Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 34 n° 19

Posts Tagged ‘Denmark’

Catella Corporate Finance Denmark secures 619 MDKK in long term debt facilities for Park Street A/S

Posted by fidest press agency su mercoledì, 13 ottobre 2021

As exclusive financial advisor to Park Street A/S (the “Company”), Catella has secured strategic non-recourse debt facilities allowing for the refinancing of all of the Company’s short-term debt, the development of the Company’s second Copenhagen Student/Youth Living property, Pulse N, and enhancement of the Company’s general capital position. Catella has a unique access to local and international cross-border debt capital providers including banks, debt funds and other non-bank lending institutions for all types of debt financing of real estate across the property life cycle and capital stack. Catella has a long and proven track record and is ideally positioned to structure, arrange and secure debt solutions for our clients.

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Denmark’s Telecoms, Mobile and Broadband Market

Posted by fidest press agency su sabato, 23 marzo 2019

This report provides a comprehensive overview of trends and developments in Denmark’s telecommunications market. The report analyses the fixed-line, mobile and broadband sectors.Denmark’s competitive telecom market continues to benefit from having one of the highest broadband penetration rates globally, as well as comprehensive LTE coverage. This has stimulated a range of IP-enabled applications which has encouraged revenue growth in the mobile and internet segments, though market competition has meant that overall sector growth has fallen in recent years.Excellent cable and DSL infrastructure have been supported by a progressive regulatory regime which has encouraged operator access to both copper and fibre networks. Fibre networks have a fast-growing footprint, while a number of community and metropolitan schemes have supplemented TDC’s own commitments to build out fibre nationally. The development of VDSL and fibre, as well as LTE-A and 5G in the mobile market, is crucial to meeting the government’s objective for all premises to have access to a 100Mb/s service by 2020.The mobile market continues to show steady growth despite the country having one of the highest mobile penetration rates in Europe. Operators have started trials of 5G services while commercial services will be greatly supported from the beginning of 2020 when spectrum in a range of bands which will become available.

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Catella advises Bonava in sale of turnkey project in Køge Coast to PFA Pension

Posted by fidest press agency su mercoledì, 3 ottobre 2018

Catella Corporate Finance has acted as exclusive financial advisor to Bonava Danmark A/S in the sale of an approx. 12,500 sq.m. turnkey residential project in Køge Coast, Denmark, to PFA Pension.Bonava, a leading Northern European residential development company, has divested a residential turnkey project of approx. 12,500 sq.m. to the Danish pension company PFA.The project is located in Køge Coast, Greater Copenhagen, and hence constitutes an integrated part of a substantial urban development project led by the joint venture partnership between the Municipality of Køge and the Danish philanthropic association, Realdania By & Byg. The partnership aims at developing a modern and sustainable new district between Køge’s city centre and the coast line.Bonava develops a total of 137 modern, high-quality apartments, including 12 senior friendly apartments, shared roof terraces, and recreational areas, which will contribute to the establishment of Køge Coast as an attractive new neighbourhood for citizens, businesses, and investors.Having formerly served as the city’s commercial port, Køge Coast is currently undergoing a substantial transformation into becoming a diverse and unique urban neighbourhood that will enhance Køge as a significant growth area, while relieving the massive pressure on the Copenhagen housing market.“As a result of the continuous upward pressure on prices on the housing market in Copenhagen, the demand for alternative residential locations has increased, positioning Køge as an ideal alternative. Apart from Køge’s proximity to Copenhagen, residents will benefit from Køge’s idyllic recreational nature, modern and historical city centre as well as the excellent infrastructure adding to the city’s potential and positioning it well for further future growth”, says Jesper Bo Hansen, Head of Corporate Finance at Catella.The project is developed in collaboration with the Danish architect Danielsen Architecture and Bonava will deliver it to PFA in stages during 2020.“As their financial advisor, we appreciate the trust and the mandate given to Catella by Bonava. The development of Køge Coast has just begun, and we look forward to experiencing the full potential of Køge Coast unfold”, says Jesper Bo Hansen.

