Connecting decision makers to a dynamic network of information Bloomberg quickly and accurately delivers business and financial information 2024 at 7:27 AM EDTUpdated on September 13 2024 at 9:59 AM EDTBookmarkSaveDenmark’s economy has become intertwined with Novo Nordisk A/S famous for its fast-selling weight-loss treatments but the pharma giant just got a bump down on the list of the Nordic country’s biggest revenue generators will almost double the freight company’s sales making it Denmark’s second-largest firm by that measure and pushing Novo down to third Welcome to Websitename.com. This site uses cookies. Read our policy Danish forwarder DSV has fulfilled all closing conditions for its acquisition of Germany-headquartered global freight forwarding and contract logistics business DB Schenker from Deutsche Bahn The €14.3bn transaction – which has faced opposition from unions as well as (reportedly) a rival bid from CVC – is expected to take place on 30 April and will create the world’s largest freight forwarder It will also strengthen DSV’s Air & Sea division adding more than 4m TEU of sea freight and around 2.5 tonnes of airfreight every year Among the conditions for the purchase were European Commission approval and the completion of a waiting period in the US Deutsche Bahn put DB Schenker on the market in December 2023; its sale to DSV was confirmed in September 2024 and approved by the supervisory board of Deutsche Bahn the following month DSV group chief executive Jens Lund said then that mergers and acquisitions would “remain a core pillar of our corporate strategy” alongside organic growth Time-critical logistics firm time:matters is opening two new offices in Southeast Asia as it responds to trade uncertainty Kuehne+Nagel’s (K+N) airfreight business had a positive start to the year with semiconductors and perishables leading the improvements Dachser’s air and sea division was the firm's star performer as market growth helped increase revenues by double-digit percentage levels Site powered by Webvision Cloud The OMX Copenhagen 25 Index gained 1% to 2,036.33 points surpassing the previous intraday peak of 2,023.445 hit in August 2021 This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page The sale of the Kalundborg refinery in Denmark to the Klesch Group was announced in June 2021 The transaction has now been completed after receiving the necessary approvals and the legal transfer was completed by 31 December 2021 The agreement covers the Equinor Refining Denmark A/S (ERD) company consisting of the Kalundborg refinery and terminal in the northwest of Zealand the Hedehusene terminal near Copenhagen as well as associated infrastructure and industrial property all ERD employees will be transferred to the Klesch Group with equitable employment terms as within Equinor “This transaction supports Equinor’s strategy to focus its portfolio around core areas Equinor will concentrate its refining position around Mongstad where the company can leverage its integrated industrial cluster expand the portfolio of low carbon energy products provided and contribute to Equinor’s efforts in the energy transition Kalundborg has provided solid results and strong efforts have been made to maintain safe and reliable operations also with the recent challenges caused by the pandemic” says Irene Rummelhoff Equinor’s executive vice president for Marketing The Klesch Group has been in refining for over 10 years and is well positioned to take the business further “I am so pleased that we were able to reach an agreement today to purchase the Kalundborg refinery from Equinor The refinery is first class and so are its people It was challenging during the covid pandemic to undertake this acquisition but through the hard work of both my team and Equinor’s team Given the proximity of our refinery in Germany I’m sure there will be lots of opportunities for both refineries to work together; especially when it comes to deploying our decarbonisation strategy” The Kalundborg refinery was built in 1961 and was acquired by Equinor in 1986 before significantly increasing capacity in 1995 The plant can process 107,000 barrels a day of crude oil and condensate for gasoline Annual production capacity is up to 5.5 million tonnes of oil products be dependent on approval by the Danish authorities Further commercial details on the transaction will not be disclosed with separate markets and largely their own competence bases.  Equinor will continue to develop the refinery business at Mongstad Mongstad is tightly integrated into Equinor’s oil and gas value chain and plays a significant role in the development of new value chains This transaction does not affect Equinor's ownership and/or operation of Danske Commodities The Klesch Group is an international industrial commodities group founded in 1990 The company is involved in the production and trading of oil and metals as well as other global commodities and related financial derivatives The group currently employs 650 professionals across seven locations in five countries Subscribe and receive news directly in your inbox Ingka Investments announces the acquisition of a 133,000 sqm Hedeland logistics centre in the Greater Copenhagen area The purchase is part of the real estate portfolio of Ingka Investments “Ingka Investments supports the continuous growth of IKEA Retail in the omnichannel transformation with investments in new capabilities One way to do that is by actively seeking long-term ownership of commercial multi-tenant real estate at prime locations.” The