Business News in Brief: Good news for DFDS

August 28th, 2014 10:16 am| by admin

Good news for DFDS
Stringent sulfur regulations surrounding diesel fuel may cause some ferry operators to abandon some northern routes. DFDS boss Niels Smedegarrd said that his company is in a good position to take over those routes in 2015. DFDS increased its profit before tax by 133 percent in the second quarter of 2014.

Downsizing in the US
Maersk Oil is downsizing its workforce in Houston, Texas by over 25 percent. The company said that it will be focusing its efforts in other parts of the world. Eight employees will be transferred to Copenhagen, 54 will be laid off and the remaining 150 will be reassigned within the Houston office.

Vestas looking strong
Vestas posted a net profit of over 700 million kroner for the second quarter, compared to a loss for the same period last year. Vestas, which saw a 13 percent increase in operational revenues, has increased its forecast for the full year on the back of the results.

Nykredit solid
Nykredit has posted satisfactory results for the first half of the year. Core income from business operations improved by eight percent while costs have declined. The company has upwardly revised its full-year expectations. Home loans remain at the centre of Nykredit’s business.

Historic route could close
The Næssundfærgen ferry route between Thy and Mors in Jutland is losing money and could close. Affected locals suggested that the ferry could continue, but take a break in the summer when it operates at a loss. There has been a ferry service in the area for over 400 years.

These university lecture halls are getting bigger every year
The University of Christiansborg: How politicians are saying goodbye ballot box, hello boardroom
Politicians are getting younger and some have many working years ahead of t...
Higher education is also facing a shortfall (photo: iStock)
‘Tighter framework’ impairing schools
On September 29, the Venstre government presented its budget proposal for 2...
The cost of fuel accounts for up to 40 percent of the costs associated with running a fishing vessel (photo: iStock)
Danish government supporting fishing drone program
The Environment and Food Ministry is contributing 1.7 million kroner to a p...
Court: failings in delivery procedures (photo: iStock)
Danish fraud squad’s postal blunder costs prosecution in stock manipulation case
An administrative mistake by the fraud office, Statsadvokaten for Særlig ...
It was a good day for Danish swimming (photo: Dansk Svømmeunion)
Denmark to host 2017 European Swimming Championships
The European Swimming Federation (LEN) has announced today at its congress ...
A general suicide prevention program and special campaigns focusing on girls and older men are at issue (photo: iStock)
Danish government proposes more cuts to suicide prevention
The government has been attracting criticism since announcing at the end of...