Area of business

More highly skilled expats come to work in Denmark


More and more highly skilled foreigners choose to work and live in Denmark, reports a new survey. The number of well-educated expats in the Danish knowledge industries has gone from 33,000 in 2008 to 41,500 in 2010.


Siemens Wind Power plans to expand their Danish activities


Siemens Wind Power in Denmark plans to strengthen its activities and hire more skilled Danish cleantech labour in 2011.


World Bank: Denmark second easiest place to do business in Europe 2011


The World Bank ranks Denmark as the second easiest place in Europe to do business in 2011. Denmark ranks number six in the world among 183 countries.


Forbes: Denmark is the world's best country for doing business


Denmark ranks on top of Forbes Magazine’s prestigious global league table of “Best Countries for Business” - for the third year running.


Denmark Second Best Digital Economy in the World 

IBM and the Economist Intelligence Unit's ranks Denmark no.2 in the world in their annual "Digital Economy Rankings" 

Danish Biotech Company sees Huge Potential in new Semen Test  

The Danish biotech company, SPZ Lab, has developed a new diagnostic semen test, which will enable involuntarily childless couples to find the right treatment. 

Danish Computer Game Industry Leaps Forward 

Despite the financial crisis, Danish computer games are doing very well, with a 4% increase in revenue in 2009. 

Danish 2nd Generation Bio-Fuel Ready for Use 

The Danish bio fuel company, Inbicon, has just finished a project, which enables cars to replace gasoline with bio-fuel produced from straw. 

Denmark among the most creative in Europe 

A new EU report ranks Denmark as the seventh most creative region in the EU. 

How China’s New Global Companies can Benefit from Denmark 

Eight leading Chinese multinational corporations, VIPs and more than 200 guests participated in a major business conference hosted by Invest in Denmark. At the event, AAC, world-leading Chinese acoustics company also signed a major acquisition contract to buy Danish industry leader Kaleido. 

World’s First Combined Wave and Wind Power Plant is Launched in Denmark 

The world’s first combined wave and wind power plant has been established just outside Lolland, in the Southern part of Denmark. The plant scaled 1:6 is a pilot project named Poseidon 37. 

Major Cleantech Funding Programme Kicks Off in Denmark 

Danish funding programme Green Labs DK is now calling for applications for the first funding round of approx. DKK 130 million (EUR 17.3 million). In total DKK 210 million (EUR 28 million) will be handed out over the course of three years. 

One of the World’s Largest Offshore Wind Farms gets Greenlit 

One of the world’s largest offshore wind farms is set to be built at the Danish island, Anholt. 

Danish island Bornholm to be testing ground for Chinese MyCar 

From June until November 2010, inhabitants and visitors on the Danish island of Bornholm will be able to rent small, two-seat electrical vehicles, MyCar, from the Chinese producer EuAuto. 

Chinese DNA giant BGI establishes European headquarters and research centre in Denmark 

One of the world’s leading genome centres, Chinese BGI, has announced plans to establish European headquarters in Copenhagen. The venture is the largest ever Chinese biotech investment in Denmark and BGI expects a first year turnover of DKK 5 billion (USD 1 billion). 

New Danish test bench for offshore wind turbines to be one of Europe’s biggest 

Risø DTU and Lindoe Offshore Renewables Center (LORC) join forces on a shared test facility to ensure the future development of Danish offshore production.  

Vestas scoops the biggest order in its history 

The Danish wind turbine manufacturer has been awarded a contract for delivery of up to 2,100 MW by Portugal's EDP Renováveis, the world's third largest wind power company 

Danish-Norwegian biotech firm Affitech gains Russian owners 

Russian investor Trans Nova Investment has put DKK 155m into Affitech and has taken a 53.3% stake in the company 

Unique Danish technology converts woodchips to natural gas 

Haldor Topsøe is to supply groundbreaking technology to a plant in Gothenburg, Sweden, which will produce synthetic natural gas from woodchip waste  

Danish project will develop and test vertical axis wind turbines 

With the help of DKK 2.7m of EU support funding, a group of Danish project partners are undertaking a 2 year project to develop vertical axis wind turbines 

Genmab reaches Arzerra milestone payment 

Danish biotech company Genmab has reached a lucrative milestone for its drug Arzerra as the European Commission gives conditional marketing approval in the EU 

