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Stock impact report

Dutch government to launch plan to keep ASML in Netherlands [Yahoo! Finance]

Unilever PLC (UL) 
US:NYSE Investor Relations: unilever.com/investor-relations
Company Research Source: Yahoo! Finance
company ASML, from moving operations outside the Netherlands over concerns ranging from anti-immigration policies to infrastructure problems. Semiconductor equipment maker ASML, Europe's largest tech company, shocked the Dutch government into action after CEO Peter Wennink went public with complaints about policy, including ending a tax break for skilled migrants which would make it harder for the company to hire vital staff. ASML also said the government has been failing to invest properly to improve infrastructure in the booming Eindhoven technology hub where it is based, from highways to housing to electrical grid improvements. Details of the plan dubbed "Operation Beethoven" have been leaked in the Dutch press, citing draft documents. Dutch newspaper Algemeen Dagblad reported the plan includes restoring the tax break for skilled migrants and setting aside 1 billion to 1.3 billion euros ($1.1-$1.4 billion) for development in the Eindhoven region. A spokesperson for the Ec Show less Read more
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