(IN BRIEF) Vestas has secured a 114 MW contract from SAB WindTeam for the Ahlum-Dettum wind project in Lower Saxony, Germany. The order includes the supply, delivery, and commissioning of 17 V162-6.2 MW and two V136-4.2 MW wind turbines, along … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Ahlum-Dettum Project, Denmark, Germany, Lars Niebuhr, partnership, SAB WindTeam GmbH, Sulai Fahimi, sustainability, Vestas, wind turbine
(IN BRIEF) The European Investment Bank (EIB) is providing a €1.2 billion loan to support the construction of the Thor wind farm in the Danish North Sea, developed by RWE. The 1.1 GW wind farm, consisting of 72 turbines, will … Read the full press release
Posted in Banks, Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Luxembourg
Tagged 1.1 Gigawatt, 2040, 72 wind turbines, Belgium, Danish North Sea, Denmark, Energinet, European Investment Bank, France, Germany, Great Britain, Holstebro, Ireland, Michael Müller, net zero carbon emissions, Netherlands, Nicola Beer, North Sea Energy Cooperation, Norway, RWE, Siemens Gamesa, Thor wind farm, Thorsminde, €1.2 billion loan
(IN BRIEF) The Nordex Group celebrates surpassing 5 GW of installed capacity in the Nordic region with the installation of a N163/5.X turbine at the Kalistanneva wind farm in Finland. With over 1,200 turbines across Denmark, Finland, Sweden, and Norway, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Denmark, Finland, Ibrahim Özarslan, Kalistanneva Wind Farm Installation, Nordex Group, Norway, partnership, sustainability, Sweden, Till Junge
(IN BRIEF) Skanska has sold the Hørkær Have multi-family rental project in Herlev, Denmark, to NREP for DKK 737 million. The project, spanning 22,720 square meters, will feature 264 rental apartments with associated parking spaces, all equipped for electric car … Read the full press release
Posted in Business, Construction, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Denmark, Hørkær Have Project, partnership, Skanska, sustainability
(IN BRIEF) In the latest DHL Global Connectedness Report, the Netherlands emerges as the most globalized country in the European Union, closely followed by Ireland and Luxembourg. Notably, 14 EU member states, including Malta, Belgium, Denmark, Sweden, Germany, Cyprus, Hungary, … Read the full press release
Posted in Business, European Union, Germany, Industrial, Infrastructure & Utilities, International Trade, Transportation & Logistics
Tagged capital, Covid-19 pandemic, Denmark, DHL Express Europe, DHL Global Connectedness Report, EU accession, EU countries, EU members, European Union, four freedoms, free trade, Germany, global connectedness, globalization, information flows, Ireland, Luxembourg, Malta, Mike Parra, Netherlands, New York University Stern School of Business, NYU Stern's Center for the Future of Management, open markets, press freedom, Regional integration, scientific research collaboration, Steven Altman, TOURISM, trade, war in Ukraine
(IN BRIEF) Alumichem, a leading Nordic water treatment solutions company, has reappointed Kuehne+Nagel as its logistics partner in Ghana for the second consecutive year, aiming to provide clean drinking water to communities in need. The partnership focuses on efficient delivery … Read the full press release
Posted in Business, Chemicals, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Alexandre Muratore, Alumichem, clean water, Denmark, GHANA, Isaac Mensah-Boansi, Kuehne+Nagel, partnership, sustainability
(IN BRIEF) Siemens Energy and Energinet, Denmark’s state-owned energy company, have entered a landmark EUR 1.4 billion framework agreement to modernize the country’s energy infrastructure. The deal focuses on expanding the electricity grid in Western Denmark through the construction of … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, Energinet, energy grid, Henrik Riis, partnership, Siemens, Siemens Energy, sustainability, Tim Holt
