Socio-economic changes in Europe, the shift in power balance, and less successful financial management resulted in a slow decline of the VOC between 17.
After the financially disastrous Fourth Anglo-Dutch War (1780–1784), the company was first nationalised in 1796, In Dutch the name of the company is Vereenigde Oostindische Compagnie or Verenigde Oost-Indische Compagnie. The VOC monogram was possibly the first globally recognized corporate logo.
After 1591, however, the Portuguese used an international syndicate of the German Fuggers and Welsers, and Spanish and Italian firms, that used Hamburg as the northern staple port to distribute their goods, thereby cutting Dutch merchants out of the trade.
At the same time, the Portuguese trade system was unable to increase supply to satisfy growing demand, in particular the demand for pepper.
The name ‘Dutch East India Company’ is used to make a distinction with the [British] East India Company (EIC) and other East Indian companies (such as the Danish East India Company, French East India Company, Portuguese East India Company, and the Swedish East India Company).
Other names that have been used include the United East India Company, the United East Indian Company, the United East Indies Company or the Dutch East Indies Company'.
This is a great opportunity to enjoy their cuisine for a great price.
Back due to popular demand, our rijsttafel dinner hosted by the Dutch Club of Chicago.
If you missed out on the last great dinners at Rickshaw Republic, this is your chance!
The “United East Indian Company”, or “United East Indies Company” (also known by the abbreviation “VOC” in Dutch) was the brainchild of Johan van Oldenbarnevelt, the leading statesman of the Dutch Republic.
Before the Dutch Revolt, Antwerp had played an important role as a distribution centre in northern Europe.