The following foreign-owned companies have set up in Copenhagen in 2008 by May 5th:
Andersen Bakery (Japan)
Inspired by the traditional Danish-style bakery, Japanese Anderson Bakery has been successful establishing bakers shops, bread factories and cafés in the home market as well as in the US. Now the concept is exported back to Denmark, as the company opens a shop in Copenhagen.
Citroën (France)
Citroëns historical building in Sydhavn in Copenhagen is to be the centre of the Scandinavian sales activities in the years to come. From here, an offensive will be started to strengthen the Nordic activities following the release of 19 new models. With 8 per cent market share, Citroën stands stronger in the Danish market than in the rest of Scandinavia.
JPMorgan (USA)
After taking over Nordea’s custody account for global institutional investors, JPMorgan now plans to open an office in Copenhagen with 10-15 employees. The leading international finance company has assets of $1.5 trillion, and serves clients all over the world.
Kardorff Ingenieure (Germany)
Leading German architect company within lighting design is to locate in Copenhagen. Kardorff Ingenieure specialises in interior and exterior floodlighting of buildings, and has had year-long collaboration with Danish architects. The Danish subsidiary will be located on Vesterbrogade, a main road artery into Copenhagen city centre.
Kaspersky Lab (Russia)
The Russian antivirus company Kaspersky Lab is setting up a shop in Copenhagen. Kaspersky Lab provides products that protect information from viruses, hackers and spam for home users and enterprises and also offers consulting services and technical support.
LitePoint (USA)
Allerød outside Copenhagen has been chosen as location of the European headquarters for Silicon Valley-based LitePoint, a producer of measurement equipment for wireless devices such as mobile phones. Sweden and Finland were considered as locations, but the concentration of highly competent labour made LitePoint choose Copenhagen over the home countries of Ericsson and Nokia.
MAN Group (Germany)
MAN Diesel develops two-stroke marine engines at the Danish headquarters, and because of increasing demands for Danish know-how, MAN now plans to take on more than 100 people over the next two years.
Salesforce (USA)
California-headquartered software meteor opens office in Copenhagen, staffed with sales people and technical specialists. The company delivers on-demand customer relationship management (CRM) systems, and wishes to strengthen the local presence to get closer to the market, the customers and their needs.
WH Smith (UK)
One of the UK’s leading retailers enters the Danish market by opening five book stores in Copenhagen Airport. WH Smith runs more than 500 high street stores and more than 250 travel outlets at airport, train station and motorway service area locations, and is thus known by many international travellers.
Zurich Financial Services (Switzerland)
Swiss-based financial service provider opens a Copenhagen branch of Zurich Insurance Ireland Limited (ZIIL), the main EU-wide risk carrier specialising in offering general insurance cover for cross-border risks in Europe.
Note: The investment projects registered on these pages are based on the conditions set up by Ernst & Young’s European Investment Monitor database. Therefore, investment projects that are M&As, joint ventures, license agreements, retail and leisure activities, utility facilities, portfolio investments, production replacement investments, not-for-profit organisations and extraction facilities are excluded from the lists
