Internet telephone company Skype, which was founded by Denmark’s Janus Friis and Sweden’s Niklas Zennström, could be heading for a listing on the stock market that could give the company a value of up to USD 5.5 billion (DKK 30 billion). Skype currently has 500 million users, and earned USD 48 million in the third quarter of last year.
(Source: business.dk)
Master of Light in London spotlight
March 18th, 2010 by David HoskinOne of Denmark’s most famous Golden Age painters has a solo exhibition at the National Gallery in London for the first time. Despite the painter’s popularity, it’s only now that Christian Købke’s (1810-1848) paintings are being exhibited abroad. The exhibition “Christian Købke: Danish Master of Light” comprises 48 of the artist’s paintings.
Jetfighter pumps Denmark into new markets
March 18th, 2010 by David HoskinUS jetfighter manufacturer Lockheed Martin says it can open up new markets for Danish companies like Grundfos. “Danish companies have a high level of technology that we can use to fill gaps in our platform. At the same time we can give them new knowledge and help them launch into markets where they don’t yet have the capability to do this themselves,” says Lockheed Martin’s Vice President, Susan Maraghy.
(Source: business.dk)
Novo Nordisk promotes healthy workplace
March 17th, 2010 by David HoskinDuring their meeting at the World Economic Forum in Davos, Switzerland, business leaders from companies such as Nestle, PepsiCo and Novo Nordisk created a new business-driven initiative to promote a healthy workplace. “The Wellness Alliance for Workplace Health” campaign is designed to allow companies to focus greater attention on their employees’ health.
(Source: borsen.dk)
Danish footballer chooses New Zealand
March 15th, 2010 by David HoskinDanish sports people have hit headlines in New Zealand several times over the last few months. This time, one footballer has caught attention on both sides of the globe. Winston Reid, a highly rated young footballer who was born in New Zealand but grew up on football fields in Denmark, has decided to pursue his international career in New Zealand. It’s a significant move, both for him and New Zealand, I reckon. He’s scuppered his chances of playing for Denmark, a team that ranks way above New Zealand in global standings. But it seems like a player of his caliber will be able to help continue the rapid development of football in a rugby-loving country.
50% of Danes are prepared to work abroad
March 14th, 2010 by David HoskinA recent study for the Danish Chamber of Commerce by business consultancy, Capacent, reveals that half of the Danish adult population is willing to move abroad for a new job. And it’s not just because of the economic crisis; there appears to be an increasing feeling of Wanderlust among Danes.
Source: Business.dk
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 HoskinDanish 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.
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 HoskinAccording 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)