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H.I.G. Capital Invests in Logistics Assets in Denmark

Posted by fidest press agency su sabato, 7 aprile 2018

H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity investment firm with over €20 billion of equity capital under management, announced today that one of its affiliates has recently completed the acquisition of a 48,000sqm logistics portfolio in Denmark. Terms were not disclosed.H.I.G. continues to add to its sizeable holdings of real estate assets across Europe, consisting of both equity as well as debt investments, with a particular focus on its target market of value-added small/midcap opportunities.Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty Partners in London, commented: “The Nordic real estate markets represent a key part of our European value-add strategy and we continue to actively look at opportunities in the small/midcap sector in these countries across the capital structure.” Fredrik Steinum, Director at H.I.G. Europe Realty Partners in London, added: “The transaction demonstrates our ability to leverage our strong network and track record in the Nordic markets to acquire high quality assets with significant value-add potential.”

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Antitrust: Commission invites comments on TenneT’s proposed commitments to increase cross border electricity capacity with Denmark

Posted by fidest press agency su domenica, 1 aprile 2018

The European Commission has invited comments on commitments by the German grid operator TenneT to increase capacity on the electricity interconnector between Western Denmark and Germany. The commitments are in response to Commission concerns that capacity restrictions may breach EU antitrust rules.Prior to the opening of the investigation and sending of a preliminary assessment on 19 March 2018, TenneT had already been in commitment discussions with the Commission. The opening of the investigation allowed TenneT to formally submit a set of commitments to address the Commission’s concerns. In particular, TenneT is proposing to ensure that the maximum capacity of the interconnector between Denmark and Germany would be made available to the market, while preserving the security of the German high-voltage electricity network. The Commission invites all stakeholders to submit their views on the commitments. Taking into account all comments received, the Commission will then take a final view on whether the commitments address its competition concerns. Commissioner Margrethe Vestager, in charge of competition policy, said: “Electricity interconnectors must be open to cross-border trade if we are to build a real Energy Union. To achieve this we need to ensure that energy flows freely without any capacity restrictions that may breach EU antitrust rules. In this context, we will assess whether TenneT’s proposed commitments address our competition concerns in light of the responses of interested parties.

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Catella Wohnen Europa investment fund acquires project developments in Denmark and Germany

Posted by fidest press agency su lunedì, 27 novembre 2017

catellaBerlin-based investment manager Catella Residential Investment Management GmbH (CRIM), focused exclusively on residential assets, has acquired two project developments for the Catella Wohnen Europa investment fund: one in Bremen, Germany, and the other in Aarhus, Denmark. The total purchase price of the 25,000 m2portfolio was around EUR 88.6 million.“The two acquisitions will allow us to further diversify our existing portfolio. In terms of residential property, Aarhus and Bremen are core markets, given that their population sizes are predicted to increase long-term and demand already significantly exceeds supply. Accordingly, the investments are a perfect fit for our broad-based portfolio”, says Benjamin Rüther, Deputy Fund Manager at Catella.
About the Bremen acquisition: microflats near the university A microflat complex with 215 units and total residential space of around 12,470 m2was acquired in the Hanseatic City of Bremen. The high-spec building, currently under construction by a company in the Zech Group, is expected to be completed and handed over to its future tenant, the City of Bremen, in March 2018. The city has entered into a 10-year double-net lease with an option to extend for a further five years. The purchase price is around EUR 35.5 million.
The development is located very close to the university in the north-east of the city and benefits from excellent public transport links.About the Aarhus acquisition: high-quality residential units in a growing market
A project development measuring around 13,000 m2with a total of 162 residential units was acquired in Aarhus, the second-largest city in Denmark. Unit areas range between 56 and 117 m2and completion is expected before the end of this year. The purchase price is around EUR 53.1 million.The project is located in one of five new districts in the city that have been earmarked for development to meet the very strong demand. The city’s population, currently around 340,000, is expected to grow by another 10 percent by 2025. Aarhus is home to some 58,000 students and 125,000 people under the age of 25.
The Catella Wohnen Europa investment fund is a German open-end mutual real estate fund for semi-professional and wealthy private investors looking to invest at least EUR 500,000. Launched in February 2016, the fund accumulated real estate assets under management of more than EUR 450 million in a single year. Catella Wohnen Europa invests in selected European core markets including Germany, France, the Netherlands and Scandinavia.