logistics centre investment serves as the second of its kind and follows the acquisition of Greenogue Logistics Park in Dublin back in March this year The acquisition is part of Ingka Investments’ ongoing strategy to invest in real estate in major cities where Ingka Group operates By owning more properties that increase in value over time it ensures the flexibility needed to accelerate overall growth One way to do that is by actively seeking long-term ownership of commercial multi-tenant real estate at prime locations we secure that IKEA Retail can grow and expand in prioritized cities secure critical locations for our omnichannel fulfillment network and through long term ownership enable automation leading to cost-efficiency and become more agile to meet customer expectations,” says Peter van der Poel The well-sought centre is the second largest in Denmark located in Hedehusene in the Greater Copenhagen area in close proximity to densely populated areas making it a prime location for transport and logistics operations The last mile properties use sustainable construction principles and are powered by solar panels the new location means IKEA Retail can fulfil 50 percent more customer orders compared to the previous center The warehouse can now also replenish and support three western Danish stores providing them with more commercial and fulfilment opportunities such as click and collect lockers in the IKEA Aarhus store providing customers more convenient and affordable pick-up options IKEA is committed to becoming the best omnichannel retailer for customers everywhere Head of Customer Fulfilment at Ingka Group says that “Acquiring this logistics space reflects our strong focus on retail and customer satisfaction It’s another important step towards understanding and meeting our customers’ needs We aim to increase IKEA omnichannel capabilities making sure that we can meet our customers’ preferences anytime and anywhere This logistics center strategically expands the IKEA network and retail ecosystem enabling us to operate more efficiently in terms of product range The new Copenhagen logistics centre will enhance the omnichannel experience allowing the organisation to better implement innovative solutions thus increasing the availability of IKEA products for Danish customers and its controlled entities) is one of 12 different groups of companies that own and operate IKEA retail under franchise agreements with Inter IKEA Systems B.V Ingka Group has three business areas: IKEA Retail Ingka Group is a strategic partner in the IKEA franchise system These IKEA stores had 657 million visits during FY21 and 4.6 billion visits to IKEA.com Ingka Group operates business under the IKEA vision – to create a better everyday life for the many people by offering a wide range of well-designed functional home furnishing products at prices so low that as many people as possible can afford it Read more about Ingka Group’s sustainability performance and commitments in the new Annual & Sustainability Summary report For further information, journalists and media professionals can contact us at [email protected] or by calling +46 70 993 6376 Ingka Investments acquires logistics centre in Greater Copenhagen Thank you for your interest in Ingka Group and IKEA By inserting my contact details and clicking the subscribe button I consent to receiving newsletters and other communication from Ingka Group to my email address as described in the privacy notice.​ To secure that we focus on what matters the most we regularly conduct a double materiality assessment which incorporates stakeholder input and research In the list you find the material topics identified in our latest assessment for each of the four better movements that form the structure for our report By filling in the form above and clicking ‘send’, I confirm that I have read and understood the Ingka.com privacy notice News release from Vestas Wind Systems A/S and DSV Panalpina A/S Aarhus and Hedehusene To serve a truly global and growing marketplace for sustainable energy solutions and secure industry-leading profitability Vestas is actively looking for partners that can help scale our business efficiently and we are excited to announce that Vestas and DSV Panalpina a world leader in transport and logistics services have formed a strategic partnership on transport and logistics DSV Panalpina will execute and manage Vestas’ general freight and special project transportation By combining Vestas’ volume and experience in special project transport with DSV Panalpina’s broader logistics expertise and scale the partnership aims to simplify Vestas’ global transportation setup as well as generate economies of scale and efficiencies for both companies scale advantages remain key to Vestas’ present and future success we want to work even more closely with our customers and partners as we scale our operations to meet global demand as well as handle the growing complexity from both components increasing in size and wind parks becoming more remote logistics and transport will grow in significance “We are very excited to partner with DSV Panalpina to meet the growing demand for our sustainable energy solutions,” said Henrik Andersen “Combined with the increasing size of wind turbines the global demand for wind energy is making logistics and transportation more complicated and we must therefore scale our business efficiently Partnering with DSV Panalpina is a great example of our intention to engage further in close and mutually beneficial partnerships across our value chain