Services for 94 year old Bertha Johnson of Ringsted will be Wednesday
May 7th at 10:30am at the First Presbyterian Church of Ringsted
Visitation will be Tuesday from 5pm to 7pm at the First Presbyterian Church in Ringsted
Henry-Olson Funeral Home in Armstrong is in charge of arrangments.adButlerLazyLoad("293066045059097255",100,["731206","731206","731206"],"177045");
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The city of Spencer will hold another flood meeting Wednesday night at Sacred Heart Parish Hall
The Spirit Lake police department has released information about a collision between a passenger vehicle and a cement truck
Even with diminished winds over the weekend
things are so dry that a planned burn near Wallingford got out of control
IA (Northwestiowanow.com) — Dickinson County Treasurer Kris Rowley says after several delays
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He was the second of 6 children – Carl
He married Shirley Williams on December 27
He started school in a one room schoolhouse when he was 4 and went through the eighth grade there
He then attended Ringsted High School and graduated in May of 1944 when he was only 16
He then attended the University of Iowa for a year and a half and two summer schools before enlisting in the U.S
He farmed West of Emmetsburg from 1947 to 1951
He was called back into the Army Reserves in 1951 during the Korean Conflict
he rented his father-in-law’s farm near Ringsted and later purchased it in 1955
Ray and Clarice had 4 children – Stewart (Kathie Naig)
Diane (Neil Guess) and Steven (Debbie Fletcher)
Ray and Clarice had 12 grandchildren and 28 great-grandchildren
In 2011 Ray and Shirley moved to Spencer and enjoyed retirement
We extend a special thank you to Shirley and her family for loving and taking care of dad over the many years
Deb (Don) VanGilst and Tammy (Greg) Jones; 5 step-grandchildren and 14 step-great-grandchildren
Ray loved to tell stories of growing up on the farm; the terrible winter of 1935/1936
his parents buying their first tractor when he was 8
driving the 1934 Chevy (school bus) World War II news and more
he was asked by his officers (he had exceptional eyesight) to track the telescope and report to the General the first rocket sent into space
The General told him after “you just saw the beginning of the space age.”
He built the first automatic cattle feeding setup in Northern Iowa in 1957
He bought one of the first big modern tractors with a cab
He continued to buy land throughout his life
He was lonely after Clarice died and so he attended Iowa State’s Agricultural program for 2 winters and graduated with his degree
He said education is a lifetime effort and so very important
Ray also loved his violin and old country music
He loved his collection of 70 antique tractors and pickups and passed them onto his family
He loved playing with his grandchildren
playing on the floor under the dining table with them
eating tomatoes off the vine and sprinkling salt on them on the go
letting them sleep with him in the red hotel when they were little
“Such great loveable grandchildren”
Ray was a great caretaker for family
He served many years as the school board president and his church president
His love for us all will never be forgotten
He loved to tell the story of when he was about 12 that his Sunday School teacher told the class “you are now at the age when you need to decide
will I go with the way of the Lord or with the ways of the world”
He loved to tell us all that “The best is yet to come”
He is now smiling in Heaven with all the Saints who have gone before him
Blessed be the memory of Ray Ohrtman
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RINGSTED — Visitation services for Norman Rasmussen will be from 4 to 7 p.m
16 at the United Lutheran Church in Ringsted
Rasmussen will be laid to rest at a later date at St
John’s Lutheran Cemetery in Ringsted
memorials may be given to the United Lutheran Cemetery Fund or Happy Hoofers Relay for Life
Norman Iver Rasmussen the son of Thorvald and Christina Rasmussen was born Oct
Left to cherish Norman’s memory are his children
Julie of Spirit Lake; Kelly Rasmussen of Ringsted; Michael Rasmussen of Ringsted; Susan Rasmussen of Mountain Home
Ark.; Amanda Morris of Ringsted; several grandchildren and great-grandchildren; siblings
Arne Rasmussen of Milford; Erik Rasmussen and special friend
Minn.; Marie Godfredsen of Sibley; and James Rasmussen of Mesa
Copyright © 2025 Ogden Newspapers of Minnesota
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Hannah Jo Johnson was born on December 18th
and love for animals became clear at an early age
2023 from injuries sustained in a car accident resulting from an epileptic seizure
Her thoughtfulness and ability to brighten the lives of all of those around her will be very sorely missed.
Hannah is survived by her fiancé Curtis Larson of Ringsted
her grandmother Janice Johnson of Winnebago
her parents Tracy and Katy Johnson of Blue Earth
her sister Liz (Ulferts) Vanderwerff of Cloquet
her nieces Madison and Marlee Vanderwerff and Melanie Johnson
A Celebration of Life for Hannah will be held at Patton Funeral Home in Blue Earth
ZURICH, Feb. 1, 2017 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced that Sean Ringsted has been appointed Executive Vice President
Ringsted will lead Chubb's digital efforts aimed at transforming the company into a digitally integrated organization
He will continue to serve as the company's Chief Risk Officer
Paul O'Connell has been promoted to Senior Vice President
O'Connell is Vice President and Chief Actuary
Ringsted will lead the transformation of all areas that produce and support Chubb's business into a digital environment
"Chubb's vision of digital integration encompasses all underwriting
sales and service functions that touch prospective customers
as well as deepening our insights and transforming the nature of the product we sell and service – in a word
converting the company to a digital enterprise," said Mr
experience and depth of industry knowledge to lead this strategically important mission for our company
While transformations don't occur overnight
I have the greatest confidence in Sean's leadership to drive steady and substantial progress to achieve this strategic objective."
O'Connell will oversee all actuarial functions
pricing and capital performance measurement
Executive Vice President and Chief Financial Officer
"We are delighted to promote and appoint Paul to the important role of Senior Vice President and Chief Actuary
Paul's extensive experience is matched by his judgment
technical capabilities and management," said Mr
"He has the skills and broad operational perspective needed to guide the actuarial function at Chubb and ensure our continued commitment to risk management excellence."
Ringsted has 25 years of experience in the insurance industry
he is responsible for the continued development and implementation of Chubb's risk management strategy and processes
and for ensuring a consistent risk management framework across the company
Prior to ACE's acquisition of Chubb in January 2016
Ringsted was Chief Risk Officer & Chief Actuary of ACE Limited
was appointed to the additional role of Chief Risk Officer
Ringsted's previous leadership roles at ACE include serving as Executive Vice President and Chief Risk Officer for ACE Tempest Re from 2002 to 2004
and Senior Vice President and Chief Actuary for ACE Tempest Re from 1998 to 2002
Ringsted was a consultant at Tillinghast-Towers Perrin
Ringsted holds a Bachelor of Science degree in Biochemistry from Bristol University and a Doctorate in Biochemistry from Oxford University
He is a Fellow of the Institute of Actuaries (FIA)
Paul O'Connell has more than 35 years of experience in the property and casualty insurance industry
Prior to ACE's acquisition of Chubb in January 2016
he was a principal at PricewaterhouseCoopers
actuarial practice and he served as a member of the firm's global insurance leadership team
He began his career at Continental Insurance
where he served in various roles of increasing responsibility
ultimately as Vice President and Deputy Chief Actuary
O'Connell has a Bachelor's degree in Mathematics from City University of New York
He is a Fellow of the Casualty Actuarial Society
a member of the American Academy of Actuaries and a Fellow of the Canadian Institute of Actuaries
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Live Cast
Iowa resident passed away at age 93 in Elkhorn
LaVaune was born on a farm in Wallingford
Iowa to Viola (Gilbert) and Sam Natterstad
1951 LaVaune married Allen Glasnapp in Wallingford
They started their married life farming near Ringsted
She participated in many community groups and activities
and was an active member of United Lutheran Church in Ringsted
She especially enjoyed singing in the church choir and the Women’s Circle groups
LaVaune and Allen owned and operated a flooring business
Allen’s Floor Covering for 35 years in Ringsted
Nebraska; grandchildren Douglas (Lindsay) of Fort Worth
A memorial service will be held in Ringsted at a later date
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PATRIZIA has agreed the acquisition of Ringsted Outlet - Denmark's only premium outlet village
has agreed the acquisition of Ringsted Outlet
through its flagship value-add fund TEP VII
The outlet is located in the heart of the Zealand region
and within a 45-minute drive of more than 2 million people
Ringsted Outlet has an occupancy rate of 97%
and features a strong brand mix with a number of key anchor tenants
as well as numerous other international fashion brands such as Guess
The property is easily accessible by car and benefits from good public transport links
with direct trains from Ringsted to central Copenhagen in just 35 minutes
the asset delivered strong performance in 2021
with turnover and footfall both materially up on pre-pandemic levels
Ringsted Outlet also benefits from substantial value-add opportunities
with the potential to expand its GLA to further strengthen its premium tenant mix and enhance the overall customer experience
PATRIZIA’s acquisition has been made in partnership with REALM
a leading specialist outlet centre operator
REALM will act as a third-party asset manager of the property
bringing a wealth of expertise and an opportunity to further drive the performance of the asset
REALM will hold a minority stake in the property
PATRIZIA and Fund Director of the TransEuropean Fund Series
said: “Ringsted Outlet is a strong addition to our investment portfolio
consistent with TransEuropean’s balanced income and capital growth strategy
We’re pleased to have secured this high-quality asset
which follows several months of meticulous occupier-based research and builds on PATRIZIA’s 15 years of outlet ownership experience in the Nordic region
In addition to the centre’s robust performance and enviable tenant mix
there are numerous value-add opportunities that we will be looking to unlock together with our JV partner REALM.”
