Economy News in English
Latest economy headlines from Dutch news, translated into English.
Albert Heijn has not filed a report regarding cyber incident, Public Prosecution Service invites supermarket to do so
Albert Heijn has not yet filed a formal police report following a significant cyberattack, leaving the Public Prosecution Service unable to launch a criminal investigation. While the company works to ...
Court wants further investigation in case against former Jumbo CEO Van Eerd
The court of appeal has instructed the Public Prosecution Service to expand the case file against former Jumbo CEO Frits van Eerd by adding new documents and hearing additional witnesses. Van Eerd, wh...
UWV halts 55 million euro IT project: 'Not enough confidence'
The Dutch employee insurance agency UWV has terminated its 55 million euro digital matching project after five years, citing a lack of confidence in the program's success. While the software provider ...
Ships on the IJssel again restricted to one-way traffic due to water levels
Rijkswaterstaat has reinstated one-way traffic for ships on the IJssel due to water levels falling back below 1.45 meters. The measure, caused by ongoing drought, forces vessels from Germany to take a...
Starter loan funds drying up due to rising house prices
Rising house prices in the Netherlands have exhausted municipal starter loan funds as first-time buyers increasingly require higher loan amounts. Mortgage advisors are now advocating for a stable, nat...
Limburg province invests thousands in campaign for 'authentic' Limburg vlaai
The Dutch province of Limburg is spending 200,000 euros on a campaign to promote the authenticity of Limburg vlaai following its 2024 European protected status. The project, led by local bakers, aims ...
Callout: Are you affected by Albert Heijn not delivering groceries? We want to hear from you
Journalists are looking for individuals who have faced difficulties because Albert Heijn does not deliver groceries to their location. Affected people are encouraged to share their personal stories fo...
Liveblog: Cyber crisis at AH | Minimal disruption at Etos and Gall & Gall, Albert Heijn restarts distribution centers
Albert Heijn continues to face severe disruptions four days after a cybersecurity incident crippled its online services and logistics. While distribution centers are restarting operations, the company...
Tech reporter Jelmer Luimstra: Wild rumors circulate about potential Ahold hack
Albert Heijn has faced four days of operational disruptions due to a suspected cyberattack that has left store shelves across the Netherlands empty. While the company has not confirmed a hack, experts...
Harry Styles concert series in Arena fueled inflation in the Netherlands
A series of concerts by Harry Styles at the Johan Cruijff Arena in Amsterdam significantly pushed up Dutch inflation in May due to high demand for local services. Increased spending on hotel rooms and...
Regional transport strikes in full swing: 'It varies by region'
Regional transport workers in the Netherlands have begun a series of weekly strikes after collective labor agreement talks failed. Employees are pushing for better pay and improved working conditions,...
Cyber incident costs Albert Heijn at least 10 million euros, experts estimate
Experts estimate that a recent cyber incident has cost supermarket chain Albert Heijn at least 10 million euros in lost revenue and operational expenses. The disruption has halted online ordering and ...
Albert Heijn resumes store deliveries today
Albert Heijn has resumed deliveries to its stores today. The supermarket chain is currently in the process of providing further updates regarding the situation.
US begins large-scale resource extraction in Greenland
The United States is launching large-scale resource extraction in Greenland, focusing on extensive oil and mineral potential. A trilateral agreement with Denmark and Greenland also enables the expansi...
ASML records 113,000 euros profit per employee and enters global top three
ASML has achieved record financial results with a quarterly profit of nearly 5 billion euros, driven by massive global demand for its chip manufacturing machines. The company has reached a 42 percent ...
MediaMarkt pulls crypto wallets from shelves over stolen currency
MediaMarkt has removed Ledger cryptocurrency wallets from its online platform after it was discovered that some devices were tampered with by a third-party seller to steal digital assets. While no rep...
From Nedersaksen line to A20 highway: billion-euro deficit forces cabinet to make tough infrastructure choices this week
The Dutch government is set to make challenging decisions this week on infrastructure investment due to a multi-billion euro budget deficit. Officials must weigh the urgent need to repair aging roads ...
Albert Heijn restarts systems, shelves may not be fully stocked for a week
Albert Heijn is working to restore its internal systems after a recent cybersecurity incident caused supply chain disruptions and halted online grocery deliveries. The company expects it could take up...
Dutch people ate over half a kilo less meat in 2025 than a year earlier
Meat consumption in the Netherlands dropped by 2 percent in 2025, continuing a ten-year downward trend in the intake of beef and pork. While poultry consumption saw a slight increase, total edible mea...
ASML cannot keep up with high demand: order flow rises further after strong quarter
Chip equipment manufacturer ASML reported a strong quarter and continues to face high demand for its machines. The company intends to scale up its operations as client orders are projected to remain r...
Liveblog: Cyber crisis at AH | Many empty shelves in Albert Heijn stores, app and delivery service down
Supermarket chain Albert Heijn is facing its fourth day of widespread disruptions following a major cybersecurity incident that has disabled its app, website, and delivery services. While physical sto...
Regional transport workers go on strike: 'I want to stand up for my future'
Regional bus drivers in the Netherlands have launched a series of strikes to protest proposed changes to their work schedules and longer, ten-hour shifts. The workers argue these new conditions negati...
OpenAI employee arrested for planting hidden listening device
An OpenAI engineer, Abdulrahman Alfozan, has been arrested for allegedly planting a hidden eavesdropping device in the company's executive boardroom. While the suspect faces federal charges, OpenAI ma...
Jetten wants American diesel deal with 'enemy' Russia scrapped
Dutch Prime Minister Jetten has condemned a new deal for the United States to purchase 300,000 tons of diesel from Russia, calling it unwise and a direct contradiction of efforts to sanction an enemy....
Anti-smoking foundation loses final ruling on 'cheating cigarettes'
The Dutch Trade and Industry Appeals Tribunal has ruled against the anti-smoking organization Rookpreventie Jeugd regarding their request to change cigarette testing methods. The court determined that...
Albert Heijn warns of phishing risk after cyber incident, investigation ongoing
Albert Heijn is investigating a cybersecurity incident that has caused significant disruptions to its online services, delivery operations, and store supply chains. The supermarket chain has reassured...
Albert Heijn violates employee terms of employment according to union
The labor union FNV accuses Albert Heijn of breaching employment contracts by failing to pay staff for shifts canceled due to a recent cybersecurity incident. While the union demands compensation for ...
Dating app Bumble to be acquired and delisted from stock exchange
Bumble is being acquired by Ithaca Holdings for 6.05 dollars per share, marking the dating app's exit from the stock market. The move follows a period of declining user engagement as the platform atte...
"A bit scary": customers find Albert Heijn computer incident unsettling
Supermarket chain Albert Heijn faced a major cybersecurity incident that disrupted fresh product deliveries and disabled digital price displays for several days. While store operations are recovering,...
Gas prices hit yearly high due to Gulf region shortage
European gas prices have hit their highest point since 2022 due to supply shortages following reduced imports from the Gulf region. This scarcity has forced Europe to compete with Asia for limited gas...