Better Place losing its charge as deadline looms
An association of Danish car owners still need to find a main investor to help save the electric-car network operator Better Place, which filed for bankruptcy in May. But the deadline is coming…
MoreBillions pouring into government coffers from North Sea Foundation
Back in June, the Red/Green Alliance claimed that there was ‘something fishy’ in the 2003 North Sea oil agreement, but it now seems as though money is positively flooding into the Danish Treasury;…
MoreEuroEyes looks at lucrative China market
The Danish/German eye clinic EuroEyes has finally entered the attractive Chinese market with the opening of a private clinic in Shanghai, a city that’s home to no less than 220,000 millionaires. According to…
MoreDenmark aims to stop African tax theft
Denmark is to spend a quarter of a billion kroner teaching developing countries how to become better at tax collection. Development Aid Minister Christian Friis Bach estimated that poor countries could gain ‘astronomic…
MoreDenmark excluded from EU crackdown on fraud
Denmark will not participate in a new crackdown on EU fraud due to the country’s justice opt-out. EU Commissioner for Justice Vivianne Reding, who has proposed the creation of an EU public prosecutor…
MoreNordea: Light at the end of the tunnel?
The Danish economy is showing tentative signs of an upswing according to Scandinavia’s biggest bank, Nordea. After publishing impressive Q2 figures, Wednesday, the Bank said a growing demand for share buybacks, buyouts, and acquisitions is…
MoreForeign praise increases call for more spending
Foreign confidence in the Danish economy has heightened the pressure on the government to relax its tight fiscal policy. After experts at both the Deutsche Bank and the Japanese Nomura Bank said the…
MoreDanish bankers best paid in Nordic region
Denmark has as many highly-paid bankers as Sweden and Norway combined. A new report by the European banking watchdog, EBA, reveals that 33 Danish executives are paid an annual salary of more than…
MoreDanish drug companies deny involvement in China scandal
Denmark’s three biggest pharmaceutical companies – Novo Nordisk, Lundbeck, and LEO Pharma – have all publicly denied any involvement in the growing drugs sales scandal in China. After Chinese police accused the British…
MoreBusiness shorts
Positive result for new Lundbeck drug / Nordea best Bank in Denmark / Exporters target new markets Lundbeck: Financial analysts are encouraged by positive results shown in Lundbeck’s new experimental drug to treat…
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