Membership Directory 2014 - American Chamber of Commerce in
Transcription
Membership Directory 2014 - American Chamber of Commerce in
THE VOICE FOR INTERNATIONAL BUSINESS 201 4 SAFER CITIES THRIVING COMMUNITIES Resources diminish and become harder to connect. Technology advances and overwhelms. Threats increase, but we’re not in an arms race. We’re in a communications race. Within the information flowing between citizens, responders and agencies is the intelligence that builds a safer city. Motorola Solutions can help you collect more of it, make it actionable and securely distribute it across mission critical devices and easy-to-manage networks. It’s the technology and expertise that turns noise into information, information into intelligence, and intelligence into safety. And it’s how to do the absolute most with less – build safer cities, counties, states and provinces… and communities that thrive. AMCHAM DENMARK YEARBOOK & MEMBERSHIP DIRECTORY Copenhagen Marriott Hotel Kalvebod Brygge 5, 1560 Copenhagen V For reservations please call: 88 33 12 31 www.midtowngrill.dk YEARBOOK Membership Directory 0 2 14 9 9 19 Learn more about how Motorola is enabling Safer Cities and Thriving Communities by visiting, motorolasolutions.com/safercities MOTOROLA, MOTO, MOTOROLA SOLUTIONS and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license. All other trademarks are the property of their respective owners. ©2013 Motorola, Inc. All rights reserved. Special Anniversary Edition 2014 ANCHORAGE ■ ■ ST. PETERSBURG HELSINKI VANCOUVER SEATTLE STOCKHOLM TRONDHEIM EDMONTON ICELAND OSLO GOTHENBURG COPENHAGEN BERGEN STAVANGER BILLUND HAMBURG FRANKFURT MUNICH AMSTERDAM BRUSSELS ZURICH GLASGOW MANCHESTER LONDON HEATHROW & GATWICK DENVER BARCELONA MINNEAPOLIS / ST. PAUL Three classes of service, Saga Class, Economy Comfort & Economy ■ Comfortable leather seats in all cabins ■ Seatback interactive entertainment system ■ Easy & short transit at Keflavik airport MILAN PARIS GENEVA MEETING THE NEED FOR ENERGY Friendly & professional service Hess CopenHagen offiCe syd arne Hess, one of Denmark’s largest oil producers, is completing an 8.6 billion DKK project with partners to more than double production at Syd Arne. With support from our communities, employees and partners, we are building a sustainable business that will continue to make a positive impact in Denmark. Syd Arne produces 5% of Denmark’s oil and accounts for approximately 11% of estimated reserves oiL prodUCtion* Dan Gorm Halfdan Skjold BOSTON NEW YORK HALIFAX = + Book your flight at icelandair.dk for eVery 1 hess JoB ORLANDO Fly Icelandair syd arne partnership Hess 61.5% (operator) DONG Energy 36.8% Danoil 1.7% The shortest way to USA & Canada Fortifying Crops Tyra/Tyra SE Syd Arne Hejre Others CREATING GOOD JOBS TORONTO JFK & NEWARK Dan Gorm Halfdan Skjold *Inception through January 1, 2012 MADRID WASHINGTON D.C. estimated reserVes* Tyra/Tyra SE Syd Arne Others top safety performer Among the best performers in the Danish oil and gas industry RESponSibly MEEting tHE WoRlD’S gRoWing nEED foR EnERgy Hess is a leading independent energy company engaged in the exploration and production of crude oil and natural gas. Explore more about us by scanning the code at left. Seven billion people already live on our planet, and the number is growing by 220,000 every day. - How can we improve everyone’s health and prevent diseases ? - How can we develop new materials to help us conserve resources ? To provide better answers to these questions, research is under way in Bayer’s three subgroups: HealthCare, CropScience and MaterialScience. Fields in which Bayer is already a global leader – and whose importance to the future of humankind grows by the day. www.bayer.dk additionaL JoBs are Created Based on study conducted by Quartz+Co and Copenhagen Economics (2008-2010). Note: The Danish oil and gas sector employs 15,000 people. Hess Denmark Ostergade 26b DK – 1100 Copenhagen K Hess.com Have you also considered expanding your business in Denmark? Improving Nutrition - How can we provide food for more and more people without damaging the environment? 8 www.rl.dk Assisting foreign clients in setting up, acquiring or expanding businesses in Denmark is one of Rønne & Lundgren’s core competencies. We assist in all legal and tax matters. You may contact us at any time to discuss a solution for your Danish business operation. Contact Ulrik Fleischer-Michaelsen, Partner, Head of Corporate & Commercial, ufm@rl.dk, direct +45 3525 2937 Rønne & Lundgren – one of Denmark’s leading law firms ADVANCED TECHNOLOGY FOR DENMARK’S FUTURE F-35 LIGHTNING II It represents the height of technology. But its purpose is very down to earth. Security for the nation and people of Denmark. And the safety of its fighting forces. An aircraft so advanced it sets new global standards for multi-mission capability and interoperability. F-35 Lightning II. More than a fighter jet. A platform for partnership to keep Denmark safe and secure for decades to come. THE F-35 LIGHTNING II TEAM NORTHROP GRUMMAN BAE SYSTEMS PRATT & WHITNEY LOCKHEED MARTIN F35.COM DENMARK © 2013 ManpowerGroup. All rights reserved. 301-65783_F35_Advancing_Denmark_AmCham.indd 1 4/3/13 12:01 PM sEEING THE UNsEEN Is HUMANLY POssIBLE True vision is seeing people’s full potential. ManpowerGroup Denmark helps our clients win in the changing world of work. Our solutions cover an entire range of talent-driven needs from permanent, temporary and contract recruitment, employee assessment and selection, assessment, training and development, and career management, to outsourcing and workforce consulting. More information is available at experis.dk · manpower.dk · rightmanagement.dk ManpowerGroup™ | Experis™ | Manpower | Right Management ® ® AmCham’s Media Partner: Denmark’s only English-language newspaper 2 AMCHAM DENMARK YEARBOOK & MEMBERSHIP DIRECTORY Meet the Leaders with Finance Minister Bjarne Corydon The American Chamber of Commerce in Denmark (AmCham Denmark) is a non-profit, non-governmental business association representing companies actively investing in Denmark and the United States. As the voice for U.S. and international business in Denmark, AmCham is committed building a more competitive business and investment climate in Denmark, one that encourages investments and stimulates growth. 3 AN OFFICIAL PUBLICATION OF THE AMERICAN CHAMBER OF COMMERCE IN DENMARK Managing Editor: Therese Oliver Writers: The AmCham Team Layout & Design: Gregorius DesignThinking Printing: Zeuner Grafisk Contact Information: AmCham Denmark, Christians Brygge 26, 1559 Copenhagen V, Denmark, Phone (+45) 33 932 932, Fax (+45) 33 932 938, mail@amcham.dk, www.amcham.dk Photos: AmCham Denmark, Pamela Juhl and istock / The American Chamber of Commerce in Denmark has made every effort to ensure the accuracy of the information in this publication. We apologize for any errors or omissions. 4 Lotte Hansen at The Future of Aviation Event CONTENTS 5 Message from the U.S. Ambassador 06 Board of Directors 08 Message from the Executive Director 10 AmCham Timeline – A Look Back 12 2013 Year in Review 18 Special Investment Section 40 AmCham Denmark Membership 48 AmCham Denmark Members 52 Members by Industry 58 Membership Directory 62 AmCham Network 80 AmCham Partners 82 J. Rufus Gifford U.S. Ambassador to the Kingdom of Denmark 6 I’m honored to be in Denmark as U.S. Ambassador, and making my contribution to deepening the great existing partnership we have between our two countries. Our relationship is stronger than ever, and I am working daily to ensure that it continues. Our trading relationship is a central component, and one of the things that has impressed me most is how closely the U.S. Embassy and the AmCham work together to support our businesses operating in Denmark and to promote Danish investment in the U.S. Over the past year, we have continued to deepen that partnership, bringing together leaders from politics and business, and showcasing the vital contributions that U.S. companies make to the Danish economy. Along the way, I have greatly enjoyed co-hosting events with AmCham that showcase those contributions and promote a business friendly environment in Denmark. One highlight for me this year has been the Green Partnerships for Growth initiative − with the Confederation of Danish Industry we are working together to facilitate more publicprivate partnerships in sustainable energy. I was also pleased to join AmCham in presenting the Foreign Company of the Year award to U.S. firm Biogen Idec, which was deservedly recognized for creating new Danish jobs and growth by investing in manufacturing. I also greatly appreciate AmCham’s partnership as we showcase the benefits of Danish companies investing in the U.S. The kickoff “SelectUSA” Global Investment Summit in Washington, D.C., last October was only the beginning. We are looking forward to deepening our trade ties with Denmark and the EU exponentially in the coming year. The U.S. has already grown to be Denmark’s third-largest export market for goods and services. Our trading relationship is about $24 billion a year; we are confident that our trade relationship will grow even more in the coming years. The launch of the Transatlantic Trade and Investment Partnership (TTIP) negotiations in 2013 further demonstrates our commitment to the transatlantic relationship. Already, the transatlantic economy is the largest in the world, accounting for one-third of all global trade and one-half of global output. Annual outflow from the U.S. and the EU represent about threequarters of global Foreign Direct Investment. TTIP negotiations are ongoing, but we need to match our aspirations with political decisiveness and constructive engagement with all stakeholders. Achieving a comprehensive agreement in the coming year will set a global “gold standard” for free trade, openness and growth. The U.S. Embassy in Denmark will remain a strong partner of the AmCham, and we will continue to work together to promote U.S. business and to create jobs, growth, and prosperity in our two countries. I am bullish about the coming year and hope everyone in AmCham is, too. J. Rufus Gifford 7 Ambassador J. Rufus Gifford (center) with Vice President Joe Biden and wife, Jill Biden (left) and President Obama and First Lady Michelle Obama (right) J. Rufus Gifford J. Rufus Gifford was sworn in as the U.S. Ambassador to the Kingdom of Denmark on August 15, 2013. Prior to his ambassadorship, Ambassador Gifford served as the Finance Chair of the Presidential Inaugural Committee after having held such roles as Finance Director for Obama for America, Finance Director for the Democratic National Committee, and California Finance Director for the Presidential Inaugural Committee. Before making his entrance into politics as a political consultant in California, Ambassador Gifford was a Creative Executive for Davis Entertainment, an independent film company based in Los Angeles. He holds a B.A. from Brown University and is currently a Federal Club Member of the Human Rights Campaign and a Partner in Conservation for the World Wildlife Fund. Ambassador J. Rufus Gifford; President Obama Chairman Stephen Shillington, CEO, McDonald’s Denmark & Vice President, McDonald’s Nordic Region. “We aim to continue the constructive dialogue with key decision makers, as a forum for getting your industry’s challenges heard in the political debate.” 