Tag Archives: Denmark

NIB Invests €10 Million in Spar Nord Bank’s Green MREL-Eligible Bond to Boost Danish SME Financing

(IN BRIEF) The Nordic Investment Bank (NIB) has invested €10 million in a €250 million, 6-year Green MREL-eligible bond issued by Denmark’s Spar Nord Bank. This bond helps the bank meet EU regulatory requirements for loss absorption and capital recovery … Read the full press release

EU-Backed Partnership Unlocks Millions in Loans for Danish Creative and Cultural Sectors

(IN BRIEF) A new partnership between the European Investment Fund (EIF) and the Export and Investment Fund of Denmark (EIFO), backed by the EU’s InvestEU program, will provide DKK 300 million in loans to Danish businesses within the creative and … Read the full press release

SolarLab Secures EUR 1.6 Million Nefco Loan to Boost Production and Expand in the U.S.

(IN BRIEF) SolarLab, a Danish company specializing in solar facades for buildings, has secured a EUR 1.6 million loan from Nefco to increase production and expand into the U.S. market. The funds will be used to relocate all production to … Read the full press release

Modern Design and Sustainability Elevate Patient Care at Helsingør Sundhedshus with Lindner RIBline Cladding

(IN BRIEF) The Helsingør Sundhedshus health center in Denmark, part of Nordsjællands Hospital, has embraced modern design and sustainability with the installation of 2,500 m² of Lindner RIBline lamella wall and ceiling cladding. This enhances patient wellbeing by creating a … Read the full press release

Deutsche Bahn Sells DB Schenker to DSV in €14.8 Billion Deal

(IN BRIEF) Deutsche Bahn has agreed to sell its logistics subsidiary, DB Schenker, to Danish company DSV for €14.8 billion. The deal, expected to complete in 2025, will help Deutsche Bahn focus on its core rail business and reduce debt, … Read the full press release

MATR Foods Secures €20 Million EIB Loan to Boost Plant-Based Meat Production

(IN BRIEF) Danish foodtech start-up MATR Foods has received a €20 million loan from the European Investment Bank (EIB) to expand its production of plant-based meat alternatives. Backed by the European Commission’s InvestEU initiative, the funding will help MATR build … Read the full press release

Beyond Leather Materials and Covestro Partner to Develop Sustainable Leather Alternative from Apple Waste

(IN BRIEF) Beyond Leather Materials has partnered with Covestro to develop LEAP®, a sustainable leather alternative made from over 85% bio-based materials, primarily apple waste. Covestro’s INSQIN® technology provides a durable, premium coating for LEAP®, offering a low-VOC, eco-friendly solution. … Read the full press release

Innovative Collaboration: Nagarro and Topsoe Enhance SAP and Salesforce Solutions

(IN BRIEF) Topsoe, a leader in carbon emission reduction technologies, has celebrated a successful year-long partnership with Nagarro, a digital engineering and technology solutions provider. Nagarro has delivered exceptional support for Topsoe’s SAP applications and Salesforce services, enhancing the scalability … Read the full press release

Sanofi’s Tolebrutinib Shows Breakthrough Potential in Slowing Disability Progression for Multiple Sclerosis Patients

(IN BRIEF) Sanofi’s phase 3 study for its drug tolebrutinib has shown promising results in treating non-relapsing secondary progressive multiple sclerosis (nrSPMS), a condition with no current approved therapies. The HERCULES study revealed that tolebrutinib successfully delayed disability progression in … Read the full press release

Synology Expands Nordic Presence Through Strategic Partnership with Gandalf Distribution AB

(IN BRIEF) Synology has partnered with Gandalf Distribution AB to expand its reach across the Nordic region, including Denmark, Sweden, Norway, Finland, and Iceland. This collaboration will improve the availability and support of Synology’s advanced data management solutions, leveraging Gandalf … Read the full press release

Vestas Wins 114 MW Wind Turbine Contract for Germany’s Ahlum-Dettum Project

(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

EIB Funds €1.2 Billion for Denmark’s Largest Wind Farm to Power Over a Million Homes

(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

Nordex Group Surpasses 5 GW Milestone in Nordic Region with Kalistanneva Wind Farm Installation

(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

Skanska Sells Hørkær Have Project in Denmark to NREP for DKK 737M

(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

Globalization Trends: DHL Study Spotlights EU’s Rising International Influence

(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

Alumichem and Kuehne+Nagel Renew Partnership to Deliver Clean Water in Ghana

(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

Siemens Energy and Energinet Forge EUR 1.4 Billion Pact to Revamp Denmark’s Energy Grid

(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

EU Blue Champions Program Unveils Top Ocean Innovators, Promotes Sustainable Growth

(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

Alfa Laval Joins Consortium to Inaugurate World’s First Molten Salt Thermal Energy Storage System

(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

Novo Nordisk Acquires Cardior Pharmaceuticals in Billion-Euro Deal, Pioneering RNA Therapies for Heart Diseases

(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