(IN BRIEF) The European Commission and the European Investment Bank revealed the 20 selected “EU Blue Champions,” representing diverse sectors such as tidal and wind energy, underwater robotics, and satellite data applications. Chosen from Croatia to Sweden, these champions demonstrated … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged CROATIA, Denmark, EIB, EU Blue Champions Program, France, Germany, Greece, GROWTH, Italy, Norway, Ocean Innovators, partnership, PORTUGAL, Spain, sustainability, Sweden
(IN BRIEF) Alfa Laval is part of the consortium Molten Salt Storage (MOSS), funded by the Energy Technology Development and Demonstration Program (EUDP), which recently inaugurated the world’s first thermal energy storage system using molten hydroxide salts. This innovative project, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alasdair Maciver, Alfa Laval, Denmark, Molten Salt Storage (MOSS), partnership, sustainability, Søren Gade, Thermal Energy Storage System, Thomas Møller
(IN BRIEF) EQT Life Sciences proudly announces Novo Nordisk’s acquisition of Cardior Pharmaceuticals, valuing the biopharmaceutical company at up to EUR 1.025 billion. Based in Hannover, Germany, Cardior specializes in RNA-based therapeutics for cardiovascular diseases, focusing initially on heart failure. … Read the full press release
Posted in Business, Denmark, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, Netherlands, News, Pharma & Biotech, Science, Technology
Tagged acquisition, Cardior Pharmaceuticals, Christoph Broja, Claudia Ulbrich, Denmark, EQT, EQT Life Sciences, Germany, Heart Diseases, Novo Nordisk, partnership, Professor Thomas Thum, RNA Therapies, sustainability
(IN BRIEF) TotalEnergies announces the successful restart of production from the Tyra hub in the Danish North Sea following a major redevelopment project. The revamped hub is set to produce 5.7 million cubic meters of gas and 22,000 barrels of … Read the full press release
(IN BRIEF) Telefónica has received a special centennial gift from the LEGO Group: a meticulously detailed replica of its historic headquarters at Gran Vía 28, scaled down to 1:50. This impressive LEGO construction, one of the largest in the world … Read the full press release
Posted in Business, Construction, Denmark, Industrial, Management, News, Spain, Technology, Telecom
Tagged Bricks, Centennial Gift, Denmark, Georg Schmitt, headquarters, José Cerdán, LEGO, partnership, Replicated, Telefonica, Vincent Plane
(IN BRIEF) Startical, a venture created by ENAIRE and Indra, has announced its collaboration with GOMspace and NanoAvionics to conduct tests on communication and surveillance systems for its future constellation of over 270 satellites, aimed at providing air traffic services … Read the full press release
Posted in Aviation & Aerospace, Business, Denmark, Financial, Government, Industrial, Investment, Lithuania, Management, News, Security & Safety, Spain, Technology, Telecom
Tagged Air Traffic Services, Carsten Drachmann, Communication, Denmark, GOMspace, Indra, J. Enrique González Laguna, Lithuania, NanoAvionics, partnership, Satellite Testing, Startical, Surveillance systems, Žilvinas Kvedaravičius
(IN BRIEF) Hydro Extrusions has announced an agreement to sell its fabrication unit in Kaunas, Lithuania, to VE Invest UAB. The Kaunas plant, with approximately 170 employees, serves as a fabrication unit for Hydro’s extrusion plants in Sweden and Denmark. … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, Metals and Minerals, News, Norway, Sweden
Tagged acquisition, Bruno D’hondt, Denmark, Hydro Extrusions, Kaunas Plant, Lithuania, partnership, Paulius Velicka, sustainability, Sweden
(IN BRIEF) Vestas has secured a firm order from Thyborøn-Harboøre Vindmøllelaug I/S af 2002 for a V236-15.0 MW wind turbine to be installed directly on the waterfront in the Port of Thyborøn, Denmark. The order includes supply, delivery, commissioning, and … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, Jens Jørgen Birch, Nils de Baar, partnership, sustainability, Thyborøn Port, V236-15.0 MW Wind Turbine, Vestas