8 Message from the Chairman AmCham Denmark, under the leadership of Stephen Brugger and the dedication of its capable staff, continues to make great progress as the voice for U.S. and International companies in Denmark. This is especially evident as we look back on 2013 and the high level access that AmCham achieved within the Danish Government, and the value these opportunities provided to our members. The core of our policy agenda is to build a more competitive business and investment climate in Denmark, one that encourages investments and creates jobs. We aim to continue the outreach and constructive dialogue we have established with key decision makers, as a forum for getting your industry’s challenges, as well as proposed solutions, heard in the political debate. There has never been a more important time to have a strong collective voice speaking on behalf of international business, and with your active support, we will make great strides in the coming year. Thanks to my fellow board members, whose leadership and proactive engagement is a key factor in AmCham’s current and future success. I would also like to acknowledge the valuable relationships we share with our partners and extend a special thanks to the U.S. Embassy and Ambassador Gifford for their invaluable contributions. Finally, my sincere thanks to you, our members, for your continuing participation and support. Stephen Shillington Chairman Board Meetings Minister Bjarne Corydon met with AmCham’s Board of Directors and representatives of AmCham’s Finance Committee to discuss the challenges facing companies looking to invest in Denmark. Newly appointed U.S. Ambassador to Denmark, J. Rufus Gifford and new DCM, Karl Stoltz, met with AmCham’s Board in a roundtable discussion. AmCham Denmark BOARD OF DIRECTORS 9 Honorary President J. Rufus Gifford U.S. Ambassador to Denmark Chairman Stephen Shillington, CEO McDonald’s Denmark & V.P. McDonald’s Nordic Co-Vice Chair, Torsten Moe, Partner, PwC Co-Vice Chair, Dorthe Mikkelsen, Senior Vice President MSD Treasurer Allan L. Agerholm, CEO & Managing Director, Crowne Plaza Copenhagen Towers Polly Fairchild, CIO DuPont Nutrition & Health Charlotte Mark, Managing Director, Microsoft Development Center Copenhagen Finn L. Meyer, Partner, KPMG Peter Müller, Managing Director, Bayer Thomas Nagy, Executive Vice President, Novozymes Ben Ring, Country Chairman, Denmark, Greenland & Iceland Shell Lene Skole, Executive Vice President & CFO, Coloplast David Horn Solomon, President and CEO , Zealand Pharma Anders Würtzen, Senior Vice President, Head of Group Public Affairs, A.P. Møller – Maersk Ex-officio Liaison Kirsten Selinger, Economic Officer, U.S. Embassy Observer Bjarke Frederiksen, Head of Commercial Section, U.S. Embassy Ole Vrangbæk Olsen CFO, IBM Denmark Martin Rahbek, CEO, Konica Minolta Denmark John Walsh III, President & COO Nordic Region, CSC Denmark 1 999 - 2014 Message from the EXECUTIVE DIRECTOR 10 2014 is an exciting year for AmCham Denmark – its 15th year of operation. In May 1999, AmCham was founded by a group of some 40 committed companies with a vision to create a business network supporting U.S. – Danish trade and investment. Today, thanks to the support of these and many more great companies, AmCham’s representation has grown to more than 250 companies actively investing in Denmark and the United States. In this 15th anniversary edition of our Yearbook & Membership Directory, we look back at AmCham’s colorful history with a special pictorial timeline, marking special events, people and achievements, and showing AmCham’s development from inception to present day. You might see some familiar faces through the years – maybe even your own. “As I reflect upon the past 15 years, I believe AmCham is stronger than ever, thanks to our engaged members.” This publication is also rich with examples of the access and accomplishments that took place during 2013, where we delivered one of the strongest programs of value-added events in our history. Our efforts this past year took many forms, including policy-driven meetings with key ministers, as well as political and business leaders; stimulating, high-level networking events; and enhanced promotion and profiling opportunities for our members. is stronger than ever, fueled by experience, important relationships built on solid, sustainable foundations, and not least, our engaged members. That is why I dedicate this 2014 Yearbook to you, our members. The vibrant, working relationships that we enjoy with you boost all of our efforts, and are a key reason why we look forward to building on our progress year after year. As I reflect upon the past 15 years, I believe AmCham Stephen Brugger Executive Director I hope you find this 2014 Yearbook to be a relevant and informative resource for your business. My personal thanks to our many sponsors for making this anniversary publication a reality. Stephen Brugger Executive Director 11 AmCham’s office overlooking the Copenhagen Harbor Therese Oliver Events and Member Services Manager Ole Schmidt Policy and Communications Manager Lisbeth Metasch Administrative Assistant Mary Sandberg Communications Assistant 1 999 - 2014 TIMELINE – A LOOK BACK 12 Richard N. Swett, Founding U.S. Ambassador Stephen Brugger appointed as Executive Director Elias Panayotopoulos (Citigroup) elected Chairman 2001 1999 AmCham Denmark Established AmCham’s First Chairman: Walter J. Ehmer U.S. Ambassador Stuart Bernstein Appointed AmCham Family Thanksgiving established FOUNDING MEMBERS 3M Alpine Biomed Amway Ascential Software Bentley Scandinavia Burson-Marsteller Chevron Citi Coca-Cola Deloitte Eli Lilly Estée Lauder Ford Motor Company Hewlett-Packard IHS Global Intel Inter-Global Trading Kodak KPMG Mattel Microsoft Motorola MSD Lucent Technologies PerkinElmer Pfizer TDC UL Demko Unisys UPS Valtech U.S. AMBASSADORS 1998 - 2001 Richard Swett 2001 - 2005 Stuart Bernstein 2005 – 2009 James P. Cain 2009 – 2013 Laurie S. Fulton 2013 – present J. Rufus Gifford 13 AGM hosted by Valtech featuring U.S. EU Ambassador Rockwell Schnabel Jonathan Grover (Ferring Pharmaceuticals) elected Chairman AGM hosted by PwC with Minister of Economic & Business Affairs Bendt Bendtsen Patron Member Breakfast with Former GE CEO Jack Welch 2002 2003 2004 AmCham Cup Golf Tournament established AmCham hosts first ever Nordic/Baltic Chief of Mission Conference Paul Coleman (Biogen Idec) elected Chairman AWARD WINNERS • Biogen Idec (2013) Foreign Company of the Year • N ovo Nordisk (2010) Transatlantic Company of the Year • Terma (2013) Transatlantic Company of the Year • I ron Mountain (2009) Foreign Company of the Year • McDonald’s (2012) Foreign Company of the Year • G laxoSmithKline Pharma (2008) Foreign Company of the Year • Novozymes (2012) Transatlantic Company of the Year • i Motions (2007) Entrepreneurship Award • Siemens (2011) Foreign Company of the Year • C SC & Topsoe Fuel Cell (2006) Entrepreneurship Award • Grundfos (2011) Transatlantic Company of the Year • T exas Instruments (2005) American Business Award • Crowne Plaza Copenhagen Towers (2010) Foreign Company of the Year • N ypro (2004) Entrepreneurship Award 14 AGM hosted by KPMG with Taxation Minister Kristian Jensen AmCham hosts Social Democrat Party Leader Helle Thorning-Schmidt AmCham hosts luncheon with former U.S. Secretary of State Colin Powell 2006 2005 U.S. Ambassador James P. Cain Appointed AmCham Healthcare Committee releases first “Healthcare Policy Agenda” Patron Member Dinner with Publishing Mogul Steve Forbes AmCham releases “2006 Foreign Investors Agenda” AmCham hosts U.S. Chamber President Tom Donohue 1 999 - 2014 TIMELINE – A LOOK BACK 15 AGM hosted by Dell with Education Minister Bertel Haarder AmCham expands to current location at Christians Brygge 26 AmCham releases “A Competitive Denmark” 2008 2007 s out ts/job investmen and 2010 er 2009 high numb both the But, in an alarmingly that they t dering survey, anies repor of are consi of comp dered or and jobs out ments have consi g invest movin ark. Denm ark? of Denm Busines s Baro of AmC Results ham Denm ark’s annu al s out of tments/job ion? g inves in the decis s movin dering ere factor to consi “yes” following are/w answered of the If you ark, which Denm to pointed as ndents business ing the respo 85% of cost of doingion. Break the high in their decis common reies a factor , the most labor (salar of this downwere cost es taxes spons (high linked can be r). which s highe order push wage ed (in includ es, nses respo on servic Other ency): VAT of frequ ity. capac Inability e Shortag meter survey of mem bers l Persona tax AmCham reDen survey any’s of the comp members mark’s Busi than half that their ark would ness More gauging Baro ents said in Denm invester the currspond tomet ark? is entons decisi in Denm business an annu-al surv ments invest climate ey of AmC future any’s this low and - futu comp ns for re tren ham the reaso ds in ion for responses were: and futu The surv re need s. was sent ey was conducte response to 237 general d between Aug s; ust 24 salarie with heads – a 45% resp managers (or and Sept ; high approvedagree onse ments quarters ember 13, both insid rate. The resp bargaining alternate ) and rece 2010. It ondents e Denmar repr ived 106 k (35% ) and outs esented com pani ide Den mark (65%es ). quent Mark Luscombe (Citi) elected Chairman AmCham Launches Business Barometer Survey at First Annual Foreign Investor Summit AmCham Healthcare Committee releases “Healthcare Political Agenda” TIMELINE – A LOOK BACK 16 Julie Edwards (GlaxoSmithKline) elected Chairman Roundtable with Danish Prime Minister Anders Fogh Rasmussen AmCham’s HR Committee releases whitepaper “The Talent to Succeed” 2009 AmCham celebrates 10 year anniversary, establishing its Education & Integration Fund Kim Østrup (IBM) elected Chairman 2010 U.S. Ambassador Laurie S. Fulton Appointed AmCham’s Executive Director addresses Prime Minister’s Growth Forum on FDI AGM hosted by Crowne Plaza Copenhagen Towers with Foreign Minister Uffe Ellemann-Jensen 1 999 - 2014 17 AmCham release CBS report on the “Importance of Multinational Enterprises” U.S. Secretary of State Hillary Clinton launches Green Partnerships for Growth AGM hosted by DEA / FUHU / Kosmopol with U.S. EU Ambassador William Kennard 2011 2012 U.S. Ambassador J. Rufus Gifford Appointed 2013 1 999 - 2014 AmCham celebrates 15 year anniversary AmCham HR Committee releases “The Talent to Compete” Danish Prime Minister Lars Løkke Rasmussen meets with AmCham Steve Shillington (McDonald’s) elected Chairman AGM hosted by Novo Nordisk with CEO Lars Rebien Sørensen 18 AmCham events provide a high level of access to key decision makers and business leaders throughout the year. 2013 YEAR IN REVIEW 19 2013 YEAR IN REVIEW | Events & Milestones 20 January New Year’s Reception with Minister Margrethe Vestager AmCham Denmark members gathered at the residence of U.S. Ambassador Laurie S. Fulton for AmCham’s annual New Year’s Reception, with Minister for Economics and the Interior, Margrethe Vestager. February Super Bowl XLVII American Football fans gathered at Crowne Plaza Copenhagen Towers for the exclusive live U.S. Broadcast of Super Bowl 47. This year’s battle featured 5-time Super Bowl winner, the San Francisco 49’ers vs. the Baltimore Ravens. AmCham and Manpower discuss a National Talent Strategy AmCham teamed up with Manpower in a series of meetings highlighting Denmark’s need for a comprehensive National Talent Strategy linked closely to its investment policy. Executive Roundtable with Head of the Productivity Commission AmCham Denmark’s Board and three of its policy committees met with Professor Peter Birch Sørensen to discuss the work of the Productivity Commission on the Danish “productivity challenge.” March Meet the Leaders with Minister of Finance Bjarne Corydon Participants gathered at Ernst & Young for a “Meet the Leaders” session with Danish Minister of Finance, Bjarne Corydon. This was the first opportunity for the Minister to meet with AmCham, but also a welcome opportunity to discuss the government’s new Growth Plan. Roundtable with Minister of Finance Bjarne Corydon Minister Bjarne Corydon joined AmCham’s Board of Directors and representatives of AmCham’s Finance Committee to discuss the challenges facing companies looking to invest in Denmark. Reception honoring AmCham Fulbright Scholar Renée Cooper A reception for Renée Cooper, Professor at the Fashion Institute for Technology in New York City and AmCham Fulbright scholar, was held at Søro, the home of U.S. Embassy Chargé d’Affaires, a.i., Stephen Cristina. TTIP Roundtable with Daniel Hamilton AmCham joined the U.S. Embassy and Dansk Industri (DI) in welcoming Daniel Hamilton, Director of the Center for Transatlantic Relations at Johns Hopkins University, for a roundtable discussion on the prospects for Transatlantic Trade and Investment Partnership. Transatlantic Business Roundtable & Transatlantic Company of the Year Award AmCham reviewed its business plan for 2013 at the AGM, before conducting its Transatlantic Business Roundtable featuring a keynote by CEO of Novo Nordisk, Lars Rebien Sørensen. Terma was named AmCham Denmark’s 2013 Transatlantic Company of the Year. April 2013 Executive Seminars in Analytical Chemistry (ESAC) More than 200 researchers, chemists, suppliers and industry experts gathered at the Scandic Copenhagen Hotel for the 13th annual Executive Seminars in Analytical Chemistry. ExPat Leadership Forum with Benny Engelbrecht The Expat Leadership Forum met with Member of Parliament Benny Engelbrecht, (S) at the Danish Parliament (Folketinget) for a discussion on “Working with the Danish Government.” 