Centre for Nordic Business Studies

We recently visited the Carlsberg HQ in Copenhagen to find out more about the company and its sustainability efforts. A big thank you to Vice-President Simon Boas Hoffmeyer, Global Head of Sustainability & ESG for hosting us.

Western Sweden is Sweden's industrial engine, but the expansion of electricity production and transmission capacity must be implemented immediately. This is written by Johan Trouvé, CEO of the West Swedish Chamber of Commerce.

”Industrin är grunden för Sveriges välstånd” Västsverige är Sveriges industrimotor, men utbyggnaden av elproduktionen och överföringskapaciteten måste genomföras omgående. Det skriver Johan Trouvé, vd på Västsvenska Handelskammaren.

Sweden is being pulled apart when the gap in the labor market between foreign-born and Swedish-born grows, experts warn. Today, one person in Sweden supports two other people of working age.

Här är grupperna som inte är självförsörjande – ”Sverige slits sönder” Sverige dras isär när när gapet på arbetsmarknaden mellan utrikes födda och svenskfödda växer, varnar experter. Idag försörjer en person i Sverige två andra personer i arbetsför ålder. ”Sverige behöver upprätta en självförsörjningslinje för då kan vi börja prata om problemen”...

Finnish consumers are spending less than their Nordic counterparts, says Nordea CONSUMER SPENDING cooled down across the Nordics in June, indicate card payment statistics compiled by Nordea and reported by Helsingin Sanomat. Finland recorded the most dramatic decline both in terms of the nominal value and inflation-adjusted value of card payments, with both falling by roughly f...

Finland’s economic turnaround is delayed, probably not cancelled, economist tells YLE THE EMPLOYMENT SITUATION in Finland has eroded over the past year, reports YLE. The Ministry of Economic Affairs and Employment has revealed that the number of unemployed job seekers stood at 293,300 at the end of June, marking an increase of nearly 29,000 from the previous year and one of 27,000 fr...

Leading Finnish scaleups show resilience amid economic turbulence An analysis by the Finnish daily Helsingin Sanomat shows that leading Finnish scaleups grew and increased their bottom line despite the economic turbulence of 2023.

https://www.atnorth.com/insights/atnorth-announces-mega-campus-in-denmark

atNorth announces mega campus in Denmark - atNorth atNorth announces heat reuse enabled mega data center in DenmarkWith an initial capacity of 250MW the site will have a path to power of several hundred MW, implementing heat reuse to heat large scale greenhouses, local housing and opportunities for sustainable power production.atNorth, the leading ...

https://www.tn.se/ekonomi/38749/har-finns-det-svenska-guldet/

Här finns det svenska guldet Med öppningen av Fäbodtjärn har Sverige fått sin 13:e gruva i drift.

Vattenfall pausar stor vindkraftpark Den statliga energikoncernen Vattenfall pausar utvecklingen av det havsbaserade vindkraftprojektet Svenska Kriegers Flak.

Nordic transport ministers sign declaration on electric aviation The declaration was signed during the Nordic transport minister’s meeting in Gothenburg 14. August. The Nordic Network for Electric Aviation (NEA) took part in the meeting and presented results and recommendations from the Nordic policy tour.

PRESS RELEASE: Preparations for a Nordic AI Center are underway Stakeholders from Sweden, Norway, Finland, and Denmark are now laying the foundation for a Nordic AI Center focused on the responsible development and use of AI. The initiative is co-financed by Nordic Innovation.

YLE: Finland on track to fall short with effort to reduce plastic bag use FINLAND is on track to fall short on yet another environmental target set by the EU, reports YLE. The country is expected to reduce the annual consumption of plastic bags to no more than 40 bags per capita by the end of 2025. With Finns consuming an average of 55 bags in 2022, though, the target see...

Danish toy giant LEGO's universe expands with new sets, stores, video games and record profits - The Copenhagen Post Danish LEGO Group reported strong half-year results in its latest earnings report on Wednesday, with double digit growth on its top and bottom lines compared with 2023, and an increasing market share as new digital products and physical toy sets capture consumers’ imaginations. In the first six mo...

Labour markets without borders: Greater Copenhagen’s vision for the future - Cogito COGITO In celebration of the 25th birthday of the Øresund Bridge, Greater Copenhagen solidifies its status as a leading cross-border region, showing significant economic growth and plans for further integration.Continue reading

Nokia and Axiom Space team up for 4G-power lunar spacesuits Nokia and Axiom Space are partnering to integrate 4G/LTE connectivity into spacesuits for NASA’s Artemis 3 lunar mission.

http://www.nordiclabourjournal.org/artikler/editorials-2018/editorials-2024/article.2024-06-20.0703322829

The Nordic labour market turns 70 – but is it being fully explored? — Nordic Labour Journal Being able to work in a neighbouring Nordic country without applying for a work or residency permit is a given for Nordic citizens. But why do we no longer do it?

