Business shorts
Vestas fires 400…Norwegian lays off 600 as three Danish subsidiaries declared bankrupt…Producer prices at 4-year low… Clean energy giant Vestas, the world’s largest wind turbine maker, has announced plans to lay off around…
MoreSmall businesses return to work – thousands book a haircut
Hairdressers are facing a busy day today when they open up after a month-long lockdown. Following the successful opening of schools and kindergartens last week the government, under pressure from the opposition, agreed…
MoreHealth warning: Infections will rise as restrictions are relaxed
The health authorities have warned the rate of transmission of the coronavirus will gradually increase as small businesses go back to work today and parts of the health system slowly reopen. At a…
MoreSocial distancing for another 12 months
The Danish public could be forced to accept social distancing for another year. In an interview with Berlingske, head of the National Serum Institute, Kåre Mølbak, said concerts, hugs, handshakes, theatre visits, and…
MoreMinistry could ease the rules for foreign spouses
As society gradually reopens the Immigration Ministry is considering allowing foreign nationals to visit their spouses in this country. A visit to a spouse, partner, or close family member isn’t considered ‘essential’ under…
MoreVirus updates
346 have now died in this country from covid-19. 317 are hospitalised, 227 fewer than when infections peaked on April 1st and 87 are in intensive care. 7,242 have so far tested positive…
MoreGovernment offers DKK100bn more to struggling businesses
The government has expanded its state-funded aid programme for the business sector. In the latest move to support businesses struggling during the corona crisis the government announced an extra DKK100bn of ($15bn) worth…
MoreBusiness shorts
Banks facing massive Q2 losses….Housing prices head south for first time in a decade….’Bleak’ key indicators…. Danish banks are bracing for massive losses in the second quarter as the Covid-19 crisis hits them…
MoreThe Week That Was, April 14th – April 19th 2020:
Coronavirus/ What happened last week: Children aged 11 and younger returned to schools and nurseries on Wednesday after a month-long lockdown. Many small service sector businesses will reopen on Monday, 19/4, after the…
MoreSmall businesses given green light to open as government expands ‘phase one’
Thousands of self-employed people will return to work on Monday after the government and all parties agreed late last night to ease the lockdown and expand phase one of the reopening process. But…
More