Flu may cost Dutch firms EUR 1.8 billion

20th August 2009, Comments 0 comments

Forty-five percent of large Dutch businesses expect a drop in turnover due to the swine flu.

Rotterdam – The A(H1N1) virus is likely to cost Dutch businesses at least EUR 1.8 billion, according to a recent study.

The figure emerged from research by Deloitte, a global accounting firm. In total, 65 senior financial officers from large Dutch businesses were surveyed.

Their firms represent turnover of around EUR 134 billion.

Almost half said they anticipated a 3.5 percent drop in turnover due to swine flu, altogether costing their companies EUR 1.8 billion.

The rest, 55 percent, didn’t expect their business would be affected.

More than a quarter of the companies surveyed had not made any special preparations to deal with possible repercussions from the flu.

Deloitte partner Wim Eysink said this was unwise given that the progress of the epidemic remains uncertain.

Companies may be especially vulnerable due to the economic crisis, he added.

Radio Netherlands / Expatica

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