News round up

Sydbank signs 3 billion DKK financing deal with EIB

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Sydbank has entered into an agreement with the European Investment Bank (EIB) to provide 3 billion DKK in financing for larger Danish companies. This Linked Risk Sharing arrangement, a first in Denmark, allows EIB to guarantee up to 50% of each loan, enabling Sydbank to expand its lending capacity.The financing is aimed at companies with […]

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  • News round up

    Brit Sanjay Shah gets maximum sentence for billion-dollar fraud against the Danish state

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    The Copenhagen Post

    54-year-old Brit Sanjay Shah was sentenced to 12 years in prison on Thursday for the largest fraud to date against the Danish state.In addition to the prison sentence, Shah was expelled from Denmark and denied the right to engage in business management.Further, an amount of more than seven billion DKK was confiscated from Mr. Shah, […]

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  • News round up

    Demonstrations disrupt morning traffic in Copenhagen

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    Several key traffic routes in central Copenhagen were blocked by demonstrators this morning. Long queues formed on Ågade towards the lakes at the intersection of Falkoner Allé and Jagtvej, with traffic backed up further on Åboulevarden. Additionally, a demonstration took place at the intersection of H.C. Andersens Boulevard and Tietgensgade.

    Police are present at both locations and managing the situation. The protests caused significant delays during the morning rush hour, and authorities are urging commuters to find alternative routes.

    For information about the traffic, you can visit DR Trafik.

  • News round up

    Sydbank signs 3 billion DKK financing deal with EIB

    ·

    Sydbank has entered into an agreement with the European Investment Bank (EIB) to provide 3 billion DKK in financing for larger Danish companies. This Linked Risk Sharing arrangement, a first in Denmark, allows EIB to guarantee up to 50% of each loan, enabling Sydbank to expand its lending capacity.The financing is aimed at companies with […]

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  • News round up

    These are the days when Danes travel the most by train

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    In 2024, Denmark’s S-trains set new records, with November emerging as the busiest month of the year. The highest single-day ridership was recorded on Friday, November 29, with 451,704 passengers. This remarkable day combined Black Friday shopping, Christmas parties, and a soccer match between Brøndby and AaB. It marked the busiest day for S-trains in […]

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  • News round up

    Municipal plan unanimously approved: 40,000 new homes in 12 years

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    Christoffer Friis Christensen

    The new municipal plan has been unanimously approved by Copenhagen’s City Council, setting the course for the city’s development over the next 12 years. The plan aims to address housing shortages, rising costs, and the need for sustainable growth as the capital’s population is expected to exceed 750,000 by 2050.The plan outlines the construction of […]

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  • News round up

    Aarhus will address parking accessibility for residents with disabilities

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    Aarhus will address the issue of mobility and inclusivity for its residents with disabilities. As part of the Rapid Applications for Transport (RAPTOR) programme, the city has identified a critical challenge: the lack of real-time data and effective management of accessible parking spaces in its urban center.Accessible parking is important for ensuring that people with […]

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  • News round up

    Copenhagen University has a new rector

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    Copenhagen University has appointed a new rector, DR reports. The university’s board has unanimously selected David Dreyer Lassen, a professor, economist, and current pro-rector, to lead the institution.Lassen will take office in March next year, succeeding Henrik C. Wegener, who has served as rector since 2017. “KU (Copenhagen University) must be a leading university. This […]

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  • News round up

    25,000 SOSUs missing, says FOA

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    A severe shortage of social and healthcare workers (SOSU) could jeopardize welfare for Denmark’s growing elderly population, warns FOA, Denmark’s third-largest trade union, which primarily represents workers in municipalities and regions, along with private sector employees.According to FOA, nearly 25,000 additional SOSU employees will be needed by 2034 to maintain the current level of care […]

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  • News round up

    Electricity prices to hit record high Thursday

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    Electricity prices are set to reach an all-time high in Denmark on Thursday, December 12, according to Norlys, the country’s largest integrated energy and telecommunications group. Between 5–6 PM, the base electricity price will spike to 6.98 DKK/kWh, marking the highest level in years and exceeding the most expensive hours during the 2022 energy crisis.“While […]