21 ”The Retail Revolution” with Professor Renée Cooper AmCham Denmark teamed up with Dansk Erhverv (The Danish Chamber of Commerce) and sister organizations WEAR and Guldsmedebranchen, for an informational seminar on the future of the retail industry. May Healthcare Committee Roundtable with Adam Wolf AmCham’s Healthcare Committee met with Adam Wolf, Director of Danish Regions, for a roundtable discussion on the financial challenges facing the healthcare sector. Finance Committee Roundtable with Brian Mikkelsen AmCham’s Finance Committee met with Brian Mikkelsen (C) and Nadeem Farooq (B) to discuss tax issues. ExPat Leadership Forum: ”Flying Towards the Future” Members of AmCham’s Expat Leadership Forum joined the Øresundsgruppen, to discuss the future of the Scandinavian aviation industry. June Folkemødet 2013 - AmCham Panel Debate & Reception AmCham participated in Folkemødet, the annual political “festival” on the Danish island of Bornholm. AmCham organized a debate on the contribution of multinational corporations to the Danish economy. Board Meeting with Peter Mogensen (KPMG) Peter Mogensen, Director of Danish think-tank, Kraka, met with AmCham’s Board to discuss the political outlook following the government’s recent growth plan. Independence Day Family Picnic More than 700 guests of all ages gathered at Rydhave, the official residence of the U.S. Ambassador, for AmCham Denmark’s 2013 Independence Day Family Picnic. August Green Partnerships Roundtable with Minister Martin Lidegaard Danish Minister for Climate and Energy, Martin Lidegaard, joined AmCham’s Green Partnerships Taskforce for a roundtable session with participants from Dansk Industri (DI) and the U.S. Embassy. AmCham Cup More than 120 golfers from all sectors of Denmark’s International business community participated in the annual AmCham Cup Golf Tournament at Simon’s Golf Club in Humlebæk. September Foreign Investor Summit with Minister for Trade and European Affairs Nick Hækkerup AmCham Denmark’s 7th annual Foreign Investor Summit focused on drivers of investment and growth. AmCham presented key findings from its 2013 Business Barometer. Board Meeting with Ambassador Gifford In September, newly appointed U.S. Ambassador to Denmark, J. Rufus Gifford met with AmCham’s Board of Directors for the first time. October Transatlantic Trade and Investment Partnership (TTIP) AmCham teamed up with Dansk Industri (DI) to host more than 200 business leaders, politicians and stakeholders participating in the conference, “A New Era for EU-US Trade.” YEAR IN REVIEW | Events & Milestones 22 Fall Members Reception & Foreign Company of the Year Award with Mayor Anna Mee Allerslev Members gathered at Rådhuset for this flagship networking reception, where Biogen Idec Manufacturing was named AmCham’s 2013 Foreign Company of the Year. Green Partnerships For Growth (GPG) More than 150 business leaders and stakeholders gathered at Dansk Industri’s (DI’s) newly renovated HQ to discuss how companies and governments can green and grow the economy. AmCham Executive Forum: Punching Above Your Weight AmCham’s Executive Forum invited managing directors of multinational subsidiaries in Denmark to share their experiences on how to compete internally for company resources. November We The People: Art and California Wine Tasting AmCham teamed up with Statens Museum for Kunst and the California Wine Institute to deliver an evening of art, wine and networking. SelectUSA Global Investment Summit U.S. Ambassador J. Rufus Gifford, led a small delegation from Denmark, including AmCham’s Executive Director Stephen Brugger, to the first-ever SelectUSA Global Investment Summit in Washington D.C. When Every Second Counts: Advanced Broadband Mobile Emergency Communications AmCham, the Danish Technical University (DTU), Dansk Industri/ITEK and OSAC (Overseas Security Advisory Council) welcomed members and guests to a high-level conference aimed at exploring the needs for new mission critical mobile broadband communication services. AmCham’s Annual Thanksgiving Dinner AmCham celebrated its 12th annual Family Thanksgiving Dinner. Guests enjoyed an authentic American-style dinner and dessert spread, courtesy of host Copenhagen Marriott and main sponsor, Microsoft. December Holiday Reception with Chris MacDonald AmCham Denmark and the U.S. Embassy’s Commercial Service welcomed members and their spouses/partners to a Holiday Reception and American Wine Tasting. This year’s program featured the inspirational American fitness personality, Chris MacDonald. High Lights ACCESS AmCham Denmark makes it a priority to provide members with access to key business and political leaders. Whether speaking out on behalf of its members, facilitating face-to-face contact, or highlighting the important contributions international companies make to Denmark, its economy and its ability to compete, AmCham remains a key voice of our membership. CONNECTIONS AmCham continues to offer fantastic networking opportunities for our members. Whether sharing relevant knowledge or gaining relevant experience, members have ample opportunity to network and connect with other high level executives, diplomats and politicians in a variety of interesting settings. SERVICE Servicing our member companies has always been a key priority for AmCham. We continue to offer great opportunities for members to broadcast their message out to the extensive AmCham network with targeted marketing opportunities, events and company promotions. 23 1 2 3 4 1 Kristian Jensen (V) and Mette Reissmann (S) debate at the 2013 Foreign Investor Summit 2 Minister Margrethe Vestager at AmCham’s 2013 New Year’s Reception 24 3 Foreign Investor Summit with Minister Nick Hækkerup 4 Meet the Leaders with Danish Finance Minister Bjarne Corydon 66 5 President Obama addresses SelectUSA Global Investment Summit in the U.S. 6 Meet the Leaders with Minister Bjarne Corydon 5 7 AmCham’s 2013 Business Barometer 7 Event Sponsors: Meet the Leaders 25 2013 provided AmCham’s members with access to several key political leaders. In January, AmCham Denmark members gathered at the residence of U.S. Ambassador Laurie S. Fulton for AmCham’s annual New Year’s Reception, which featured Minister for Economics and the Interior, Margrethe Vestager. Over 100 business leaders attended this highly anticipated occasion, where they indulged in an array of lavish canapés and beverages, courtesy of Crowne Plaza Copenhagen Towers. In March, participants gathered at Ernst & Young for a “Meet the Leaders” session with Danish Minister of Finance, Bjarne Corydon. This was the first opportunity for the Minister to meet with AmCham, but also a welcome opportunity to discuss the new “Growth Plan DK” and the general outlook for the Danish economy. The Minister talked openly about his analysis of the present political situation – both in Denmark and on a European level. In September, AmCham Denmark’s 7th annual Foreign Investor Summit focused on drivers of investment and growth. AmCham presented the findings from its 2013 Business Barometer, which once again highlighted the high cost of doing business as the main challenge to attracting investments to Denmark. The summit’s keynote was delivered by Nick Hækkerup, Denmark’s Minister for Trade and European Affairs. The business perspective was presented by three international companies with significant investments in Denmark: Hess, Bayer and Novozymes; all of whom expressed concern about whether their level of investment can be sustained. The event concluded with a lively political debate between former Minister for Taxation, Kristian Jensen (V) and the Social Democrat’s speaker on Trade and European Affairs, Mette Reissmann - both of whom acknowledged the challenges Denmark faces when trying to attract investments from abroad. In late October, AmCham participated in the firstever SelectUSA Global Investment Summit in the U.S., where more than 1,000 participants from 60 countries gathered in Washington D.C. in this two-day summit. Speakers included: President Obama, Secretary of Commerce Penny Pritzker, Secretary of State John Kerry, Secretary of the Treasury Jack Lew and U.S. Trade Representative Michael Froman, as well as several CEO’s from leading U.S. and International companies. U.S. Ambassador to Denmark, J. Rufus Gifford, led a small delegation from Denmark to the summit, which included AmCham’s Executive Director, Stephen Brugger and the Embassy’s Senior Commercial Officer, Bjarke Frederiksen. 1 1 “How to Navigate the Human Age:” (from left) David Arkless; Charlotte Mark, Microsoft; Rasmus Prehn 2 2 “When Every Second Counts” – Dr. Barbara Held, Head of Directorate General Policy, Germany 26 3 4 5 4 TTIP Roundtable participants included representatives from DI, AmCham, the U.S. Embassy and the Danish Foreign Ministry. 5 SAS Institute’s Bo Sannung talks about Big Data in Retail 6 Speakers and hosts of “When Every Second Counts” 6 3 “The Retail Revolution” – (From left) Anne Møgelberg, Deloitte; Bo Sannung, SAS Institute; Renée Cooper, AmCham Fulbright Scholar; Torben E. Hoffmann Rosenstock, Dansk Erhverv Event Sponsors: Knowledge Exchange 27 AmCham strives to provide its members with up-to-date knowledge, directly from the experts themselves. 