LATEST NEWS
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Why the Nakskov sugar factory was the one to lose out
Nordic Sugar’s decision to end production in Nakskov must be seen in a wider European context, where falling prices and overcapacity are pushing producers to close plants and concentrate production at fewer sites.
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Major European charging operator buys site in Nørre Alslev
Milence, which is developing charging hubs for electric trucks across Europe, has bought a municipal site in Nørre Alslev. It is not yet clear what the company plans to use the land for.
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Customers flock in – but growth weighs on the bank’s operating performance
Lending and customer numbers are rising sharply at Møns Bank, which is also feeling the impact of lower interest rates and higher costs linked to its growth strategy.
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Venture capital is largely bypassing Lolland-Falster
Denmark is one of Europe’s strongest venture capital markets, but in Lolland-Falster, investments are almost nowhere to be seen.
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Business doubles in size: Now the company must keep up
After 18 months in a dedicated growth programme, BAYO.S expects to double its business again next year. The biggest challenge may be having enough capacity to meet demand.
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Minister criticises gas pipeline: Nordic Sugar stands firm
Climate Minister Samira Nawa is using the closure in Nakskov as an argument against gas infrastructure. Nordic Sugar, however, maintains that the pipeline remains crucial to sugar production in Denmark.
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Andreas Wenzel: Fehmarn could place Lolland-Falster on a new growth axis
Lolland-Falster could find itself in a very different position between Copenhagen and Hamburg once the Fehmarn link opens, according to the CEO of the German-Danish Chamber of Commerce.
The Danish developer of renewable energy technology, Floating Power Plant (FPP), has expanded its End User Advisory Board with three international companies: the Spanish energy company Repsol, the Irish ESB, and a large, yet undisclosed player in the oil and gas industry. This step has been taken to strengthen FPP's flagship project, P-Demo, which has received €26 million in support from the European Commission's Innovation Fund.
- We are pleased to enter into new partnerships with leading global players that not only support our growth but also bring a Lolland-based company into international focus. We look out to the global scene with great enthusiasm while remaining deeply rooted in Lolland and appreciating our local roots, says Morten Loftager Langager, Head of PR and Communication.
P-Demo, also known as the SEAWORTHY initiative, is developing a floating platform that combines wind and wave energy with hydrogen production and storage. The platform is to be placed off Gran Canaria and aims to deliver a groundbreaking solution for renewable energy that can provide power on demand.
Expertise from industry leaders
Petter Øydegard from Repsol Norway states that they wish to promote innovation and sustainability through collaboration. Des Lalor from ESB highlights the project's relevance to their focus on hydrogen and liquid energy technologies.
The advisory board now also includes companies such as Air Liquide, Capital Energy, and TechnipFMC, along with several confidential members. The board's role is to provide practical input and ensure that P-Demo meets the industry's needs.
By combining multiple energy sources and hydrogen technology, the platform offers a robust solution to the needs of energy systems. FPP hopes that P-Demo can open new markets and opportunities in offshore renewable energy.
