Danske Bank confident about probe outcome
Despite the prospect of a multi-million fine Danske Bank hasn’t set up a contingency fund to deal with losses linked to its alleged role in the Estonia money laundering scandal. Analysts have forecasted…
MoreArla plans DKK 270m innovation centre amidst massive drought payout
International dairy cooperative Arla Foods has announced plans to build a new DKK 270m (€36m) research and development innovation centre in Denmark. Construction is expected to begin in autumn 2019, and the centre…
MoreBusiness shorts
Ørsted in US bid to expand ‘global footprint’ / US authorities monitoring Danske Bank investigation / Carlsberg to invest €100m in France following Macron’s visit Partially state-owned energy company Ørsted (formerly DONG) is…
MoreThe Week That Was, August 27th – September 3rd 2018
Politics/Economy Welfare spending will rise to DKK4.2bn next year as the government prioritised children, the elderly, and health in its pre-election 2019 draft budget – other key points include DKK1bn to underprivileged children…
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