Danish-Estonian Chamber of Commerce

Newsletter (week 36)September 5, 2011

DECC new logo

Danish-Estonian Chamber of Commerce

a non-profit organization established in 2007. The purpose of the organization is to support economic relations between Denmark and Estonia, facilitate networking and  keep the members up to date with relevant news.





- offering science-based cognitive training solutions.
  Rene Trading
 - offering printing solutions for both indoor and outdoor usage.
Ulrick Thamdrup
- a private member



Reminder: luncheon meeting

with Mr Andrus Ansip

already this week


Friday, September 9, 12:00-14:00

Ball Room of Swissotel Tallinn



For the 5th year in a row the September speaker at AmCham's ansipluncheon is the Prime Minister of Estonia, Mr Andrus Ansip. We are delighted to invite all our members to join this event together with the members of AmCham on Friday, September 9th, at 12:00-14:00 at the Ball Room of Swissotel Tallinn.


In his remarks the Prime Minister will address:

· Plans and Main Objectives of the Current Government for the Upcoming Years · How Can Estonia Sustain its Competitiveness? · Government plans to strengthen Estonian economy · Responses to your questions.


Cost: 25 EUR for members, 35 EUR for non-members Location: Swissôtel Tallinn, Ball Room1 Time: Registration and Networking at 11:30 am, seating at 12:00 pm


Please register for the event at http://www.amcham.ee/?id=102958  NB In order to receive the chamber member discount, please state "DECC member" after your company name.






Saturday, September 17, 15:00-18:00

Arigato Sportsclub

Rannamõisa tee 3, Tallinn


Since 2009, we have held football matches between the Danish and Swedish chambers of commerce in Estonia. For two glorious years in a row, the Danes have managed to bring the trophee home. This upcoming September, we shall need to prove our fitness once again. The match shall take place in Arigato football stadium on Saturday, September 17th starting at 15:00 and will be followed by a joint dinner right after the match at Arigato cafe approx 18:00.


The ball is round. Let's make sure the ball will be kicked to the right goal! We're inviting the players to contact our team's captain Thomas Hviid by e-mail t_hviid@hotmail.com


Coming up at Danish-Estonian Chamber of Commerce

(keep yourself posted with the event calendar at www.decc.ee/events/upcoming-events)



A business-breakfast with Lindorff

"3rd generation cash flow management"


What would be Your answer if the CFO or the Chief Accountant would ask: "When are we going to start using the 3rd generation cash flow management". You agree, that this sounds something that the genius Steve Jobs came up with. Could something so ingeniousbe taking place in Estonia and in Your and your cooperation partners companies? YES.


Information has become the most valued capital. The one who knows how to benefit from the new things in their company is the successful one. Lindorff Groups main goal is to have high success rate, to be innovating and customer orientated. We invite You to an informative breakfast discussion about the current situation of the economic and its future trends. Today's successful companies concentrate only on their core business. How is that possible?


The insight of the economy and the 3rd generation cash flow willgive you Mr. Andres Arrak, andres arrak

the Director of Entrepreneurship Institute of Estonian Entrepreneurship University of Applied Sciences and Seppo Lahtinen, Lindorff. Economist Andres Arrak, who always sparks a lot of feedback and sometimes rocks the society to the core asks: "Neoclassical consumption society: to be or not to be?". Noted scientist of economy provides us with two solutions: a) neoclassical theory of economy (more is better) should be rewritten; b) return from the socialism ( the government will do everything for me) to the free market capitalism. How and why? Mr. SeppoLahtinen will provide You with one solution.


Place: Radisson SAS, Blu

Time: Thursday, September 29th 08:30-10:30

Entrance: Free of Charge

Registration required click here.

NB In case of emergency and possibility of not showing up, please unregister or announce your absence at least 24h in advance.



Coming up:

Nordic Open, October 5-6

Christmas Party, Dec 9th


* Follow the news on the Danish Culture events in Estonia at Facebook - click here.

* Follow the news on the Danish-Estonian Chamber of Commerce at Facebook - click here.

News from members / other organizations / media

(keep yourself posted with the event calendar at www.decc.ee/events/upcoming-events)


* A new Estonian Ambassador to Denmark, Mrs Katrin Kivi has started in August 2011.

* Netlead OÜ is searching for a Danish speaking Website Promoter. Contact www.netlead.ee .

* Lindorff OÜ is searching for a Sales Manager. Deadline September 8th. More info click here.


Enterprise Estonia is inviting entrepreneurs to take part of innovation training trips this autumn:

* October 10-13, Denmark "Creation of added value through brand and design solutions" More information and registration contact Mrs Anu Puusaag, anu.puusaag@eas.ee, tel 627 9521.