Solar firm Sunsil prepares to launch modular PV system 

The small Danish solar technology company aims to show that solar cells can be commercially attractive without the need for subsidies 

GN Resound looks to new product to revive its fortunes 

GN Resound hopes to recover lost ground in the hearing aid market with a product containing what it describes as 'truly wireless technology' 

US life science concern acquires Danish protein analysis company 

Odense-based protein analysis company Proxeon has been sold to the major life science concern Thermo Fisher Scientific in the US 

Aalborg University joins EU project on smart electricity use 

The project will use intelligent electricity meters to see how a greater proportion of non-carbon renewable energy can be used in the European energy mix 

China's EuAuto to use Bornholm as EV test island 

From June to October this year, visitors to the Danish island of Bornholm will be able to test drive a small two-seater electric vehicle from China's EuAuto 

Pentagon officials visit green energy municipality in Denmark 

Thisted municipality provides a ready-made, life-size example of how a US air force base could be run on homespun renewable resources 

New IT system can help prevent incorrect prescribing of medicines 

A new IT system developed by Danish entrepreneurial company Daintel can help reduce the extent of incorrect prescribing of medicines in intensive care units 

Opinions vary on employment prospects in Danish wind industry 

Rosy figures for Danish wind industry exports in 2009 give hope for better employment prospects in 2010, but some analysts are cautious in their outlook 

Diabetes drug Victoza gets off to a flying start in US 

After just 6 weeks, Novo Nordisk's new type 2 diabetes drug Victoza has grabbed 16% of new prescriptions for GLP-1 analog medications on the US market 

Vestas sub-supplier to open factory in Colorado 

Danish wind turbine component supplier Aluwind is venturing into the US market with the opening of a factory in Castle Rock near Denver, Colorado 

Denmark explores how to store wind energy as heat 

The practicalities of storing wind energy as heat is being explored in a research project being organised by the Danish Energy Authority and 

Danish energy company establishes remote meter reading 

Electricity provider Syd Energi in southern Jutland is the first energy company in Denmark to offer remote meter reading in its entire supply area 

Massive Danish solar thermal plant to be doubled in size 

In May this year, work will get under way to double the size of the solar thermal array at Marstal district heating plant 

Danish shipping firm Torm joins World Ocean Council 

Danish shipping company Torm has become the first of its kind to join the World Ocean Council as a founder member 

Vestas receives 50 MW order from China 

Vestas Wind Systems has announced that it has received an order from China's Heilongjiang province for 50 MW of wind energy 

North Jutland aims to become international test bed for ITS 

North Jutland Growth Forum is providing DKK 18m in funding for the development of an Intelligent Transport System in the region 

Novo Nordisk receives high praise for its ethical standards 

The US think tank Ethisphere has selected Danish medico company Novo Nordisk as one of the 2010 World's Most Ethical Companies 

H2 Logic supplies Greenland's first hydrogen plant 

Danish hydrogen technology company H2 Logic has developed and delivered Greenland's first hydrogen plant to the national energy company Nukissiorfiit 

Vestas receives 145 MW order from US utility We Energies 

Vestas Wind Systems has announced that it has received an order from Milwaukee-based We Energies for 81 V90*-1.8 MW wind turbines for the Glacier Hills Wind Park 

Danish consultants to supervise what will become Africa's largest wind farm 

Danish consultants have been commissioned to analyse and supervise a major wind farm project in Kenya 

Mercedes chooses Denmark as test country for electric Vito Van 

Following the government's decision to extend registration tax exemption of EVs to 2015, Mercedes-Benz chooses Denmark as a test country for its electric Vito Van 

DKK 885 million – the biggest research donation in Danish history 

The Novo Nordisk Foundation makes a massive donation to establish a new centre for metabolic research at Copenhagen University 

Medotech seeks investor for launch of its novel medico device in US 

Medotech has gained marketing approval in the US of its Grindcare product and is seeking an investor who can provide DKK 15-20m for the launch 

Vestas maintains its No.1 position in the wind turbine market 

New figures from Make Consulting reveal that Danish wind turbine manufacturer Vestas lost market share in 2009, but maintained its leading position 

Grundfos gains contract for 100 Lifelink water supply systems for Kenya 

World leading pump manufacturer Grundfos has gained a contract from Red Cross in Kenya, Africa, for 100 water supply systems from its subsidiary Lifelink 