Managing Director of Pan-European Transactions
PATRIZIA Denmark Country Manager and Head of Asset Management
added: “The acquisition of Ringsted Outlet represents an exciting expansion of PATRIZIA’s c
EUR 2.5bn Nordic real estate portfolio and increases TEP VII’s strategic presence in the Danish market
The outlet sub-sector continues to outperform traditional retail segments thanks to its strong value proposition
unique customer experience and the close alignment on performance that turnover rents provide
We look forward to enhancing Ringsted’s retail offering in partnership with REALM
as well as pursuing further outlet centre investment opportunities in Europe.” Ringsted Outlet was acquired from CapMan and AGAT Ejendomme for DKK 390m (c
PATRIZIA was advised by Bruun & Hjejle (legal)
KHR (technical) and Colliers International (commercial)
PATRIZIA: A leading partner for global real assets With operations around the world
PATRIZIA has been offering investment opportunities in real estate and infrastructure assets for institutional
semi-professional and private investors for 38 years
PATRIZIA manages more than EUR 57 billion in assets and employs over 1,000 professionals at 28 locations worldwide
PATRIZIA is committed to social responsibility
The Foundation has helped around 250,000 children in need worldwide gain access to education and thus
has given them the chance of a better life over the last 23 years
You can find further information at www.patrizia.ag
Contact: Ed Whittaker Corporate Communications Phone: +44 7881 276427 [email protected]
FAIRMONT — Mass of Christian Burial for John “Mike” M
Burial will follow the service in Calvary Cemetery
and one hour prior to the time of service Thursday at the church
Mike passed away peacefully with his wife by his side on Saturday
Lakeview Funeral Home and Cremation Service in Fairmont is assisting the family with arrangements
John “Mike” Michael Kimmet was born July 6
Iowa and graduated from Ringsted High School with the class of 1961
Mike was united in marriage to Kay Pedersen at St
the couple would make their home in Ringsted for two years before making the move to a farm near Fairmont
Mike and Kay would also welcome home three children
Mike knew the value of a strong work ethic
He would go on to work for John Deere in Ringsted at the age of 13 and would continue working there until moving to Fairmont
Following Mike and Kay’s move to Fairmont
Mike worked for Gouls Concrete in addition to farming and raising pigs
He worked for a brief time at Universal Poly Film and in the evenings
Mike retired from raising pigs and started Kimmet Tree Service and began hauling firewood
Mike found great joy in completing a difficult task
Whether it was hauling a truck load of wood or heading out the garage and pumping iron even later in life
he was never one to shy away from a challenge
trying his luck at catching the next story making fish and loved the memories made heading north to Canada on fishing trips for over 30 years
He had a passion for junking and was always on the lookout for the next thrown away “treasure.” He was a sharpshooter
taking home many trophies and winning many competitions in trap shooting and was a member of the American Trap Association
especially when it came to his many four-legged friends that he had through the years
Mike loved his family and cherished spending time with his children and grandchildren
and David (Marri) Kimmet of Fairmont; grandchildren
Scarlett Rose Kimmet and Piper Rose Blume; brother
Alice Jacobson and Louise Carley; as well as many nieces
George; several in-laws; and other extended family
is located in rural Emmet County about two miles south of Ringsted on 550th Avenue
The barn sits on a quaint little acreage and is the focal point of the site
“I love my barn,” Roxanne Christensen said
Christensen lives on the acreage with her llamas and dog
The barn is as important today as it was 70 years ago
Jerome Henricksen and his wife Amelia moved to the farm in 1942
They grew crops but had no place to raise animals that would shelter them in the elements
Henricksen contracted a local carpenter from Ringsted
The barn was believed to have been built around 1950 through the efforts of Ostegaard
and the helping hands of many friends and neighbors
It has stood proudly for almost 70 years as a home for many different animals
Henricksen milked cows in the barn and other farm animals called it home for many years
Henricksen and his wife had two boys that grew up calling the farm home
Jerome retired from farming and moved into town
He rented the farm to Jerry and Roxanne Christensen before eventually selling it to them
Jerry and Roxanne Christensen kept the tradition of the farm barn alive when they began renting the farm from Henricksen
They continued to use the barn to house hogs and cattle and eventually llamas
Jerry and Roxanne raised their boys on the farm until they were grown
the Christensens would go to some of the local fairs in the area and this is where Roxanne fell in love with llamas
they purchased their first llama and the rest is
Grazing pens were constructed out of white rail fencing and the pens are the first things that catch your eye and you then follow them to the barn
the red barn has housed Roxanne’s show llamas
Roxanne and a friend of hers have been showing llamas at county fairs for many years and she has about a dozen llamas currently that have different coat textures
which are used to produce different fabrics
“I use to take the wool to my mom and she made me a bunch of scarves out of the llama wool,” Christensen said
we load the llamas and take off for a fair,” she said
Christensen wasn’t so sure what the llamas thought of the experience
“They are fairly tolerant of the rid and the noise associated with a fair,” she said
“They are not the happiest animals when it comes to getting a bath
and their wool trimmed to get ready for a show
“It’s getting harder and harder to show my llamas and I do miss it.”
The unique silhouette on the haymow door was made by a neighbor of Christensen’s and is made out of a 1-inch piece of solid steel
which was not easy to hang with only a couple of people
Also unique to the barn is the flower boxes on the front windows that are planted every year
The Red Llama Barn has had other uses in the past
It has been hosted a live Nativity several times during the Christmas season
“These old barns are a dying landscape picture of history,” Christensen said
“Keeping the old barn painted and in good repair is very important to its continued longevity
ROCKWELL CITY — The Calhoun County Economic Development Corp
has announced the availability of funding through ..
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Insurance wasn’t Sean Ringsted’s original calling
But while studying biochemistry on the way to academia’s upper echelons
he had a realization that made him change his career path altogether
“I reached a point in doing my post-doc that I figured I wasn’t going to be the best researcher,” he says
“I looked around and went into the insurance industry as a trainee actuary in London.”
first to the US and then to a small insurance startup in Bermuda
Ringsted, who’s been Chubb’s chief digital officer since last February, says his time at the startup set him up for his future position.
“We were probably one of the first true insurtechs,” he explains. “We were very small, we were very agile, we were very nimble, and we put technology right into the hands of underwriting. So, 20 years later, we’re back full circle.”
While at ACE, Ringsted served in many roles: first on the reinsurance side as the senior vice president and chief actuary for ACE Tempest Re from 1998 to 2002, and then as executive VP and chief risk officer for the next two years. He was named chief risk officer of ACE Group in 2008 and executive VP in 2014, just prior to the company’s acquisition of Chubb in 2016.
One standout moment for Ringsted was being part of the team charged with combining ACE and Chubb’s operations following the merger – a difficult job because of the sheer scale and size of the two organizations and their systems.
“We’ve accomplished something that I take a lot of pride in,” he says. “You might think it a challenge to put together two very large organizations – you’ve got two different cultures and philosophies – but the success was really underpinned by a shared philosophy and love of underwriting.”
Two years aftZr the merger, a key part of Ringsted’s work is making the combined company’s footprint more digitally integrated. Throughout his career, he’s spent a lot of time on the data and analytics side of the business, which has been core in helping Chubb take the next digital step.
“We’re working on a number of fronts, as you might expect – thinking about our front end, the product and the service that we provide to the clients, and the customer experience and making that more digital,” he says. “Internally, it’s around how we can use some of these new tools and data to make smarter and more effective underwriting and claims decisions, and to make sure that people are doing the right tasks as effectively as possible.”
With a company as large as Chubb, putting everyone on the same digital page can be arduous, but even more of a challenge, Ringsted says, is figuring out what’s working and what isn’t and directing resources to the right projects. Nonetheless, the company’s size has actually made it easier to find solutions.