2013 boasted multiple events with key stakeholders and thought leaders alike. In February, AmCham’s HR Committee organized a series of events with Manpower’s David Arkless, aimed at initiating a dialogue between business and key parliamentarians on the need for a comprehensive National Talent Strategy. Following an exclusive interview with Børsen, Arkless delivered a keynote on “How to Navigate the Human Age” at a business luncheon hosted by Manpower Group. Representatives of the HR Committee then joined Arkless for a roundtable session with the Danish Parliamentary Committee on Research & Innovation, focusing on the importance of linking Denmark’s Talent Strategy closely to its investment strategy. Following the committee meeting, Arkless joined HR Committee Chair, Charlotte Mark (Microsoft) for a session with the Minister for Research and Innovation Morten Østergaard. The day was rounded out with an exclusive dinner at Moltke’s Palæ. In March, AmCham joined the U.S. Embassy and Dansk Industri (DI) in welcoming Daniel Hamilton, Johns Hopkins University’s Director of the Center for Transatlantic Relations, for a roundtable discussion on the prospects for The Transatlantic Trade and Investment (TTIP) initiative. Professor Hamilton discussed the enormous importance of the transatlantic economy, and how it is driven not so much by open trade, but by bilateral investments and the ensuing intra-company trade. In late April, AmCham Denmark teamed up with Dansk Erhverv (The Danish Chamber of Commerce) and sister organizations WEAR and Guldsmedebranchen, for an informational seminar on the future of the retail industry, entitled, “The Retail Revolution.” Nearly 75 participants from across business sectors convened at Deloitte Copenhagen to hear industry experts discuss how technology is rapidly changing the industry. AmCham Fulbright Scholar, Professor Renée Cooper (Fashion Institute for Technology, New York City) led the discussion on U.S. Retail trends, focusing on ”Omnichannel.” In November, AmCham partnered with the Danish Technical University (DTU), Dansk Industri/ITEK and OSAC (Overseas Security Advisory Council) in welcoming members and guests to “Every Second Counts,” a high-level conference aimed at exploring the needs for new mission critical mobile broadband communication services, which can no longer be facilitated by narrow band communication alone. 2 2 28 1 Ambassador Gifford congratulates Managing Director Birgitte Thygesen (left) and Senior Director Andy Stober from Biogen Idec 2 Copenhagen Mayor Anna Mee Allerslev announces the Foreign Company of the Year winner at Copenhagen City Hall 1 4 3 Terma is named Transatlantic Company of the Year. (From left) Jury member Steen Thomsen, Copenhagen Business School; Mogens Lykketoft; winner Jørn Henrik Levy Rasmussen, Terma; Uffe Ellemann-Jensen; Host Lars Reiben Sørensen, Novo Nordisk; Jury member Sten Scheibye, Trade Council Chairman 3 4 Novo Nordisk’s Lars Rebien Sørensen, speaks about ”Success and Challenges in the U.S. Market” Event Sponsors: 2013 Business Awards 29 Each year, AmCham recognizes member excellence through two special achievement awards. The Transatlantic Company of the Year award highlights the importance, contributions and positive impact of Danish companies actively investing in the United States. The Foreign Company of the Year award recognizes the importance and positive impact of foreign companies investing in Denmark. 5 5 Transatlantic Roundtable with Ellemann & Lykketoft Transatlantic Company of the Year Foreign Company of the Year In April, Danish high-tech defense, security and space company, Terma, was named AmCham Denmark’s 2013 Transatlantic Company of the Year, for their brilliant use of strategic partnerships in transatlantic business development - partnerships that have secured their central role in providing and participating in the world’s largest industrial R&D project: the F-35 Joint Strike Fighter. The runners up were: Bavarian Nordic, Coloplast and Haldor Topsøe. Previous winners include Novo Nordisk (2010), Grundfos (2011) and Novozymes (2012). In October, Biogen Idec Manufacturing became AmCham’s 2013 Foreign Company of the Year, in recognition of their contribution to employment, job creation and investments in Denmark. The jury described Biogen Idec’s facility in Hillerød as being one of the largest greenfield investments ever made by a foreign company –creating 525 high wage jobs thus far. Prior to the award ceremony, AmCham conducted a Transatlantic Business Roundtable, which featured a keynote speech by CEO of Novo Nordisk, Lars Rebien Sørensen and a transatlantic debate with two former Foreign Ministers, Mogens Lykketoft and Uffe Ellemann-Jensen. The award ceremony took place during AmCham’s Fall Member Reception at Copenhagen Town Hall’s celebrated “Festsal.” Award finalists included GlaxoSmithKline, Hess, Medtronic and SEB Banken. Previous winners include Crowne Plaza Copenhagen Towers (2010), Siemens (2011) and McDonald’s (2012). AmCham Committees 2 AmCham Denmark’s Board and three policy committees met with Professor Peter Birch Sørensen 2 1 30 1 Ambassador Gifford hosts Healthcare Committee and Healthcare Minister Astrid Krag at Rydhave 3 AmCham Denmark prides itself on providing its member companies with the support and facilitation of special committees that identify tough issues impacting their operations. These committees drive policy and advocacy, developing positions that AmCham as an organization can then take further to key decision makers. In February, the AmCham HR Committee was the driver behind a series of events on February 5 focusing on the need for a National Talent Strategy and featuring the renowned expert in the field, Manpower’s David Arkless. Later that month, AmCham Denmark’s Board and three policy committees met with Professor Peter Birch Sørensen to discuss the work of the Danish Productivity Commission and possible recommendations for future policy. AmCham’s Healthcare Committee initiated the meeting as a follow-up to their September 2012 report on the “Benefits of a Healthy Workforce,” which outlines potential productivity gains by utilizing innovative healthcare solutions. In April, more than 200 researchers, chemists, suppliers and industry experts gathered at the Scandic Copenhagen Hotel 3 AmCham Finance Committee meets with Brian Mikkelsen and Nadeem Farooq for the 13th annual Executive Seminars in Analytical Chemistry event. ESAC 2013 featured the latest developments within Clinical/Forensic, Food/ Environment, Life Science/ Biotech and Pharmaceutical applications. In May the AmCham Healthcare Committee met with Adam Wolf, Director of Danish Regions, for a roundtable discussion on the financial challenges facing the Danish healthcare sector. 5 6 Minister for Environment, Ida Auken, Green Partnerships for Growth 7 Ambassador Gifford (left); Todd Stern, the U.S. State Department’s Special Envoy for Climate Change 5 David Arkless (left) with Minister for Research and Innovation Morten Østergaard (middle) and chair of AmCham HR Committee Charlotte Mark, Microsoft (right) 31 7 6 Green Partnerships for Growth 4 4 Executive Seminars in Analytical Chemistry 2013 The October meeting of the Healthcare Committee with Jan Rose Skaksen and Jakob Kjellberg of KORA, highlighted the issue of how to ensure Denmark gets the best possible value in terms of health for the significant amount of money being spent. And, in November, U.S. Ambassador Rufus Gifford hosted a meeting of the Healthcare Committee with Health Minister Astrid Krag. The “Workforcereport” provided a starting point for a frank exchange on how business can contribute to a better use of resources in the public health sector. The AmCham Finance Committee continued its work on improving the tax climate in Denmark and held roundtable discussions with speakers on tax Brian Mikkelsen (Conservative) and Nadeem Farooq (Radikale Venstre), as well as head of the Tax Authority Jesper Rønnow Simonsen. The discussions centered on the most pressing issues for business and how to improve conditions for international investments. AmCham has continued its commitment to the Green Partnership initiative by participating in several events and high-level roundtables on the topic. In August, Danish Minister for Climate and Energy, Martin Lidegaard, joined AmCham’s Green Partnership Taskforce for a roundtable session with DI and the U.S. Embassy. The Minister highlighted the possibilities within the new Danish Energy Agreement, including a doubling of the investments in Green Energy research and development over the next six years. In October, more than 150 business leaders and stakeholders gathered at Dansk Industri’s newly renovated headquarters to discuss how companies and governments can work together to simultaneously green and grow the economy. Speakers included DI’s Managing Director, Karsten Dybvad; U.S. Ambassador, J. Rufus Gifford; Graham Pugh, from the U.S. Department of Energy; Jeff Seabright of the Coca-Cola Company; Clay Nesler of Johnson Controls; David Gilford from the NYC Centre for Economic Transformation. 1 2 1 Jarl Cordua moderating the debate at Folkemødet with Ole Birk Olesen (LA) and Thomas Jensen (S) 2 Steve Shillington, McDonald’s, presenting at Folkemødet 32 3 TTIP speaker, Secretary General of NATO Anders Fogh Rasmussen, at DI 5 3 4 4 TTIP Speakers Niels Smedegaard Andersen, Group CEO AP MøllerMærsk, Anders Fogh Rasmussen and Karsten Dybvad, DI 5 5 TTIP speakers and ambassadors Peter Taksøe-Jensen and Shaun Donnelly with Chairman of the Parliamentary Committee on European Affairs Eva Kjer Hansen Policy 33 At the core of AmCham’s policy agenda is to build a more competitive business and investment climate in Denmark, and to communicate the important contributions of multinationals to the Danish economy. AmCham continues its outreach to key decision makers, as a forum for getting industry challenges, and proposed solutions, heard in the political debate. Folkemødet In June, AmCham participated in Folkemødet, the annual political “festival” on the Danish island of Bornholm. For its debut year at the Festival, AmCham organized a debate on the contribution of multinational corporations to the Danish economy with the provocative title, “What do we need the multinationals for? They don’t pay tax anyway…” McDonald’s Managing Director, Steve Shillington, kicked off the debate by describing a recent Copenhagen Economics study on the impact of McDonalds’ on the Danish society. The ensuing panel debate was moderated by journalist and blogger Jarl Cordua, and featured Thomas Jensen and Ole Birk Olesen, speakers on tax policy for the Social Democrats and Liberal Alliance, respectively. Economic expert Martin Thelle from Copenhagen Economics also commented on the current state of international investments in Denmark. were invited to an informal U.S. Wine Tasting Dinner to continue the discussion with members of AmCham. Easier Exchange of Driver’s Licenses In mid-October, the Danish Minister of Justice released a proposal that sought to make it easier for many expats to switch to a Danish driver’s license. AmCham Denmark has long argued that these rules constitute a frustrating and completely unnecessary barrier for foreign talent coming to Denmark. We look forward to the new rules taking effect in 2014. Transatlantic Trade and Investment Partnership In October, AmCham teamed up with Dansk Industri to host more than 200 business leaders, politicians and stakeholders in the conference, “A New Era for EU-US Trade.” Speakers included business leaders from both sides of the Atlantic. Following the conference, key stakeholders Minister of Justice Morten Bødskov meets with AmCham Director Stephen Brugger to discuss new driver’s license rules 34 Ambassador J. Rufus Gifford speaks at AmCham’s annual Thanksgiving Dinner The Chicago Blues Cruise Band Holiday Reception with Chris MacDonald xxxtudy Seminar at the U.S. Embassy (from left): Colleen Traughberg (U.S. Embassy Consular Officer); Stephen. 