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  • News round up

    House prices rise across Denmark

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    New data from Boligsiden’s Market Index reveals a steady rise in house and condominium prices across Denmark in 2024, driven by falling interest rates and a stable economic climate.From November 2023 to November 2024, the average sale price for houses, including townhouses, increased by 5%, reaching 17,671 DKK per square meter. All regions experienced growth, […]

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  • News round up

    Heavy traffic expected on December 26th

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    The Danish Road Directorate predicts this year’s Christmas traffic will spread over several days, but travelers are still advised to avoid peak hours to minimize delays. December 26th, in particular, is expected to see significant congestion.With Christmas Eve falling on a Tuesday, the typical pre-Christmas traffic rush on December 23rd may be distributed over a […]

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  • News round up

    Mette Frederiksen among world’s most powerful women

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    Prime Minister Mette Frederiksen has been named one of the world’s most powerful women in 2023, according to Forbes. She is the only Dane on the prestigious list, which ranks 100 influential women across politics, business, and entertainment.Frederiksen ranks 78th this year, a slight drop from her 72nd position in 2022. Among women in politics, […]

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  • News round up

    Børsen set to reopen by late 2025

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    The Stock Exchange, severely damaged by fire in April 2023, is on track for a partial reopening by the end of 2025. Dansk Erhverv has announced plans to return to the iconic Slotsholmen location, although only specific sections of the building will be ready by that time. Danish newspaper Berlingske reports it.The fire, which occurred […]

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  • News round up

    Greenland’s new initiatives motivate sex offenders to seek treatment

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    In an effort to combat sexual offenses, Greenland has introduced initiatives encouraging convicted sex offenders to voluntarily participate in sexological treatment. Since 2022, more than 70% of eligible offenders have agreed to treatment.The program, referred to as “Inussuk,” meaning “guidepost,” is designed to reduce sexual offenses, particularly against children. It includes group therapy and individual […]

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  • News round up

    Teenager stabbed at Horsens school

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    A 15-year-old student was stabbed at Bankagerskolen in Horsens (Jutland) on Tuesday afternoon, a primary school, leaving the local community shaken. The episode occurred in the hallway of the school, where the teenager was attacked by two boys, aged 15 and 16. The victim sustained stab wounds to both shoulders and his left elbow, and […]

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  • News round up

    October added to expectations of a record year for tourism in Denmark

    ·

    The Copenhagen Post

    October set a record for overnight stays – 3.3 million internationals slept in a Danish bed, Turisme.nu reports.This number has never been higher, and Tourism Minister Morten Dahlin is enthused.“Tourism creates growth and jobs throughout the country, and positive progress must continue. Time and again, Danish tourism shows strong results, and this is no exception,” […]

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  • News round up

    Smålandshavet may become Denmark’s next and largest national park

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    The Copenhagen Post

    The waters between Sjælland, Lolland, Falster and Møn, also called Smålandshavet, may become Denmark’s sixth national park.A broad political majority has agreed to initiate a preliminary study to assess whether the area is suitable for becoming a new national park.A preliminary study consists of a review of natural areas and cultural history, a landscape analysis […]

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  • News round up

    Grocery prices are skyrocketing

    ·

    The Copenhagen Post

    If you think that grocery prices have gone up, no wonder.  New figures from Danmarks Statistik show that prices on daily necessities such as flour, groats, breakfast cereals and pasta rose significantly in November, according to Jyllands-Posten.Over the past year, food prices have risen by 3.9 percent. Since January 2022, when inflation hit, the price […]

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  • News round up

    Ikea criticized for greenwashing in new documentary

    ·

    The Copenhagen Post

    Green forests all around, old tree trunks with new, sprouting plants and insects crawling around the forest floor. This is how Ikea markets itself in advertising videos, where they explain why they ‘love wood’. Words like ‘sustainable’, ‘responsible forestry’ and ‘minimum environmental impact’ are spoken.This portrayal has experts criticizing the furniture giant for potential greenwashing […]