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European Parliament gives a green light to cooperation agreement between Denmark and Europol

Posted by fidest press agency su sabato, 29 aprile 2017

DanimarcaA broad majority of MEPs on Thursday backed the proposal to establish an operational and strategic cooperation agreement between Denmark and Europol. Parliament backed the cooperation agreement with 569 votes to 8, with 62 abstentions.
“The fight against cross-border crime and terrorism necessitates close cooperation among EU member states. A sudden departure of Denmark from Europol could lead to operational gaps and reduce the EU’s capacity to fight organised crime and terrorism. It is therefore important that we ensure a sufficient level of cooperation with Denmark after 1st of May”, said lead MEP Agustín Díaz de Mera (EPP, ES).
In it’s resolution Parliament notes the exceptional nature of the foreseen arrangement between Europol and Denmark and repeats that MEPs would have liked to see “an expiry date of five years” in order to ensure its transitional nature “with a view to a more permanent arrangement”.In line with the joint declaration from the President of the European Council, the President of the European Commission and the Prime Minister of Denmark, MEPs also stress that the agreement is conditional on Denmark’s continued membership of the Union and of the Schengen area, Denmark’s obligation to fully implement in Danish law the directive on data protection in police matters by 1 May 2017 and Denmark’s agreement to the application of the jurisdiction of the EU Court of Justice and the competence of the European Data Protection Supervisor.
The European Parliament needs to be consulted before the agreement can enter into force.
Background. The cooperation agreement aims to minimise the negative impact of Denmark’s departure from Europol on 1 May 2017, following the Danish referendum on 3 Dec. 2015, and avoid creating gaps in the joint fight against serious crime and terrorism.
On 15 December 2016 the President of the European Council, the President of the European Commission and Denmark’s Prime Minister Lars Løkke Rasmussen issued a joint declaration proposing to associate Denmark to Europol in the form of a cooperation agreement.
Establishing this cooperation agreement has entailed two legislative steps: firstly, Denmark was added to the list of third countries with whom Europol can conclude cooperation agreements, secondly the cooperation agreement itself.
On 14 February 2017, the Plenary backed adding Denmark to the list of third countries with an overwhelming majority of 632 votes to 10, and 51 abstentions.

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Catella exclusive advisor in sale of one of the largest real estate companies in Denmark for DKK 4.3 billon

Posted by fidest press agency su mercoledì, 26 aprile 2017

Jesper Bo HansenCatella acted as exclusive financial advisor to the board of HD Ejendomme in the sale of the DKK 4.3 billion real estate company to funds managed by NIAM HD Ejendomme has agreed on terms with NIAM to divest all shares in the company. Simultaneously with the acquisition NIAM will inject new equity and recapitalize the company. Financial terms of the transaction are not being disclosed.NIAM is a strong owner with substantial experience on the Nordic real estate markets and the deal will enable HD Ejendomme to grow its portfolio under management with a focus on residential properties in Denmark.“This was a unique opportunity for us to acquire a large notably residential portfolio and a well-functioning management platform. We expect to utilize it as a platform for further investments and have a pipeline of potential acquisitions lined up,” says Kristian Krogh, Senior Director and Head of Denmark at NIAM.HD Ejendomme is one of the largest real estate companies in Denmark. It owns and operates approximately 2,000 residential and 375 commercial units across Denmark and employs some 85 people with headquarter in Odense. In 2014, the former CEO of Financial Stability Mr. Lars Jensen was appointed as chairman of HD Ejendomme to steer the company out of the financial crisis.“I am pleased that the assignment I took on is now solved. All the creditors will get their money back and those who continue to finance the company will continue under the new and recapitalized ownership,” say Lars Jensen, Chairman of HD Ejendomme.“We appreciate the trust and the mandate awarded to Catella by the board of HD Ejendomme. Catella is well positioned for this kind of highly complex mandate in line with our position being the link between property and finance,” says Jesper Bo Hansen, Head of Corporate Finance at Catella. (photo: Jesper Bo Hansen)

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Denmark-Europol: Parliament passes first step towards the establishment of a cooperation agreement