1 2 1-2 AmCham’s Family Independence Day Picnic 3 Microsoft XBOX, keeping kids entertained at this year’s Thanksgiving celebration 3 4 4 AmCham Cup winners, TEAM Relocation, with main sponsor Allan L. Agerholm, Crowne Plaza Copenhagen Towers AmCham Cup participants with sponsor Crowne Plaza Copenhagen Towers’ Electric Car Networking at AmCham Flagship Events Super Bowl XLVII On February 3, hardcore American Football fans gathered at Crowne Plaza Copenhagen Towers to watch the live U.S. Broadcast of the San Francisco 49’ers vs. the Baltimore Ravens. Independence Day 2013 On June 29, more than 700 guests gathered at Rydhave, the official residence of the U.S. Ambassador, for AmCham Denmark’s 2013 Independence Day Family Picnic. Guests braved the Danish summer rain for a fun taste of American culture, with a great line-up of food and drink sponsors – including Weber, Bones, Domino’s, McDonald’s, Ben & Jerry’s, Coca Cola, Budweiser Beer, Event sponsors: Wente Wine from Skjold Burne, and Copenhagen Wine. event featured the exhibition entitled ”We the People,” by world renowned Danish artist, Danh Vo. AmCham Cup 27 teams took part in the annual AmCham Cup Golf Tournament on August 22 at Simon’s Golf Club, sponsored by Crowne Plaza Copenhagen Towers. Among the incredible prizes were roundtrip tickets to the U.S., courtesy of Iceland Air, and Gold Priority Club Rewards Cards from Crowne Plaza. Thanksgiving Family Dinner On November 24, AmCham celebrated its 12th annual Family Thanksgiving Dinner. Guests enjoyed a wonderful dinner and dessert spread, courtesy of host Copenhagen Marriott. Microsoft and Microsoft Development Center kept the kids entertained with two Xbox 360 Kinect stations, while, student volunteers from DIS (Danish Institute for Study Abroad) assisted with childcare throughout the evening. As for U.S. Ambassador J. Rufus Gifford, AmCham managed to make his first Thanksgiving outside the U.S. a great one! We The People: Art and California Wine Tasting On November 6, AmCham teamed up with Statens Museum for Kunst and the California Wine Institute to deliver an evening of art, wine and networking. The Holiday Reception with Chris MacDonald AmCham Denmark and the U.S. Embassy’s Commercial Service welcomed members and their spouses/partners to a Holiday Reception and American Wine Tasting at the Hilton Copenhagen Airport. This year’s program featured the inspirational American fitness personality, Chris MacDonald, and was sponsored by GlaxoSmithKline. 35 Sponsorship 36 2014 package sponsors: Thanksgiving prize sponsor AirFrance/KLM/Delta Fall Reception Sponsor, RiskPoint AmCham Cup prize sponsor Iceland Air Marketing with AmCham AmCham Denmark offers a range of targeted and cost-effective marketing solutions to ensure that our member companies stay visible. Bundled Advertising Packages are available to those members who want to take full advantage of AmCham’s great network by utilizing advertising on our website, in our newsletters or in our yearbook – or a combination of these options – to get their message out. One of the best opportunities for high quality profiling is with Event Sponsorship. Event sponsorship is a way to showcase your brand, as well as support issues that are relevant to your business. Ask us about our marketing solutions today! AmCham Family Thanksgiving Dinner main sponsor, Microsoft AmCham Cup Sponsor Crown Plaza Copenhagen Towers AmCham Independence Day prize Sponsor Scandinavian Airlines 37 1 38 2 3 1 Rickard Gustafson, CEO Scandinavian Airlines 2 Thomas Woldbye, CEO Copenhagen Airport 5 3 “Punching Above Your Weight” (From left): Stephen Brugger (AmCham); Marianna Lubanski (Copenhagen Capacity); Finn Gjersøe (Lindeblad); Steve Shillington (McDonald’s); Peter Mueller (Bayer); Charlotte Mark (Microsoft Development Center); Kenneth Aabenhus (Garmin) 4 4 “Working with the Danish Parliament” (From left): Steve Shillington (AmCham Chairman/McDonald’s); Jan Juul Christensen (Rud Pedersen); Benny Engelbrecht (S); Sune Wæsel (Rud Pedersen) Event Sponsors: Expat Leadership Forum 39 AmCham’s Expat Leadership Forum consists of top level executives and managers across all sectors. For the second year running, AmCham has offered targeted events and initiatives aimed at the particular needs of this group of business leaders. Denmark know that they have to fight for internal investments from their headquarters – and competition can be fierce, especially when bigger economies overshadow smaller ones. The event was hosted by Copenhagen Capacity. In April, the Expat Leadership Forum met with host Benny Engelbrecht, MP (S) at the Danish Parliament (Folketinget) for a discussion on “Working with the Danish Government.” The program consisted of presentations by Mr. Engelbrecht, Jan Juul Christensen and Sune Wæsel, from Public Affairs consultancy Rud Pedersen, who discussed ”Relationship Building with the Danish Government.” In May, Members of AmCham’s Expat Leadership Forum joined the Øresundsgruppen (an informal network of Swedish and Danish senior executives), to discuss the future of the Scandinavian aviation industry. The event took place at the historic Wilhelm Lauritzen Terminal at Copenhagen Airport and featured presentations by Scandinavian Airlines CEO Rickard Gustafson and Copenhagen Airport CEO Thomas Woldbye. In October, AmCham’s Executive Forum invited several managing directors who lead subsidiaries of multinationals in Denmark to share advice in a session entitled “Punching Above Your Weight.” Managers of subsidiaries in Dinner at Wilhelm Lauritzen Terminal at CPH Airport 40 Special Section 41 DID you know that Denmark Is 20% cheaper than sweDen In terms oF busIness costs? Forbes: 4th best country For busIness In the worLD In 2013. 42 Denmark minimizes your business risk take the InItIatIve – a smart move Free busIness consuLtInG servIces – buILD a stronG busIness case For your DanIsh operatIon Regionalization strategies typically originate from company headquarters. If the issue of regionalization has not yet arisen, you can be reasonably sure that it will at some point. Seizing the initiative and bringing the idea of regionalization to the table – before your HQ does – is a smart management move. start by benchmarkInG QuaLIty anD cost In terms of qualitative factors such as labor availability, quality and flexibility, infrastructure and accessibility, Denmark offers the best business environment in the Nordic region according to sources including IMD, OECD and Eurostat. Denmark is the most flexible country in Europe (and second in the world) when it comes to hiring and firing practices. MOST FLEXIBLE LABOR MARKET worldwide ranking 2 24 33 40 Denmark Norway Sweden Finland Source: IMD 2013 Invest in Denmark and Copenhagen Capacity will collaborate with you, providing extensive professional services to support your business development activities in Denmark. We can assist you with the following, free of charge, while maintaining full confidentiality: > Comprehensive benchmarking service, enabling you to objectively compare Denmark/Copenhagen with up to 300 global locations in parameters including salary and office rents, as well as qualitative factors. > Identification of technological know-how, research and scientific output in Denmark for the establishment of an R&D project or center for your company. > Initiation of a business meeting at your company headquarters to discuss key investment issues concerning your Danish operation and the advantages of Denmark, with the participation of government officials and other political stakeholders. We offer a variety of other services in order to assist you. Please contact us directly for a confidential dialogue. Copenhagen Capacity Anne Have Kjærholm E ahk@copcap.com P +45 51 21 55 58 Invest in Denmark Nicholas Enersen E nicene@um.dk P + 45 33 92 12 31 the worLD bank: europe’s best country For DoInG busIness, 2012, 2013 & 2014! Denmark – scandinavia’s most cost efficient country for business expansion Do these chaLLenGes sounD FamILIar? > You are considering regionalizing/centralizing your Scandinavian activities to reduce costs. > You are considering expanding your Danish operation by adding one or more Scandinavian shared services, e.g. finance, customer support, It, hr, supply chain/Logistics or r&D. > You have to justify your company’s location in Denmark to your international headquarters. Denmark Is 15-20% cheaper than sweDen When comparing the total costs of operating a business function such as a Scandinavian headquarters or a financial shared services center in terms of salary (including social security) and office rent, copenhagen is approximately 15-20% cheaper than stockholm, while also offering the advantage of a more flexible business environment. you have a strong business case for attracting new business functions to Denmark and for retaining your operation here. Let us help you further develop your case. BuSINESS COSTS FOR A REGIONAL HQ FOR 50 EMPLOYEES Million EuR for 50 employees Full time 7 6 5 4 3 2 1 0 Copenhagen Office rent Helsinki Source: fDi Benchmark, Financial Times Ltd 2014 Social cost Oslo Labor cost Stockholm 43 the economIst, 2013: the norDIc countrIes are the next supermoDeL. Denmark presents the stronGest busIness case Your Scandinavian operations have grown to a size at which consolidation of your management team or business functions i.e. finance, HR, IT or customer support can benefit from centralizing your activities to support your overall Scandinavian or international business strategy. Establishing a shared services center in Denmark will bring you highly skilled employees, the largest pool of Scandinavianlanguage speakers, the most flexible working hours and an unsurpassed labor market flexibility which allows your company to scale up and down to meet the actual needs. COPENHAGEN IS BEST AND CHEAPEST Quality score (average = 100) 44 why choose Denmark for your scandinavian Headquarters? 150 Copenhagen Stockholm 100 Helsinki Oslo 50 150 100 Operating cost index (average = 100) Source: fDi Benchmark, Financial Times, 2014 norDIc heaD oFFIce Gave bottom-LIne resuLts »Theresultofinitiatingtheregionalizationprocesswasreflectedinthebottom-lineresults.Thereasonforconcentrating activitiesinCopenhagenwastoreducecostsandmakeAgfa-Gevaertmorecompetitive.Wehavesucceededonbothcounts, andHRhas reduced costs by 60%, administrative personnel have been reduced by 70% and management costs by 40%.« Jørgen Vad, MD Agfa Graphics uK – Ireland; former MD, Agfa Gevaert North 50 transparency InternatIonaL: Least corrupt country In the worLD In 2013. WHy r&D in denmark? 45 Tap into a world-leading knowledge hub with universities, science parks and knowledge institutions. Enjoy the benefits of extensive government-backed R&D initiatives in a close interplay with researchers and research institutions through co-development projects, funding and PhD schemes. Benefit from the strong competences within life sciences, cleantech, ICT, maritime and design. competItIve user-centereD DesIGn For voLvo A unique hub of talent within user-centered design made Swedish Volvo place their user experience design center in Denmark, even though the rest of the product development was centralized in Volvo’s headquarters in Sweden. The Danish design center develops innovative user interfaces for Volvo cars that match the needs and the habits of the drivers. »IfIshouldpickonlyonereasontoinvestinasiteinDenmarkitwouldbetheeasyaccesstoavarietyoftalentwithinmany domainsofuser-centereddesign...Youreallyneedthecuriositytotrulyinnovate,youneedtobecuriousabouttheuser, youneedtodaretoasktherightquestions,youneedtochallengeyourownsystem.Allofthatisneededandallofthatis somethingyougetwhenyouhireDanes.« Nikolaj Nøhr-Rasmussen, Site Manager, Volvo user Experience Competence Center the waLL street JournaL has rankeD Denmark as the number one country In the worLD to start a new busIness. 