News round up

  • News round up

    Randers to reject State loan for landslide recovery

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    Randers Municipality is facing a large bill for the cleanup and rebuilding after a landslide in Ølst, with costs nearing 300 million kroner. The state has offered a loan of 270 million kroner to help cover the expenses, but local politicians are likely to reject it. TV reports it. Many members of the city council, […]

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  • News round up

    New firework rules

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    New firework regulations in Denmark aim to tighten control over sales and usage. Fireworks can now only be sold between December 15 and December 31, and private individuals may only set them off on December 31 and January 1. DR reports it. The changes, introduced as part of the government’s legislative program, come with increased […]

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  • News round up

    Danes set new spending record in December 2023 retail

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    Danes spent a record 38.5 billion DKK in retail during December 2023, marking a 3.2% increase compared to the previous year, according to Statistics Denmark. The holiday season, traditionally the peak for consumer spending, saw bookstores, toy stores, and kitchenware shops experiencing particularly high demand. December accounted for 9.7% of the year’s total retail turnover, […]

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  • News round up

    Go ahead to Novo Nordisk’s giant acquisition

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    The Copenhagen Post

    Novo Holdings has received the green light for its giant acquisition of the American pharmaceutical manufacturer Catalent, Ritzau reports.According to a stock exchange announcement, all regulatory conditions for the completion of the acquisition have now been met, which includes approval in the EU, by competition authorities and in the USA.“The parties are now free to […]

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  • News round up

    Fedtemøg is Danish word of the year

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    The Copenhagen Post

    Every year, the Danish Language Board selects the Danish word of the year. It typically reflects a person or an event that has influenced the lives of Danes in the past year.This year, the honor goes to “Fedtemøg”, DR writes.Besides being difficult to pronounce for an international, the meaning is also quite tricky.Fedtemøg is the […]

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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

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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

    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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