US orders first 20 million doses of Bavarian Nordic's smallpox vaccine 

The Danish vaccine company filled its order book for 3 years at a single stroke, when the FDA gave the final approval for the company's smallpox vaccine Imvamune  

Serious Games Interactive looks to continue its winning strategy 

Copenhagen-based Serious Games Interactive, which develops games designed to educate as well as entertain, has now turned a profit for the second year in succession 

Danish game Limbo scoops prestigious international awards  

Limbo wins awards for Excellence in Visual Art and Technical Excellence at the 12th Independent Games Festival held in San Francisco 

MT Højgaard wins foundations contract for UK's Lincs wind farm 

MT Højgaard has won a EUR 130m contract for 75 offshore wind turbine foundations in the North Sea, 8 km off the UK coast 

Smart textile firm Ohmatex selected for Place-it research project 

The Aarhus-based firm has been selected to participate in a major European IT project concerning the development of intelligent, luminous textiles  

Vestas inaugurates IT hub in the Philippines  

Vestas has added an IT hub in the Philippines to its three existing IT hubs in Denmark, Singapore and the USA 

Danish-Chinese research collaboration on plastic solar cells 

Aalborg University and the Danish National Laboratory for Sustainable Energy will collaborate with Chinese researchers on finding a way to mass produce plastic solar cells cheaply 

Bladt Industries gains order for 175 offshore foundations for London Array 

Danish steel manufacturing company Bladt Industries has gained a contract to produce 175 wind turbine foundations for the first phase of London Array 

Fledgling firm Intomics enters agreement with LEO Pharma 

Intomics, a spinout from the Center for Biological Sequence Analysis at the Technical University of Denmark, has entered a collaboration agreement with LEO Pharma 

China's Envision Energy orders LM Glasfiber's new wind turbine blade 

The Danish manufacturer will deliver a new wind turbine blade for 1.5 MW wind turbines which can extract up to 5% more energy from the wind 

Skykon leases space at Lindoe for offshore foundation production 

Skykon Offshore has leased a tenth of Lindoe Industrial Park's total area which it will use for the production of offshore wind turbine foundations 

Bornholm aims to be Europe's smart grid laboratory 

The Danish island is looking to become the host for a European pilot project where renewable energy will account for more than 50% of electricity production 

Lundbeck puts promising antidepressant drugs into Phase III studies 

With patent expiry looming for Cipralex in major markets, Lundbeck puts two new antidepressant drugs into phase III clinical studies 

New centre will put Danish plant science among world's elite 

The Faculty of Life Sciences at Copenhagen University is investing in a new research facility that will further enhance its reputation and attract the brightest minds  

Gamesa looks at Denmark for possible offshore wind turbine production 

Spanish wind turbine manufacturer Gamesa has looked at four Danish locations for establishing a factory for production of offshore wind turbines 

Invest in Denmark helps Chinese wind energy company, Envision Energy establish Global Innovation Center in Denmark  

The new Global Innovation Center based in Silkeborg is the company’s first establishment outside of China. Envision Energy expects to employ up to ten people this year. 

Public funding to keep Denmark ahead in wind turbine blade research 

The Danish Agency for Science, Technology and Innovation is providing DKK 70m in public funding for two new research centres 

Super-fast data transmission: Denmark leads the way in nanoplasmonics 

The Danish Agency for Science, Technology and Innovation is providing around DKK 20m in state funding to boost knowledge and capabilities in nanoplasmonics 

Danish medico industry optimistic over sales and jobs in 2010  

A recent online survey of the Danish medico industry reveals a healthy amount of optimism regarding revenues, exports and employment in 2010  

North Jutland wind energy companies form HUB North network 

Around 80 players in the Danish wind energy industry will now be brought closer together in a new networking organisation HUB North 

Semco Maritime gains order for biogas fuelled power station 

Danish offshore and engineering company Semco Maritime has announced that it has gained a DKK 25m order for a power station in El Salvador 

Strong US interest in how Denmark integrates wind into the energy mix 

Danish state-owned grid operator hosts a US delegation seeking knowledge of how Denmark is tackling the challenge of putting more wind energy into the total energy mix 

