Tag: Vestas
Science Round-Up: New technology means reusable wind turbine blades
It is a watershed moment for the wind industry. Thanks to the work of researchers from Aarhus University, the Danish manufacturer Vestas will be able to build new wind turbine blades with epoxy. The company has developed a chemical process that makes it possible to break it down and recycle it. “We are super happy […]
World Economic Forum ’23: Participants braced for profound systemic transformation
It says a lot about this gathering that the managing directors and chairmen of most of Denmark’s largest companies – including the managers responsible for Mærsk, Carlsberg, DSV, Lego Group, Novo Nordisk, PensionDenmark, Vestas and Ørsted – will be present, but they won’t even be considered VIPs. So it’s no wonder snipers can be seen […]
Chinese raw materials are crucial for Denmark’s green transition, but is this another situation with Russian gas dependence in the making?
Too much dependence on one country can be dangerous, the war in Ukraine has shown us, but Denmark is in danger of moving all its eggs into another basket, warns author Henry Sanderson. Sanderson’s new book ‘Volt Rush’ describes the battle for the important raw materials needed to realize the green transition, and most supply […]
Business Round-Up: House prices will fall, economists predict
Data from Boligsiden reveals that the price of villas and townhouses fell by 1 percent in July due to high inflation, while the price of apartments fell by 1.5 percent. Economists expect further declines in autumn and winter. When seasonally adjusted, this is the biggest decline in more than a decade. According to Jeppe Juul […]
Business Round-Up: The government puts the economy at risk with too much energy compensation, warns the central bank governor
Danmarks Nationalbank Governor Signe Krogstrup has warned that the government will put Denmark’s economy in great danger if it pays too much compensation to homeowners who were hit by large energy bills this winter. In a speech to Berlingske, she explained: “If compensation schemes are adopted that are not matched by public savings or higher […]
Business Round-Up: Chairman of the Consumer Council concerned about loan sharks on Facebook
Anja Philip, chair of the Consumer Council Think’s Consumer Council, wants more measures to prevent consumers from falling victim to loan sharks operating on Facebook. The legislation introduced in 2020 has ensured that loans can only be offered with a maximum annual interest rate of 35 percent, which causes about half of all quick loan […]
This week’s editorial: More stories about the unexpected
‘Expect the unexpected’ was the slogan when the pandemic came. We had not, or at least during the Queen’s reign, seen anything like it. Two years and more mutations later, we are still living with it, but we are not worried anymore – more annoyed than anything else. But normal life is back and the […]
Danish brands stop activities in Russia and Ukraine
Danish brands have stopped their activities in Russia – and also Ukraine. For example, Carlsberg has also closed several of its breweries in Russia, while the painting group Flügger has closed all its operations in the country. In the meantime, the logistics company DSV, like Jysk, has sent all its employees home to Ukraine with […]
Business Round-Up: Strongest Economic Growth in 15 Years
Denmark had an economic growth of 3.9 percent last year, the first projections from Statistics Denmark show. The level is on a par with 2006. According to Danish Industry, one had to go back to 1994 to find higher growth. The strong economic growth in 2021 followed a decline of 2.1 percent in 2020 due […]
Russia’s invasion of Ukraine causes shares to plummet in Denmark
Russia’s invasion of Ukraine has resulted in shares falling all over the world. At opening time this Thursday, the Danish C25 index of the country’s leading shares had fallen by around 4.79 percent. An hour later, it had returned by 2.8 percentage points, then still a decrease of 2 percent compared to yesterday. The index […]
Danish News Round-Up: Denmark again the least corrupt country in the world
Denmark shares first place in annual corruption index published by Transparency International. Right first were New Zealand and Finland, and all three scored 88/100. Denmark’s score peaked at 92 in 2014, but its score dipped to 87 in 2019, so it is on its way up again. All Nordic nations in the top 16 The […]
UK-DK Trade: Nothing beats binding like this!
