BUSINESS NEWS — Denmark’s Novozymes A/S , the world’s leading industrial enzyme producer, is now in talks over a series of projects that will boost its presence in China’s growing biochemical sector, a company executive said on Wednesday. Michael Christiansen, president for Novozymes China, told a media briefing that the company was discussing projects with [...]
BUSINESS NEWS — Data from Statistics Denmark show that the export of goods rose slightly in October by 2.3 per cent but seen over the last three months the export has declined 0.6 per cent. The decline is mainly driven by a decrease in the export of oil, but leaving the export of oil out [...]
BUSINESS NEWS — The country of Denmark is known for its bicycle sharing programs, pedestrian-friendly city centers, $10 a gallon gasoline and 180 percent tax on automobile purchases. Sounds like the perfect place for a $1.8 million supercar with a top speed of 233 mph, no? Well, that’s exactly what the Zenvo ST1 is, and it’s [...]
TECH — Every time I see a headline proclaiming cell phones cause cancer, I cringe. In nearly every case, the study is almost always flawed, in some cases because the results are based on a limited time frame in which results are extrapolated, or because the testing was on animals, or exposure lengths times were [...]
BUSINESS NEWS — The World Bank ranks Denmark as the easiest place in Europe to do business in 2012. Denmark ranks number five in the world among 183 countries. Companies looking for a smooth way to set up their new business should choose Denmark as their destination. The World Bank ranks Denmark as the easiest place [...]
BUSINESS NEWS — Denmark’s Novozymes A/S , the world’s leading industrial enzyme producer, is now in talks over a series of projects that will boost its presence in China’s growing biochemical sector, a company executive said on Wednesday. Michael Christiansen, president for Novozymes China, told a media briefing that the company was discussing projects with [...]
BUSINESS NEWS — Data from Statistics Denmark show that the export of goods rose slightly in October by 2.3 per cent but seen over the last three months the export has declined 0.6 per cent. The decline is mainly driven by a decrease in the export of oil, but leaving the export of oil out [...]
BUSINESS NEWS — The country of Denmark is known for its bicycle sharing programs, pedestrian-friendly city centers, $10 a gallon gasoline and 180 percent tax on automobile purchases. Sounds like the perfect place for a $1.8 million supercar with a top speed of 233 mph, no? Well, that’s exactly what the Zenvo ST1 is, and it’s [...]
BUSINESS NEWS — Danish government bond prices may belie a growing risk of recession, as investors fleeing the euro area’s debt crisis ignore the Scandinavian nation’s housing slump. The bond markets are “out of whack due to what’s happening in southern Europe and the debt crisis,” Jes Asmussen, chief economist at Svenska Handelsbanken AB in [...]
TECH — Every time I see a headline proclaiming cell phones cause cancer, I cringe. In nearly every case, the study is almost always flawed, in some cases because the results are based on a limited time frame in which results are extrapolated, or because the testing was on animals, or exposure lengths times were [...]
BUSINESS NEWS — The World Bank ranks Denmark as the easiest place in Europe to do business in 2012. Denmark ranks number five in the world among 183 countries. Companies looking for a smooth way to set up their new business should choose Denmark as their destination. The World Bank ranks Denmark as the easiest place [...]
COMPANY NEWS — 44 billion kroner deal will see creation of mega outsourcing firm with over a million employees, but Copenhagen headquarters will close. The British-Danish security solutions company G4S has bought the Danish integrated cleaning and catering solutions company ISS for over 44 billion kroner, it was announced on Monday. As a result of [...]
PEOPLE — Bjarke Ingels is founding partner of Bjarke Ingels Group (BIG). Ingels, who rated as one of the 100 most creative people in business by Fast Company, is also a visiting professor at Harvard University Graduate School of Design. You’ve been calling for a new approach, “hedonistic sustainability,” which is “sustainability that improves the [...]
DOMESTIC NEWS — In a bid to encourage healthier eating among its citizens, Denmark, a country famous for its butter and bacon, has brought in a tax on foods containing more than 2.3% saturated fat. As from last Saturday, all such products in Denmark now carry a tax to the tune of 16 Danish krone [...]
COMPANY NEWS — Hertz Materiel, the Hertz equipment rental franchise holder in Denmark and Norway, has expanded its Nordic business by opening its first depot in Sweden, located in Malmø. Petter Hagen, managing director and majority owner of Hertz Materiel, which has access rental operations in Denmark and Norway, told IRN that the company had [...]
CLASSIFIEDS — The car has been in possession of the current owner since the early 1980. During this ownership the car has been restored and well maintained. The condition of the car today is as you would expect. The body is straight and healthy with no surprices. It had a complete professional paintwork in mid 80’s, [...]
COMPANY NEWS — Director of Commerce of Washington State Rogers Weed joins CMC Biologics officials David Kauffmann and Gustavo Mahler at the CMC Biologics opening of its state-of-the-art biopharmaceutical manufacturing facility in Bothell Sept. 21. The expansion of PF2 duplicates capacity and supports commercial manufacturing. MC Biologics is a Contract Manufacturing Organization (CMO) that offers [...]
OPINION — Copenhagen can learn a lot from Stockholm. Sweden’s capital has a far higher growth rate and it is the preferred choice of foreign companies looking to set up shop in Scandinavia. That’s good news for Stockholm, but it doesn’t mean that we can’t do something to raise Copenhagen’s growth rate. In order to [...]
