Second builder collapses

Aug 27, 2013

Less than a month after analysts predicted the economy had seen the last of the big bankruptcies due to the current recession, the nation’s largest building firm, Pihl & Søn, has announced it will cease operations.

As many as 1,000 employees could lose their jobs. The firm had been responsible for some of the country’s most recognisable structures, and was leading renovation of Copenhagen’s Nørreport Station.

The company’s board said a rapid expansion abroad that saw it enter into low-profit, high risk contracts, proved fatal.

Banedanmark, the national railway infrastructure firm, said it expected construction at Nørreport Station to be completed as planned. Other projects Phil was involved in could experience significant delays and additional costs.

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Second builder collapses

New US Arctic security strategy co-opts Denmark as Russia deterrent

Anti-whaling activist and Greenpeace co-founder Paul Watson arrested in Greenland

Migratory birds bring dangerous ticks to Denmark

Planes grounded in CPH as worldwide IT outage hits airlines, media and banks

CrowdStrike director: IT outage issue “has been identifed”

Foreign labour contributes DKK 76 billion to Danish economy in three months

26 May: ‘Visit Carlsberg’ tour at Home of Carlsberg

28 April: ‘Meet the Danes’ guided tour at the National Museum

20 April: Run around Kastellet

19 April: A guided tour of Christiansborg

6 April: Run around Frederiksberg Have

How internationals can benefit from joining trade unions

Internationals in Denmark rarely join a trade union

Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

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