ASML committed €93 million to public infrastructure and mobility improvements in the Brainport Eindhoven region, its home base in the Netherlands. This investment forms part of the 'Beethoven' program, a public-private partnership designed to foster balanced development of the tech hub.
The funds will target specific projects. These include developing new cycle paths, enhancing regional public transport facilities, and constructing a new underground bus station at Eindhoven Central Station. This commitment supplements previous ASML investments in the region for talent programs and affordable housing.
The move reinforces ASML's commitment to the long-term health and growth of its local ecosystem. Under related programs, the total investment from government, municipalities, and businesses in the Brainport region exceeds €4.5 billion. No specific market reaction to the announcement was noted.