“If you’re thinking about trying to change a large organization such as Chubb, I think [size] is actually a strength for us,” Ringsted says. “Our size and the products we have and the geographies we have give us a lot of opportunities and options to effectively experiment and try out new ideas and products.”
A discussion around digital integration wouldn’t be complete without addressing the cyberattacks that have long been an area of concern for the industry. Chubb has a heightened awareness of these events, and the insurer has solid infrastructure and data breach tools in place to help defend it against cybercriminals.
“Customers are much more demanding,” he says. “They have an expectation when they’re transacting digitally, and they have an expectation around their customer experience. We have to be able to respond to that, and if you are providing information to an agent or a broker, we want that to be as efficient as possible.”
However, he also stresses the importance of having real people on the ground during events such as 2017’s natural disasters. During the hurricanes, more than 95% of Chubb’s customers were contacted in less than five seconds by a human being, not a machine or third party.
“We can have all the tools and data in place, but having somebody there at that time of need is just incredibly important,” Ringsted says.
“I think we’re really well placed to succeed, [and] we will thrive as a company of the digital age,” he says. “We’re going to be there to serve our customers with products and services to meet their needs as they go about their lives in the digital economy. All that will be done with a human touch where we need it.”
Courtesy of Gottlieb Paludan ArchitectsA panel of judges including Mayor Henrik Hvidesten has chosen Gottlieb Paludan Architects’ proposal as the winning entry for a new pavilion to be completed in Ringsted Square, Denmark in 2018
There is so much history in and around Ringsted Square
I am therefore delighted that the winning project gives us a pavilion that will not just integrate with the overall architecture of the square; it will also forge a link with history
and provide a new focal point of the square and its many functions
If you have done all of this and still can't find the email
Text description provided by the architects. The coffin is first carried from the hearse to a quiet and peaceful room for last goodbyes. From this quiet room, friends and relatives of the deceased have the option to follow the coffin and observe the cremation through a window into the furnace room. The 12-meter-tall furnace room is flooded with daylight; brick walls and granite floors are lit throughout the day by windows placed high on the East and West gables, which face the woods.
The crematorium is designed with consideration for the people who work there. The new furnace room creates good indoor climate and working conditions while also offering a worthy atmosphere for the relatives of the deceased. Users of the space are able to enjoy the light as it changes throughout the day and the year. The warm light reflects on the walls and flows in along an undulating ceiling.
© Anders Sune BergThe Ringsted Crematorium is built to meet new standards for flue gas purification and replaces eight former crematoria in the region
The design places an emphasis on flexibility
both with regards to function and to non-religious spaces
in order to sensitively accommodate all types of memorial gatherings
the surrounding site will function as a cemetery
and relatives will be able to pick up the urn from the crematorium and bury it at the cemetery
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Aristos is a Newsweek science and health reporter with the London
He is particularly focused on archaeology and paleontology
although he has covered a wide variety of topics ranging from astronomy and mental health
Aristos joined Newsweek in 2018 from IBTimes UK and had previously worked at The World Weekly
He is a graduate of the University of Nottingham and City University
You can get in touch with Aristos by emailing a.georgiou@newsweek.com. Languages: English
either observed and verified firsthand by the reporter
or reported and verified from knowledgeable sources
Translations may contain inaccuracies—please refer to the original content
Metal detectorists have discovered a "unique" artifact that archaeologists say features a depiction of Alexander the Great
and is mystifying the experts surprised at the location of the find
Finn Ibsen and Lars Danielsen came across the object in question
a small bronze fitting measuring around an inch across
near Ringsted—a city located centrally on the island of Zealand
"[A] mysterious and absolutely incredible find in the field," Museum West Zealand said in a Facebook post
"Finn and Lars were out with the metal detector in a field near Ringsted
and their eyes widened when it dawned on them what they had suddenly found
The bronze disk is thought to date to around the year A.D
200 and bears a portrait of Alexander—one of the greatest rulers of antiquity—on one side
Alexander the Great ruled the ancient kingdom of Macedon—centered on the northeastern part of the Greek peninsula—between 336 B.C
creating one of the largest empires ever seen—spanning from Greece to northwestern India
he is widely considered to be among the most successful military commanders in history
Alexander was already being venerated in the first centuries after his death
becoming a significant role model for Roman emperors
even saw himself as the reincarnation of Alexander
"[Alexander] became a legend with which power could be justified
Many subsequent rulers wanted to use his face to show a connection to Alexander's greatness," archaeologist Freerk Oldenburger with Museum West Zealand told Danish media outlet TV2 Øst
Alexander is easily recognizable on the bronze fitting found near Ringsted
thanks to the wavy locks of hair and ram horns beside the ears
Up here in Scandinavia you don't usually find anything about Alexander the Great," Oldenburger told TV2 Øst
the portrait is very similar to one found at the Illerup Ådal archaeological site on the Danish mainland
This was the site of a great battle between two Germanic tribes that took place around A.D
200—roughly when the bronze artifact from Zealand was made
the survivors collected weapons and equipment from slain warriors and ritually demolished these
the weapons and equipment were sacrificed by throwing them in a lake," Oldenburger told Newsweek
Among the objects found at the site were shields featuring small decorative disks with portraits of warriors
And one of these bears the aforementioned image of Alexander the Great
which resembles the portrait on the artifact from Zealand
"The [Zealand] discovery is of great archaeological significance and the object is very rare," Oldenburger said
which was found in the famous weapon deposits of Illerup Ådal in Jutland
The Illerup Ådal mount was attached to a shield and is of gilded silver
The newly discovered [artifact] from Ringsted on Zealand has been cast in bronze but is otherwise similar to the Illerup Ådal example
But despite the clear depiction of Alexander
the latest find raises many more questions than answers at this stage
it is not clear if the object was created by the Romans
who used the same lead-containing alloy for casting statuettes
Was it cast by the Romans from a remelted statuette
or did the remelting take place on Zealand
The territory conquered by Rome never extended to the area occupied by modern Denmark
And there is no evidence that Roman armies were ever present in the region
But the Romans did maintain trade links with the Germanic peoples who once lived in this region
"Perhaps the Ringsted mount was fastened to the shield of a Germanic veteran returning from Roman military service," Oldenburger said
"It might also have been brought back as plunder from wars near the Roman border in the south
it needs to be mentioned that around 200 A.D
there were many Roman influences in Denmark
many Germanic graves from the period have been uncovered with objects imported from the Roman Empire."
Did they believe that it could bring good luck on the battlefield
Were they even aware of who the face represented
"It is uncertain whether Germanic warriors actually were aware that the ornaments depicted Alexander the Great and perhaps they gave the portraits their own meanings
for example in the shape of local deities," Oldenburger said
considering the many Roman influences in Denmark at the time
they might very well have heard of Alexander's myth
The legend of Alexander the Great was known over huge areas of the Eurasian continent."
It also not clear what the function of the object was
It may have been a decorative disk for a shield
or it could have formed part of a belt sword holder
shows that even the smallest archaeological objects can hide absolutely incredible stories," archaeologist Oldenburger added in a press release
"This is a unique find in Scandinavia with connections to one of the most famous personalities in world history."
Do you have a tip on a science story that Newsweek should be covering
ET: This article was updated to include additional comments from archaeologist Freerk Oldenburger
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The Dolliver Post Office will close Monday
Due to several safety concerns stemming from disrepair
Postal Service has decided Monday to suspend work at northern Iowa post office
Dolliver's post office is a leased facility
and the postal service says its landlord has not complied with requests to address its concerns
temporary cluster-box units for post-office-box delivery will be provided at 5078 Main St.
