Category Archives: Netherlands

Press Releases & News from Netherlands distributed via EuropaWire

Ayvens and Stellantis Forge Multi-Billion Euro Agreement for Sustainable Mobility

(IN BRIEF) Ayvens, a leading global sustainable mobility player resulting from ALD Automotive’s acquisition of LeasePlan, has entered a multi-billion euro frame agreement with Stellantis, a prominent automaker, to procure up to 500,000 vehicles for its long-term leasing fleet across … Read the full press release

Wolters Kluwer Earns HousingWire’s 2024 Tech100 Mortgage Award for Compliance Solutions Excellence

(IN BRIEF) Wolters Kluwer Compliance Solutions has been honored with the HousingWire 2024 Tech100 Mortgage Award, recognizing its innovative contributions to the U.S. mortgage industry. The award highlights Wolters Kluwer’s leadership in loan compliance technology and services, facilitating compliance certainty, … Read the full press release

ETZ Hospital Secures €115 Million Financing for Modernization and Sustainability Drive

(IN BRIEF) ETZ hospital has finalized a €115 million financing deal with the European Investment Bank (EIB) and BNG Bank to support the modernization of its St. Elisabeth location in Tilburg. This funding will facilitate the construction of a new … Read the full press release

The latest on quantum computing in Europe, January 2023 – February 2024

(IN BRIEF) Europe has made significant progress in quantum computing with investments, partnerships, and innovations. Highlights include a €3.5 million investment in LioniX International by the University of Twente, and T-Systems offering cloud access to IBM’s quantum systems. Other developments … Read the full press release

Fujitsu and QuTech Unveil Breakthrough in Quantum Computing: Ultra-Cold Electronics Revolutionize Diamond-Based Qubit Control

(IN BRIEF) Researchers from Fujitsu and QuTech have achieved a major breakthrough in quantum computing by developing ultra-cold electronic circuits to control diamond-based quantum bits (qubits). This advancement overcomes the ‘wiring bottleneck’ by enabling the operation of both qubits and … Read the full press release

Ingka Group’s Investment Arm Acquires 23,883 Hectares of Forestland Across the Baltics for Responsible Forest Management

(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has acquired 23,883 hectares of land, including 19,276 hectares of forestland, across Finland, Estonia, and Latvia. This acquisition aligns with their commitment to responsible forest management. The properties contain a … Read the full press release

Kalmar Secures Order for Electric and Hybrid Straddle Carriers to Enhance Sustainability at Hutchison Ports ECT Rotterdam

(IN BRIEF) Kalmar, a subsidiary of Cargotec, has finalized a deal to provide Hutchison Ports ECT Rotterdam with two fully electric and eight hybrid straddle carriers for its ECT Delta terminal, as part of a fleet renewal initiative. Scheduled for … Read the full press release

Innovative TU/e Master’s Student Creates SUWEVE to Enhance Wheelchair Mobility

(IN BRIEF) Wouter Witteman, a master’s student in Embedded Systems at Eindhoven University of Technology (TU/e), is known for his innovative solutions. His latest venture, SUWEVE, aims to improve wheelchair mobility by allowing users to face backward while being pushed. … Read the full press release

Philips Nominates New Members to Supervisory Board, Continues Focus on Healthcare Innovation

(IN BRIEF) Royal Philips, a prominent player in health technology, proposes the re-appointment of Chairman Feike Sijbesma and Peter Löscher to its Supervisory Board, along with the appointment of Benoît Ribadeau-Dumas as a new member. The nominations, to be voted … Read the full press release

Linguistics in Play: “Streektaalstrijd” Board Game Showcases Regional Languages of Netherlands and Flanders

(IN BRIEF) PhD candidates Raoul Buurke, Hedwig Sekeres, and Lourens Visser from the University of Groningen’s Faculty of Arts have introduced “Streektaalstrijd,” a board game aiming to promote linguistic diversity and cultural understanding. Players engage in a linguistic battle, answering … Read the full press release

Port of Salalah Welcomes Arrival of State-of-the-Art Ship-to-Shore Cranes as Part of USD 300 Million Upgrade Project

(IN BRIEF) The Port of Salalah has received the first four of ten new ZPMC ship-to-shore cranes as part of its USD 300 million upgrade and expansion project, set to increase annual capacity from 5 million to 6 million TEU … Read the full press release

Achmea Reaches €85 Million Settlement Agreement for Unit-Linked Insurance Policies

(IN BRIEF) Achmea has reached a final settlement agreement with interest groups Consumentenclaim, Woekerpolis.nl, Woekerpolisproces, Wakkerpolis, and the Consumentenbond regarding unit-linked insurance policies sold through various brands in the Netherlands. The agreement, totaling €85 million, aims to provide clarity and … Read the full press release

TenneT Advances Plans for New High-Voltage Connections Across Netherlands

(IN BRIEF) TenneT, the Dutch transmission system operator, is moving forward with plans to extend the national 380 kV grid, with a focus on three key connections: Vierverlaten-Ens, Ens-Diemen, and Geertruidenberg-Krimpen aan den IJssel or Crayestein. The Ministry of Economic … Read the full press release

ING to Redeem $1.25 Billion Perpetual Additional Tier 1 Contingent Convertible Capital Securities

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced its decision to redeem US$ 1,250 million of 6.750% Perpetual Additional Tier 1 Contingent Convertible Capital Securities on April 16, 2024, aligning with the bank’s ongoing efforts to optimize its capital structure. The securities will … Read the full press release

Stellantis Approves €3 Billion Share Buyback Program to Enhance Shareholder Value

(IN BRIEF) Stellantis has announced the approval of a share buyback program worth up to €3 billion, reflecting the company’s robust financial position and commitment to delivering value to shareholders. The program, to be executed on the market, will involve … Read the full press release

Stellantis Achieves Record Financial Performance in 2023, Proposes Increased Dividend and Share Buyback

(IN BRIEF) Stellantis N.V. has announced its exceptional full-year 2023 results, with net revenues soaring to €189.5 billion, a 6% increase year-on-year, accompanied by a remarkable 11% rise in net profit to €18.6 billion. The company also reported a substantial … Read the full press release

Stellantis Announces Record Employee Payouts Totaling Nearly €1.9 Billion

(IN BRIEF) Stellantis has revealed its plans to distribute close to €1.9 billion this year to employees worldwide, based on the company’s impressive 2023 financial results and global achievements. This marks a significant milestone since the formation of Stellantis just … Read the full press release

NWB Bank and EIB Sign €400 Million Agreement to Boost Dutch Water Infrastructure

(IN BRIEF) The Nederlandse Waterschapsbank (NWB Bank) and the European Investment Bank (EIB) have joined forces in a €400 million loan agreement aimed at enhancing flood protection and water quality in the Netherlands. Under this partnership, NWB Bank will lend … Read the full press release

ABN AMRO Bank Reports Strong Q4 Performance and Sets Ambitious Financial Targets for 2026

(IN BRIEF) ABN AMRO Bank concludes Q4 2023 with a net profit of EUR 545 million, showcasing continued high net interest income and impairment releases. The bank’s strategic focus on digital transformation and sustainable finance regulation contributed to these results. … Read the full press release

ABN AMRO Launches €500 Million Share Buyback Program to Enhance Capital Structure

(IN BRIEF) ABN AMRO announces the commencement of its third share buyback program, with plans to repurchase depositary receipts and ordinary shares of ABN AMRO Bank N.V. worth up to €500 million. The buyback, approved by the ECB, aims to … Read the full press release