* November 7-11, North-Italy "Innovation of Business Model. Canvas of Osterwalder". More informaton and registration Mrs Sirje Ustav, sirje.ustav@eas.ee, tel 627 9514.


September 28-29

Annual Congress of Estonian Internet Marketing "best internet 2011". One of the main speakers this year is Mr Jakob Kahlen from Denmark standing up on Thursday, Sept 29th. All presentations shall take place in Tallinn Technical University. More information www.best-marketing.com and registration silja@best-marketing.com 


September 29

Business breakfast with Lindorff. More information coming up.


September 15-18

Green Growth Festival Rohevik will take place in Tallinn and Tartu. Festival starts with modren eco-cities conference in Tartu, followed by a smart energy and green transport conference and an electric vechiles event in Tallinn, and is being finished by a car-free day on September 18th. Further information click here


September 27

A unique opportunity to take part of a seminar organized by the Baltic Institute of Corporate Governance, where a former CEO of companies such as SAS with more than 13.000 employees and ISS with more than 520.000 employees, Mr Jorgen Lindegaard will share his experience at an event "Strategy, Experience & Mistakes: How lessons from a lifetime in big companies can inspire you?". Further information click here.


October 1 - November 30

Nordic-Baltic Designers Events in Riga. Further information click here.


October 1

Deadline for Nordic Culture Fund's grant for up to 100.000 DKK. Further information click here.


October 5-6

Business and Networking Conference "Nordic Open 2011" to get pragmatic know-how and to motivate entrepreneurs to enter the Scandinavian market. More information coming up from www.nordicopen.org 


November 6

BECC organizes a traditional Guy Fawkes night.


November 14-10

Nordic Library Week 2011: Nordic Humor. The week will be opened by two Nordic authors: Mikael Niemi from Finland  with the book "Popmusic a la Vittula" and a famous Danish cartoonist, known throughout Denmark for his successful series Strid in the Danish newspaper Politiken and who has published several childrens books, Jakob Martin Strid with the book "Mustafas kiosk". Further information click here


News from Copenhagen Post www.cphpost.dk


* Central bank's helping hand scrutinized. Co-signing for banks' risky loans could exceed Nationalbanken's mandate and leave state short on funds In what experts are calling an "undemocratic" manoeuvre, the central bank, Nationalbanken, has unveiled a wide-ranging initiative aimed at shoring up the banking industry. The move, however, could leave the state with a multi-billion kroner bill on its hands. The initiative, which would expand banks' collateral basis as a way to improve their access to liquidity, will come into effect on October 1.  Industry experts fear that once it is in place, Nationalbanken could find itself taking over responsibility for bank's shaky loans.

Fraud squad begin investigation into suspicious buyback of 265 million kroners worth of shares in 2008. The Danish fraud squad raided Parken Sport & Entertainment, owners of FC Copenhagen, on Tuesday as they started investigating suspicions of insider trading by the company. Flemming Østergaard, the company's former chairman, also had his home in Skodsborg raided by the fraud squad, who were looking for evidence of stock manipulation while he was at the company.

Bank intends to cut workforce mainly through voluntary redundanciesDanish bank Nordea intends to fire 2,000 employees across Scandinavia by the end of 2012. The move will is expected to cost about 650 Danes their jobs. The bank made the announcement today, stating that the job cuts were necessary in order to maintain profitability.

Disappointing financial results open Pandora's Box for jewelry company; new leadership and marketing plan to come. The release of the latest financial results for Danish jewelry company Pandora caused a shocking 70 percent drop in stock prices at the opening of the Copenhagen Stock Exchange on Tuesday. CEO Mikkel Vendelin Olesen's resignation was announced shortly afterwards. "Although our price increases combined with some destocking are significant contributors to our slowdown in sales and profitability," Allan Leighton, Pandora's chairman of the board, said in a press statement, "our own inadequate operational sales and marketing execution is as big a factor."



* Follow the news on the Danish Culture events in Estonia at Facebook - click here.

* Follow the news on the Danish-Estonian Chamber of Commerce at Facebook - click here.

Chamber's notifications' board:  
  • Next DECC council meeting will take place on September 6. In case anyone would like to suggest a topic or make a proposal to be discussed, please feel free to contact info@decc.ee and inform us about it.

Contact Info
Manager of the Chamber, Merli Lindberg, info@decc.ee Tel: +372 502 4006 Skype: merli.lindberg

- Save 15% on a book called "Kilde Taani suhetest Eestiga" -

- discounted services from

 a Danish partner research company Market Select A/S -
- Save 20% Äripäev - 
- Save 25% on news2biz subscription -
- discounted web marketing materials from Interakt OÜ - 

Check the offers from www.decc.ee/special-offers