Customers may get their CBU keys from the Dolliver Post Office until Monday
all remaining CBU keys will be available at the Ringsted Post Office
The Ringsted Post Office will also take on the Dolliver facility's retail operations
The Ringsted office is open Monday through Friday from 8 to 11 a.m
Customers currently receiving street delivery will be able to retrieve hold mail and notice left items at the Ringsted Post Office with a photo ID
will provide additional retail services during the hours of Monday through Friday
Postal Service officials say they aren't sure when services in Dolliver might resume
but a community meeting will be held in the coming weeks to discuss options for potential alternate quarters
CapMan and Agat Ejendomme have agreed to sell Denmark’s only outlet village Ringsted Outlet to Patrizia for DKK 390 million
CapMan Nordic Real Estate Investment S.À.R.L
in their joint venture with Agat Ejendomme A/S have signed a sale and purchase agreement for the sale of Ringsted Outlet to Patrizia for DKK 390m (c
representing one of the only outlet centre sales to take place in continental Europe since before the start of the COVID-19 pandemic
Closing is scheduled for 31 January 2023. The asset will be included within Patrizia’s fund TransEuropean VII LP (TEP VII)
13,400 sq m scheme has evolved from a relatively unfamiliar concept in Scandinavia to a well-established premium outlet centre with proven performance and brand loyalty
With a total of nearly 50 retailers and two restaurants
the open-air village is anchored by top performers Hugo Boss
Ringsted Outlet proved resilient throughout the COVID-19 pandemic and in fact
despite only 10 months of trading due to forced store closures
2021 was Ringsted Outlet’s best year on record in terms of both footfall and turnover
Managing Partner at CapMan Real Estate states that “The outlet centre market has proven to be incredibly resilient with sales at Ringsted Outlet outperforming pre-pandemic levels
The new shopping habits that have developed over the past few years mean that outlets are more popular than ever
Customers are reconnecting with experiential retail and continue to seek out discounted high-quality goods in a comfortable
CEO of Agat Ejendomme adds that “I’m proud being the initiator of the development of the only outlet village in Denmark
The KPIs at Ringsted have been steadily improving since its inception in 2008
confirming the quality and effectiveness of the outlet centre’s management
We have completed an ambitious business plan over the past 14 years and have continually invested in offering the best shopping experience for our customers.”
“The outlet market remains an attractive retail sub sector for investors across Europe as most have shown resilience in trading
it benefits from a well-balanced tenant mix and potential for future growth”
who was the seller’s commercial advisor on the transaction
Head of Capital Markets at CBRE Denmark adds that “The Danish retail sector continues to show resilience with stable footfall and turnover figures despite recent years’ challenges
Investors find the risk-adjusted returns attractive compared to other real estate segments and are actively looking at opportunities within this space.”
CapMan Nordic Real Estate is CapMan’s first pan-Nordic value-add real estate fund
The fund is in carry with three assets remaining
The team is currently investing from its third €564 million value-add fund
Kromann Reumert and EY advised on the sale
Agat Ejendomme is a Danish NASDAQ listed real estate company. The primary focus is the holding, operation and optimisation of shopping - and outlet centres. Read more at www.agat.dk
Christian Ebbin and Magnus Ringsted recently broadened their sailing horizons in Miami
The pair attended a high-performance training camp and also made their debut competing against others in the double-handed 29er class on the waters of Biscayne Bay
“It was a success and we learnt a lot of new things training in Miami with some of the top sailors in the US national team,” Ebbin said
“It was good and we definitely accomplished what we needed to on the training front.”
Ebbin and Ringsted were put through their paces by a team comprised of athletes
coaches and experts at the week-long training camp organised by 2Niner
They then competed in their respective class at the International 420/ 29er Midwinters East Skiff Generation Grand Prix organised by the Miami Yacht Club Sailing Foundation and held from February 13 to 15
The pair finished 15th among the 21-boat 29er fleet
with a best showing of tenth in the ten-race series won by USA’s Clark Morris and Noah Zittrer
Ebbin and Ringsted began sailing in the 29er last June
“We decided to switch to the 29er from the Optimist dinghy after the Opti Worlds [2020] was cancelled [because of Covid-19],” Ebbin added
Ringsted added: “The summer sailing plans didn't exactly go as planned
and we've worked hard learning how to handle the 29er
which is quite a change from our old Optimist.”
The 29er is a sailing skiff derived from the Olympic class 49er and is capable of exceeding the wind speed when planing both up and downwind
and it has been a huge transition and a lot of work
“We have basically been training on our own the past six months back home
so being in Florida was our first time training with others in the 29er.”
Ebbin and Ringsted competed in the only 29er among a three-boat dinghy fleet
at last summer’s Heineken Round the Islands Race organised by the Bermuda Sailing Association
They were declared the winners on corrected time against two other Sunfish
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The Copenhagen-Ringsted High-Speed Railway line is the first high-speed railway in Denmark
It is being built with an estimated investment of $1.83bn
The Copenhagen-Ringsted High-Speed Railway line is the first high-speed railway in Denmark
The line is being built with an estimated investment of $1.83bn
The project broke ground in October 2012 and is expected to be completed in 2018
Rail Net Denmark (Banedanmark) is undertaking the construction of the new dual-track electrified railway project
The proposals to improve the railway transportation between Copenhagen and Ringsted were first made in 1993
The proposed plan was to construct new main tracks between Hvidovre and Taastrup
the Rail Planning Committee decided to expand the railway lines in order to meet passenger capacity between Copenhagen and Ringsted
The Committee suggested various options such as expansion with two new tracks
The Planning Act passed in 1997 included the plan to construct a new line between Copenhagen and Ringsted
The Planning Act committee gave three solutions for the project
It included either expanding the tracks by constructing two new tracks alongside the existing lines or construction of two new tracks from Copenhagen to Ringsted via Køge
including an option for the construction of a new station at Køge
A combination of both expansion and new construction were also considered
After making several changes in the plans from 2000 to 2009
the project was finally approved with the proposal of constructing two new lines between Copenhagen and Ringsted
The Project received approval from the Danish Parliament under the Construction Act that was passed in May 2010
The construction of a new railway line forms the first stage of the ‘one hour target’ plan
which aims to reduce the passenger travel time from Denmark to cities such as Copenhagen
The existing railway system from Copenhagen to Ringsted is one of the busiest routes in Denmark
It is used by a large number of commuters travelling from Denmark to various cities
The new lines built between Copenhagen and Ringsted will reduce the journey times of passengers travelling between Copenhagen and Haslev (59 minutes to 38 minutes)
Copenhagen and Køge Station (38 minutes to 24 minutes)
and Hårlev and Copenhagen (61 minutes to 45 minutes)
The new dual-track line from Copenhagen to Ringsted will pass through the cities of Hvidovre
A major stretch of the line will continue along with the motorway network
The new route starting at Vigerslev as a separation from the current line runs towards Vigerslevparken
It continues on the north side of the Holbæk motorway and passes under the road to run along the south side of the motorway to VallensbækMose
took light rail and metro technology to another level in October 2002 by opening an extensive system capable of being operated entirely without drivers
The project gained momentum through the area to be covered not being on the city’s S-tog suburban heavy rail network
The line then passes over Motorring 4 to follow the west side of the Køge Bugt motorway before arriving at new Køge Nord Station
It will then run along the north of the West motorway to Fjællebro before reaching its ending point at Ringsted
The line will also be linked to a 180km railway line that passes from Copenhagen to the German border
The construction of Copenhagen-Ringsted rail project includes a new 60km dual-track and electrified railway line
It is the largest rail project undertaken by Banedanmark
It will be designed to handle speeds of up to 250km/h for passenger trains
The construction works will involve a new dual-track line between Copenhagen Central Station and Ny Ellebjerg Station
a 2km-long overtaking track in Ringsted station and new platforms at the Ny Ellebjerg Station
The project also includes the construction of a new station called Køge Nord Station by 2016
The new railway track at Køge Nord Station will be connected to the Lille Syd line and Køge-Næstved
An additional track will also be added at Køge Station
Renovation works at Ringsted Station are currently being carried out
Two new tracks north of West motorway to connect Køge Nord station with Fjællebro will also be constructed under the project
The project will see the construction of five tunnels (total 2,000m in length)
The construction will utilise 128,000m³ of concrete
358,000m³ of gravel and 327,000m³ of chippings
NIRAS provided the preliminary design and project propositions for the Copenhagen-Ringsted rail line
The Atkins-led consortium received a contract to design the first stretch of the railway line in January 2011
MT Højgaard was awarded a contract in July 2012 to build four road bridges and railway bridges at Vallensbaek and Brøndby
received a contract from Rail Net Denmark in January 2013 to construct 12 bridges between Ishøj and Greve
a consortium of Barslund and CG Jensen received a contract to build a bridge on Brondby Østervej
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Christian Ebbin and Magnus Ringsted have successfully completed a high-performance sailing clinic at the Team Rockwool Racing Academy in Aarhus
The Bermudian pair broadened their sailing horizons in the 29er under the guidance of Denmark SailGP team athletes during the clinic which began on July 22
“A great four days on and off the water,” crew Ringsted said
“The Rockwool coaches were amazing; we definitely learnt a lot.”
Helmsman Ebbin added: “Conditions were good throughout; we had light winds to start and finished in 15 knot winds
Choppy waves; the water is a lot colder than home.”