New test centre for hydrogen fuel cells to be established 

Risø and the Danish Gas Technology Centre are joining forces in a state-backed project to establish a test centre for hydrogen powered fuel cells  

Danish device for blood pressure monitoring attracts funding 

Vækstfonden, Seed Capital, and a number of private investors are putting DKK 15m (USD 2.7m) into a patient-friendly blood pressure measuring device 

Denmark extends tax exemption of electric cars to 2015 

Uncertainties over the registration tax outlook for EVs are dispelled as the government extends the full tax exemption for a further three years to 2015 

Roskilde University establishes health research centre 

Roskilde University is to establish a new research centre with the aim of gaining knowledge that can help the Danish population to become healthier  

Danish inventor gets search engine patent - after an 8 year wait 

Danish inventor Søren Alain Mortensen has gained a European patent on his subject-specific search engine technology 

Japan's Mitsui licenses Inbicon's 2G bioethanol technology 

Mitsui has licensed Inbicon's biomass-based technology to produce bioethanol from agrowaste generated by the palm oil industry in Malaysia  

DTU leads European research into cleaner combustion of biomass 

A research project involving centres in Denmark, Norway, Finland and Austria will explore cleaner and more efficient ways of using biomass to produce electricity  

US webinar focuses on Danish translational medicine 

Science/AAAS has hosted a webinar entitled "Denmark: Better, Faster, Stronger – Leading the Way in Translational Medicine 

New Danish smartphone launched in Barcelona 

The two first models, Lumigon T1 and S1, of a Danish designed smartphone range have been launched at the Mobile World Congress in Barcelona 

Danish biofuel technology firm Biogasol sold to British investor 

Biogasol, which has developed a technology for producing 2nd generation bioethanol, has been acquired by British private equity firm Fjord Capital Partners  

Aalborg University teams with US firm Niksun on cybersecurity project 

US network management firm Niksun is joining forces with Aalborg University on a project designed to improve security on tomorrow's network systems 

Novozymes makes 2G bioethanol cost-competitive with gasoline 

Novozymes launches a new enzyme product that the company says will make cellulosic ethanol cost-competitive with gasoline in the US 

Shipping group aims to double its revenues to DKK 80bn 

Aalborg headquartered shipping company Wrist Group, which is owned by Nordic equity fund Altor, plans further acquisitions, with the US being a particular focus area 

Epitherapeutics raises extra capital for cancer drug discovery 

The biopharmaceutical company has raised an additional DKK 10m in seed financing from the venture arm of Danish pharma firm Lundbeck 

SEED Capital raises capital for investments in Danish IT industry  

Danish venture fund SEED Capital has raised DKK 435m for new investments in promising technology companies 

DTU's data transmission world record gets noticed in the US 

The breaking of the 'terabit barrier' by DTU last October has attracted strong interest in the US, as well as a desire to collaborate on data transmission research  

Sunstone Capital invests DKK 20m in Danish medico firm 

Nordic venture company Sunstone Capital has invested DKK 20m in medico firm FBC Device, which develops spinal implants for patients with back problems 

NeuroSearch share price rockets on positive drug study news 

Danish biopharmaceutical company NeuroSearch has announced positive top line results from a phase III study of a candidate drug for the treatment of Huntington's disease 

SCF Technologies' CatLiq bio-oil process attracts interest from Italy 

SCF Technologies has entered an agreement with CO-VER Industrial to market SCF's CatLiq process technology for producing oil from organic waste 

NYT gets curious over the Danes' special relationship with garbage 

The New York Times is to interview a municipal mayor and the boss of a waste incineration plant to find out more about the Danish model of waste management 

US pharma firm to co-develop Topotarget cancer drug 

Topotarget has signed an agreement with US company Spectrum Pharmaceuticals to develop and commercialise Topotarget's HDAC inhibitor drug belinostat 

France and Italy order biomass-fired power stations from Aalborg firm 

Aalborg Energie Technik recruits new staff as the company lands two new orders for advanced biomass-fired power stations 

Microsoft chooses Danish open source CMS for web development site  

US software giant Microsoft has chosen the Danish open-source content management system Umbraco for its ASP.Net site 

Car fuelled by government waste paper goes on show in US 

Danish enzymes manufacturer Novozymes and US company Fiberight have demonstrated a vehicle partly fuelled by bioethanol manufactured from government waste paper 