46 how to Improve your supply cHain/logistics in denmark a busIness DrIver For Growth Are you seeking improvements in your logistics processes and sustainable supply chain activities, so as to create growth, become more competitive and build a profitable supply chain? In Denmark there are plenty of opportunities to fulfill your international business requirements with our unique infrastructure including Copenhagen Airport, harbors, bridges and integrated railway system – all connecting Denmark to the Scandinavian countries, Germany and beyond. Copenhagen is the gateway to the Nordics and with the new tunnel between Denmark and Germany to be completed in 2020, Denmark is even closer to mainland Europe. You can grow your business by supplying goods and services to the Scandinavian market from other European locations through Denmark, outsourcing to local 3rd party logistic providers or establishing your own logistic operations and related functions to Denmark. Get access to 15m Scandinavians and the Northern European market of 100m consumers within 24 hours. copenhagen capacity and Invest in Denmark can help you design and produce benchmark surveys to support your supply chain agenda. L’oréaL secureD better QuaLIty at a Lower cost L’Oréal has reaped the benefits from consolidating its entire Scandinavian logistics operation to the Copenhagen region. The French cosmetics giant L’Oréal’s costs have declined significantly over the last eight years since relocating its distribution centers in Denmark, Norway and Sweden to a 12,000 m2 warehouse south of Copenhagen. During this same period, the company and its customers have also experienced improved quality in the form of faster deliveries, while the increased volumes have made it easier to attract highly qualified staff, especially within IT. »We can document that centralizing our warehous- ing facilities has led to both significant savings and much improved quality.« Peter Trabolt Director of Finance at L’Oréal. FInancIaL tImes: scanDInavIa’s most busIness-FrIenDLy maJor cIty 2012-2013. frameWork conditions support your decision 47 unIQue DanIsh tax ruLe – perFect For norDIc expansIon Expansion through lean branches instead of companies is often more cost-efficient. In most other countries, this entails costs, administration and other adverse consequences to relieve double taxation. Denmark offers a unique tax rule stating that income from foreign branches of a Danish company is generally not taxed in Denmark. Saving costs and administration and still expanding through lean branches can only be achieved through a Danish company. The other Nordic countries do not offer the same unique tax rule. best oF two worLDs expanding through lean branches and at the same time avoiding costs and administration to eliminate double taxation FLexIbLe Labor Law – easy to scaLe heaDcounts Denmark offers the most flexible hiring and firing legislation in Europe. Generally, no restrictions apply in relation to firing approvals from unions or otherwise. socIaL securIty payment - vIrtuaLLy none As part of the world-famous Danish flexicurity model, the employer only pays social security corresponding to a fixed amount of approx. EuR 1,350 per employee per year. rønne & LunDGren Rønne & Lundgren is one of Denmark’s leading law firms. Assisting foreign enterprises in expanding or acquiring businesses in Denmark is one of our core competencies. Rønne & Lundgreen ulrik Fleischer-Michaelsen E ufm@rl.dk P +45 35 25 29 37 Foreign hQ Danish company Swedish branch Norwegian branch Finnish branch Member 48 Fall Member Reception and Foreign Company of the Year Award ship Levels & Benefits 49 Membership 50 MEMBERSHIP AmCham Denmark membership is open to both major corporations and small businesses that share a common interest in the mission of the Chamber. It is a company membership open to the entire management team. WHY JOIN? ACCESS AmCham works to facilitate regular and personal dialogue between our members and key decision makers, voice members’ concerns and contribute to the development of sustainable solutions. CONNECTIONS AmCham offers extensive and credible connections in the political and business arenas – globally. You can use this network to connect, communicate and stay on top of issues that impact your business. SERVICE From exclusive, targeted marketing opportunities to special event organization and company promotions, AmCham makes our members’ needs a priority. It’s a good business decision that will add value to your organization. Membership Categories 51 AMCHAM OFFERS THREE LEVELS OF MEMBERSHIP: PATRON CORPORATE ASSOCIATE Voting Membership Voting Membership American companies or companies incorporated in the U.S. All companies Eligible for election to the Board of Directors Eligible for election to the Board of Directors Not eligible to serve on Board of Directors Eligible to chair committees Eligible to chair committees Eligible to participate on committees Participation in Executive Forums Participation in Executive Forums (by invitation) Invitations to all regular events (5 persons) and special Patron member only events (case by case basis) Invitations to all regular events (2 persons) Invitations to all regular events (1 person) Company logo and listing in annual Yearbook & Membership Directory and on the website Company listing in annual Yearbook & Membership Directory and on the website Company listing in annual Yearbook & Membership Directory and on the website AmCham assistance in organizing corporate events (company promotions/high level visits) Limited AmCham assistance in organizing corporate events (company promotions/high level visits) Non-voting Membership All companies with fewer than 15 employees, associations, NGOs, and travel & tourism sector 52 Transatlantic Business Roundtable and Transatlantic Company of the Year AmCham Members AMCHAM MEMBERS 53 PATRON MEMBERS 54 AmCham Denmark is proud to recognize our Patron members and thank them for their vital and continuing support 55 AMCHAM MEMBERS | 252 COMPANIES 56 1st Mile 3M a/s A.P. Møller - Maersk A/S AbbVie ABS Europe Limited Accenture A/S Advice A/S Advokatfirman Vinge KB Afatek AG5 Architects Agilent Technologies Denmark A/S AIG Europe Air France - KLM Group Alfa Quality Moving Denmark A/S Alumni American Aviation Data, Inc. American Express Business Travel A/S American-Danish Business Council Americanwine.dk Ametek Denmark A/S Amgen AB Amrop Amway Denmark ApS Andersen & Martini A/S AON Denmark A/S Aspire Mobility AT&T Global Network Services ApS Atlantic Services ApS AVT Business School Babcock & Wilcox Vølund A/S Bain & Company Bavarian Nordic A/S Baxter A/S Bayer A/S Bech-Bruun Law Firm Ben & Jerry’s Danmark Bentley Scandinavia A/S Berlitz Language Services Scandinavia A/S Best Western International Danmark Biogen Idec Manufacturing ApS BK Medical ApS Blue Nordic ApS Booz & Company ApS Brinch & Partners Brink Serviced Offices ApS Bristol-Myers Squibb - Denmark British Airways Bruker Daltonics Scandinavia AB Brødrene Hartmann A/S Burson-Marsteller A/S CA Software Camilla Jacobs Marketing ApS Cardiac Science Chevron Denmark Inc. CHUBB Insurance Company of Europe S.A. Cisco Systems Denmark ApS Citco (Denmark) ApS Citi Denmark CNA Insurance Company Limited Coca-Cola Nordic Service ApS Colgate-Palmolive A/S Coloplast A/S Confederation of Danish Industry ConXus ApS Cook Medical Copenhagen Business School Copenhagen Capacity Copenhagen Film Company Copenhagen Group A/S Copenhagen Institute for Futures Studies Copenhagen International School Copenhagen Malmö Port AB Copenhagen Marriott Hotel Copenhagen Wine A/S CorpNordic Denmark Crowne Plaza Copenhagen Towers A/S CSC Denmark A/S Cunningham Lindsey Leif Hansen A/S D.J. Shields Dale Carnegie Training Danmark MasterClass A/S Danfoss A/S Danish Society for Education and Business (DSEB) Dansk Erhverv - Danish Chamber of Commerce Dansk-Tysk Handelskammer Danske Bank A/S DEA Delacour Dania Deloitte Direct Selling Association of Denmark DIS - Danish Institute for Study Abroad DONG Energy A/S DuPont Danmark ApS e3light Group A/S EDU Danmark ApS Eli Lilly Danmark A/S Ernst & Young P/S Facebook Falck Schmidt Defence Systems FedEx Express Europe First Hotel Copenhagen FLSmidth A/S FranklinCovey - nordic approach GE Healthcare GE Money Bank General Reinsurance Genzyme ApS Getty Images GlaxoSmithKline Pharma A/S Google Denmark ApS Gorrissen Federspiel Gregorius DesignThinking Grontmij A/S Grundfos A/S GTS Nordic ApS H. Lundbeck A/S Haldor Topsøe A/S Hard Rock Cafe, Copenhagen Hartmanns Outsourcing A/S Hess Denmark ApS Hewlett-Packard ApS Hill + Knowlton Strategies Hilton Copenhagen Airport Hjort & Frøik Hobart Scandinavia ApS Hollingsworth Pack Honeywell A/S HORESTA Horten Law Firm Hotel Maritime Huset Mandag Morgen A/S IBM Danmark ApS Icelandair IDG Danmark A/S IHS Global Intel Denmark ApS Invest in Denmark Iron Mountain A/S Patron · Corporate · Associate 57 J. Lauritzen A/S J. P. Morgan Europe Limited Janssen-Cilag A/S JMJ Associates Jyske Bank A/S Kelly Services Konica Minolta Denmark A/S Korn/Ferry International A/S KPMG Kraft and Partners A/S Kristiansen.Ulveman Kromann Reumert LETT Advokatpartnerselskab Lindeblad a/s Lockheed Martin Mannov A/S Manpower ApS MAQS Law Firm Mars Danmark A/S Marsh Danmark A/S Martensen Wright PC McDonald’s Danmark ApS McKinsey & Company Denmark Medicon Valley Alliance Medtronic Danmark A/S Microsoft in Denmark Modern American Diner ”MAD” Moltkes Palæ Monjasa A/S Motorola Solutions Danmark A/S MSD National Instruments Danmark NCF - Nordic Corporate Finance Nemlig.com NNIT A/S Nordea Bank Denmark A/S Norrbom Vinding Novartis Healthcare A/S Novasol A/S Novo A/S Novo Nordisk A/S Novozymes A/S Nykredit A/S Nypro Denmark ApS Oracle Danmark ApS Otis A/S Palo Alto Networks PensionDanmark A/S PerkinElmer Inc Pfizer ApS Philip Morris ApS Philips Denmark A/S Praesidio ApS Premiere Global Services Denmark ApS PrimeTime Communication Procter & Gamble Danmark ApS Profiles International Denmark ApS PwC Radiometer A/S Radisson Blu Royal Hotel Radius Kommunikation RAE Systems Europe ApS Rambøll Danmark A/S Raytheon International Inc. Regus Business Centre ApS RiskPoint A/S Roche A/S Roger Moore Consult Rud Pedersen A/S Rønne & Lundgren Law Firm Santaris Pharma A/S SAS - Scandinavian Airlines SAS Institute A/S Scandic Copenhagen Scion DTU A/S Sealed Air Denmark A/S SEB - Skandinaviska Enskilda Banken AB Settwell Relocation Shell Danmark Shipco Transport Holding A/S Siemens Industry Software A/S Spamfighter ApS Stakemann Law Firm Struers A/S Sun Chemical A/S SvendHjort Agencies Sypris Europe ApS T. Rowe Price International Ltd. TDC A/S TEAM Relocations Telenor A/S Terma A/S The Boeing Company The Copenhagen Post Thermo Fisher Scientific Todd Verwers Architects Toms Gruppen A/S Topdanmark Forsikring UL International Demko A/S UniqueConsult A/S UPS Danmark A/S Varian Medical Systems Scandinavia A/S Velux A/S Verizon Denmark A/S Vestas Wind Systems A/S Virksomhedsskolen A/S Warner Music Denmark A/S Waters A/S Weibel Scientific A/S WMAN Wonderful Copenhagen World Jet Trading A/S Xerox A/S Zealand Pharma 58 Meet the Leaders with Finance Minister Bjarne Corydon Industry Sectors 59 Automotive Andersen & Martini Banking/Finance/Insurance AIG Europe AON Denmark CHUBB Insurance Citi Denmark CNA Insurance Company Cunningham Lindsey Leif Hansen Danske Bank GE Money Bank General Reinsurance Copenhagen Branch J. P. Morgan Europe Limited Jyske Bank Marsh Danmark NCF - Nordic Corporate Finance Nordea Bank Denmark Novo Nykredit PensionDanmark RiskPoint SEB - Skandinaviska Enskilda Banken AB T. Rowe Price International Topdanmark Forsikring World Jet Trading Building & Construction Afatek AG5 Architects e3light Group FLSmidth Grontmij Hollingsworth Pack OTIS Rambøll Danmark Todd Verwers Architects Velux Business Services: Accounting & Financial Blue Nordic Citco (Denmark) CorpNordic Denmark Deloitte Ernst & Young GTS Nordic KPMG PwC Business Services: Advertising / PR / Public Relations Advice Burson-Marsteller Hill + Knowlton Strategies Kristiansen.Ulveman Mannov PrimeTime Communication Radius Kommunikation Rud Pedersen Business Services: Employment / Executive Search Alumni Amrop Brinch & Partners Kelly Services Korn/Ferry International Manpower ApS Profiles International Denmark ApS UniqueConsult Business Services: Legal Advokatfirman