The German unit of Dutch engineering group Royal Imtech NV has filed for insolvency after failing to secure credit from lenders, adding to a list of problems at the parent and sending its shares down over 40 percent to a record low, Reuters reported. The announcement of Imtech Deutschland GmbH & Co's insolvency came hours after the company said it was "considering all options" in the wake of the subsidiary's liquidity crisis.

Dutch sportscar maker Spyker, one-time owner of Sweden's Saab, declared bankruptcy on Thursday, after failing to secure a critical bridging loan it had hoped would help it refinance and restructure, Reuters reported. The company, formed in 2000 to resurrect an early 20th century Dutch auto marque, had filed for protection from creditors earlier this month, hoping to stave off collapse.

Dutch sports-car maker Spyker NV said Tuesday it has filed for a financial restructuring in a Dutch court, seeking protection from creditors as it tries to resolve liquidity problems, The Wall Street Journal reported. In a statement, the company said it is seeking financing “arranged by independent financiers” to continue operations and pay wages. “Over the past few years, Spyker has faced a number of serious difficulties and challenges resulting from, among others, the legacy of the F1 era and the acquisition of Saab Automobile AB,” Victor R.

The Dutch financial services firm ING Group said on Wednesday that it would make a final repayment six months earlier than expected of the billions of euros in state aid it received during the financial crisis, the International New York Times DealBook blog reported. ING, based in Amsterdam, said it planned to make its final payment of 1.03 billion euros, or about $1.29 billion, to the Dutch government on Friday. The lender had expected to pay the final installment in May 2015.

Dutch lender Rabobank said today its net profit slipped 3 per cent to €1.1 billion in the first half of the year, due to charges related to Dutch bank SNS which was bailed out by the government. The outlook for 2014 is uncertain, the bank said in a statement, partly due to the Ukraine crisis and the possible impact on the global economy, the Irish Times reported. Rabobank said its net result in the first six months of 2014 was reduced by a one-time €214 million levy imposed on Dutch banks.

Plaza Centers N.V. Thursday said that the Dutch Court has confirmed its debt restructuring plan, following a hearing, held on July 8. Prior to this, the company had already received approval from 92 percent of creditors, who had voted in favor of the plan, RTT News reported.

Dutch banks have embarked on a public-relations offensive in an attempt to ease regulators' concerns about the risks of their large mortgage portfolios, The Wall Street Journal reported. The Dutch Banking Association, or NVB, on Thursday published a report in which it outlined that the risks aren't as high as feared. The offensive is aimed at the European Central Bank, which is expected to scrutinize the banks' home loans as part of a Europe-wide bank review and stress test that will be concluded in October.

New World Resources put forward plans for a debt restructuring and rights issue and warned insolvency could otherwise loom as the European coalminer battles low commodity prices, the Financial Times reported. The UK-listed group, which mines in the Czech Republic, said a conditional agreement involving creditors and its largest shareholder would cut outstanding gross debt from €775m to €450m, as well as making a further €185m available through equity and a new credit facility.

Air France-KLM Group, Europe’s largest airline, is getting a makeover ranging from high-end seats to bigger entertainment screens as Chief Executive Officer Alexandre de Juniac attempts a turnaround from near bankruptcy, Bloomberg News reported. De Juniac, who became CEO in July, is coupling luxury perks such as gourmet meals with a push to trim spending that will erase almost 10,000 jobs from 2011 into 2015. With fliers ready to spend more, investing in the customer experience goes hand in hand with savings, he said.

Leading Dutch bank ING reported on Wednesday a 22.3-percent slump in net profit for 2013, blamed special factors and said it would pursue its deep restructuring programme this year, The West Australian reported on an Agence France-Presse story. Amsterdam-based ING posted 3.2 billion euros ($4.3 billion) in net profit, down from 4.16 billion euros in 2012. Net profit for the fourth quarter of 2013 plunged by 63 percent to 539 million euros. However, this was much better than expected by analysts polled by Dow Jones Newswires, who had put forward 351 million euros.