Execs: wake up and smell the competition

Sep 5, 2013

Danish executives working abroad say the government needs to do redouble its efforts to improve competitiveness in order to meet the challenges posed by emerging economies. '

The executives said that neither the public nor lawmakers were aware of the seriousness of the challenge.

Despite their support for the Danish welfare state, the executives felt too little was being done for businesses.

Some companies, such as kitchenware producer Bodum, said that even though it planned to move some manufacturing back to Europe, it was not considering returning to Denmark.

“In Denmark wages are too high,” Jørgen Bodum, the company’s managing director, said.

Børsen

SEE RELATED: Profit over patriotism

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