Denmark: Economic growth up next year

Article Abstract:

The Danish Chamber of Commerce predicts an economic growth of merely 1.0% for 2001 as a result of the weakening of the international economy. In 2002, however, the economic growth is estimated at 1.7%. The Danish economy is facing some major problems in 2002 including rising unemployment rates and signs that companies will cut staffing levels to an increasing extent. Besides, there are problems with bottle-necks in specific sectors due to lack of mobility in the labour force.

Gross National Product

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DENMARK: IF INTERESTED IN EXPANSION

Article Abstract:

The Nordic non-life insurance company If, which is owned by Skandia, Storebrand and Pohjola, is still interested in expansion in Denmark. Financial director Tom Rathke says the company is open for acquiring companies which are for sale, even though it didn't acquire Den Danske Bank's non-life insurance companies, which recently were sold off to Topdanmark.

Asset sales & divestitures, Property & Liability Insurance, Direct Property and Casualty Insurance Carriers, Property and casualty insurance, Den Danske Bank AF 1871 A/S, Skandia AB, Topdanmark A/S, Pohjola Insurance Company Ltd., Storebrand A-S

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