efficiency and sustainability performance” said “We are proud to enter into this strategic partnership with the world leader in renewable energy Vestas and DSV Panalpina have a long-standing relationship which we are excited to take to the next level Wind energy is a high-growth and highly complex global industry and we look forward to further enhancing our position in this market through our far-reaching global logistics network” Following the announcement of Vestas’ ambition to become carbon neutral by 2030 the partnership also includes a mutual commitment to reduce and eliminate CO2 emissions related to transport and logistics The partnership seeks to reap the advantages of combining DSV Panalpina’s global footprint with 60,000 employees in 90 countries and complete range of services across the entire supply chain with Vestas’ volume and unparalleled experience in special project transportation stemming from delivering and installing more than 70,000 wind turbines in 80 countries Vestas has around 500,000 inbound shipments a year and uses more than 900 vessels every year The partnership does not include outbound transport for Vestas’ Service business Vestas Tel: +45 4181 3922 Mail:  anprr@VESTAS.com DSV Panalpina Tel: +45 2541 6804 Mail: flemming.o.nielsen@DSV.COM   About Vestas Vestas is the energy industry’s global partner on sustainable energy solutions and service wind turbines across the globe and with 108 GW of wind turbines in 80 countries we have installed more wind power than anyone else Through our industry-leading smart data capabilities and unparalleled 91 GW of wind turbines under service and exploit wind resources and deliver best-in-class wind power solutions Vestas’ more than 25,000 employees are bringing the world sustainable energy solutions to power a bright future About DSV Panalpina DSV Panalpina provides and manages supply chain solutions for thousands of companies every day – from the small family run business to the large global corporation yet our presence is local and close to our customers 60,000 employees in more than 90 countries work passionately to deliver great customer experiences and high-quality services Subscribe  Gift a Subscription Equinor ASA has inked a deal for the sale of subsidiary Equinor Refining Denmark AS (ERD)—including the ERD-operated 107,000-b/d refinery at Kalundborg, in northwest Zealand, Denmark—to UK-based Klesch Group, owner of Raffinerie Heide GMBH’s 4.5-million tonne/year (tpy) refinery at Hemmingstedt Alongside the Kalundborg refinery and associated terminal in Zealand the proposed sale—which hinges on approval by Danish authorities—includes ERD’s Hedehusene terminal near Copenhagen and associated infrastructure and industrial property Further commercial details on the planned transaction including its value and timeframe for conclusion Klesch Group said it will retain existing ERD employees with equitable employment terms compared with those provided by Equinor Equinor said sale of the Danish refining assets supports its broader strategy of focusing on core areas which in refining center around subsidiary Equinor Refining Norway AS’s 266,000-b/d refinery in Mongstad The Mongstad plant specifically will play a major role in Equinor’s development of new value chains Given the Kalundborg refinery’s proximity to the Heide refinery said he expects its acquisition will provide ample opportunity for synergies between the two particularly with relation to implementing the firm’s decarbonization strategy Equipped to process a broad range of crudes and condensates from Scandinavia and Africa the Kalundborg refinery can produce up to 5.5 million tpy of finished products mainly for markets in the Baltic Sea area Robert Brelsford joined Oil & Gas Journal in October 2013 as downstream technology editor after 8 years as a crude oil price and news reporter on spot crude transactions at the US Gulf Coast He holds a BA (2000) in English from Rice University and an MS (2003) in education and social policy from Northwestern University Burns Logistics CEO Ed Burns wanted to provide a way to allow small carriers to create relationships with shippers that typically shy away from brokers Shippers are increasingly seeking so-called mini-bid contracts to bridge a transitioning market reflected by carriers cutting capacity With a “reintroduced” ground freight shipping option UPS hopes to tempt LTL shippers seeking alternatives to LTL rates that are up 12% on average from mid-2023 Reproduction in whole or in part without permission is prohibited your new go-to podcast to spice up your weekday mornings with relevant news and behind-the-scenes from Brussels and beyond From the economy to the climate and the EU's role in world affairs this talk show sheds light on European affairs and the issues that impact on our daily lives as Europeans Tune in to understand the ins and outs of European politics Dare to imagine the future with business and tech visionaries Deep dive conversations with business leaders Euronews Tech Talks goes beyond discussions to explore the impact of new technologies on our lives the podcast provides valuable insights into the intersection of technology and society Europe's water is under increasing pressure floods are taking their toll on our drinking water Join us on a journey around Europe to see why protecting ecosystems matters and to discover some of the best water solutions an animated explainer series and live debate - find out why Water Matters We give you the latest climate facts from the world’s leading source analyse