Category Archives: Netherlands

Press Releases & News from Netherlands distributed via EuropaWire

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

ABN AMRO Leads in Sustainable Finance with Updated Green Bond Framework

(IN BRIEF) ABN AMRO announces the publication of an updated Green Bond Framework and Second Party Opinion on its corporate website, reaffirming its commitment to sustainable finance. As one of the first banks in Europe to issue green bonds in … Read the full press release

AI IN JAN 2024 ACROSS EUROPE: THE LATEST IN AI (ARTIFICIAL INTELLIGENCE) RESEARCH, DEPLOYMENTS, DEVELOPMENTS, DEALS, ETC.

(IN BRIEF) From Bonn to Bilbao, Europe’s AI scene is buzzing with innovation. Major players like Deutsche Telekom, Ericsson, and Volkswagen are pushing boundaries through groundbreaking partnerships and integrations. Projects like NextGen are personalizing therapies using AI, while collaborations between … Read the full press release

Fetch.ai Foundation Welcomes Deutsche Telekom as First Corporate Partner for AI Innovation

(IN BRIEF) Deutsche Telekom has entered a groundbreaking partnership with the Fetch.ai Foundation, becoming the first corporate partner to collaborate on advancing AI and Web3 technologies within the Fetch.ai network. The Fetch.ai Foundation, a non-profit organization founded by Bosch and … Read the full press release

NextGen Initiative: Advancing Cardiovascular Healthcare Through AI-Personalized Therapies

(IN BRIEF) The NextGen project, funded by the EU’s Horizon Europe program with €7.6 million, has commenced in Utrecht, the Netherlands. Led by a 21-member consortium including the European Society of Cardiology, the project aims to personalize therapies for patients … Read the full press release

ING Achieves Share Buyback Milestone, Repurchasing 195 Million Shares in €2.5 Billion Buyback Program

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

(IN BRIEF) ING has successfully completed its share buyback program, repurchasing a total of nearly 195 million ordinary shares at an average price of €12.87, totaling €2.5 billion. The program exceeded its announced value by 100.33% due to performance arrangements … Read the full press release

Amelia Airlines Elevates Sustainability with Neste’s Sustainable Aviation Fuel

(IN BRIEF) Neste and French regional airline Amelia have entered into a partnership to use blended Neste MY Sustainable Aviation Fuel™ (SAF). Starting from January 1, 2024, Amelia has been using this sustainable aviation fuel for all flights departing from … Read the full press release

ING Repurchases 10,876,229 Million Shares in Ongoing €2.5 Billion Buyback Program

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

(IN BRIEF) ING has provided an update on its €2.5 billion share buyback program initiated in November 2023. During the week of January 29, 2024, to February 2, 2024, ING repurchased 10,876,229 shares at an average price of €12.45, totaling … Read the full press release

Deloitte Tapped as Potential Auditor for ING from 2026 Onward

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

(IN BRIEF) ING Group has announced its intention to nominate Deloitte Accountants BV as its external auditor for a four-year term starting on January 1, 2026, subject to approval at the 2024 Annual General Meeting of Shareholders. This decision is … Read the full press release

KPN Continues Streak as Ookla’s Fastest 5G Network in the Netherlands, Introduces Enhanced Unlimited Subscriptions

(IN BRIEF) KPN’s 5G network in the Netherlands has been recognized as the fastest by Ookla® for the fifth consecutive time. To make unlimited mobile internet more accessible, KPN is launching the Unlimited Series on February 5, featuring Unlimited50, Unlimited300, … Read the full press release

The Ox Apartment Complex in Amsterdam New West Officially Handed Over to Residents

(IN BRIEF) On February 1st, the newly constructed Ox apartment complex in the Osdorp district of Amsterdam New West was officially handed over to its first tenant, attended by representatives from Vesteda and developer Van Wijnen, along with Alderman Reinier … Read the full press release

Growth Fund LLO-Katalystor Grants €2 Million for Energy Transition Training in Twente

(IN BRIEF) The Growth Fund LLO-Katalystor has awarded a €2 million grant to a collaborative partnership involving Saxion University of Applied Sciences, ROC Twente, University of Twente, and various other partners in Twente. This initiative aims to address the challenges … Read the full press release

