News from members / other organizations / media
(keep yourself posted with the event calendar at www.decc.ee/events/upcoming-events)
January - June 2012
Danish presidency of the council of the European Union. More info from here.
Baltic Business Arena 2012 - a Baltic Sea Region Business Matchmaking Seminar in Copenhagen, Denmark. For 10 companies from Estonia, the participation fee will be free of charge plus travel support of 200 €, the rest need to pay themselves. More information here.
News from Copenhagen Post and Baltic Business News
* Arla plans a huge merger. The Danish-Swedish diary cooperative Arla Foods announced in a statement that it is planning two mergers. If approved, Arla plans to engulf Milch-Union Hocheifel, Germany's eighth-largest dairy, and Milk Link, the fourth-largest dairy in Britain. The mergers would increase Arla's annual revenue by nine billion kroner. "Each of these three companies seek to create value for shareholders in the form of strong milk prices," Peder Tuborgh, Arla's chief executive, said in a statement. "If these plans are realised, our futures and ability to deliver results will be strengthened." Read more.
* Tax on sugar not so sweet for business. The new tax being imposed on manufactured goods that contain sugar - products such as jams and ketchup - will cause companies to layoff employees and, in some cases, completely shut down factories. Seven out of ten food manufacturers surveyed by Dansk Industri (DI) said that they will be forced to cut their number of employees when the tax takes effect next year. Fully one third of those surveyed said they will layoff one out of every ten workers. The survey of 32 companies included some of the country's largest food manufacturers like Arla and Danish Crown. Altogether, the companies employ about 5,000 people nationwide. "Businesses cannot take anymore," said Ole Linnet Juul from DI. "First a fat tax and now a sugar tax. Does the government just want companies to shut down?" DI fears that as many as 1,200 manufacturing jobs could be at risk. Read more.
* Beer and wine sales plummet in the first quarter.Beer and wine sales fell by seven percent in the first financial quarter, and retailers suggest that tax increases and more Danes than ever taking their booze business down south are the reasons. According to the Coop shopping chain, one of the main catalysts occurred on January 1 when the government raised wine taxes by 3.50 kroner a litre and beer taxes by seven kroner per crate. "It's not because the Danes suddenly became teetotalers on New Year's Day," Coop food manager Jens Visholm told Politiken newspaper. "There are indications that convey that they are simply driving to the borders and getting their wine and beer there."
And it seems like it's mostly people living in the rural areas that are driving down to Germany to restock their booze shelves. Coop recently made a regional examination of their wine and beer sales and concluded that in Copenhagen sales had only fallen by a couple percent while in southern Jutland, sales had dropped by a staggering 20 percent. "The sales deficits are larger the closer you get to the German border," Visholm told Politiken. "This decrease has already resulted in lost jobs. That's how unforgiving it is in reality." Read more.
2012 trade fair calendar in Denmark:
August, 2012 "Formland Expo 2012" (Herning). For professionals working in the field of decoration, home and office design, furniture, lightening, fabrics, handicraft products, gifts, souvenirs, etc.
September 2012 "Automatik 2012" (Herning). Read more click here.
October 9-11, 2012 "Copenhagen International Clean Energy Fair". Read more click here.
November 2012 "Food Pharma Tech" (Herning). Trade fair for machinery, packaging, and ingredients for food and pharma industry.
November 2012 "Agromek 2012" (Herning). Agricultural trade fair.
2012 trade fair calendar in Estonia:
- Tallinn fair center Eesti Näitused and,
- Tartu fair center Tartu Näitused.
You can find a list of trade fair organizers for both Estonia and Denmark at our website.
* 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.