LATEST NEWS
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Zenvo changed auditor day before troubled annual report
The Danish supercar maker’s 2025 accounts were approved with audit qualifications, negative equity and uncertainty over its ability to continue as a going concern.
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Search begins for this year’s business award
Everyone can now nominate a company from Lolland-Falster for the business award, which honours growth, innovation and sustainable development.
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Wind farm posts triple-digit million loss
The offshore wind farm Rødsand II, south of Lolland, has been hit by lower earnings expectations for renewable energy, weaker-than-expected production and a major impairment charge.
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FehmarnBusiness goes into summer mode
Daily news coverage pauses until 11 August, while FehmarnBusiness continues monitoring major business developments across the region.
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Analysis: Fehmarnbelt now faces its real test of pace
Two tunnel elements are now in place in the Fehmarnbelt. But the 51 days between the first two lowering operations show why the next element will be crucial for both the timetable and the wider dispute over delays.
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Distance adds to the cost of finding the right chief executive
Companies in Lolland-Falster and southern Zealand may offer strong products, short decision lines and attractive leadership roles. Yet when the strongest candidates are few, geography can make the search even harder.
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Regulatory review leads Danish supercar maker to restate accounts by DKK 239 million
Zenvo Automotive has changed its accounting treatment after a review by the Danish Business Authority. The company has lost all its equity, while the auditor points to qualifications and uncertainty over its ability to continue as a going concern.
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.
