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DENMARK: FOOD MINISTER CRITICAL OF SUBSIDIES

Article Abstract:

Ritt Bjerregaard, the Danish food minister, is critical of the agriculture and the fishing industries constant demands for subsidies to solve their problems. Bjerregaard says subsidies merely provide short-term solutions to problems. According to her, we are heading towards a new era where companies should no longer rely on subsidies alone. The minister says it is important to look ahead instead. This is the reason why she has offered the agriculture DKr100mn to be used for research and development. This offer, however, was rejected by the industry. Ritt Bjerregaard says the fishing industry is currently afflicted with over-capacity and poor profitability. Consequently, a new system of regulations will be introduced for the fishing industry on 1st January 2002, which is expected to improve the situation.

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
Agriculture, Crop Production, Government expenditures

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DENMARK: FRESH FISH SOLD ON THE INTERNET

Article Abstract:

The Danish fishing industry has entered the e-trade. The new company SkagenFood has started selling freshly caught fish on the Internet, both to regular customers and to institutions. The customers can trace the fish back to where and when it was caught, and by whom. The company also guarantees that the fish will be delivered at the doorstep within 24 hours after it has been caught. SkagenFood collaborates with one of Skagen's best known and oldest fish shops, Nibe-Hansen Fiskehandel. In only three weeks, the new business has sold 153 subscriptions.

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
Mail Order Houses, Electronic Shopping and Mail-Order Houses, Catalog and mail-order houses, Mail order business

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DENMARK: ROYAL GREENLAND CLOSES DOWN FACTORIES

Article Abstract:

Royal Greenland is set to close down half of its factories, which means 250-300 people losing their jobs. One of the factories to be closed down is its new DKr60mn (US$6.9mn) factory in Christianshab. Royal Greenland will instead freeze and pack fish at sea on its floating fish-processing vessels. The decision to close down factories was brought about tightening competition, particularly from Polar Seafood and American Seafood.

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
Plant shutdown, Seafood Products, Seafood Product Preparation and Packaging, Misc. Food and Kindred Products, Seafood, Royal Greenland

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Subjects list: Denmark, Fishes
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