the trends and explain how our planet is changing We meet the experts on the front line of climate change who explore new strategies to mitigate and adapt This webpage uses Cookies and JavaScript in order to work properly We strongly recommend to enable those technologies in yur browser In case of wrongly displayed content you can request necessary information at e-mail address wwwadmin@mzv.cz (This article expired 06.01.2017 / 15:00.) Czech ambassador to Denmark Jiří Brodský will visit the headquarters of the company Rockwool which is the world's biggest producer of thermal In Hedehusene will the Ambassador discuss with the Senior Vice-President of Rockwool International Henrik Frank Nielsen about the activities in the Czech Republic where the company has had production plant since 1998 Rockwool is one of more than ninety Danish investors operating in the Czech Republic in the long-term the company has 245 employees and since 2013 has invested more than one billion Czech crowns to modernize production construction of storage areas and the revitalization of the local manufacturing facility If you are interested in receiving information about our events You can read this article in 3 minutesGregor Gowans Danish logistics company DSV has opened a new 95,000 m2 warehouse and office building near Copenhagen The company says the new warehouse will be part of one of the largest logistics centres in the Nordic Region spanning an area of 231,500 m2 by the end of 2022 The 95,000 m2 warehouse will be the largest on DSV’s plots in Hedehusene where the company’s global headquarters are also located a fourth warehouse of around 38,000 m2 is expected to operational by the end of the year the 231,500 m2 site will be one of the Nordic Region’s largest single-user logistics facilities the overall project is one of the most ambitious warehousing and logistics projects we’ve seen on Danish soil in recent years Especially the most recent building is huge The warehouse is divided into multiple sections enabling us to support many different types of customers with their warehousing needs and distribution,” said Marcel Blomjous Managing Director of DSV Solutions Denmark the larger of the two warehouses includes DSV’s largest AutoStore installation – an automated storage and picking solution that uses robotics to effectively collect goods in a three-dimensional grid structure then deliver them to the manually operated packing station GMP and GDP-certified cooling and freezing facilities have also been constructed DSV says this makes it possible for healthcare companies with very stringent storage requirements to handle their products in accordance with the existing rules and at several temperature zones – even as low as -80 degrees Celsius it has been important for us to create versatile facilities that can meet many different customer needs regardless of whether the customer is a healthcare company that needs to store its products at extremely low temperatures or a fast-growing e-commerce business with a need for automated solutions we can meet those needs,” said Marcel Blomjous The building has also received DGNB Silver pre-certification for its sustainability The complex sports solar cells on parts of the roof as well as an innovative battery solution It is claimed that the solar cell and battery solution can reduce carbon emissions by up to 42% relative to a scenario without solar cells and battery The battery stores solar energy during the day that can be used during the evening and night while surplus energy can even be supplied to the national grid If the solution yields the desired results DSV says it will be rolled out in more of its warehouses in the future Pölös Zsófia Journalist Trans.info | 5.05.2025 Agnieszka Kulikowska - Wielgus Journalist Trans.info | 5.05.2025 Sabina Koll Journalist Trans.info | 5.05.2025 GXO to manage Northern Italy transport operations for PRG retail groupPölös Zsófia Journalist Trans.info | 5.05.2025 Panalpina shares jumped as much 16 percent to 192.80 francs while DSV was up 0.1 percent as of 2:41 p.m Construction Week India Home > Business > Rockwool opens experiential center The 2500 sq-ft centre will assist customers in experiencing the real-life scenario a Danish multinational manufacturer of mineral wool products headquartered in Hedehusene has launched its first ever experiential center in India Ambassador at the Royal Danish Embassy to India inaugurated the experiential center in Dahej The experiential center will enhance the whole interaction each customer has with Rockwool as a brand by representing the company and its values The 2500 sq-ft centre will assist customers in experiencing the real-life scenario and will have specially crafted product demos a proper demonstration of the manufacturing process’ ability to solve problems will be included The Rockwool representatives at the center will also discuss the difficult choices that customers must make when purchasing stone wool The company also plans to establish similar centers across prime manufacturing centers in the country The brand started Roxul Rockwool Technical Insulation in India in 2011 and their manufacturing plant was set up in Dahej SEZ This plant has a state-of-art facility with an installed capacity of 30000mt stone wool insulation ‘India’s construction sector is expected to grow to EUR ~696 bn by 2025 The sector is expected to generate an increased demand for insulation materials especially for industrial & commercial construction segments thereby positively impacting the insulation market.”