Danish pharmaceutical giant Novo Nordisk will announce Thursday a major investment in a French production site to expand capacity for a blockbuster anti-obesity drug, the French presidency said.
The hundred richest Danish families got 141 billion kroner richer last year, according to the 2023 rich list by the Danish magazine Økonomisk Ugebrev. Here are the top ten.
Danish drugmaker Novo Nordisk said Friday
it would invest 42 billion kroner ($6 billion) to expand manufacturing
facilities in efforts to meet massive demand for its anti-diabetes and
anti-obesity treatments.
Danish shipping giant Maersk said on Friday it
would slash 3,500 jobs as net profit and revenue plunged in the third quarter
due to a sharp fall in freight rates.
Danish drugmaker Novo Nordisk reported
Thursday a sharp rise in third quarter sales and profits driven by the success
of its anti-diabetes and anti-obesity treatments Ozempic and Wegovy.
Deserted town centres and struggling businesses are common traits in 14 Danish towns which will now be exempted from a number of regulations to give them a better chance of revival.
Air France-KLM is set to buy a stake of almost 20 percent of Scandinavian Airlines after the airline launched a search for investors to help it exit bankruptcy protection.
With reports of a bidding war heating up over the ruins of the troubled airline SAS, it's uncertain how much a stake the Danish and Swedish states will retain. Here's what we know ahead of Tuesday's press conference.
Denmark's hospitality trade body Horesta has given the online hotel site Booking.com two days to pay payments owed to some 200 hotels and bed and breakfasts in the country, after which it is threatening legal action.
European Commission head Ursula von der
Leyen on Thursday christened the world's first bio-methanol container ship,
Laura, which joined the fleet of Danish shipping giant Maersk.
Massive demand for diabetes and weight
loss drugs made by Danish pharmaceutical group Novo Nordisk have turned it
into Europe's most valuable company, giving Denmark's economy a major makeover.
Shares in the Danish offshore wind giant Ørsted have dropped by almost a quarter since the company said it might be forced to write down the value of US projects by 15bn kroner.
A call by the Moderate Party, a partner in the coalition government, to expand the freedom of Danish companies to hire staff from abroad has been welcomed by the business community.
Denmark's economy has proven resilient, with employment, growth and even house prices higher than anyone expected, but according to Danske Bank it's still too early to call a soft landing.
The popular Irma supermarket chain, slated for closure this year, will hang on a little longer after a delay was announced on shuttering the remaining stores.
Denmark's autonomous Faroe Islands said on Thursday that Russian access to its North Atlantic ports would be restricted to vessels dedicated exclusively to fishing, in response to Russia's invasion of Ukraine.
Russia has seized four tugboats belonging
to a subsidiary of Danish shipping giant Maersk in Russia's far east,
according to the group, which ceased operations in the country after Moscow's
invasion of Ukraine.
Consumers will no longer be able to buy tobacco products of any kind in Lidl supermarkets in Denmark by the end of 2028, the company announced on Tuesday.