(IN BRIEF) Hydro and NKT have announced a strategic partnership to develop a cutting-edge, low-carbon aluminium power cable value chain, aimed at facilitating the growth of Europe’s renewable energy grid. The collaboration, set to extend towards 2030, will focus on … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Technology
Tagged Denmark, Eivind Kallevik, Hydro, INNOVATION, low-carbon aluminium, NKT, partnership, Power Cable, sustainability, Will Hendrikx
(IN BRIEF) Ericsson and TDC NET have initiated a groundbreaking collaboration to provide Virtual Reality (VR) training for TDC NET’s engineers, marking the first of its kind in the Nordics. This innovative approach replaces traditional 2D screen training with immersive … Read the full press release
Posted in Business, Denmark, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Sweden, Technology, Telecom
Tagged 2D screen, Denmark, engineers, Ericsson, Niclas Backlund, partnership, sustainability, Søren Elsborg, TDC Net, training, Virtual Reality
(IN BRIEF) Almirall S.A., a leading pharmaceutical company specializing in medical dermatology, has finalized an exclusive license agreement with Novo Nordisk for the development and commercialization of NN-8828, an IL-21 blocking monoclonal antibody. This innovative treatment holds potential for various … Read the full press release
Posted in Business, Denmark, Education, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Spain, Technology
Tagged Almirall, Denmark, Dermatology, Dr. Karl Ziegelbauer, IL-21, NN-8828, Novo Nordisk, partnership, sustainability
(IN BRIEF) Rheinmetall AG is undertaking a significant strategic initiative to enhance Germany’s national security preparedness by constructing a new ammunition factory, “Werk Niedersachsen,” at its Unterlüß site in Lower Saxony. This factory, with an investment volume of around €300 … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged Ammunition Factory, Armin Papperger, Boris Pistorius, Chancellor Olaf Scholz, Defence, Denmark, Germany, Mette Frederiksen, partnership, Rheinmetall, Unterlüß, “Werk Niedersachsen”
(IN BRIEF) In a significant development, the European Commission has signed an amendment to the InvestEU guarantee with the Nordic Investment Bank (NIB), making NIB the implementing partner for Norway and Iceland. This expansion broadens NIB’s lending capacity under the … Read the full press release
Posted in Banks, Business, European Union, Financial, Finland, Iceland, Industrial, Investment, Management, News, Norway
Tagged André Küüsvek, Denmark, Estonia, Finland, Iceland, InvestEU, Latvia, Lending Capacity, Lithuania, NIB, Norway, partnership, Poland, sustainability, Sweden
(IN BRIEF) Europe experienced a remarkable year in offshore wind energy in 2023, witnessing a record 4.2 GW of new offshore wind farms coming online, marking a 40% increase from the previous year. Investments of €30 billion were confirmed for … Read the full press release
Posted in Belgium, Business, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Denmark, European Offshore Wind, Financial, France, Germany, investments, Poland, Positive Outlook, Spain, the Netherlands, UK, WindEurope
(IN BRIEF) Denmark’s renowned beverage and home-freeze ice lolly producer, CO-RO, has selected Alfa Laval to provide a complete juice mixing plant for its processing facility in Frederikssund, Denmark. Sustainability plays a pivotal role in this collaboration, as food and … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alfa Laval, CO-RO, Denmark, Juice Mixing Plant, Lars Dithmer, partnership, sustainability, Sweden, Søren Holm Jensen
(IN BRIEF) Maersk and Hapag-Lloyd, two major shipping companies, have unveiled a new operational collaboration named the “Gemini Cooperation,” set to commence in February 2025. The partnership aims to provide a flexible and highly reliable ocean network, with a combined … Read the full press release
