Economy

Eindhoven is replacing the Karel de Grotelaan roundabout with a new underpass and a landmark light installation called the (Lichtring). The project aims to improve traffic flow to Veldhoven while transforming the intersection into a green, climate-resilient space for the local community.

Eindhoven-based VDL Group has purchased Limoco, a specialist in industrial ventilation, following a successful 20-year collaboration. The move allows VDL to offer complete, custom-made air technology systems to its international clients in the high-tech and food industries.

The CEO of VDL Group, Willem van der Leegte, has been named as the newest member of the Eindhoven Airport Supervisory Board. His appointment aims to balance the airport’s role as an international gateway with the social and environmental needs of the surrounding region.

Veldhoven residents are invited to a public meeting on 12 March to explore how the town will heat its buildings in a post-gas era. Independent researchers will present potential energy scenarios for 2050 and gather local feedback for a final report on the town's sustainable future.

Motorists are rushing to petrol stations as fuel prices surge, with some even filling jerrycans. Industry groups warn that hoarding is dangerous and largely pointless, despite fears of further price rises. Queues have formed in some areas, while many drivers are choosing to refuel abroad.

Energy prices are rising fast as war in the Middle East pushes oil above 100 dollars a barrel. The European Commission says EU oil supplies remain secure thanks to large emergency reserves. G7 countries are now discussing whether releasing strategic stocks could ease price pressures.

TenneT has sharply increased its investment in the Dutch and German electricity grid, even as many projects face delays. The operator says new measures should speed up expansion, while several major upgrades were completed ahead of schedule. Additional funding for TenneT Germany is also expected to be finalised in the coming months.

Crop prices are rising as the conflict in Iran disrupts global trade routes and increases demand for biofuels. Higher energy and fertiliser costs are adding pressure on farmers, while some countries may begin stockpiling key staples. Economists warn that the longer the disruption continues, the greater the risk of inflation.