Team Rockwool Racing is an initiative launched by Rockwool to support the training of the Denmark SailGP athletes as they fly the Danish flag and compete against the world’s best sailors in the global SailGP championship
The team is an extension of the partnership between the Denmark SailGP team and Rockwool
and is designed to help the team build even stronger foundations and develop their skills through a wide range of activities
including racing on foiling catamarans on the GC32 Racing Tour
Ebbin and Ringsted took part in the clinic as part of their preparations for the Nordic 29er Open and Junior Championship
also taking place in Aarhus from August 4 to 7
“The 29er boat set-up is pretty technical so we’re learning to tune it better which will help our consistency,” Ebbin said
“Now a few days’ rest and then back out for more training ahead of the Nordics.”
Ebbin and Ringsted began sailing in the double-handed 29er last summer and made their racing debut in the class competing at the International 420/29er Midwinters East Skiff Generation Grand Prix in Miami
The Ringsted-Fehmarn rail link project was initiated by Denmark and Germany to connect the fixed link across the Fehmarnbelt by 2021
The Fehmarnbelt will connect Puttgarden on Fehmarn Island
with Rødby on the Danish island of Lolland
The Ringsted-Fehmarn rail link is expected to improve the infrastructure linking Scandinavia to the rest of Europe
and will reduce travel times between Copenhagen and Hamburg
It is expected to provide an effective alternative to road traffic for freight and passenger transportation
The project will be operated by Danish state-owned railway company Banedanmark
The line is estimated to provide 20 passenger train services each day between Denmark and Germany by 2025
compared with six passenger trains currently running per day
Its construction is expected to begin in 2015 and estimated to cost €1.2bn ($1.65bn)
Preparatory works for the Ringsted-Fehmarn line construction are currently underway
while the actual construction is expected to begin in 2015 after ratification by parliament
First invitation of tenders for the construction of 18 bridges on Lolland-Falster began in 2013
construction of a new platform at Vordingborg station and demolition of buildings began in 2014
The Danish Parliament is expected to pass the Ringsted-Fehmarn construction act in 2015
while German regulatory approval is expected in the first half of 2015
Shatin to Central Link (SCL) is a 17km-long railway line expansion undertaken by MTR Corporation in Kowloon and Hong Kong Island
Construction works will include upgrading the track between Ringsted and Vordingborg for 200kmph passenger trains
realignment of the curve and relocation of platforms at Glumsø station
closing the level crossing at Eskilstrup and construction of a new road bridge
An extra track will be laid alongside the existing one between Vordingborg and south of Holeby
which will be linked to the fixed link across Fehmarn Belt
The old harbour tracks in Vordingborg will be removed
and a double track section will be built over Masnedsund and Masnedø
Other works will involve laying passing tracts at Glumsø
and facade insulation of 1,700 homes and businesses along the Ringsted-Fehmarn line to avoid excessive noise
Existing bridges between Ringsted and Holeby will be demolished or modified
A new concrete bridge with double tracks will be built to the east in place of Bascule Bridge over Masnedsund
The level crossing at Eskilstrup Vestergade will be closed completely
and a new flyover will be built in its place to connect Eskilstrup Vestergade/Kløvermarksvej to Søndergade/Eskilstrup Nygade
A new bridge will be constructed to the south of the existing King Frederik IX bridge over Guldborgsund at Nykøbing Falster
The Ringsted-Fehmarn line will be installed with a new European ERTMS 2 standard signalling system designed specifically to ensure better punctuality and reliability
The new signalling system will result in fewer delays and more trains running on each line
The entire section between Ringsted and Holeby will be electrified at 25kV by erecting masts for the catenary cables along the tracks
Traction power supply stations will be built at certain places to supply power to the overhead catenary system
NIRAS and Rambøll were awarded a contract to provide detailed design for the expansion and speed upgrade of the railway stretch across Lolland and Falster in May 2013
Rambøll is responsible for providing the design of the Zealand to Ringsted stretch
The contractual scope includes design of the expansion
reconstruction of two new stations and renovation of 58 bridges including 18 new road bridges
ten new track bridges and 30 existing track bridges
Spanish Ineco and LE34 as subconsultants for the project
News & Analysis on Food & Beverage Development & Technology
21-Aug-2016 Last updated on 18-Mar-2017 at 12:47 GMT
Danish Crown is to axe 20 full-time staff at its Ringsted abattoir as it cuts the number of pigs slaughtered on the Danish island of Zealand from 46,000 to 34,000 per week
The reduction in pigs means supply will be too low to justify evening shifts and jobs will ultimately be lost this month
vice-president of production at Danish Crown Pork
described the news as a “very unfortunate situation”
he said a 3% drop in the supply of pigs compared to last year meant it was “necessary to adapt capacity accordingly”
The business has also reduced slaughter output from 102,000 to 98,000 pigs a week at its Horsens abattoir
although no jobs are reported to be affected
Danish Crown's Ringsted pork plant employs 900 staffBattling a supply shortage
Danish Crown has regularly been forced to transport over 10,000 pigs across the Danish Great Belt – a strait connecting the islands of Zealand and Funen – resulting in unnecessary overhead costs for the company
Back in 2015, the meat processor closed down two slaughter lines at its Ringsted factory
A surge in summer demand that year made the business re-evaluate the decision
leading to the creation of an evening shift
While this had been running well since 2015
the recent shortage of pigs meant it was economically unsustainable to continue with evening slaughter work
Jobs for the 100-plus employees who work evening shifts in deboning
packaging and production lines exclusively for Danish Crown’s Asian market are safe
The strong demand for pork in Asia, means Danish Crown may be able to offer employment to some of the 20 staff, the company said.
The former group CEO of Danish Crown, Kjeld Johannesen, has been appointed a special advisor to the board of directors of Russian agribusiness Miratorg.
A drop in Chinese pork production, generating more demand for pigmeat imports, is a boon for Danish pork farmers who are ready to double exports to China.
Business is unusually slow for meat processor Danish Crown which claims sales of fresh meat are “very quiet” for one of the busiest times of the year.
Recent success for Welsh food and drink as it targets international marketsPaid for and content provided by Welsh Government
Mastering mouthfeel: The importance of mouthfeel in making brands thrivePaid for and in partnership with Tate & Lyle
Rethinking eggs for a resilient food future a ‘matter of necessity’Paid for and content provided by CSM Group (CSM Ingredients & HIFOOD)
Promising sailors Christian Ebbin and Magnus Ringsted were among the winners of the 2020 Heineken Round the Islands Race organised by the Bermuda Sailing Association
The pair topped the three-boat dinghy fleet to cap an impressive racing debut in the 29er at the event last week
“We were the only 29er sailing in our class and won off corrected time against two other Sunfish,” helmsman Ebbin
“Everything went well and it was a little bit windier than we expected
It was just a great day out on the water having fun and enjoying ourselves.”
Ebbin and Ringsted navigated the racecourse around the islands of Hamilton Harbour and the Great Sound in a corrected time of 1:10:54
“Christian and I had a great race,” crew Ringsted
added: “It was fun to be out racing in the 29er after several weeks of training.”
Timothy Fox crossed in second in 1:18:31 followed by Julian Fletcher in 1:24:28
Ebbin and Ringsted prepared for the race by training with Tom Herbert-Evans
the former Royal Bermuda Yacht Club sailing director
who now serves as youth programme manager on the international SailGP circuit
“It’s been great training with Tom,” Ringsted said
“We’ve spent quite a bit of time out on our own
so it’s good to have some proper coaching from Tom and Nathan Bailey [sailing director] and Josh Greenslade [senior instructor/coach] at RBYC.”
He added: “The summer sailing plans didn’t exactly go as planned
We had hoped to travel and compete but the pandemic got in the way
and we’ve worked hard learning how to handle the 29er
Martin Siese and Patrick Cooper and Hubert Watlington were the remaining winners last week
Siese and Cooper led the Keelboats across the line with a corrected time of 1:25:17 and also secured overall honours for their win in the International One Design
Watlington secured top honours in the Classic division competing in his 150-year-old boat
“It was great to have the event,” Tom Clarke
“We had 19 participants on the water and it turned out to be a really nice day
It was better than forecast so we had nice breeze to the full course for the three different classes
“It was a great day and we’re most appreciative to Heineken and Burrows Lightbourne for their ongoing support in that event and sailing in general.”