It may sound like a dream to some, but may be an expensive experiment for others. That's what Trifa Chireh, pension economist at Länsförsäkringar, says about the Social Democrats' proposal for a generally reduced working time from 40 to 35 hours a week with a maintained salary.
Centre for Nordic Business StudiesCentre for Nordic Business Studies

Beräkning: Pensionssmäll hotar vid kortare arbetstid – så drabbas du och staten Väldigt många kan bli bidragsmottagare, varnar pensionsekonomen Trifa Chireh efter att ha räknat på olika utfall av kortare arbetstid. Både individerna och staten riskerar att drabbas av stora dolda kostnader. ”Det kommer att behöva skäras i välfärdstjänster”, säger hon till TN.

The Arcadis Sustainable Cities Index 2024 The Sustainable Cities Index helps cities assess their ranking in striving to meet the Sustainable Development Goals over the next 2,000 days.

LEGO to expand with large new office in central Copenhagen - The Copenhagen Post The Danish toy manufacturer LEGO will open a large new office complex in central Copenhagen in 2027, the company said in a press release on Tuesday. The offices will be in a nine-storey high, 30,000 square-meter property called called ‘The Stamp’ currently under development in Postbyen near Cope...

Temu ahead of Amazon as Danes’ choice for online shopping Chinese webshop Temu is not only more popular than Amazon among Danish customers, but is also now better-known in Denmark than the US online retail giant, a new survey has found.

"THE IMAGE of Finland has taken a beating in the eyes of international talent over the last year, indicates Expat Insider, an annual study of how expats feel about their country of residence conducted by Internations."
Centre for Nordic Business StudiesCentre for Nordic Business Studies

Finland comes in third to last in expat experience study THE IMAGE of Finland has taken a beating in the eyes of international talent over the last year, indicates Expat Insider, an annual study of how expats feel about their country of residence conducted by Internations. The country saw its ranking collapse from 16th to 51st, ahead of only Turkey and Ku...

"THE ERA of globalisation has been superseded an era of geopolitics, where change is driven not by businesses but the policy measures of great powers and where the world is diving into blocs that compete against one another with geoeconomic measures, analyses Etla Economic Research."
Centre for Nordic Business StudiesCentre for Nordic Business Studies

Etla: Finland has no choice to adapt as geopolitics replaces globalisation THE ERA of globalisation has been superseded an era of geopolitics, where change is driven not by businesses but the policy measures of great powers and where the world is diving into blocs that compete against one another with geoeconomic measures, analyses Etla Economic Research. Geopolitics refer...

Norway's government announces plans for tourist tax and guide certification Norway's government has long promised a tourist tax, and the country's industry minister, Cecilie Myrseth, said Thursday that a proposal for its introduction would be tabled in the autumn.

Lapland Original Lager, a lager brewed with a decades-old recipe by Tornion Panimo, was named the best international lager at the World Beer Awards in the UK.
Centre for Nordic Business StudiesCentre for Nordic Business Studies

Finnish lager wows judges at World Beer Awards Tornion Panimo’s Lapland Original Lager was named the best international lager at the prestigious beer industry event in the UK on 8 August.

Interesting NY Times article on
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Can This Country Show Europe How to Compete Again? (Gift Article) Sweden outperforms in tech, has a roster of $1 billion-plus start-ups and could be a model as the European Union refigures its growth policies.

"Prime Minister Mette Frederiksen says she wants to reconsider a longstanding agreement by which Denmark’s retirement age has been raised and will be further raised in future."
Centre for Nordic Business StudiesCentre for Nordic Business Studies

Danish PM wants to rethink planned changes to retirement age Prime Minister Mette Frederiksen says she wants to reconsider a longstanding agreement by which Denmark’s retirement age has been raised and will be further raised in future.

In the new 2024 European Scoreboard, the again come up tops in the list of EU-countries with and taking the top-3 positions. In the wider European ranking Switzerland is number 1 and number 7.
Centre for Nordic Business Studies

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"Danish pharmaceutical giant Novo Nordisk, maker of the blockbuster diabetes and weight-loss drugs Ozempic and Wegovy, posted Wednesday a slight increase in net profit for the second quarter."
Centre for Nordic Business Studies

Danish weight-loss drug maker Novo Nordisk posts slight profit rise Danish pharmaceutical giant Novo Nordisk, maker of the blockbuster diabetes and weight-loss drugs Ozempic and Wegovy, posted Wednesday a slight increase in net profit for the second quarter.

"Danish shipping giant Maersk posted Wednesday a 45-percent fall in net profit in the second quarter, as supply chain disruptions due to the Red Sea crisis led to higher operating costs."
Centre for Nordic Business Studies

Denmark's Maersk sees profits slide due to Red Sea struggles Danish shipping giant Maersk posted Wednesday a 45-percent fall in net profit in the second quarter, as supply chain disruptions due to the Red Sea crisis led to higher operating costs.

Research by Eurostat shows that the are actually quite high up in the list of ice cream consumers with and in the top-10. An opportunity for exporters in this industry?

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