Diagnostics firm Dako enters collaboration deal with AstraZeneca 

Danish cancer diagnostics company Dako has entered a collaboration agreement with AstraZeneca to develop diagnostics tests 

Novo Nordisk gains US approval of its new diabetes drug 

Novo Nordisk has received marketing authorisation of Victoza for the treatment of type 2 diabetes in adults from the US Food and Drug Administration 

Danish research project to put micro fuel cells in hearing aids 

Danish hearing aid company Widex is involved in an all-Danish collaborative project to develop a micro direct methanol fuel cell that can fit in a hearing aid 

Remote monitoring of stresses on offshore wind turbine blades 

The National Laboratory for Sustainable Energy is in the process of developing a remote monitoring system for stresses on offshore wind turbine blades 

Risø DTU launches ambitious EV battery development programme 

Denmark's National Laboratory for Sustainable Energy, Risø DTU, is to join the race to develop a new kind of lithium ion battery for EVs 

Danish digital content company Sitecore among world's best 

For the third year running, the Danish IT firm has made it onto IT magazine EContent's list of the world's 100 leading companies in the digital content area 

New research facility to study potential of making biogas from algae 

At Grenaa harbour on the east coast of Jutland, an algae cultivation facility has been established by a newly formed consortium 

Canada's Ballard gains controlling interest in Dantherm Power 

Canada's Ballard Power Systems, a world leader in hydrogen fuel cell design and manufacture, has acquired a controlling interest in Dantherm Power 

Denmark's offshore energy technology centre LORC gets started 

On Friday of last week, Lindoe Offshore Renewables Center formally got under way with its ambition to maintain Denmark's leading position in the offshore energy production sector 

UK car company shifts production to Denmark 

Britain's Electric Car Corporation has taken the decision that around 1,000 of its EVs will be produced in Denmark instead of the UK 

Denmark leads the way in electronic healthcare systems 

A new study to be published by the Commonwealth Fund concludes that the Danish healthcare IT system is the most efficient in the world, writes the New York Times 

Danish pair strike gold with mood-driven music app for mobiles 

Two Danish entrepreneurs have created a music programme for mobile phones that compiles playlists based on the user's mood at any particular time 

Novozymes: price of 2G bioethanol competitive with gasoline  

Bioethanol produced from agricultural waste can now be produced at a price that makes it competitive with gasoline 

Harvard University to use Danish-designed e-learning software 

Elearningforce has signed a contract with the prestigious Harvard University in the US to supply an e-learning system to 5,000 of the university's students 

Novo Nordisk to research into novel drugs for autoimmune diseases 

The Danish healthcare company and Swedish university consortium Combine announce a research collaboration to develop novel medicines for autoimmune diseases 

Massive investment planned in green energy grid across Europe 

Nine European countries are reportedly planning a massive renewable energy network around the North Sea that will supply green electricity to much of Europe 

Port of Rømø to develop service centre for German offshore wind farm 

The Port of Rømø on the North Sea coast plans to become a service and maintenance centre for German offshore wind turbines 

Maersk Line sees growth on the container shipping market in 2010 

Maersk Line, a division of the A.P.Moller - Maersk Group, sees light ahead on the container shipping market and maintains its fleet of 500 vessels despite competitors cutting their fleets 

Danish designed super smartphone range set for launch 

After two years' top secret development work, a Danish designed smartphone range is set to be launched by a company called Lumigon 

Danish computer game nominated for prestigious honour 

The Danish computer game developer Playdead's game 'Limbo' has been nominated in two prize categories at the prestigious US Independent Games Festival  

Denmark launches international wave power research alliance 

A long-sighted alliance to bring wave power to market maturity has been launched by Aalborg University, supported by funding from the Danish Council for Strategic Research  

Orders pile into Vestas in the closing days of 2009 

Since 23 December Vestas has announced the receipt of five orders ranging from 34 to 140 MW, with a combined capacity of 358 MW 

Lundbeck enters research collaboration with Dutch biotech company 

Danish pharmaceutical company Lundbeck has entered a research collaboration with the Dutch biotech company to-BBB to develop antibodies for the treatment of diseases in the central nervous system 

Danish wind industry sub-supplier Skykon acquires factory in China  

Danish sup-supplier to the wind turbine industry Skykon has acquired a factory in the Jiangsu Province in eastern China 

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