Alan Frith (Nasty Medicine) and Paul Wright (Tiburon) finished second and third among Keelboats and Ted and Elspeth Weisberg (Pearl) second among the two entries in the Classic division
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Posted: 23 March 2016 | |
With construction work on time and on budget
the Danish high-speed link between Copenhagen and Ringsted’s next challenge is to incorporate two major national programmes: the Electrification Programme and the Signalling Programme
gives an update on Denmark’s first high-speed line
which is due to open in December 2018…
Construction of the new high-speed line from Copenhagen to Ringsted on Denmark’s main island
Construction work began in the spring of 2013 on the earliest awarded contracts
Work has now been completed on some of the smaller contracts
and they have already been handed over from the contractors to Banedanmark
a state-owned enterprise responsible for maintaining and developing Danish railway infrastructure
A key consideration of Banedanmark’s tender strategy for the Copenhagen–Ringsted project was to split the construction of the 60km-long railway into smaller contracts called Tender Packages
the construction of the new dual-track high-speed line is carried out by several contractors
mainly Joint Ventures comprising Danish companies
contractors are currently working on seven different Tender Packages ranging from 750m up to 23km
According to the project’s execution schedule
all construction and earth works will be carried out by early-2017
We are currently on track and are confident that there will be no serious delays
the relationship between client and contractor is essential
The client organisation only absorbs a minor part of the total ‘cost-pie’ and
most costs are spent in civil works and constructions
Cooperation is therefore key to success in budget and execution schedules
The high-speed line will head out of Copenhagen from the borough of Valby
The New Line Copenhagen–Ringsted’s official starting point is Ny Ellebjerg Station
some 4km from Copenhagen’s Central Station
Shortly after Ny Ellebjerg Station it will enter into the first of two cut ‘n’ cover tunnels
The stretch out of Copenhagen is the most densely-populated area along the new railway and it was therefore decided to construct the tunnels in order to reduce noise impact
The area above Kulbanetunnellen was previously a park and most of the space above the 750m-long tunnel will be re-established as a public park in co-operation with the Copenhagen Municipality
the new railway will run closely to three national motorways: Holbæk Motorvejen
crossing the motorway network five times – four of which will be through tunnels under the motorway
The latter and most spectacular motorway crossing is a 512m-long steel bridge crossing one of the biggest motorway junctions in Denmark
The bridge across the Vallensbæk motorway junction will be completed in autumn 2016
Work on foundations and pillars began in late-2014 and during the spring of 2015 the bridge’s spans were prefabricated in Poland under strict supervision; shipped to the port of Korsør on Western Sealand and then transported nearly 100km on the motorway to the construction site
were then lifted into place above the motorway in several operations during the summer of 2015
forcing total closure of the southbound motorway during one weekend and then closure of the northbound motorway during a weekend one month later
The closures of the southbound and northbound motorway were executed to perfection in cooperation with the Danish Road Directory and the Police
The new railway bridge is now towering approximately 10m above the motorway junction and future passengers will get a great view of the landscape from both sides of the train
During the construction of a railway tunnel beneath Holbækmotorvejen
Banedanmark established an 800m-long temporary motorway in Brøndby curving out of the normal motorway
In so doing the construction period of the railway tunnel was reduced by nearly one year
The 800m-long temporary stretch with six lanes was in service for a period of 14 months
enabling Banedanmark’s contractor to work undisturbed in the area of the temporary closed motorway
Banedanmark plan to build a new station in an area situated north of Køge
approximately 40km southeast of Copenhagen
It will be known as Køge Nord Station and will become a strategic hub for commuters from the Køge Area to Copenhagen
passengers can transfer from the existing local train line (S-tog) to the New Line Copenhagen–Ringsted and to the local railway
The two railways’ platforms are separated by an eight-lane motorway
The station is an important element in an over-all policy of promoting railway transport in Denmark and will make it possible for all passengers to change from one mode of transport to another (train
Køge Municipality and DSB (the Danish national rail operator) jointly invited entries for an international restricted competition for the design of the new station in Køge
The winner was announced as a team consisting of Danish architect firms COBE and DISSING+WEITLING with COWI as consultants
The station’s design claimed international recognition by being nominated as one of four projects in the ‘Best Futura Project’ category in the 2015 edition of the MIPIM Awards in Cannes
Five prequalified contractors are competing for the ‘build to order’ contract for Køge Nord Station and we expect to award the contract before summer 2016
A new type of sleeper labelled S-16 has been developed and is being produced at Banedanmark’s Sleeper Plant in Jutland
A total of 180,000 sleepers are required for the New Line Copenhagen–Ringsted
During the autumn of 2015 the Sleeper Plant had to be readjusted for the production of the new sleepers and is currently producing the new high-speed sleeper only
The production of the high-speed sleepers is expected to continue for the remainder of 2016
Other client deliveries are 23 points approved for speeds up to 250km/h and 130,000 m3 of ballast
Since 2012 Copenhagen–Ringsted’s CAD group and colleagues in our sister project
have identified requirements for working with 3D models and delivery of traceable and buildable projects
the requirements are adjusted for use in further projects for Banedanmark
a company CAD manual was released in October 2015 marking the first step in implementing usage of BIM (Building Information Modelling) in design and construction as well as BIM for FM (Facility Management) in operation and maintenance
Moving towards BIM is being defined and planned through Banedanmark’s strategic project ‘Fremtidens Digitale Jernbane/The Digital Railway of the Future (DIGI)’ with key members from the Copenhagen–Ringsted project
At this stage work to incorporate Banedanmark’s two major programmes
the Electrification Programme and the Signalling Programme
Copenhagen–Ringsted will be the first line in Denmark
equipped with signalling and catenary/power supply for 250km/h
Interface meetings with the two programmes are held on a regular basis in order to adjust and coordinate time schedules
These programmes are crucial for the completion of the New Line
so a lot of effort is made to avoid any disappointment
In the Danish Parliament there is broad support to invest in and upgrade the railway network
The New Line Copenhagen–Ringsted is the first stage in reducing travel times between the biggest cities in Denmark
enabling political decision later in 2016 or in 2017
As Denmark has traditionally been a ‘diesel train country’
continuous electrification of main lines and the most important regional lines is foreseen over the next 10 years
all signalling will be substituted with ERTMS technology by the beginning of the 2020s
plans to connect Denmark and Germany through the Fehmarn tunnel are continuing
leaving the investment in Danish railway infrastructure at a high level
It is the first time in over 30 years that a railway to this scale has been constructed
With future railway projects on the horizon
the knowledge gained over the course of the Copenhagen–Ringsted project could be of benefit for others
The best testimony for attracting new projects is to deliver this new line on time
Our experience with elaborating and dealing with turnkey contracts
as well as dealing with various stakeholders
will put us in the frame for future railway projects
Jan Schneider-Tilli has worked within the railway field for 25 years
with around 20 years in project management
He has been employed as Project Engineer for the Øresund Bridge
Great Belt Bridge and the Metro in the 1990s and as Project Manager on Ringbanen
the KØR project and the New Line Copenhagen–Ringsted
Banestyrelsen/Trafikstyrelsen between 1997 and 2009
Jan has worked on the New Line Copenhagen–Ringsted project at Banedanmark since 2010 and since March 2016 has been the Signalling Programme Director
Issue 2 2016
High-Speed Rail, Infrastructure Developments
Banedanmark
Denmark
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giving you access to the journal and exclusive content
By Gabriel Higgins
By Elizabeth Jordan - Global Railway Review
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Chubb Limited has announced that Frances O’Brien (pictured above left) has been appointed executive vice president of Chubb Group and chief risk officer
O’Brien previously served as senior vice president of Chubb Group and deputy chief risk officer
she will have executive responsibility for the group’s enterprise risk management organisation
O’Brien succeeds Sean Ringsted (pictured above right) as chief risk officer
“Fran is a seasoned executive with extensive underwriting
actuarial and management experience,” said Evan G
“She has a long track record of success
and I have every confidence in her ability to lead this important aspect of our company
Managing our own risk exposures well are foundational for a company in the risk business.”
RIngsted will continue to serve as executive vice president of Chubb Group and chief digital business officer, leading the expansion of Chubb’s digital business unit globally. He will remain a member of the company’s Risk Underwriting Committee, Chubb said
“This change in executive leadership responsibilities recognises the significant opportunity we have to harness our resources and deploy cutting-edge technologies
artificial intelligence and large-scale data
to deliver business value and strategic advantages to Chubb’s businesses,” Greenberg said
“Under Sean’s leadership we will also continue to expand Chubb’s digital product and service offerings.”
