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New opportunities in Iraq

March 12th, 2010 by David Hoskin

Danish companies are being encouraged to target the northern regions of Iraq, according to a report in Erhversbladet.dk . The Danish Confederation of Industries (DI) and Danish Trade Council believe that the region is safe enough to do business in. Carlsberg is already increasing its export to the region, for example, and there are also opportunities for smaller companies. Recently, Borum has sold its innovative road marking equipment in northern Iraq.



Blade manufacturer builds in China

March 12th, 2010 by David Hoskin

Danish fibreglass blade manufacturer, LM Glasfiber, has built its fourth factory in China after signing a strategic cooperation agreement with Envision - a leading Chinese wind turbine manufacturer. The deal means that LM Glasfiber has now moved most of its production to China.



Danes look towards China

March 11th, 2010 by David Hoskin

Almost sixty percent of the Danish population believes that China is the land of opportunity, while only 21 percent of Danes see China as a threat. This is according to a recent TNT Gallup opinion poll conducted on behalf of the Danish daily Berlingske Tidende. Excellent criteria for Denmark to keep up with China’s rapid development, believes the Danish expert on Chinese affairs, Verner Worm, who also says that China has a strong image in Denmark.
Source in Danish: business.dk



More innovation and product development to China

March 11th, 2010 by David Hoskin

According to NKT Holding’s CEO, Thomas Hofman-Bang, there are benefits in having production and development located close to each other. NKT Holdings’ companies have their production in low-wage countries like China, Hungary, the Czech Republic, Poland and Mexico. And they have started to move subcontractors to the same zone, as more components are produced in low-wage countries. The next phase, predicts Hofman-Bang, is to move innovation and product development there.
(Source in Danish: business.dk)



Small Danish fish harpoons big Boeing contract

March 10th, 2010 by David Hoskin

Danish Aerotech, a military aircraft parts manufacturer, has signed a contract with Boeing to supply launchers for a harpoon weapon system that will be used on naval vessels.



Shipping giant explores foreign oil fields

March 10th, 2010 by David Hoskin

Despite an historic deficit, A.P. Moller - Maersk is ready to invest DKK 1 billion in new oil fields in the Gulf of Mexico, Brazil and Angola as the economic lifeline of North Sea oil production continues to decline. But is this bad news for the Danish treasury? It’ll probably mean declining domestic revenues from the shipping giant.
Source: Berlingske Tidende



Danish number cruncher lands nomination

March 9th, 2010 by David Hoskin

The Danish professor of mathematics, Peter Land Rock, has just been nominated for the European Inventor Award 2010. This is for his developments in security for a world that is becoming more and more digitized. If you have a digital signature, a credit card or do online banking, chances are you’ve used one of his inventions.
(Source in Danish: Business.dk)



Danish film company wins Oscar

March 9th, 2010 by David Hoskin

Danish film company, M & M Productions, has won an Academy Award for best short film for “The New Tenants”. This the third time in the company’s 15-year history that it has won an Oscar for best short film.
See the report by the Danish Film Institute.



Danish band provides music for iPad ad

March 9th, 2010 by David Hoskin

Apple’s iPad television commercial features a track by Danish band, The Blue Van. The ad, which premiered on American television on Oscar night, features 30 seconds of ‘There goes my love’.



Danish investment in British pharma

March 8th, 2010 by David Hoskin

Novo A/S, the parent company of Novo Nordisk and Novozymes, owns almost half of the British pharmaceutical company, Archimedes Pharma, after making a multi-million dollar investment in the company.





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