Posted by fidest press agency su giovedì, 16 febbraio 2017

europolDenmark should be added to the list of countries with which Europol can conclude operational cooperation agreements, the European Parliament recommended on Tuesday. However, MEPs also call on Council to set a sunset clause on a future agreement.Parliament passed the draft report by Agustín Díaz de Mera García Consuegra (EPP, ES) by 632 votes to 10, with 51 abstentions.”It is vital to keep Denmark in Europol for the security of all Europeans, nor will the Danish people be completely secure without Europol”, said Agustín Díaz de Mera García Consuegra. Adding Denmark to the list of countries with which Europol can conclude cooperation agreements (Decision 2009/935/JHA) constitutes a first step towards setting up an operational cooperation agreement between Denmark and Europol so as to minimise the negative impact of Denmark’s departure from Europol on 1 May 2017, following the Danish referendum on 3 December 2015.However, MEPs also call on the Council to provide “for an expiry date of five years after the date of entry into force” of the agreement.
Including a sunset clause in the agreement should “ensure its transitional nature with a view to full membership or the conclusion of an international agreement in accordance with Article 2018 TFEU” MEPs add.
When Denmark has been added to the list of countries with which Europol can conclude cooperation agreements, Council will need to consult Parliament on establishing the concrete cooperation agreement between Europol and Denmark. Parliament has no formal say on adding Denmark to the list and establishing a cooperation agreement, but it needs to be consulted on both issues before an agreement can be concluded.

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Hate and intolerance must be combated more strongly as social climate worsens

Posted by fidest press agency su giovedì, 1 ottobre 2015

conseil de l'europeResearch by the EU Agency for Fundamental Rights (FRA) shows that racism and xenophobia are a widespread problem in Europe today. As support for xenophobic and anti-migrant agendas grows, FRA calls in a special contribution to the European Commission’s first annual colloquium on fundamental rights for targeted awareness-raising measures, better data collection, and more effective access to justice for victims. The persistent lack of data is central to the Agency’s annual overview of data on antisemitism in the EU, which is also published today.“The attacks we have seen this year in France, Denmark and elsewhere in the EU are part of a climate of intolerance that we must fight with all the means at our disposal,” said FRA interim Director Constantinos Manolopoulos. “There are many positive initiatives around the EU, but in the current situation this is not enough. The EU and its Member States need to take immediate and decisive action to combat extremist, xenophobic and antisemitic discourse and crimes.”FRA points out in its annual overview of data on antisemitism in the EU that the reliable and comparable figures vital to help tackle the phenomenon effectively are currently missing. Not only do victims and witnesses need to be encouraged to report antisemitic incidents, but the authorities must also have systems in place to record them. The Working Party on combating hate crime set up by FRA in 2014 is cooperating with all 28 EU Member States to improve recording and encourage reporting of hate crime of all kinds, including antisemitic incidents. It also seeks to increase collaboration between government, law enforcement, prosecutors’ offices and NGOs, at the same time emphasising the importance of training for the police and others who work on the front line.Existing evidence shows that antisemitism remains an issue of serious concern in the EU, demanding decisive and targeted policy responses. The effective implementation of these responses would not only protect Jewish communities, but also give a clear signal that the fundamental rights of everyone living in the EU are taken seriously and safeguarded.
On the eve of the European Commission’s first Annual Colloquium on Fundamental Rights, FRA is today also publishing a separate paper. This discusses the ways in which political rhetoric at local, national and European levels is currently exacerbating an aggressive tone subsequently echoed online through the press and social media, generating a sense of insecurity and fear among members of ethnic and religious minorities in the EU. FRA’s conference contribution Promoting respect and diversity – Combating intolerance and hate calls for greater efforts to acknowledge ethnic, linguistic, cultural and religious diversity in our societies and use it to bolster social cohesion and growth.

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New Customer Experience Strategies to Win “Fans”

