a TV-Station - American Chamber of Commerce in Denmark

36
amCham’S 2011
BuSiNESS BaROmETER
In October 2011, AmCham Denmark released findings from its annual survey of multinational companies
with activities in Denmark. The survey looks at each company’s prior investments and reviews
their expectations for 2012. The key findings of the survey were:
• The high cost of doing business in Denmark is by far the biggest challenge for multinationals.
Of the companies surveyed, 78% of those who are considering moving jobs and/or investments
out of Denmark, point to high costs.
• Although 47% of the surveyed companies expect to increase their Danish investments in 2012, 53%
of the companies indicate that they have considered moving their investments outside of Denmark.
• 40% of the companies consider Denmark’s ability to attract foreign workers as poor or very poor.
A competitive tax system and openness to foreigners are important areas to address.
a NEw
gOvERNmENT
On October 3, 2011, a new Danish government was formed,
with Helle Thorning-Schmidt (Denmark’s first female Prime
Minister) at the helm. The new Government consists of three
parties:
· “S” The Social Democrats (Socialdemokraterne)
· “R” The Danish Social-Liberal Party (Radikale Venstre)
· “SF” The Socialist People’s Party (Socialistisk Folkeparti)
According to the Government’s platform publication,
“A Denmark That Stands Together” the SRSF-Government
plans to address several key issues raised by AmCham.