(IN BRIEF) DNV has completed a comprehensive market study commissioned by a consortium of Danish entities in the Carbon Capture, Utilization, and Storage (CCUS) sector, aiming to assess Denmark’s potential as a pivotal European CO2 hub. This initiative aligns with … Read the full press release
(IN BRIEF) Rheinmetall’s mobile Skyranger 30 air defence system has achieved a significant milestone as it moves closer to series production. The successful testing and live-fire campaign of the Skyranger 30 A1 configuration in December 2023 marked an important step … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Denmark, Germany, Hungary, Rheinmetall, Skyranger 30 Air Defence System, Switzerland
(IN BRIEF) Vattenfall has achieved a significant milestone by completing the Vesterhav Syd offshore wind farm, connecting it to the Danish power grid. All 20 wind turbines at the site are now operational, supplying fossil-free electricity to approximately 170,000 Danish … Read the full press release
(IN BRIEF) Denmark has launched the Green Fuels Alliance India (GFAI) initiative in collaboration with A.P. Moller – Maersk and other organizations, aiming to boost sustainable energy solutions and advance their global goal of carbon neutrality. GFAI will foster innovation, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics
Tagged Brdr. Christensen, Danfoss, Denmark, energy solutions, European Sustainable Solutions, Green Fuels Alliance, H.E. Freddy Svane, Hydrogen Denmark, INDIA, Jillian Evanko, Maersk, Mash Makes, Morten Bo Christiansen, Mr Tejs Laustsen Jensen, Novozymes, partnership, sustainability, Topsoe, Umwelt Energy
(IN BRIEF) The European Investment Bank (EIB) and Ørsted have inked a €400 million framework loan agreement to support the expansion of wind energy production, in alignment with the RePowerEU initiative’s objectives. This marks their fifteenth joint project, reflecting Ørsted’s … Read the full press release
Posted in Banks, Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Denmark, EIB, Europe, Kasper Kiim Jensen, partnership, renewable energy, sustainability, Thomas Östros, Ørsted
(IN BRIEF) Ørsted has commenced construction on two carbon capture facilities at the Asnæs Power Station and Avedøre Power Station in Denmark, marking the country’s inaugural full-scale carbon capture endeavor. This project, backed by a 20-year contract from the Danish … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Asnæs Power Station, Avedøre Power Station, Carbon Capture Project, Denmark, Lars Aagaard, Mads Nipper, Martin Damm, Ole Thomsen, partnership, sustainability, Søren Friis Trebbien, Ørsted
(IN BRIEF) Accenture has entered into a multi-year agreement with Bankdata, a major fintech company in Denmark and the Nordic region, to transform and migrate its capital markets platform to the cloud. Bankdata will utilize Accenture’s Applied Technology and Operations … Read the full press release
Posted in Business, Denmark, Industrial, Management, Marketing, News, Technology
Tagged Accenture, Bankdata, Capital Markets Platform, Christian Wiese, Denmark, modernization, Murex's MX.3 platform, partnership, sustainability, Tom Syrett
(IN BRIEF) Vattenfall has achieved a major milestone as the Vesterhav Syd offshore wind farm delivered its first power to the Danish grid on November 10th. After nearly seven years of work, the wind turbines at Vesterhav Syd are now … Read the full press release
(IN BRIEF) The Anholt Offshore Wind Farm in Denmark has launched a research project to cultivate low-carbon foods like seaweed and mussels while protecting the marine environment. The project aims to address both the climate crisis and marine conservation by … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, Food & Beverage, Industrial
Tagged Anholt Offshore Wind Farm, biodiversity, Boulder reefs, climate crisis, climate-friendly foods, Denmark, Dewi Dylander, Drones, DTU, Ingrid Reumert, Jan Kæraa Rasmussen, Jens Kjerulf Petersen, Kattegat, marine ecosystem, marine environment, offshore wind farm, PensionDanmark, PKA, renewable electricity, seaweed, Technical University of Denmark, ULTFARMS project, Ørsted