Posted by fidest press agency su lunedì, 23 marzo 2015

Copenhagen-docks, DENMARK Frost & Sullivan is pleased to announce that Dr. Phil Klaus, Visiting Fellow, Cranfield University School of Management Centre for Advanced Research in Marketing, will be the keynote speaker at the 9th Annual Customer Contact 2015, Europe: A Frost & Sullivan Executive MindXchange. This highly anticipated customer contact event will take place on 8-10 June 2015. Dr. Klaus holds multiple visiting professorships around the globe and is widely considered to be one of the leading customer service and marketing strategy experts in the field. His opening session is entitled, “Damned If You Do, Damned If You Don’t?! How to Design and Execute the Most Profitable Customer Experience (CX) Strategies.” Chris Brindley, Managing Director of Metro Bank, will be the keynote speaker on Wednesday, 10 June. A leading advocate of community banking with over 25 years experience in the retail banking industry, Mr. Brindley most recently succeeded in revolutionizing customer operations in UK banking. His customer-centric approach helped make Metro Bank an award-winning institution achieving record customer numbers, record deposit growth and record experience scores. Mr. Brindley will share some of these winning strategies in his keynote, “Creating Fans Not Customers.”Derek Williams, an international speaker, author and past Chief Executive of the Society of Consumer affairs, will be the Master of Ceremonies. Widely regarded as an international “guru” of customer service, Derek brings a tremendous amount of passion and energy to the field as he demonstrates in practical ways how to translate service into increased profits.The 9th Annual Customer Contact 2015, Europe: A Frost & Sullivan Executive MindXchange, is the place to be to help drive an enterprise-wide transformation and take customer experience excellence from an ideal to a reality. This prestigious event will explore the customer contact challenges senior executives worldwide face and will offer strategies and insights designed to help them outperform their competitors. Participants will benefit from panel discussions, interactive roundtables and extensive peer-to-peer networking opportunities, all hallmarks of Frost & Sullivan’s 2015 International Customer Contact Executive MindXchange Series.Registration is now open for the event, which will be held 8—10 June, 2015 at Scandic Copenhagen, Denmark. Senior executives from the United Kingdom, Switzerland, Germany, France, Sweden, Denmark, Finland and more than a dozen other countries will benefit from new ideas, creative approaches and case studies as well as highly interactive “think tanks” throughout the multi-day conference.Topics to be discussed all encompass the theme Next Generation Customer Care: Driving Real Change and include Delivering a Great Omni Channel Brand Experience; Serving Customers in Today’s Mobile and Digital World; and B2B Nuances: Transforming Your Customer Support to Drive Business Development and Growth.
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

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Weekend in Scandinavia

Posted by fidest press agency su sabato, 5 ottobre 2013

English: Copenhagen City Hall in Copenhagen, D...

English: Copenhagen City Hall in Copenhagen, Denmark (Photo credit: Wikipedia)

Copenhagen e Stoccolma: due capitali il cui stile di vita è sinonimo di benessere, avanguardia, contemporaneità e cultura. Due città dove abitare è un piacere, destinazioni turistiche di sicuro apprezzate e ricche di scoperte, da esplorare in un solo lungo weekend.
Copenhagen è una grande città, ma a misura d’uomo, dove le biciclette a centinaia circolano in perfetta armonia col (quieto) traffico cittadino. Sempre ai vertici delle classifiche per la miglior qualità di vita, Copenhagen si distingue perché qui le testimonianze della lunga e prestigiosa storia si sono evolute creando le basi per una città riconosciuta internazionalmente per il suo stile, l’architettura contemporanea, il design e l’eccellente cucina che da anni è nota per essere una delle più innovative e ricercate al mondo a base di ingredienti originali, ma sempre freschissimi. Qui i par chi cittadini, i castelli ed i musei, ma anche una scelta infinita di negozi ed atelier originali sanno come incantare il turista. Attraversando in treno i verdeggianti panorami scandinavi, da Copenhagen Vela Tour Operator vi accompagnerà alla regale Stoccolma, capitale che fa giustificato sfoggio del suo essere sede di una casa reale, elegantemente adagiata su 14 isole, perfettamente e agevolmente esplorabili in bicicletta. Terribilmente giovane e creativa, Stoccolma, vanta un’incredibile vita notturna, strizzando l’occhio allo stile vintage riconoscibile nella moda proposta tra le vie cittadine. Stoccolma è famosa per il suo forte carattere hi-tech che la rende perfettamente proiettata verso il futuro, ma anche per i suoi 75 musei cittadini e gli splendidi giardini.
Ambedue le città, quando si avvicina l’inverno si trasformano in luoghi magici, soprattutto se ad accogliervi sarà la soffice coltre di neve che annuncia il Natale, qui celebrato con coloratissime decorazioni e mercatini caratterizzati dall’invitante profumo di cannella e biscotti.