O’Brien and Ringsted will both report to Greenberg and John Keogh
O’Brien has more than 40 years of industry experience
She was appointed senior vice president of Chubb Group and division president of North America Personal Risk Services in 2016 and held that position until being appointed deputy chief risk officer in 2022
Prior to ACE’s acquisition of Chubb in 2016
O’Brien served as senior vice president and chief risk officer of Chubb Corporation
Ringsted has more than 30 years of experience in the insurance industry
He served as Chubb’s chief risk officer since 2008
and in 2017 was appointed to the additional role of chief digital officer
Ringsted served as chief actuary and chief risk officer at ACE Limited
Chubb announced that it has promoted company veteran Steven M
Hill to lead its North America financial lines division
it added three executives to its climate division’s leadership team
— Del Matheson was preparing the mailing list for his high school class's 60-year reunion when an improbable thought occurred to him: What are the odds that all 14 graduates are still alive
considering they’re all between ages 77 and 79 and no one had died from a car wreck
Matheson was dead wrong: It’s a 1 in 177,467,459 chance
that’s better than the chance of winning the Powerball
Iowa State University assistant professor of mathematics
and “it is way less likely than an individual being struck by lightning twice in a lifetime (1 in 9 million odds).”
“We all talk about who will be the first to die,” Matheson said
It appears no one wants to lose and disappoint the Ringsted High School class of 1958
Kenneth Pedersen said he nearly ruined this story when he woke up one morning last March to an aortic aneurysm
He spent nearly three months in the hospital hanging by a thread but survived
“He’s ornery,” she said of the man classmates labeled the class clown
Perhaps it’s due to membership in the class of '58, which should be studied by longevity experts. Though they are squarely at the age of life expectancy today in the U.S. — 78.8 — the law of averages should mean at least a few are gone
They started out like most kids in rural Iowa
doing farm chores and eating from the garden in a northwest Iowa town that once was big enough to have schools and ample business but today is “twice the size of nothing,” Matheson said
The class has outlived its high school building
and reunions often take place in a surviving tavern where conversation often gets around to still breathing
“We always joke that we are all still alive and how lucky we are
the ringleader in keeping the class connected across the country from his home in Eugene
“Many of our parents died shortly after high school graduation
so we don’t have a good record there,” Matheson said
The keys to beating such long odds circled the table over coffee recently with class members Judy (Pedersen) Eisenbacher of Spencer
Lois (Jensen) Platter of Graettinger and Eileen (Emmick) Harkema
a Spencer woman who cried when she had to move before her senior year but is still allowed unofficial membership in the long-living class
Among the reasons: They were a class of low-key kids who took life as it came; they worked hard and were physically active; they have no alcoholics among them and few smokers
“We were raised organic,” said Platter of the vast gardens of fresh vegetables their families tended
hip replacements and spouses’ deaths to endure
but a sense of belonging to something bigger than themselves sank into their bones and helped lead to a long life
Even though Kenneth Pedersen and his buddies set up snowballs on the second-story ledge above the elementary school entrance to drop on classmates
there were few hard feelings through the years of school together
“We had so many ornery boys in our class,” said Eisenbacher
“But they were the top students.”
Many classmates joined for wild rides on toboggans pulled behind a pickup truck
a practice that surely lengthens survival odds
They went to the nearby lake to swim and row boats
They acted as a team to put on a grand prom for seniors
The women said they were poor by today’s standards but didn’t want for anything
They played basketball and baseball for the Great Danes
a hardy group of Scandinavian descendants who so loved their teachers they would join the music teacher after school to listen to records or an instructor to a summertime foray at the lake
Long into life they would visit coaches and teachers at nursing homes in their dying days
It was a togetherness that has lasted their whole lives
Classmates Margo and Mike Glasnapp started going steady as freshmen and eventually got married
a town Mike helped build from the ground up
“Mike said to tell you all he got out of high school was me,” said Margo over the telephone
She added that what they also got was a sense of calm
followed by the brains to pursue good opportunities when they arose
It was a chance to see where life would go,” said Steve Glasnapp of Des Moines
who ended up with a successful career in construction management
though a couple classmates were in peacetime service
Glasnapp said the draft board came calling in 1963 as Vietnam loomed but he was already married and had kids
owned a printing company and today writes novels
A good job is part of being happy,” he said
A fierce independence grew on the Iowa prairie
we all knew that if we didn’t guide our own ship
so we went about staying in the wheelhouse and working at it.”
The reunions every five years are typically attended by the entire class and several teachers
They would pack into a hotel for a long weekend at a nearby town big enough or sit for hours at one of the few places to meet in Ringsted
the laughter from the tavern spilling out into the vacant streets of a town whose school long ago merged with Armstrong before melting into a larger group in Emmet County
the reunion will be another celebration of life
Ken Pedersen of Gowrie worked 43 years in natural gas
He will be happy to see his good buddy Karl Fliehler of Texas
He looks at the 1958 high school annual at the kitchen table and tears form in his eyes
He shed his cane recently but it’s still tough for him to form all his thoughts; he lost a lot of blood and goes to speech therapy
He may share stories of the time he somehow found himself gripping the ankles of a student dangling out the school window
lead-footed teacher who sped into the school parking lot one day with a pheasant plastered to the grille of her car
Maybe it was togetherness that kept them all alive
Christian Ebbin and Magnus Ringsted have stepped up their preparations for the Nordic 29er Open and Junior Championship in Aarhus
The Bermudian pair are taking part in a high-performance clinic in the European country at the academy set up by Team Rockwool Racing under the guidance of Denmark SailGP team athletes
The clinic began yesterday and continues until Sunday
for the next few weeks,” helmsman Ebbin told The Royal Gazette
“It’s a fantastic sailing venue with great facilities
“Tough but fun first day training with a dozen of the top Danish and German boats in light breeze
Ebbin and Ringsted are fine-tuning their preparations for the Nordic 29er Open and Junior Championship
“We’ll be training hard over the next ten days to prepare for these Nordic championships,” Ringsted said
Will be awesome to back in with a big fleet
“We expect very strong competition and a lot of experienced sailors
We can’t wait to be out there racing and doing our best.”
Ebbin and Ringsted began sailing in the double-handed 29er in June last year after moving up from the developmental Optimist dinghy class
They made their racing debut in the class competing at the International 420/29er Midwinters East Skiff Generation Grand Prix in Miami
The pair finished fifteenth among the 21-boat 29er fleet
with a best showing of tenth in the ten-race series won by Clark Morris and Noah Zittrer
Aarhus will also host the inaugural Rockwool Denmark Sail Grand Prix featuring the high-performance wing-sailed F50 foiling catamarans on August 20 and 21
The regatta is the fourth event of SailGP Season 2 — after Bermuda
led by experienced ocean racer Nicolai Sehested
placed fifth among the seven national teams at the Great Britain Sail Grand Prix last week
A panel of judges including Mayor Henrik Hvidesten has chosen Gottlieb Paludan Architects’ proposal as the winning entry for a new pavilion to be completed in Ringsted Square, Denmark in 2018
Courtesy of Gottlieb Paludan ArchitectsThe elongated structure simultaneously separates and connects
designating adjacent spaces for the town square and church lawn with individual material qualities
The square’s hard surfaces sips into the pavilion; this continuity is reinforced by a visual connection between the square and the church that results from the orientation of the pavilion’s bronze-coated siding panels
News via: Gottlieb Paludan Architects
Though being traditionally better established in the Southern countries of the old continent with retail stores
Guess has ambitious expansion plans in Northern Europe now
The first stone was laid in Ringsted (Denmark)
where a 315-sqaure-meter outlet store opened its doors on November 3
the denim brand is opening a similarly-sized shop in the Bruun Galleri
presents a great development potential for us
With more than 27 million inhabitants and one of the highest GDPs in Europe
this region is an important strategic market,” said Victor Herrero
We spoke with the executive to know a bit more about these plans
Photo: Guess Guess outlet store in Ringsted
Photo: Guess Guess outlet store in Ringsted
Guess has plans to open over ten stores across Sweden
What is the turnover share achieved by northern Europe and Scandinavia right now
How shall this figure look like in the future
Northern Europe will represent more than 20% of our overall business in the European segment next year
This is quite an impressive result for us considering the fact that our brand is very much consolidated and extremely successful in Southern Europe in which we have the majority of our retail stores
We really invested in expanding our Stock-Keeping Unit’s (SKU) offering in order to address the markets needs and most importantly we invested in our own direct teams who have control over the distribution and development of the brand
Northern Europe will represent more than 20% of our overall business in the European segment next year
We did a clear country mapping of the region and our strategy is to enter the best shopping malls in key cities with our retail Guess format and to enter the main factory mall developments with our Factory store concept
Of course we are also entering the markets with our e commerce channel which is definitely a key growth engine for our company
The retail world has changed over the last decade
Brands must follow where the consumer wants to shop and today e-commerce and factory malls are becoming an important part of the retail equation
[Editor’s note: after further enquiring
the brand refused to give out the specific number of outlet stores comprehended within the ten openings planned in Northern Europe
According to the brand's annual report for 2016
from the 456 Guess stores in the US and Canada
representing one third of the total retail network in these territories
The total number of outlet stores in Europe isn't contained in the report]
The recently-opened shop in Ringsted features Guess’s new global concept for outlet stores
Are outlet locations gaining momentum for the brand
We are targeting all the new major mall developments across Europe with a key focus on new territories that still represent a white space for us such as Turkey
In addition we will also open Factory stores targeting the key triple A outlet mall in Europe
Still in Ringsted: the accessories collection is being displayed in the center stage
making the product presentation visible from every angle of the store
Are accessories the best-selling product category for the brand
We allocate 30% of the retail space to our accessories categories and they represent in average 35% of our retail sales
We have over 25 product categories in our stores making us a true lifestyle brand
footwear and watches are the key categories in our accessories segment
We allocate 30% of the retail space to our accessories categories and they represent in average 35% of our retail sales
Outlet stores are part of our expansion plan in Europe and we will target the key outlet locations in uncharted territories but our main focus will be to develop our free standing stores and e-commerce channel with a very aggressive growth plan across Europe
[Editor’s note: upon further request
any concrete sales volume for outlet stores was given out by the brand]
Posted: 5 June 2019 | Global Railway Review |
Denmark’s new high-speed line will provide passengers with shorter journey times
more travel opportunities and fewer delays and cancellations
Denmark’s first high-speed railway line has been inaugurated and will run between Copenhagen and Ringsted, allowing trains to travel at speeds of up to 250 km/h. The new line will better tie Zealand and the rest of Denmark together and will give commuters throughout the country better rail services and shorter travel times
it will help to relieve the already heavily trafficked section between Copenhagen and Roskilde
Per Jacobsen, CEO of Banedanmark
said: “The new Copenhagen-Ringsted railway line significantly expands the railroad’s capacity
This makes the railways to and from Copenhagen more efficient and more robust
the Køge Nord Station will give commuters from both Køge and the surrounding area better links to better public transport than ever before
Project Director for the Copenhagen-Ringsted project
said: “The station will be a new gateway to Copenhagen and an important step on the road for the approximately 8,000 daily users that the station will receive in the long-term
the station’s 225 metre long footbridge will not only be a landmark for the new railway and for Køge
but also a significant landmark for green mobility.”