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  • News round up

    Kalundborg Municipality introduces four-day workweek

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    Kalundborg Municipality will implement a four-day workweek for its administrative staff starting January 1, 2025. According to DR, the change means the municipality’s main phone line will only be open from Monday to Thursday.Municipal director Jan Lysgaard explained the reason behind the decision to the Danish state television: “Like other municipalities and companies, we are […]

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  • News round up

    Over 600,000 adult Danes struggle with basic reading and arithmetic skills

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    A recent study reveals that over 600,000 adult Danes can only read short and simple paragraphs and have poor skills in both arithmetic and reading. The findings, part of the PIAAC study (Programme for the International Assessment of Adult Competencies), show that nearly one in five Danes faces these challenges. The study evaluates adults’ basic […]

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  • News round up

    Danish man arrested for alleged support of far-right terrorist group

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    A man has been arrested in Denmark on charges of supporting an international far-right extremist terrorist organization. The arrest follows a prolonged investigation by the Danish Security and Intelligence Service (PET).The man is scheduled to appear at a preliminary hearing in Glostrup Court at 13:15 on Tuesday, where the prosecutor will request that the session […]

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  • News round up

    Nykredit to acquire Spar Nord in deal worth DKK 24.7 Billion

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    Nykredit has announced plans to acquire Spar Nord Bank in a deal valued at DKK 24.7 billion.The acquisition would make Nykredit Denmark’s third-largest bank. Currently, Nykredit holds a 19.6% stake in Spar Nord, and the deal has already secured support from major stakeholders, including the Spar Nord Foundation, which owns over 20% of the bank. […]

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  • News round up

    DSB introduces new feature for teen travelers

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    DSB has launched a new feature in its app, DSB Familie, aimed at making train and public transport travel more accessible for young people. With the update, children aged 12 to 17 can now use the app’s Check-in feature to board trains, buses, metro, and light rail – making travel easier across Denmark’s public transport […]

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  • News round up

    Train schedule changes across Denmark starting December 15

    ·

    Starting December 15, significant changes will take effect in train travel across the country, impacting InterCity, regional trains, and S-trains. These changes will include new timetables, alterations to journey durations, adjustments to departure and arrival times, and variations in the number of trains during rush hours.

    The changes will affect trains traveling to, from, and through Copenhagen and its metropolitan area, the airport, Aarhus, Aalborg, Odense, Hamburg, Fredericia, Esbjerg, Køge, Roskilde, Helsingør, Kalundborg, Holbæk, and Næstved.

    It’s recommended to review the numerous changes on the DSB website to determine if any will affect you.

  • News round up

    Danish fashion brand declared bankruptcy

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    (Di)vision, the Danish fashion brand known for its sustainable designs, has declared bankruptcy, according to the fashionforum.dk. The news was first reported by the fashion media and has since been picked up by other Danish media outlets. It was founded in 2018 by Simon and Nanna Wick.Despite receiving appreciation in Denmark, (di)vision struggled to expand […]

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  • News round up

    Discovery+ is shutting down in Denmark today

    ·

    The streaming service Discovery+ is shutting down in Denmark today. Earlier this year, Discovery+ merged with Max, formerly known as HBO Max.

    The closure of Discovery+ has been known for some time, and all subscriptions will automatically expire today. Moving forward, users will need to switch to Max if they want access to Discovery+’s sports content.

  • News round up

    Fighter Jets in the Sky: don’t worry, it’s a Christmas tradition

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    If you spot a large formation of fighter jets flying over Copenhagen today don’t be alarmed—it’s part of a festive military tradition. A joint formation of up to 12 Swedish Gripen fighter jets and three Danish jets will fly over the city and along the Danish side of the Øresund.The formation, which will take the […]

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  • News round up

    Several Danish municipal websites offline due to a cyberattack

    ·

    On Monday morning, numerous citizens were unable to access their local municipality websites, as several of them experienced outages. According to Avisen Danmark, websites from various municipalities, including Vejle, Albertslund, Dragør, Esbjerg, Frederiksberg, Frederikshavn, Greve, Guldborgsund, Haderslev, Hedensted, Horsens, Ikast-Brande, Mariagerfjord, Morsø, Næstved, Aabenraa, and Aarhus, were all reported down.Vejle Municipality confirmed via a Facebook […]

