THE HAGUE, March 6 (Reuters) - The Dutch government is
talking with semiconductor equipment maker ASML to
ensure that the Netherlands' largest company does not move to
another country, or expand abroad, due to anti-immigration
policies, the economy minister said.
The news was first reported by newspaper De Telegraaf, which
cited anonymous sources and said the ministries involved had
dubbed the effort "Operation Beethoven".
Economic Affairs Minister Micky Adriaansens would not
address all aspects of the paper's report but in an interview
with Reuters she confirmed that she was meeting ASML CEO Peter
Wennink in The Hague on Wednesday as part of what she said were
ongoing talks.
"I don't know if they would leave" the Netherlands, she
said. "They want to grow. And they want to grow in such an
amount, it puts a pressure on our infrastructure."
"That's why we're talking to them very intensively. Because
we want to understand, is it something we can solve?"
The report follows comments made by ASML CEO Peter Wennink
in January when he warned that his company was highly reliant on
skilled foreign labour, after anti-immigration parties booked
big gains in 2023 elections.
ASML declined to comment on Wednesday. However, Wennink
spoke at an event in The Hague and said he was concerned the
business climate in the Netherlands was worsening.
"Some of these elements that made us a great company, those
elements are under pressure," he said, citing increasing
regulation and a plan to scrap a tax break given to highly
skilled immigrants.
POTENTIAL CURBS ON FOREIGN STUDENTS
Around 40% of ASML's 23,000 employees in the Netherlands are
not Dutch. Europe's largest tech company sources parts from
around the globe but currently assembles its machines in
Veldhoven, Netherlands before shipping them to major computer
chipmakers.
ASML dominates the market for lithography systems, used to
help create the circuitry of chips. It is currently conducting
one round of expansion and expects to need more in the coming
years as the global demand for chips increases.
Multinationals Shell and Unilever departed the Netherlands
in recent years following an unfavourable change in Dutch tax
law.
Another policy under consideration by parties attempting to
form a right wing government following the election is to limit
the number of foreign students that can attend Dutch
universities - a key source of labour for the country's tech
firms.
"The consequences of limiting labour migration are large, we
need those people to innovate," Wennink said in January. "If we
can't get those people here, we will go somewhere where we can
grow."
Though it would be difficult for the company to move its
headquarters, De Telegraaf mentioned France as a possible
destination for a company expansion, citing a single source.
Chipmakers across the globe are pouring billions of dollars
in investment to set up new plants, encouraged by the rising use
of semiconductors in everyday devices and generous subsidies
from the United States and the EU aimed at keeping the West
ahead of China in the race for cutting-edge technology.