Doing Business in Denmark

EENI- School of International Business

Subject (Course) - Foreign Trade and Business in Denmark. Copenhagen

1. Introduction to the Kingdom of Denmark (the European Union)
2. The Danish Economy: one of the least corrupt countries in the world
3. Doing Business in Copenhagen
4. The Danish Foreign Trade
5. Foreign direct investment (FDI) in Denmark
6. Main Danish Companies
7. Access to the Danish Market
8. Business Plan for Denmark

Objectives of the subject “Doing Business in Denmark”:

1. To analyse the Danish Economy and Foreign Trade
2. To evaluate business opportunities in the Danish Market
3. To analyse the trade relations of Denmark with the student's country
4. To know the free trade agreements of Denmark as a member of the European Union (EU)
5. To develop a business plan for the Danish Market

Subject Description: Doing Business in Denmark

The Kingdom of Denmark (Europe)

1. Capital: Copenhagen
2. Official Language: Danish
3. Area: 43,094 square kilometres
4. Population: 5.6 millions of people
5. Type of Government: Unitary parliamentary constitutional monarchy (Queen Margaret)
6. The border of Denmark: Germany. A road joins Sweden and Denmark
7. Denmark has two overseas territories: Greenland and the Faroe Islands
8. Religion in Denmark: Lutheran Protestantism (Christianity).
9. Denmark belongs to the Western Christian Civilisation (European Economic Area)
10. Abolition of slavery in Denmark: 1803

Economy of Denmark.

1. Denmark is one of the least corrupt countries in the world
2. The Kingdom of Denmark is one of the richest countries in the world
3. GDP (nominal): 313,637 millions of dollars
   1. Agriculture: 1%
   2. Industry: 25%
   3. Services: 74%
4. GDP per capita: 37,657 dollars
5. Currency: Danish krone
6. Denmark is self-sufficient in energy
7. Top Danish Industries: food products, machinery, furniture, clothes, chemical products, electronics products, construction products, wind turbines
8. Top Danish Companies: A.P. Møller-Mærsk (international transport and energy), Lego, ISS, Vestas, Carlsberg
9. Denmark joined the European Union in 1973

Danish Foreign Trade.

1. Main Danish Exports: machinery, foods and instruments
2. Top Danish Export Markets: Germany (17%), Sweden, the United Kingdom, Norway
3. Top suppliers: Germany (21%), Sweden, the Netherlands, the United Kingdom, China, Norway
4. As a member of the European Union, Denmark is the beneficiary of the Free trade agreements of the EU: Canada, Mexico...

International economic relations of Denmark

1. Council of the Baltic Sea States
2. Regional Cooperation Council
3. Inter-American Development Bank
4. Organisation for Economic Cooperation and Development (OECD)
5. World Bank
6. European Union
7. International Chamber of Commerce
8. Asia-Europe Economic Meeting (ASEM)
9. European Bank for Reconstruction and Development
10. Economic Commission for Europe (UNECE)
11. United Nations
12. European Investment Bank (EIB)
13. International Monetary Fund (IMF)
14. Group of States of the Council of Europe Convention against Corruption (GRECO)
15. World Trade Organisation
16. Organisation for Security and Cooperation in Europe (OSCE)

Examples of the subject - Foreign Trade and Business in Denmark: