AGP Executive Report
Last update: 33 minutes agoSemiconductors: ASML reported record third-quarter sales of €11.7 billion and net income of €5 billion, raised its 2026 sales outlook and said AI-driven demand could outstrip planned capacity through 2028. Some customers are already discussing orders for 2029 and 2030. Retail cybersecurity: Ahold Delhaize took some systems offline after a security incident, disrupting websites, apps and online orders at Albert Heijn and its other chains; stores remain open, and the company says it has no evidence customer or staff data was stolen. Energy storage: Vattenfall secured 100 megawatts of capacity at a planned battery project near Meeden, Groningen, being developed by Vopak and due to start operating in 2028. Digital finance: DNB authorised Amsterdam-based Qivalis as an electronic money institution, clearing a key regulatory step toward issuing its euro stablecoin. Infrastructure: The Netherlands Court of Audit says nearly €9.5 billion is needed to upgrade roads and railways for military transport, citing broader maintenance shortfalls. Economic outlook: The IMF expects the Dutch economy to grow 1.5% in 2026 and 1.3% in 2027.
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