denmark

Family business roundup: Profits up at VW, ABF and Sabanci, down at Moller-Maersk

February 28, 2012

It’s been a good week for three of Europe’s biggest family businesses, although Denmark’s Moller-Maersk Group has been hit by “voltatile markets”.

German carmaker Volkswagen said revenues jumped 25.6% to €159.34 billion in 2011, from €126.88 billion in 2010.

Danish family business cashes in with IPO

October 6, 2010

Pandora, a Danish jewellery maker, has carried out an initial public offering in Copenhagen worth more than €1.3 billion, making it one of the biggest listings in Europe this year.

The jeweller, which is best known for its charm bracelets, was 40% owned by the Enevoldsen family before the IPO. Per and Winnie Enevoldsen founded the company in 1982.

The IPO will dilute their holdings, but family members, who includes son Christian, will continue to play a role in the running of the company.

Inward investment in Sweden and Scandinavia

July 1, 2004

Foreign direct investors have a welter of industrialised countries to choose from but many markets stand in stark economic contrast with each other. Scandinavian countries are no exception

Scott McCulloch is editor of Families in
Business magazine.

Foreign direct investors have a welter of industrialised countries to choose from but many markets stand in stark economic contrast with each other. Scandinavian countries are no exception

Investing in Scandinavia virtually means investing in Sweden. The Swedish government, the press and local businesses treat foreign investors as they do Swedish investors. The media is quick to point out foreign ownership, however, when layoffs or plant shutdowns are announced.