(IN BRIEF) Kristian Skovmand, currently the head of SEB’s Investment Banking division, has been named the new Country Manager in Denmark. This appointment comes as Mark Luscombe, the previous Country Manager in Denmark, has chosen to explore new career opportunities … Read the full press release
Posted in Banks, Denmark, Financial, Investment, Management, Sweden
Tagged appointment, Denmark, Investment Banking, Jonas Ahlström, Kristian Skovmand, Mark Luscombe, SEB
(IN BRIEF) Danmarks Nationalbank, the central bank of Denmark, has become the second central bank outside the euro area to actively trade and centrally clear repo transactions at Eurex. Eurex’s cleared repo markets, which currently have over 160 registered participants, … Read the full press release
Posted in Banks, Business, Denmark, European Union, Financial, Germany, Industrial, Insurance, International Trade, Investment, Management, News
Tagged Danmarks Nationalbank, Denmark, Deutsche Börse, Eurex, Financial, investment, Martin Wagner Toftdahl, Matthias Graulich, partnership, Repo Markets, trading
(IN BRIEF) Hydro Rein and GreenGo Energy have expanded their partnership to develop two new early phase solar projects in Denmark. The combined capacity of the projects is 410 MW, with an estimated total annual production of 522 GWh. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway
Tagged Denmark, GreenGo Energy, Hydro REIN, Karsten Nielsen, Lisa Haukaas, Norsk Hydro, partnership, solar projects, sustainability
(IN BRIEF) Renewable fuel company Neste has formed a partnership with Biofuel Express to expand the distribution of Neste MY Renewable Diesel™ in Denmark. Biofuel Express will be responsible for distributing and selling the renewable diesel fuel, while Neste will … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Management, Marketing, News, Retail
Tagged Biofuel Express, Christian Pettersson, Denmark, Martin Sebastian Agdal, Neste, Neste MY Renewable Diesel, partnership
(IN BRIEF) Arriva Group has successfully sold its businesses in Denmark and Serbia to Mutares SE & Co. KGaA, an international financial investor. This sale is in line with Arriva Group’s strategy to focus on its core markets in the … Read the full press release
Posted in Business, Denmark, Industrial, Investment, Management, Serbia, United Kingdom
Tagged Arriva Group, bus, Denmark, Deutsche Bahn, divestment, Mutares SE & Co. KGaA, rail, SERBIA, VR Group
(IN BRIEF) RWE has announced the preferred suppliers for all main components of Thor, Denmark’s largest offshore wind farm, which is planned to have a capacity of over 1,000 MW. The project will be built in the North Sea and … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Investment, United Kingdom
Tagged Dajin Offshore, Danish North Sea, Denmark, Fred.Olsen Windcarrier, green electricity, GreenerTower, Hellenic Cables, HSM Offshore Energy, Jan De Nul Group, largest offshore wind farm, Lemvig, MT Højgaard Danmark, Port of Esbjerg, RWE, Siemens Energy, Siemens Gamesa, suppliers, Sven Utermöhlen, Thor, wind farm, wind power, wind turbines, Wood Thilsted
(IN BRIEF) Nordic Investment Bank (NIB) has agreed on a DKK 1 billion (EUR 134.4 million) loan agreement with Energinet, the Danish transmission system operator, to install 10 new substations and refurbish or upgrade 45 existing ones in Denmark between … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged André Küüsvek, Denmark, Energinet, Nordic Investment Bank, power grid, Torben Thyregod
(IN BRIEF) Crédit Agricole CIB, a global financial services company, has announced the opening of a new branch in Copenhagen, Denmark, as part of its strategic plan to strengthen its position in Europe and expand into new markets. With an … Read the full press release
Posted in Banks, Denmark, Financial, France, Management
Tagged appointment, Blake Wright, Copenhagen, Crédit Agricole CIB, CSR, Denmark, Frédéric Beaujean, Sustainable Finance
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