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  • News round up

    Denmark faces shortage of 2,000 medical specialists, warns Lægeforeningen

    ·

    Denmark’s healthcare system is currently facing a shortage of 2,000 medical specialists, according to new calculations from the Lægeforeningen (Danish Medical Association). This gap includes a range of specialties, from rheumatology and dementia to psychiatry and cancer care, affecting both hospitals and private practices.The shortage of specialists has long been a growing concern, but these […]

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  • News round up

    Party bus inspections reveal serious safety issues

    ·

    Recent inspections of party buses in Copenhagen have revealed widespread safety violations, according to a report from Midt- og Vestsjællands Politi. Over two weekends, 14 buses were inspected, resulting in 12 being sent for re-inspection and one banned from the road immediately.The inspections, conducted in collaboration with the Danish Road Traffic Authority, highlighted significant defects. […]

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  • News round up

    One in three in Denmark holds a mortage

    ·

    New data from the Nationalbank reveals that by the end of the third quarter of 2024, 1,648,664 private customers in Denmark had one or more mortgage loans. This figure represents about one in three inhabitants over the age of 18.The report shows that 69% of private mortgage holders have loans with repayments, while the remaining […]

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  • News round up

    Housing market sees strong end to 2024

    ·

    The Danish housing market is wrapping up 2024 with impressive results, as more buyers are entering the market and prices continue to rise, according to a report from Home (one of the biggest real estate agencies in Denmark), that analyzed Danske Bank data. This year’s total home sales have already surpassed 2023 levels, despite challenges […]

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  • News round up

    Denmark’s green ambitions take a serious hit

    ·

    The Copenhagen Post

    On Thursday, the deadline expired for bidding for the three offshore wind farms put up for bid in the North Sea off Jutland. The Danish government must accept that no companies have submitted bids for the three parks on offer.It is a major setback for the government’s green plans and for Denmark’s ambitions to become […]

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  • News round up

    Denmark to tighten rules on deporting criminal foreigners

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    The Danish government has announced plans to tighten deportation rules, aiming to expel more foreign nationals convicted of crimes. The proposal involves abolishing the current “ladder system,” which makes it harder to deport foreigners who have lived in Denmark for a longer time. Instead, any foreigner sentenced to an unconditional prison term could face deportation, […]

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  • News round up

    Ukrainian women are more often employed than other female refugees

    ·

    The Copenhagen Post

    Many more Ukrainian women in Denmark are employed, compared to women who have fled from other countries, according to an analysis from the Rockwool Foundation.50 percent of the women who have fled from Ukraine to Denmark are employed. The same applies to 15 percent of the women who have fled from other countries.Research professor at […]

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  • News round up

    Bomb threat leads to evacuation of Randers Storcenter

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    and

    Randers Storcenter was evacuated around midday on Thursday after staff found a written bomb threat. The police received the report at 11:49 AM. East Jutland Police confirmed the incident, and authorities are now investigating the threat to ensure the safety of the public.

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  • News round up

    Danish female footballers will receive minimum wage from 2025

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    Starting in 2025, female football players in Denmark will benefit from improved salaries and working conditions, thanks to a new agreement between the Women’s Football Association (Kvindedivisionsforeningen) and the Players’ Union (Spillerforeningen). The agreement, which has been approved by the Danish Football Union (DBU), ensures that players in Denmark’s women’s football league will receive a […]

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  • News round up

    Victims of crime face long waits for compensation

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    December 5, 2024 – Victims of crimes in Denmark are experiencing unreasonably long delays in receiving compensation, according to a recent investigation by the Ombudsman. The Compensation Board (Erstatningsnævnet), which processes claims for victims of crime, is facing significant backlogs, with processing times often extending up to 24 months, according to data from the Civil […]

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  • News round up

    Teenager throws acid bomb near church in Holbæk

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    Police responded to an unusual incident on Wednesday afternoon when reports emerged of a so-called “acid bomb” near a church building in Holbæk. The site was being used for confirmation preparation classes at the time.The incident, reported by Mid and West Zealand Police in their latest incident log, involved a 13-year-old boy who threw a […]

