Business News in Brief: Good news for DFDS

Noma unseated from its number one position (photo: Antissimo)
August 28th, 2014 10:16 am| by admin
facebooktwittergoogle_pluspinterestmail

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.

Birthday gift: Queen Margarethe gets her own exhibtion (Photo: Danish Museum of National History)
Museums corner: Reign supreme: first the queen, then the tweens, next the machines
Margrethe II might have something to say about the line-up this month. For ...
Noma unseated from its number one position (photo: Antissimo)
World’s 50 Best Restaurants: Noma falls to third place
After spending four of the last five years in first place, Noma has droppe...
EADP have developed a spacecraft capable of deflecting an asteroid with very short warning time (photo: Urhixidur)
Armaged some funding! Danish NGO collecting funds for asteroid protection
The Danish NFGO, the Emergency Asteroid Defence Project (EADP), is currentl...
The pharoahe is ready to kill it with his rhymes (Photo: Krik Barvender)
Early-June music: In the hands of the pharoahe
Pharoahe Monch Wed 3 June, 22:00; Pumpehuset; 200kr Pharoahe Monch, a 42-...
More Copenhageners are ready to spend the big bucks on their holiday (photo: iStock)
Copenhageners travelling the most this summer
When it comes to forking out for a holiday somewhere, Copenhageners have th...
It might look like a bit of old rock, but it's a record breaker (official press photo)
World record-breaking piece of amber in Copenhagen
This week, House of Amber and Copenhagen Amber Museum are celebrating their...