BUSINESS NEWS — Financial crisis has hit hard on eurozone, Denmark being one of the countries struggling with its economy. Denmark’s industrialised market economy depends completely on imported raw materials and foreign trade which doesn’t make things any easier for them. The growing global uncertainty and a slow Danish private consumption mean that the Danish economy [...]
BUSINESS NEWS – Experts say a key feature of the strategy taken by the Danes has been the gradual approach of taking one small step at a time – “evolution not revolution”. But political will was a key driver in the switch towards renewables, mainly offshore and onshore wind. The government launched a programme of subsidies [...]
BUSINESS NEWS — The BBC Jade arrived in the Port of Duluth early Thursday morning, to begin discharging nearly 4,000 freight tons of wind turbine components destined for Minnesota Power’s Bison 1 Wind Energy Center in North Dakota. On board the ship are 15 direct drive nacelles, 15 power units and nearly 30 containers that [...]
BUSINESS NEWS — Fraud squad begin investigation into suspicious buyback of 265 million kroners worth of shares in 2008. The Danish fraud squad raided Parken Sport & Entertainment, owners of FC Copenhagen, on Tuesday as they started investigating suspicions of insider trading by the company. Flemming Østergaard, the company’s former chairman, also had his home in [...]
BUSINESS NEWS — The European Union has spent 2.5 million pounds to encourage people to eat insects to help save the environment and solve the food shortage crisis. According to the Sunday Times, EU thinks the insects should start appearing on menus after experts in Brussels recommended that bugs could be a vital source of [...]
BUSINESS NEWS — Over 80 recommendations to improve the city’s business friendliness and drive growth across the country were published last week by the Copenhagen Business Task Force, established in March by mayor Frank Jensen. The recommendations range from improving Copenhagen’s transport links to offering free internet to travellers and reducing the corporate tax rate. [...]
COMPANY NEWS — Danish toy maker Lego said Tuesday its first-half profit rose 32 percent as its new products, such as Lego Ninjago, sold above expectations and it continued to gain market share. Major Market Indices The family-owned company said net profit for the period January-June 2011 was 1.48 billion kroner ($288.3 million), up from [...]
BUSINESS NEWS — Denmark – along with Greenland and the Faroe Islands, part of the Kingdom of Denmark – is looking to put itself on a collision course with four other nations, the United States, Russia, Norway, and Canada. All five countries are trying to lay claim to the Arctic Seabed, including the area around [...]
TRAVEL TIPS — With so many FREE things in Copenhagen, you don’t have to fall into the tourist trap and overpay. No, in Copenhagen, there are numerous free attractions and other things visitors can get for free…here are the 10 best. 1. Free: Copenhagen’s Little Mermaid The Little Mermaid sits close to the shore of [...]
BUSINESS NEWS — Denmark’s mortgage bonds are defying downgrades by Moody’s Investors Service as an increasing number of international buyers snap up the securities. Nykredit A/S, Europe’s biggest issuer of covered bonds backed by mortgages, has seen its international investor base grow to close to 20 percent, compared with about 13 percent a year ago, [...]
PROPERTY NEWS — What before considered to be awful and dirty places to live are now surprisingly trendiest places to be and property prices are getting sky high. Funny how things can change so quickly. Should we all buy properties from low life streets and wait for the fame and huge profit? Trend watchers and real estate agents [...]
PRESS RELEASE — MAN Diesel & Turbo signed a contract on 7 July 2011 in Frederikshavn, Denmark for the supply of 4 × MAN 8L32/40 engines to power a seismic vessel ordered by Sanco Shipping of Norway. The vessel will be built by Kleven Maritime at Myklebust shipyard in southern Norway and is scheduled for [...]
TECHNOLOGY NEWS — Energy technology companies fear the budget would stunt the industry’s growth. Less than two years ago prime minister Lars Løkke Rasmussen hinted that the government would soon unveil a grand strategy for making Denmark a 100 percent green-energy country within a matter of years. “Before the next election,” he told an audience [...]
After a chaotic summer with numerous delays and an emergency schedule after July’s massive rainfalls, Banedanmark now has some good news for Copenhageners. Commuters in the capital area can look forward to less delays after the Danish rail company invested nearly two billion kroner to upgrade the signaling system used by the S-train network. Banedanmark [...]
BUSINESS NEWS — Pork and beef exporter Danish Crown could break from tradition and go public or court international investors in order to finance its future growth plan, says its board. The company is now fully-owned by a co-operative of nearly 10,000 independent Danish pig and cow farmers, with roots going back 124 years. In [...]
BUSINESS NEWS — The release of the latest financial results for Danish jewelry company Pandora caused a shocking 70 percent drop in stock prices at the opening of the Copenhagen Stock Exchange on Tuesday. CEO Mikkel Vendelin Olesen’s resignation was announced shortly afterwards. “Although our price increases combined with some destocking are significant contributors to [...]
DOMESTIC NEWS — Denmark is close to proposing a new bank bill that will seek to end a spate of lender failures and help sidestep the European Union’s toughest resolution laws. Lawmakers are in talks with industry representatives to hammer out the details of a bill that will make it easier for healthy banks to [...]
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