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  • News round up

    Historic state visit: Egypt’s president meets Danish Prime Minister

    ·

    For the first time in history, an Egyptian president is making a state visit to Denmark. President Abdel Fattah Al-Sisi will arrive in Denmark tomorrow, and meet with Danish Prime Minister Mette Frederiksen on Saturday, December 7, at Marienborg. The agenda includes key discussions on security policy, migration, and the green transition.“I am pleased to […]

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  • News round up

    Denmark faces unexpected decline in birth rates

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    Contrary to expectations, Denmark is seeing a drop in birth rates this year compared to 2023, according to figures reported by Politiken from Statistics Denmark.As of September 2024, 43,110 live births were recorded, over 500 fewer than during the same period last year. This decline comes despite earlier projections of a modest increase.In June, Statistics […]

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  • News round up

    One more Social Democratic mayor quits before next year’s election

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    The Copenhagen Post

    The Social Democrats are doing poorly in opinion polls nationwide. Earlier this year, Social Democratic mayors such as Sophie Hæstorp Andersen (Copenhagen), Jacob Bundsgaard (Aarhus) and Birgit S. Hansen (Frederikshavn) were among the mayors who quit before their terms of office expire next year.Aarhus mayor Jacob Bundsgaard resignsNow another big political name is announcing his […]

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  • News round up

    Citizen had to explain “Danish values” to get citizenship

    ·

    The Copenhagen Post

    A historic event unfolded in Folketinget on Tuesday.A man (Danish media are not giving his name, Ed.) had to be interviewed by the Danish Parliament’s Citizenship Committee, the first citizenship applicant in recent times. This is the political committee in Denmark that awards Danish citizenship.The man was interviewed by the committee because he has publicly […]

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  • News round up

    Danish Crown Jewels altered for the first time in 180 Years

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    For the first time since the early 1840s, Denmark’s crown jewels have been altered. The Danish Royal House announced the change, which allows the largest gemstones in the Rose-Cut Set to be worn as a diadem.The redesign was a collaboration between Queen Mary, The Royal Danish Collection, and goldsmith Matias Hasbo Dinesen. The gemstones in […]

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  • News round up

    The Copenhagen Post is now available at the Airport

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    The Copenhagen Post magazine is now available at Copenhagen Airport.

    The new issue of the magazine of The Copenhagen Post was published Friday. For the first time, besides its point of distribution, it will be present also in the place that more than others connects internationals to Denmark: the airport.

    You can find the magazine in two lounges areas: the Aviator Lounge and the Eventyr Lounge.

  • News round up

    Thousands of people automatically enrolled in tax loans unless they opt out

    ·

    According to TV2, 700,000 Danish homeowners are set to receive a new loan from the tax authorities unless they actively opt out by December 31. The loans, referred to as supplementary loans, are tied to property tax rebates issued under the new housing tax rules.The Valuation Agency implemented the loans to prevent homeowners from being […]

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  • News round up

    FC København leads before long winter break; Elyounoussi is player of the autumn

    ·

    More than a 2-month break for the Danish Superliga. Yesterday was the last match before the long winter break. FC København won 3-1 against Nordsjælland, and now they are first in the standings, with the same points as Midtjylland (33). Due to the cold winter, the break in the Danish championship is much longer than […]

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  • News round up

    Berlingske sold to a Norwegian media group

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    Amedia, Norway’s largest publisher of editor-driven media, has acquired Berlingske Media. Amedia is a foundation-owned, politically independent media group, and views this purchase as a strategic move to strengthen its position in the Nordic media market.Berlingske Media owns several well-known media outlets with a long history. Among its assets are the daily newspaper Berlingske, the […]

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  • News round up

    Another cable break in the Nordics

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    A break in an internet cable connecting Sweden and Finland has been confirmed by Swedish and Finnish authorities. The damage, discovered early Tuesday morning, occurred on land in Finland, according to Sweden’s Radio news service Ekot.Finnish police have identified two separate breaks in the line. GlobalConnect, the company operating the infrastructure, reported the incidents on […]

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