The new station allows passengers to change to high-speed trains travelling to Copenhagen
the high-speed-trains will be operational between Næstved and Køge
This means in turn that there will be shorter travel times from all over South Zealand and Lolland-Falster
the station is equipped with parking facilities
making it easier for commuters and leisure passengers to access the station
The Copenhagen-Ringsted line forms part of a major upgrade of the railway in Zealand and Lolland-Falster
the track has become an important part of a flexible transport system in the future
With the Ringsted-Fehmarn line fully operational
it is now ready to receive additional traffic that the new Copenhagen-Ringsted high-speed service will provide
Jette Aagaard, Per Jacobsen
By Global Railway Review
By Emmanuel Colin, Paul Comfort
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Chubb chief digital officer Sean Ringsted shares his insight on how to strike a balance between investing in technology and calling on the human touch
he had a realisation that made him change his career path altogether
who’s been Chubb’s chief digital officer since last February
says his time at the startup set him up for his future position
“We were probably one of the first true insurtechs,” he explains
and we put technology right into the hands of underwriting
Ringsted served in many roles: first on the reinsurance side as the senior vice president and chief actuary for ACE Tempest Re from 1998 to 2002
and then as executive VP and chief risk officer for the next two years
He was named chief risk officer of ACE Group in 2008 and executive VP in 2014
just prior to the company’s acquisition of Chubb in 2016
Ringsted has had a front-row seat to ACE’s evolution
“We set out with a strategy around underwriting,” he says
“Just seeing the strategy play out in the day-to-day execution as we built out a portfolio of different products – in part through acquisition
in part through organic growth – has been incredibly satisfying
where everything is ‘now’ and transactional
to step back and take the long-term view and be part of something that’s played out over the long term has been very meaningful.”
One standout moment for Ringsted was being part of the team charged with combining ACE and Chubb’s operations following the merger – a difficult job because of the sheer scale and size of the two organisations and their systems
“We’ve accomplished something that I take a lot of pride in,” he says
“You might think it a challenge to put together two very large organisations – you’ve got two different cultures and philosophies – but the success was really underpinned by a shared philosophy and love of underwriting.”
a key part of Ringsted’s work is making the combined company’s footprint more digitally integrated
he’s spent a lot of time on the data and analytics side of the business
which has been core in helping Chubb take the next digital step
“We’re working on a number of fronts
as you might expect – thinking about our front end
the product and the service that we provide to the clients
and the customer experience and making that more digital,” he says
it’s around how we can use some of these new tools and data to make smarter and more effective underwriting and claims decisions
and to make sure that people are doing the right tasks as effectively as possible.”
putting everyone on the same digital page can be arduous
is figuring out what’s working and what isn’t and directing resources to the right projects
the company’s size has actually made it easier to find solutions
“If you’re thinking about trying to change a large organisation such as Chubb
I think [size] is actually a strength for us,” Ringsted says
“Our size and the products we have and the geographies we have give us a lot of opportunities and options to effectively experiment and try out new ideas and products.”
A discussion around digital integration wouldn’t be complete without addressing the cyber attacks that have long been an area of concern for the industry
A recent report from the Office of the Australian Information Commissioner revealed that it had logged 242 notifications under the Notifiable Data Breaches scheme from the beginning of April to the end of June
Chubb has a heightened awareness of these events
and the insurer has solid infrastructure and data breach tools in place to help defend it against cybercriminals
When it comes to leading a digital transformation
Ringsted also places a high priority on the consumer and their needs
“Customers are much more demanding,” he says
“They have an expectation when they’re transacting digitally
and they have an expectation around their customer experience
and if you are providing information to an agent or a broker
we want that to be as efficient as possible.”
he also stresses the importance of having real people on the ground during natural catastrophes
and being able to respond quickly to customers impacted by the disasters
“We can have all the tools and data in place
but having somebody there at that time of need is just incredibly important,” Ringsted says
Chubb will continue investing in innovation – the insurer spends US$1bn annually on technology – and using digital tools to become an ‘in your pocket’ risk manager and advisor to consumers and businesses alike
Ringsted says Chubb’s goal is to eventually evolve from a repair/replace model to a predict/prevent service provider
And he’s optimistic that the company will continue leading the digital way in the insurance industry while staying connected to its clients
“I think we’re really well placed to succeed
[and] we will thrive as a company of the digital age,” he says
“We’re going to be there to serve our customers with products and services to meet their needs as they go about their lives in the digital economy
All that will be done with a human touch where we need it.”
Christian Ebbin and Magnus Ringsted competed in the 29er/i420 MWE & Skiff Generation Grand Prix #5 in Florida
The Bermuda pair finished 15th out of 21 teams
with Ebbin and Ringsted’s best finish of 10th place coming in Race 5 of the 10 Rage Regatta
#BermudaSailing
Category: All, Sports
You can read this article in 2 minutesDiana Pascal
Belgian logistics firm H.Essers aims to broaden its standing in the Danish logistics market by establishing its third logistics site in the country
scheduled to open by the end of 2024 in Ringsted
The new Ringsted facility is set to become H.Essers’ largest logistics site in Denmark
The site has already received approval for hazardous activities and the storage of dangerous goods
the new warehouse will be constructed with a strong emphasis on adhering to the highest standards of quality and safety
including a unique foam extinguisher system designed to safeguard both the storage area and terminal for flammable liquids
“Denmark is a strategically important market for us
we are excited to expand with a third location
we will finally have the right infrastructure to handle the pharmaceutical and chemical products to an extent
that we can’t offer at our current locations in Denmark
It has been quite a challenge to develop a mega site as this
and I look very much forward to welcoming existing and new customers soon.” said Carlo Theunissen
The initial phase of the expansion focuses on establishing a 10,000 m2 warehouse with a specialized emphasis on handling chemical products
Subsequent phases are planned to add an additional 55,000 m2
enabling the handling of pharmaceutical products across various temperature ranges and facilitating the storage of nearly 100,000 pallets
This investment is anticipated to create over 150 job opportunities
Pölös Zsófia Journalist Trans.info | 6.05.2025
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Bermuda sailors Christian Ebbin and Magnus Ringsted are competing in the Volvo Gill Optimist British and Open Championship at the Weymouth & Portland National Sailing Academy
and after five races sailed in the Senior Fleet
while Ringsted is in 11th with 23 Net Points,