Netherlands Seeks to Prevent ASML Expansion Abroad, Report Says
- Government has set up the ‘Beethoven’ task force to keep ASML
- The Netherlands has lost Shell, Unilever to relocations
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The Dutch government is exploring ways to keep ASML Holding NV — Europe’s most valuable technology company — from expanding outside the Netherlands after the chip-machinery maker raised concerns about the country’s business climate.
The government has formed a task force dubbed “Beethoven” to address ASML’s concerns about its supply of skilled workers, environmental regulations and electricity supplies, people familiar with the situation said, asking not to be identified because the information isn’t public.