Just six and a half weeks after the film’s release, 1,000,000 tickets had been sold for the latest James Bond film, ‘No Time to Die’, in Denmark. Have been waiting for you! One-sixth of the population went to the cinema to watch a movie they had been waiting to enjoy for almost two years. Fans […]
Danske Nyheder Round-Up: Denmark in the top ten for construction workers
Denmark ranks as the world’s tenth best country for construction workers, shows a new one Workwear guru examination. The report took into account factors such as average wages, cost of living and safety in the workplace. Construction workers in Denmark received the sixth highest annual salary with 45,295 US dollars. But Denmark lost points for […]
Companies have given the green light to ask employees for a corona pass
The government has given companies the green light to ask their employees to have a corona passport. It was made possible thanks to a tripartite agreement reached by the government, employers and trade unions two weeks ago, and it became law today. Failure to take a test when asked to do so by an employer […]
Business Round-Up: Copenhagen Airport positive for the future despite the COVID-19 downturn
Copenhagen Airport continues to expand despite the hardships of the pandemic, and we are optimistic about the future. In recent years, the development of its terminals with better facilities and more space for airlines, customers and passengers has been a continuous process. And if anything, the absence of customers has given the airport more opportunities […]
Business Round-Up: Historically high number of homeowners who pay off mortgages on time
The majority of homeowners paid off their mortgages on time in the second quarter of 2021, when only 0.14 percent, according to Finans Danmark, failed to reach the best payment rate in 14 years. Ane Arnth Jensen, Deputy CEO of Finans Danmark, believes that a marked fall in unemployment may be the reason why more […]
Business Round-Up: Economic Experts Encourage Foreign Recruitment to Facilitate Labor Shortages
The acute shortage of labor in Denmark has been linked to Danish Industry as “The largest recruitment crisis in Danish history”. Last month, the government presented the reform ‘Denmark can do more‘. Last week, the government stepped in an agreement with national recruitment associations to strengthen efforts to match the unemployed with job vacancies and […]
Business Round-Up: Bestseller rewards employees with double pay in November
The Danish clothing giant Bestseller has distributed mass bonuses to all its employees: equivalent to a whole extra monthly salary together with their usual November salary slip. Why the early Christmas present? After a turbulent year with the closures of COVID-19, the company wants to recognize the employees’ “great team effort” during the pandemic adversity. […]
Helle Thorning-Schmidt publishes a book on gender and equality
According to the presentation of the book, she does not want to point fingers, but instead gives her opinion on how there can be freedom for everyone and how men and women can move forward together. – When I hear people say that we then have equality in Denmark, and that there is nothing more […]
National Round-Up: Do Danish dogs bite less?
There have been fewer reported dog bites in Denmark this year, which begs the question: will Danish dogs be calmer, or will Danes be less likely to make insurance claims? In 2020, 6,507 dog bites were reported to insurance companies – slightly less than the year before. But according to figures from Forsikringsoplysningen, a total […]
India will learn from green Danish solutions
– We also want to be greener again, says Subrahmanyam Jaishankar. – And in relation to that, we believe that Denmark is a very unique partner, because you have strengths and experiences and a best practice, which is enormously helpful for a country like India at this time in the country’s development, he says. Earlier […]
Business Round Up: Coastal floods and damage to property can disrupt the entire Danish financial system
Danmarks Nationalbank is concerned that rising waters and soil erosion around Danish coasts will make coastal properties – which many use as collateral against bank loans – worthless. Flood risks already threaten around DKK 41 billion in loans, and Danmarks Nationalbank predicts that the figure could rise to DKK 198 billion at the end of […]
Business Round Up: EU greenlights billion kroner Danish renewable electricity scheme
Looking forward to 2050 The aid scheme was approved on the grounds that it will drive green EU development and encourage energy producers by equalizing the input-output costs of electricity without distorting competition in the internal market. In 2019, the Commission announced a target of no EU greenhouse gas emissions by 2050. In April 2021, […]
The government will convince the EU of greener energy targets
It writes Berlingske. Denmark will try to gather a majority for a goal that renewable energy should account for 45 percent of the EU’s energy consumption by 2030. At the same time, the government believes that energy efficiency should be increased to 40 percent. This is measured by how good the EU countries are at […]
Business Round-Up: Danish exports are growing despite the hit 2020
A hard last year worldwide saw exports of Danish goods and services in 2020 by 9 percent compared to 2019 according to Statistics Denmark – a figure equivalent to 111.5 billion kroner. Despite this dismal report, growth of 3.3 percent in November last year gives cause for optimism in the new (and hopefully eventually corona-free) […]
Wine power plant collapsed: “extremely unusual”
A 250 meter high wind turbine collapsed the night before Sunday in Jörn outside Skellefteå. The company behind the power plant will investigate the accident and Anders Riis, communications manager at Vestas, which built the power plant, says that they are now stopping all power plants in the park as a safety measure. – As […]
As the sand may run out of her time, the U.S. ambassador so far reflects on three happy years
Following in the footsteps of one of Denmark’s most popular ambassadors ever, Carla Sands had a big job on her hands when she took over the Rydhave home from Rufus Gifford in 2017. But unlike her predecessor, the former actress already had extensive experience appearing on camera, and she has used this with great effect […]
Business Round-Up: Wind in change in India
The Danish wind turbine company Vestas announced a new model yesterday, which it hopes will increase energy production dramatically in India. Conditions with low wind It claims that the new turbine can be used globally, but that it is particularly suitable for areas with “low and ultra-low” wind conditions. India and the United States are […]
