Multinationals in the Netherlands are responsible for 40% of private sector jobs two thirds of turnover and 80% of international trade, the national statistics office CBS said on Thursday.

In 2013, multinationals were responsible for 1.9 million jobs. Around one million of these jobs were due to the presence of Dutch multinationals, the CBS said.

Furthermore, ‘a small group of multinationals are of major importance to the Dutch economy,’ the CBS says in its latest Internationalisation Monitor.

Foreign multinationals which are particularly important to the Netherlands include Tata Steel, which owns the former Hoogovens steelworks in IJmuiden, supermarket group Lidl and department store V&D, which is owned by Sun Capital.