AMSTERDAM, March 7 (Reuters) - A crisis meeting between
top executives of ASML and Dutch Prime Minister Mark
Rutte led to the CEO of the Netherlands' largest company ruling
out quitting the country but failed to resolve issues
surrounding its future growth plans.
As chipmakers around the globe pour billions of dollars into
setting up new plants to cope with soaring demand, ASML, their
largest supplier, has said it will need to roughly double the
size of its operations in the coming decade, but faces
challenges in doing so at home.
"There is a considerable gap between the concerns of
industry, and what we think is necessary, and what politicians
think," ASML CEO Peter Wennink told reporters after Wednesday's
meeting in Rutte's office.
If ASML cannot grow in the Netherlands "it can do so
elsewhere", he said.
ASML employs 42,000 staff worldwide, half of them in the
area around its headquarters in Veldhoven, Netherlands, where
its machines are designed and assembled.
Attracting scarce foreign engineering talent to the
Netherlands is a major issue. Others include difficulty
obtaining building permits, constraints on the Dutch electrical
grid, transportation bottlenecks and ensuring that there are
plans in place for hospitals, schools, and housing to
accommodate growth.
It emerged on Wednesday that Rutte's Cabinet has launched a
campaign dubbed "Operation Beethoven" to try to address the
company's concerns, having seen multinationals Shell and
Unilever depart the Netherlands in recent years.
However, difficulties around staffing cannot fully be
resolved by talks with Rutte's government, which is in a
caretaker role following 2023 elections that saw
anti-immigration parties book major gains.
While populist lawmaker Geert Wilders is negotiating a new
right-wing government, parliament has approved motions to cap
the number of foreign students allowed into Dutch universities
and scrap a tax break for skilled migrant workers.
Ending that tax break in particular has met with criticism
from ASML, industry groups, staffing experts, and many Dutch
tech employers, including chipmaker NXP. More than 40%
of ASML employees in the Netherlands are not Dutch.
Following Wednesday's meeting, Economy Minister Micky
Adriaansens told reporters the caretaker Cabinet is now trying
to "look at alternatives that do less pain."
It is not clear whether a tax break for foreigners, highly
unpopular with Dutch voters, could be restored.