Lightsource bp Hosts New Energy Business School for In-Depth Discussion on Energy Transition

(IN BRIEF) Lightsource bp recently held the New Energy Business School for the second consecutive year, offering a comprehensive two-day program focused on energy transition business and leadership. Located in the Netherlands, the school provides advanced education in various aspects … Read the full press release

Port of Rotterdam Enhances Container Leadership with Hanna Stelzel’s Appointment

(IN BRIEF) The Port of Rotterdam Authority has appointed Hanna Stelzel as the Director of Containers, effective March 1. In this role, Stelzel will oversee all container-related activities within the Commercial department, succeeding Hans Nagtegaal. Stelzel, with a background in … Read the full press release

NET Initiative: Port of Rotterdam Takes Steps to Solve Grid Congestion

(IN BRIEF) The Port of Rotterdam, in partnership with grid operators TenneT and Stedin, has launched the New Energy Taskforce (NET) to address grid congestion challenges in the port and surrounding areas. Roger Knubben leads NET, bringing extensive experience in … Read the full press release

Sustainable Castor Initiative ‘Pragati’ Marks Seven Years of Success in India

(IN BRIEF) Pragati, the pioneering sustainable castor project implemented by Solidaridad in India, has celebrated its seventh year of achievements. With over 7,000 castor farmers certified across 100 villages, the project has entered its third phase with a renewed focus … Read the full press release

ING Repurchases Nearly 3.9 Million Shares in Ongoing €2.5 Billion Buyback Program

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

(IN BRIEF) ING has disclosed that it repurchased a total of 3,875,832 shares between January 22 and January 26, 2024, as part of its €2.5 billion share buyback program announced in November 2023. These shares were acquired at an average … Read the full press release

TenneT Transmits Record Amount of Wind Energy from North Sea, Covering Needs of 9 Million Households

(IN BRIEF) In 2023, TenneT, the transmission system operator, transmitted approximately 19.24 terawatt hours (TWh) of wind energy from the German North Sea to land, while in the Netherlands, it was 4.17 TWh. This energy could theoretically fulfill the annual … Read the full press release

ÖBB Rail Cargo Group (RCG) Expands TransFER Service, Forging a Direct Rail Link to Rotterdam

(IN BRIEF) ÖBB Rail Cargo Group (RCG) is enhancing its TransFER service by introducing a direct rail connection between Linz, Duisburg, and Rotterdam, creating efficient freight transport between Austria, Germany, and the Netherlands. Rotterdam, one of the world’s largest seaports … Read the full press release

ABN AMRO Secures €250 Million Financing from EIB to Boost Sustainable Investments for Dutch Businesses

(IN BRIEF) ABN AMRO has successfully secured €250 million in financing from the European Investment Bank (EIB), which will be matched by the bank itself, resulting in a total of €500 million in new loans available to Dutch businesses. This … Read the full press release

Boels Rental Secures €100 Million EIB Financing to Electrify Rental Machinery and Promote Decarbonization

(IN BRIEF) Boels Rental has entered into a €100 million lending agreement with the European Investment Bank (EIB) to advance its decarbonization efforts in the rental machinery and equipment sector. This partnership is expected to serve as a model for … Read the full press release

Ricoh Unveils Cutting-Edge Technologies to Drive Innovation at FESPA 2024

(IN BRIEF) Ricoh, a global leader in printing and imaging solutions, is set to reveal groundbreaking technologies aimed at expanding opportunities and driving growth for textile creatives and large format print specialists at the FESPA Global Print Expo 2024. Among … Read the full press release

Former Head of Dutch Representation in Brussels to Join EIB Management Committee

(IN BRIEF) Robert de Groot, the former head of the Dutch Permanent Representation in Brussels, has been appointed as the new Vice-President of the European Investment Bank (EIB). He will assume his role on February 1, 2024, succeeding outgoing Vice-President … Read the full press release

Coordinated Action Targets Illegal Exports to Russia; Three Suspects Arrested

(IN BRIEF) Eurojust and Europol supported a joint operation by Dutch, German, Latvian, Lithuanian, and Canadian authorities targeting alleged violations of export sanctions to Russia. During the operation, three suspects were apprehended, and 14 locations were searched as part of … Read the full press release