More international investment in Denmark – The Post

More international investment in Denmark

After some slow years, business is picking up

More containers heading to Danish shores (photo: Pixabay)
October 24th, 2016 11:48 am| by Christian W
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According to new figures from the National Bank, 2015 saw an increase in international investment in Denmark for the second year in a row.

There has been a lull in foreign investment in Denmark in recent years, but foreign investments in Denmark increased by 29 billion kroner to 684 billion kroner overall last year.

“We’ve had a period where we have struggled to attract international companies,” said Kent Damgaard, the deputy head of the confederation of Danish industry, Dansk Industri.

“The foreign companies reduced their investments several years on the trot – something that fortunately looks to have stopped. It’s a good sign and reflects that the politicians have focused on bettering the conditions for the business sector in recent years.”

READ MORE: Danish exports to Britain tumbling after Brexit

Danish exports up
Damgaard went on to contend it was important because the international companies bring a wealth of knowledge along with their business – which in turn increases productivity across the board.

Danish investment abroad continued its upward trajectory by 79 billion kroner to 1.163 trillion kroner in 2015.