarna for violating legal regulations regarding its buy-now-pay-later service. The reprimand follows complaints from consumers w...

Can installs toastie vending machines at six Amsterdam metro stations

Economy can handle rising energy prices better than at start of Ukraine war

The Dutch economy is now more resilient to rising energy prices than it was during the 2022 crisis following the invasion of Ukraine, according to ING experts. This increased stability is attributed t...

AVROTROS to cut jobs and downsize management due to budget cuts

Dutch public broadcaster AVROTROS is cutting thirteen jobs and reducing its management board from three members to two. These measures follow budget cuts for public broadcasting announced by the previ...

Paris tightens security after foiled attack

Security measures in Paris have been tightened following a foiled attack on a Bank of America office last week. Local authorities report suspected links between the incident and the pro-Iranian group ...

British billionaire sells most expensive house ever for over 300 million euros

British billionaire Nick Candy has sold his property for approximately 309 million euros (270 million pounds), setting a record for the most expensive home ever sold. The transaction was reported by B...

Karremans has no sympathy for trucker highway protests against high fuel prices

Minister of Infrastructure and Water Management Vincent Karremans expressed his disapproval of truck drivers blocking highways during protests against high fuel prices on Thursday morning. The demonst...

Information evening on A9-Zuid electricity station in Spaarndam

Grid operator Tennet and the province of North Holland are hosting an information session about the new A9-Zuid electricity station. The event will take place on April 20 at the Spaarndam Village Cent...

Temporary ban on steel slag extended, but future remains uncertain

The Dutch government has extended the temporary ban on the use of steel slag for another six months. During a debate in the House of Representatives, it became clear that long-term regulations for thi...

Heemstede gym stands by controversial price hike approach: 'In our view, it couldn't have been more personal'

Heemstede gym HealthclubNU is facing backlash from members and the consumer program Radar following a controversial subscription price increase. Despite the criticism regarding their communication met...

Nils Rossen extends stay at Telstar: Club triggers option in talented midfielder's contract

Telstar has extended the contract of talented midfielder Nils Rossen until July 2027 by exercising a specific option in his agreement. Simultaneously, the club announced it will be parting ways with p...

Haarlem-based hot school lunch provider TommyTomato declared bankrupt

Haarlem-based school lunch provider TommyTomato has been declared bankrupt following a sudden withdrawal of promised financing. The social enterprise serves warm meals to 30,000 children across hundre...

Lawsuit against carmaker Stellantis over defeat devices in motorhomes

Several Dutch consumer and camping organizations have filed a legal claim against car manufacturer Stellantis regarding the use of illegal defeat devices in camper vans. The groups are demanding that ...