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DANISH+ The only showcase of its kind in Europe

Posted by fidest press agency su lunedì, 6 febbraio 2012

Aarhus Universitet Aarhus, Denmark

Image via Wikipedia

Aarhus, Denmark 6-9 May 2012 International festival and theatre programmers and selected cultural journalists are invited to participate in the theatre showcase, :DANISH+, taking place in Aarhus, Denmark, from 6-9 May 2012. The showcase will present the best in Danish performing arts for young audiences. Denmark’s Minister for Culture, Uffe Elbæk, will be giving the opening speech.The programme is all set for :DANISH+, the third international showcase for Danish performing arts for young audiences. The showcase – the only one of its kind in Europe – features Danish works translated into English and is aimed at a broad international array of festival and performing arts promoters.
The best way to describe the showcase is by calling it an export fair for the most outstanding Danish performing arts for young audiences. Danish children’s theatre has a great reputation worldwide and the originator of the project, TeatretGruppe 38, is one of the groups who have received international acclaim. This was made clear when the theatre won the prestigious ASSITEJ International President Award 2011.The latest calculations from ASSITEJ Denmark state that 26 member theatres toured 70 times with 49 different productions from the autumn of 2008 to the spring of 2009. This equals a total of 371 performances around the world. In other words, there is at least one Danish children’s theatre show being performed somewhere in the world every day.
Denmark’s Minister for Culture, UffeElbæk, will give the speech on opening night. This underlines the fact that the showcase is an important export opportunity for Danish performing arts. The showcase receives funding from the Danish Arts Council and the Municipality of Aarhus and is cooperating with the Danish Cultural Institute situated in 11 countries around the world. During the showcase there will be a number of talks on performing arts foryoung audiences. One of the speakers is the Danish writer Knud Romer who will give an energized and inspiring talk on why culture is so important. To former :DANISH+ showcases, visitors have come from far away countries like Australia and China. This year it is expected that approximately 80 festival and theatre programmers, journalists and cultural attaches from around the world will come to Aarhus for the 2012


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2012 will bring Danish culture to all Europeans

Posted by fidest press agency su venerdì, 16 dicembre 2011

Denmark 2011

Image by ekai via Flickr

When Denmark assumes the EU Presidency in 2012, everyone in Europe will get a little taste of Danish culture. An ambitious cultural program with more than 150 unique events will be revealed today – with a particular focus on Danish film and Danish cultural heritage.When the Danish government assumes the EU Presidency on January 1, 2012, everyone in the 27 EU member states will have a chance to participate in more than 150 unique cultural events that will take place in European capitals everywhere during the first half of 2012. Slovakian scholars will dissect Kierkegaard, innovative Danish bicycle designs will be unveiled in Berlin, the National Museum in Warsaw will display the art of Danish jewelry, the Royal Danish Ballet will capture Paris, while Czech school children will pursue their zest for reading in the company of Hans Christian Andersen. The best string quartet in Greece will interpret a selection of Carl Nielsen’s works in Athens, while the mobile Danish film studio Film-Y will provide hundreds of Belgian school children the opportunity to produce their own films.The Danish Minister for Culture, Uffe Elbaek says:“I am very proud of this cultural celebration of Denmark’s EU Presidency. It shows that art and culture can help create a new common future for European democracies, because all the citizens of Europe are invited to participate. The cultural celebration during Denmark’s EU Presidency – and culture in a general sense – creates an elegant platform to provide us with new inspiration and ideas for the further development of Europe.”As a part of the cultural celebration of the EU Presidency, the Danish Film Institute has put together a powerful focus on Danish film. 20 Danish films in the children’s film, feature-length film, documentary, and classic film genres will be distributed in all 27 EU member states through Danish embassies and cultural institutes. There will also be a special Danish focus at selected European film festivals, and master classes for promising talent in European film will be offered in Denmark.The Heritage Agency of Denmark has developed ’European Stories’, an interactive cultural heritage site that shows the European influence on Danish cultural heritage. People from all over Europe are invited to contribute stories and tales. The site is a refinement of the popular site ‘1001 Stories of Denmark’.This cultural celebration during Denmark’s EU Presidency is a part of the International Cultural Panel’s strategic action plan for 2012 and has approximately DKK 6 million in funding from the Danish Ministry of Foreign Affairs and the Danish Ministry of Culture. The Danish Arts Agency, together with the Danish Film Institute, the Heritage Agency of Denmark and the Danish Ministry of Foreign Affairs, has the responsibility for its development and implementation. Danish embassies and cultural institutes throughout Europe will be responsible for the implementation of local cultural activities.

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