Business · Companies · 13 hrs ago
ASML pledges €100 million for Rijksmuseum branch in Eindhoven
ASML will contribute €100 million over 20 years to a planned Rijksmuseum branch in Eindhoven, in the Netherlands.
The chip-making equipment company will pay €5 million a year once the museum opens, which is expected between 2032 and 2034.
The museum will be built near the Dommel river and Eindhoven’s train station, in a renovated park in the city centre.
It is expected to show works from the Rijksmuseum’s collection, including paintings by Rembrandt and Vermeer, as well as art by artists from Brabant.
The project aims to strengthen culture and the appeal of the Brainport region, which is known for technology and industry.
The city has asked for a more ambitious plan than first proposed, and cleaning polluted soil is expected to add costs.
Eindhoven will bring a cooperation agreement to its city council next year, while plans and discussions about further funding continue.
ASML will invest €100 million in total in the planned Rijksmuseum Eindhoven over 20 years.
The investment consists of annual payments of €5 million, starting when the museum opens.
The museum is expected to open between 2032 and 2034.
ASML and the municipality of Eindhoven signed an intention agreement on Wednesday.
The museum is planned for a renovated park by the Dommel, near Eindhoven train station.
- Who
- ASML is funding the project in agreement with the municipality of Eindhoven.
- What
- ASML will contribute €5 million a year for 20 years, totalling €100 million.
- When
- The agreement was signed on Wednesday, 28 October 2026. Annual payments are expected to begin when the museum opens, between 2032 and 2034.
- Where
- The planned museum is in Eindhoven, by the Dommel and near the train station.
- Why
- ASML says it sees culture, inspiration and connection as part of success. The museum is also intended to strengthen the Brainport region.
This story does not have two clearly opposing sides.
The Rijksmuseum and Eindhoven municipality announced plans for a branch in the city.
ASML and the municipality signed an intention agreement covering the company’s 20-year investment.
ASML’s pre-opening contribution of money, expertise and staff is due to be worked out.
The museum is expected to open, when ASML’s annual payments are due to begin.
- Total ASML investment
- €100 million
- Annual contribution
- €5 million for 20 years
- Expected opening
- 2032–2034
- Planned location
- A renovated park by the Dommel in Eindhoven, near the train station
- Pre-opening support
- ASML will also contribute money, expertise and staff; details are due in 2027
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What people are saying
We are convinced that Rijksmuseum Eindhoven can grow into an internationally recognised museum.
Success is also inspiration and connection. And therefore culture. The Brainport region is a world-class region. It also deserves world-class cultural institutions.
It is very special that you are joining something that has not yet been fully defined. That shows a pioneering spirit and confidence.
We are not coming to Brabant for nothing! This province has a rich culture with good painters and craftspeople. Ceramics are also made very well here. And of course we want to show that art and knowledge.