Vinge KB Bech-Bruun Law Firm Delacour Dania Gorrissen Federspiel Horten Law Firm Kromann Reumert LETT Advokatpartnerselskab MAQS Law Firm Martensen Wright PC Norrbom Vinding Rønne & Lundgren Law Firm Stakemann Law Firm Business Services: Management Consultants 1st Mile Accenture Bain & Company Booz & Company Copenhagen Group Copenhagen Institute for Futures Studies D.J. Shields FranklinCovey - nordic approach Hartmanns Outsourcing Hjort & Frøik JMJ Associates Kraft and Partners McKinsey & Company Roger Moore Consult SAS Institute Business Services: Office Systems / Management Brink Serviced Offices Iron Mountain Konica Minolta Denmark Praesidio Regus Business Centre AMCHAM MEMBERSHIP 60 Consumer Goods & Services 3M Amway Denmark Coca-Cola Nordic Service Colgate-Palmolive Mars Danmark Nemlig.com Philip Morris Procter & Gamble Toms Gruppen Warner Music Denmark WMAN Defense Atlantic Services ConXus Falck Schmidt Defence Systems Lockheed Martin RAE Systems Europe Raytheon International Inc. SvendHjort Agencies Sypris Europe Terma The Boeing Company Distribution / Logistics A.P. Møller - Maersk ABS Europe Limited Copenhagen Malmö Port AB FedEx Express Europe J. Lauritzen Shipco Transport Holding UPS Danmark Education / Training AVT Business School Berlitz Language Services Scandinavia Copenhagen Business School Copenhagen International School Dale Carnegie Training Danmark - MasterClass Danish Society for Education and Business (DSEB) DEA DIS - Danish Institute for Study Abroad EDU Danmark Scion DTU Virksomhedsskolen Energy / Oil & Gas Babcock & Wilcox Vølund Chevron Denmark Inc. DONG Energy Hess Denmark Monjasa Shell Danmark Vestas Wind Systems Healthcare: Medical Devices & Instruments Agilent Technologies Baxter BK Medical Bruker Daltonics Cardiac Science Coloplast Cook Medical GE Healthcare Danmark GE Healthcare Europe GmbH Medtronic Danmark PerkinElmer Inc Philips Denmark Radiometer Thermo Fisher Scientific Varian Medical Systems Waters Healthcare: Pharmaceuticals / Life Science AbbVie Amgen AB Bavarian Nordic Bayer Biogen Idec Manufacturing Bristol-Myers Squibb Eli Lilly Genzyme GlaxoSmithKline Pharma H. Lundbeck Janssen-Cilag MSD Novartis Healthcare Novo Nordisk Novozymes Pfizer Santaris Pharma Roche Zealand Pharma Hospitality / Restaurant / Food Service AmericanWine.dk Ben & Jerry’s Danmark Best Western International Danmark Copenhagen Marriott Hotel Copenhagen Wine Crowne Plaza Copenhagen Towers First Hotel Copenhagen Hard Rock Cafe, Copenhagen Hilton Copenhagen Airport Hobart Scandinavia Hotel Maritime McDonald’s Danmark Modern American Diner Moltkes Palæ Radisson Blu Royal Hotel Scandic Copenhagen Industry Sectors 61 IT / Computers: Hardware, Software & Consulting American Aviation Data, Inc. Bentley Scandinavia CA Software Cisco Systems Denmark CSC Denmark Facebook Google Denmark Hewlett-Packard IBM Danmark IHS Global Intel Denmark Microsoft in Denmark NNIT Premiere Global Services Oracle Danmark Palo Alto Networks Siemens Industry Software Spamfighter Xerox Manufacturing/Industrial Automation Ametek Denmark Brødrene Hartmann Danfoss DuPont Danmark Grundfos Haldor Topsøe Honeywell National Instruments Nypro Denmark Sealed Air Denmark Struers Sun Chemical UL International Demko Weibel Scientific Media / Entertainment/ Publishing Camilla Jacobs Marketing Copenhagen Film Company Getty Images Gregorius DesignThinking IDG Danmark Lindeblad The Copenhagen Post Moving/Relocation Alfa Quality Moving Denmark Aspire Mobility Settwell Relocation TEAM Relocations Organizations/Government Agency American-Danish Business Council Confederation of Danish Industry (DI) Copenhagen Capacity Dansk Erhverv - Danish Chamber of Commerce Dansk-Tysk Handelskammer Direct Selling Association of Denmark HORESTA Huset Mandag Morgen Invest in Denmark Medicon Valley Alliance Travel & Tourism Air France - KLM Group American Express Business Travel British Airways Carlson Wagonlit Travel Icelandair Novasol SAS - Scandinavian Airlines Wonderful Copenhagen Telecommunications TDC AT&T Global Network Services Motorola Solutions Danmark Telenor Verizon Denmark Wine sponsor, Keld Johnsen, AmericanWine.dk at AmCham’s Holiday Reception 80 Network Connections across the Globe AmCham Denmark is a member of the AmCham Network – a global network of AmChams in more than 100 countries worldwide. AmCham Denmark’s network is an important asset. To us, to our members and to our key stakeholders. This is why we keep our relationships strong within our network, particularly with the Nordic AmChams, the European Council of AmChams (ECACC) and the U.S. Chamber of Commerce. AmCham is keen to leverage its extensive executive network to help our members get connected. Whenever. Wherever. Just ask us. AMCHAM NETWORK 81 AmCham’s Foreign Investor Summit Tom Donohue, President and CEO, U. S. Chamber of Commerce. AMCHAM GLOBAL NETWORK 82 UNITED STATES CHAMBER OF COMMERCE AmCham Denmark is a fully accredited member of the United States Chamber of Commerce, which is consistently ranked among the top 10 most influential lobbying and trade organizations. AmCham Denmark works closely with the U.S. Chamber on matters of importance to our members doing business in the United States. Contact: United States Chamber of Commerce 1615 H Street, N.W. Washington, D.C. 20062-2000 Tel: (+001) 202 463 5460 Email: eurasia@uschamber.com Website: www.uschamber.com AMCHAMS IN EUROPE (European Council of American Chambers of Commerce) AmChams in Europe (the European Council of American Chambers of Commerce) is a network of chambers across Europe. Its mission is to exchange best practice ideas, mutual member company benefits and to provide a forum for discussion, debate and, where necessary, representation on issues relevant to the European business environment. Contact: AmCham in Europe c/o AmCham EU Avenue des Arts 53 B-1000 Brussels Belgium Tel: (+32) 2 289 10 14 Email: ecacc@amchameu.eu Website: amchamsineurope.com FINLAND Population: 5,266,114 (2013 est.) Life Expectancy: 79.55 years GDP (PPP): $194.1 billion GDP Growth: -0,8% GDP per Capita (PPP): $35,800 Unemployment: 7.8% Inflation: 3,2% Source: CIA Factbook 2013 AmCham Finland Kriistina Helenius, CEO Eteläranta 6 A 8, FI-00130 Helsinki Tel: (+358) 40-466 4576 Email: info@amcham.fi Website: www.amcham.fi U.S. Commercial Service Helsinki, Finland Mia Maki Head of Section (acting) Itainen Puistotie 14 B FI-00140 Helsinki Tel: (+358) 9 616 250 Email: office.helsinki@trade.gov Website: www.buyusa.gov/finland/en The Nordic Region Population: 25,6 million Total Area: 3,501,721 square km / 1,352,022 sq. miles Government Types: Constitutional monarchy (Denmark, Norway, Sweden); Parliamentary republic (Finland) Main Languages: Danish, Finnish, Norwegian, Swedish. English is the first foreign language and very widely spoken and understood. 83 NORWAY Population: 5,085,582 (2013 est.) Life Expectancy: 80.44 years GDP (PPP): $274.1 billion GDP Growth: 3,% GDP per Capita (PPP): $54,400 Unemployment: 3.2% Inflation: 0.7% Source: CIA Factbook 2013 SWEDEN Population: 9,647,386 (2013 est.) Life Expectancy: 81.28 years GDP (PPP): $385.1 billion GDP Growth: 1% GDP per Capita (PPP): $40,300 Unemployment: 8% Inflation: 0.9% Source: CIA Factbook 2013 DENMARK Population: 5,556,452 (2013 est.) Life Expectancy: 78.94 years GDP (PPP): $208.3 billion GDP Growth: -0.4% GDP per Capita (PPP): $37,300 Unemployment: 6% Inflation: 2.4% Source: CIA Factbook 2013 AmCham Norway Jason Turflinger, Managing Director Lille Grensen 5 N-0159 Oslo Tel: (+47) 22 41 50 10 Email: amcham@amcham.no Website: www.amcham.no AmCham Sweden Berit Salheim, Managing Director Jakobs torg 3, 4 tr SE-111 52 Stockholm Tel: (+46) 8 506 126 10 Email: info@amchamswe.se Website: www.amchamswe.se AmCham Denmark Stephen Brugger, Executive Director Christians Brygge 26 DK-1559 Copenhagen V Tel: (+45) 33 93 29 32 Email: mail@amcham.dk Website: www.amcham.dk US Commercial Service Vidar Keyn, Head of Commercial Section Henrik Ibsens Gate 48 N-0244 Oslo Tel: (+47) 21 30 88 66 Email: oslo.office.box@mail.doc.gov Website: www.buyusa.gov/norway/en U.S. Commercial Service Nicholas Kuchova, Regional Senior Commercial Officer Dag Hammarskjölds Väg 31 SE -115 89, Stockholm Tel: (+46) 8 783 5346 Email: office.stockholm@trade.gov Website: www.buyusa.gov/sweden/en U.S. Commercial Service Bjarke C. Frederiksen, Senior Commercial Officer Dag Hammarskjölds Allé 24 DK -2100, Copenhagen Ø Tel: (+45) 3341 7315 Email: Office.Copenhagen@trade.gov Website: www.buyusa.gov/denmark/en ECACC | Directory of Members 84 ALBANIA AmCham Albania Website: www.amcham.com.al Floreta Luli-Faber, Executive Director Robert Wood, President CROATIA AmCham Croatia Website: www.amcham.hr Andrea Doko Jelusic, Executive Director Ivan Vidakovic, President FINLAND AmCham Finland Website: www.amcham.fi Kristiina Helenius, Managing Director Sauli Niinisto, Chairman ARMENIA AmCham Armenia Website: www.amcham.am David Atanessian, Chair Diana Gaziyan, Executive Director CYPRUS Cyprus Chamber of Commerce and Industry Website: www.ccci.org.cy Andreas Papadouris, Secretary Phidias Pilides, President FRANCE AmCham France Website: www.amchamfrance.org Marina Niforos, Managing Director Clara Gaymard, President AUSTRIA AmCham Austria Website: www.amcham.at Daniela Homan, Executive Director Felix Thun-Hohenstein, Chairman AZERBAIJAN AmCham Azerbaijan Website: www.amchamaz.org Nargiz Nasrullayeva-Muduroglu, Executive Director Ligar Veliyev, Chairman BELGIUM AmCham Belgium Website: www.amcham.be Marcel Claes, Chief Executive Officer Scott Beardsley, President BULGARIA AmCham Bulgaria Website: www.amcham.bg Valentin Georgiev, Executive Director Peter Lithgow, President CZECH REPUBLIC AmCham Czech Republic Website: www.amcham.cz Weston Stacey, Executive Director František Dostálek, President DENMARK AmCham Denmark Website: www.amcham.dk Stephen Brugger, Executive Director Stephen Shillington, Chairman ESTONIA AmCham Estonia Website: www.amcham.ee Daria Sivovol, Executive Director Andrus Alber, President EU AmCham EU Website: www.amchameu.eu Susan Danger, Managing Director Hendrik Bourgeois, Chairman GEORGIA AmCham Georgia Website: www.amcham.ge Nicole Jordania, Executive Director Sarah Williamson, President GERMANY AmCham Germany Website: www.amcham.de Andreas Povel, General Manager Mattes Bernhard, President IRELAND AmCham Ireland Website: www.amcham.ie Mark Redmond, Chief Executive Peter Keegan, President ISRAEL Israel-American Chamber of Commerce Website: www.amcham.co.il Ronit Benbasat Rom, Executive Director Ofra Strauss, Chairperson ITALY AmCham Italy Website: www.amcham.it Simone Crolla, Managing Director Vittorio Terzi, President KOSOVO AmCham Kosovo Website: www.amchamksv.org Arian Zeka, Executive Director Chris Jennions, President GREECE American Hellenic Chamber of Commerce Website: www.amcham.gr Elias Spirtounias, Executive Director Simos Anastasopoulos, President LATVIA AmCham Latvia Website: www.amcham.lv Liga Smildzina-Bertulsone, Executive Director Ivars Slokenbergs, President HUNGARY AmCham Hungary Website: www.amcham.hu Laslo Metzing, Chief Operating Officer William Benko, President LITHUANIA AmCham Lithuania Website: www.acc.lt Živilé Sabaliauskaité, Executive Director Tadas Vizgirda, Chairman Contact Information 85 LUXEMBOURG AmCham Luxembourg Website: www.amcham.lu Paul-Michael Schonenberg, Chairman & CEO POLAND AmCham Poland Website: www.amcham.pl Dorota Dabrowski, Executive Director Joseph Wancer, Chairman MACEDONIA AmCham Macedonia Website: www.amcham.com.mk Michelle Osmanli, Executive Director Liza Popovska, President PORTUGAL AmCham Portugal Website: www.amcham.org.pt Graca Didier, Executive Director José Joaquim Oliveira, Chairman MALTA American Chamber of Commerce in Malta Website: www.amcham-malta.org Mike Clews, President & Chairman ROMANIA AmCham Romania Website: www.amcham.ro Anca Harasim, Executive Director Valeriu Nistor, Chairman MOLDOVA AmCham Moldova Website: www.amcham.md Mila Malairau, Executive Director Cristina Harea, President RUSSIA AmCham Russia Website: www.amcham.ru Alexis Rodzianko, President Ron Pollet, Chairman MONTENEGRO American Chamber of Commerce in Montenegro Website: www.amcham.me Edin Seferovic, Executive Director Svetlana Vuksanovié, President of the Board of Governors AmCham Russia St. Petersburg Chapter Website: www.amcham.ru/spb Maria Chernobrovkina, Executive Director Ruslan Belyaev, Chairman NORWAY AmCham Norway Website: www.amcham.no Jason Turflinger, Managing Director Pal Rokke, Chairman SERBIA AmCham Serbia Website: www.amcham.rs Maja Piscevic, Executive Director Milos Durkovic, President SLOVAK REPUBLIC AmCham Slovak Republic Website: www.amcham.sk Jake C. Slegers, Executive Director Igor Kottman, President THE NETHERLANDS AmCham Netherlands Website: www.amcham.nl Patrick Mikkelsen, Executive Director Helen Mets-Morris, President SLOVENIA AmCham Slovenia Website: www.amcham.si Ajsa Vodnik, M.Sc. Executive Director Matej Potokar, President TURKEY AmCham Turkey/TABA Website: www.amcham.org Ekim Alptekin, Chairman Oliver Myers, Executive Director SPAIN AmCham Spain Website: www.amchamspain.com Adia Casamitjana, Executive Director Jaime Malet, President SWEDEN AmCham Sweden Website: www.amchamswe.se Berit Salheim, Managing Director Lars Naslund, Chairman SWITZERLAND Swiss-American Chamber of Commerce Website: www.amcham.ch Martin Naville, Chief Executive Director Harry Hohmeister, Chairman American Business Forum in Turkey/ABFT Website: www.abft.net Eklif Dermircan, Executive Director Serra Akcaoglu, Chairman UKRAINE AmCham Ukraine Website: www.amcham.ua Bryan Disher, Chairman Bernard Casey, President UNITED KINGDOM British American Business Inc. Website: www.babinc.org Jeffries Briginshaw, Managing Director Irene M Dorner, Chairman AMCHAM PARTNERS 86 American Danish Business Council http://usadk.org/ Confederation of Danish Industry www.di.dk 87 Copenhagen Capacity www.copcap.com Danish American Business Forum www.dabf.dk Dansk Erhverv www.danskerhverv.dk Invest in Denmark www.investindk.com Embassy of the United States of America U.S. Ambassador to Denmark: J. Rufus Gifford http://denmark.usembassy.gov U.S. Foreign Commercial Service Head of Section: Bjarke Frederiksen www.export.gov/denmark/ Business costs in Denmark are 20% lower than in Sweden Do you need more reasons to attract business functions to Denmark or retain your operation here? Let us help you develop a strong business case – free of charge. Read more in the ‘Special Investment Section’ of this Yearbook (p. 40) or visit: www.copcap.com/ourbusinessservices 18 15 SCANPIX / CLAUS FISKER Denmark really could win three Oscars Goldman Sachs deal raises questions Handballers homing in on third Euro title 14 | cphpost.dk NEWS Hey big spender, Denmark wants you! Government releases new tourism plan PETER STANNERS Denmark’s only English-language newspaper 24 - 30 January 2014 | Vol 17 Issue 3 6 NEWS Post reader to the rescue After reading our story about a Dane stuck in the Philippines, woman springs into action 7 Denmark’s English-language newspaper since 1998 System failure NEWS so The Green Card Scheme doesn’t work, why is Denmark issuing more than ever? 4 Think death is enough to keep you out of the taxman’s reach? Think again! 10 COMMUNITY Gus Brown set the benchmark for Irish pubs in the city, and he used to sleep on one ation act PM’s ‘nose’ casts new light on freedom of inform JUSTIN CREMER & PETER STANNERS 13 InOut Scandal that led to Helle ThorningSchmidt’s reprimand would not have been uncovered if it weren’t for the voluntary release of information the PM should get off with just a minor tweak of the nose. “It’s not one of the bigger ones,” Enhedslisten’s Pernille Skipper told DR Nyheder. Right-wing Dansk Folkeparti’s Peter be Skaarup, however, thinks “it should big.” The prime minister faced a parliamentary hearing last week on Friday regarding an admission from Morten departure. Bødskov (S), her former justice minister, that he lied to parliament. Less freedom Documents came forward last week BØDSKOV’S lie itself would also nevthat revealed that the PM’s office and er have been publicly known if agents the Justice Ministry had an email correworking for the domestic intelligence spondence about the contents of a press agency PET had also not leaked infor19. November on sent release Bødskov mation to the press. On one of the drafts, Bødskov offered The new freedom of information act a concession that he gave “an inaccurate prevents correspondence between minpicture” to parliament’s legal committee public by istries from being released to the about the real reason a planned visit of through freedom of information requests. the same committee to the freetown All parties except Enhedslisten, Christiania was cancelled. Dansk Folkeparti (DF) and Liberal Alliance – parties that traditionally do not Freedom of information law scrutinised – voted in fapositions ministerial hold the THE PM’S reprimand has reignited this up. in- vour of the law. debate about the new freedom of “With regard to the papers that Left-wing party Enhedslisten, formation act, offentlighedsloven, that Helle Thorning has presented, we can a sometime supporter of Thorningcame into effect on January 1. Schmidt’s coalition government, thinks P American alright, but who is being Hustled? The whole of Hollywood, contends our reviewer G18 9 771398 100009 Price: 25 DKK Thorning-Schmidt’s involvement in the ‘Christiania Case’ scandal only came to light because an email correspondence between the Justice Ministry and the Prime Minister’s Office was handed over to parliament’s legal committee. The emails reveal that the Prime Minister’s Office had known for some time that Bødskov lied to parliament to about why a trip to Christiania had be cancelled, which ultimately led to his RIME MINISTER Helle Thorning-Schmidt’s face, which graced front pages worldwide thanks to an infamous selfie, is about to look less recognisable. Politically, anyway. Thorning-Schmidt is due to receive – an official parliamentary reprimand which in Danish is called a ‘næse’ (nose) – for her role in the ‘Christiania Case’, a political scandal that has also cost the jobs of her justice minister and the head of the domestic intelligence agency PET. At the time of going to press, the size of Thorning-Schmidt’s nose was still under debate – really, we are not making SCANPIX / KASPER PALSNOV Dubbed the best in town A nose job for the PM see the openness has not increased [with the new freedom of information act],” Enhedslisten’s legal spokesperson Pernille Skipper told DR Nyheder. DF also questions whether the case would have come to light by requesting government documents, and it has called for the law to be reviewed before 2017, as is planned. “The problem is that there was always a majority who didn’t agree with our view, but we can only hope that this case makes the majority reconsider, and a that the government decides to pursue more open freedom of information act,” Skaarup told DR Nyheder. cphpost.dk N E W S • B U S I N E S S • S P O R T facebook.com/copenhagenpost • C U L T U R E • twitter.com/cphpost C O M M U N I T Y ANCHORAGE ■ ■ ST. PETERSBURG HELSINKI VANCOUVER SEATTLE STOCKHOLM TRONDHEIM EDMONTON ICELAND OSLO GOTHENBURG COPENHAGEN BERGEN STAVANGER BILLUND HAMBURG FRANKFURT MUNICH AMSTERDAM BRUSSELS ZURICH GLASGOW MANCHESTER LONDON HEATHROW & GATWICK DENVER BARCELONA MINNEAPOLIS / ST. PAUL Three classes of service, Saga Class, Economy Comfort & Economy ■ Comfortable leather seats in all cabins ■ Seatback interactive entertainment system ■ Easy & short transit at Keflavik airport MILAN PARIS GENEVA MEETING THE NEED FOR ENERGY Friendly & professional service Hess CopenHagen offiCe syd arne Hess, one of Denmark’s largest oil producers, is completing an 8.6 billion DKK project with partners to more than double production at Syd Arne. With support from our communities, employees and partners, we are building a sustainable business that will continue to make a positive impact in Denmark. Syd Arne produces 5% of Denmark’s oil and accounts for approximately 11% of estimated reserves oiL prodUCtion* Dan Gorm Halfdan Skjold BOSTON NEW YORK HALIFAX = + Book your flight at icelandair.dk for eVery 1 hess JoB ORLANDO Fly Icelandair syd arne partnership Hess 61.5% (operator) DONG Energy 36.8% Danoil 1.7% The shortest way to USA & Canada Fortifying Crops Tyra/Tyra SE Syd Arne Hejre Others CREATING GOOD JOBS TORONTO JFK & NEWARK Dan Gorm Halfdan Skjold *Inception through January 1, 2012 MADRID WASHINGTON D.C. estimated reserVes* Tyra/Tyra SE Syd Arne Others top safety performer Among the best performers in the Danish oil and gas industry RESponSibly MEEting tHE WoRlD’S gRoWing nEED foR EnERgy Hess is a leading independent energy company engaged in the exploration and production of crude oil and natural gas. Explore more about us by scanning the code at left. Seven billion people already live on our planet, and the number is growing by 220,000 every day. - How can we improve everyone’s health and prevent diseases ? - How can we develop new materials to help us conserve resources ? To provide better answers to these questions, research is under way in Bayer’s three subgroups: HealthCare, CropScience and MaterialScience. Fields in which Bayer is already a global leader – and whose importance to the future of humankind grows by the day. www.bayer.dk additionaL JoBs are Created Based on study conducted by Quartz+Co and Copenhagen Economics (2008-2010). Note: The Danish oil and gas sector employs 15,000 people. Hess Denmark Ostergade 26b DK – 1100 Copenhagen K Hess.com Have you also considered expanding your business in Denmark? Improving Nutrition - How can we provide food for more and more people without damaging the environment? 8 www.rl.dk Assisting foreign clients in setting up, acquiring or expanding businesses in Denmark is one of Rønne & Lundgren’s core competencies. We assist in all legal and tax matters. You may contact us at any time to discuss a solution for your Danish business operation. Contact Ulrik Fleischer-Michaelsen, Partner, Head of Corporate & Commercial, ufm@rl.dk, direct +45 3525 2937 Rønne & Lundgren – one of Denmark’s leading law firms THE VOICE FOR INTERNATIONAL BUSINESS 201 4 SAFER CITIES THRIVING COMMUNITIES Resources diminish and become harder to connect. Technology advances and overwhelms. Threats increase, but we’re not in an arms race. We’re in a communications race. Within the information flowing between citizens, responders and agencies is the intelligence that builds a safer city. Motorola Solutions can help you collect more of it, make it actionable and securely distribute it across mission critical devices and easy-to-manage networks. It’s the technology and expertise that turns noise into information, information into intelligence, and intelligence into safety. And it’s how to do the absolute most with less – build safer cities, counties, states and provinces… and communities that thrive. AMCHAM DENMARK YEARBOOK & MEMBERSHIP DIRECTORY Copenhagen Marriott Hotel Kalvebod Brygge 5, 1560 Copenhagen V For reservations please call: 88 33 12 31 www.midtowngrill.dk YEARBOOK Membership Directory 0 2 14 9 9 19 Learn more about how Motorola is enabling Safer Cities and Thriving Communities by visiting, motorolasolutions.com/safercities MOTOROLA, MOTO, MOTOROLA SOLUTIONS and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license. All other trademarks are the property of their respective owners. ©2013 Motorola, Inc. All rights reserved. Special Anniversary Edition 2014