Windy weather provides power surplus
Last Sunday’s stormy weather led to more energy than households could consume. New figures from Energinet show the strong winds that blew across the country sent wind turbines into overdrive, producing 130% of…
MoreCarsberg knew of Indian bribes in 2017
Carlsberg management was made aware of bribery allegations in India two years but failed to act. After it was revealed that managers at the brewing giant’s Indian subsidiary have made secret cash payments to…
MoreWholesale prices drop
The Producer Price Index (PPI), which reflects the selling (wholesale) prices received by producers of goods and services, declined further in August. The latest Statistics Denmark figures show producer prices fell 3.1 percent…
MoreTax fraud sends millions of documents to Denmark
Denmark has received millions of documents from Dubai regarding alleged tax fraud Sanjay Shah and more are on the way, Steen Bechmann Jacobsen, director of the control unit at the Danish Tax Agency said…
MoreTax Minister warns of clampdown on banks
Tax Minister Morten Bødskov has warned there will be greater oversight of the banking sector in the future after the Danish Tax Agency (Skattestyrelsen) yesterday demanded DKK900m from Nordea as part of the…
MoreDanish Industry: Green conversion can make Denmark more prosperous
The Confederation of Danish Industry (DI) has laid out its own climate ‘plan of action’ that closely mirrors the government’s aim to reduce greenhouse gas emissions by 70% ahead of 2030. CEO Lars…
MoreConservatives back government’s climate target
The Conservatives are ready to support the government’s aim of a 70% reduction in greenhouse gas emissions by 2030 but not unconditionally. Party leader Søren Pape Poulsen told financial daily Børsen he will…
MoreEthnic minorities break social heritage code
Young adults from ethnic minorities have become better at breaking the negative cycle of social inheritance than native Danes, a new study by the Economic Council of the Labour Movement shows. According to…
MoreRussian pipeline fast approaching Denmark
The controversial Russian-led gas pipeline Nord Stream 2 pipeline is fast approaching Danish territorial waters through the Baltic Sea but Denmark has yet to approve the project, which is planned to begin transporting…
MoreDanish company supplied fuel to Russian fighter jets in Syria
Bank documents reveal that Middelfart-based Bunker Holding has received multi-million payments from the Maritime company, which supplies Russian fighter jets operating in Syria with fuel. Bunker Holding, the world’s second-largest bunker company, owns…
More