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, firstname.lastname@example.org, tel 627 9521.
* November 7-11, North-Italy "Innovation of Business Model. Canvas of Osterwalder". More informaton and registration Mrs Sirje Ustav, email@example.com, tel 627 9514.
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 firstname.lastname@example.org
Business breakfast with Lindorff. More information coming up.
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
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.
Deadline for Nordic Culture Fund's grant for up to 100.000 DKK. Further information click here.
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
BECC organizes a traditional Guy Fawkes night.
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 redundancies. Danish 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."
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* Follow the news on the Danish-Estonian Chamber of Commerce at Facebook - click here.