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ARTICLE · 15 MAY 2026

BTI Annual Report 2025

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The Bureau for Investment Screening has released its 2025 annual report, revealing a continued rise in investment notifications amid heightened geopolitical tensions and global competition for critical technologies. With 91 investigations conducted and new enforcement actions taken, including the first administrative fine for non-compliance, the report highlights the evolving landscape of Dutch economic security measures and the expanding scope of the Vifo Act.

NetherlandsGovernment, Public Sector

The Bureau for Investment Screening (Bureau Toetsing Investeringen, “BTI”) has published its annual report for 2025. The BTI, part of the
Ministry of Economic Affairs and Climate Policy, assesses investments for national security risks and monitors compliance with economic sanctions. Against the backdrop of ongoing geopolitical tensions — including wars and conflicts, and the global competition for knowledge, technology, data, and critical raw materials — the BTI states that protecting Dutch economic security remains a top priority. The annual report provides insight into the impact of the Investments, Mergers and Acquisitions Security Screening Act (Wet veiligheidstoets investeringen, fusies en overnames, also referred to as “Vifo Act”), the Telecommunications Act, the Electricity Act 1998, and the Gas Act. The key findings are outlined below.

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