Denmark moves into the top 3 in the World Bank’s ‘Doing Business’ ranking published today. It is the fifth year in a row that Denmark is ranked as the easiest place in Europe to do business, only Singapore and New Zealand rank above Denmark.
The Danish Minister for Foreign Affairs, Kristian Jensen, says:
– “Creating a good and efficient business environment for both foreign and Danish companies is a key priority of the Danish government, and I am pleased to see that our continuous efforts show results and Denmark is again acknowledged as best in Europe for doing business.”
– “It is the second year in a row that Denmark takes a step up in the World Bank’s Doing Business ranking and I hope that more foreign investors will consider growing their business in the world’s third best country for business.”
US pharma giant invests heavily in Denmark One of the foreign companies that has already invested massively in Denmark is Bristol-Myers Squibb (BMS), one of the biggest American pharmaceutical companies.
In the past year, BMS has invested in four large deals and partnerships in Denmark: Bavarian Nordic, Novo Nordisk, Galecto Biotech, and Dako.
These agreements are valued at over 1.4 Billion USD.
“Denmark is focused on supporting innovation, which creates a positive context for our investments and we are happy to see Denmark recognized today,” says Emmanuel Blin, Senior Vice President and Head of Commercialization, Policy & Operations at Bristol-Myers Squibb Company.
“At Bristol-Myers Squibb, we recognize that innovation happens everywhere and partnering is an important part of our strategy. In the past year, we have partnered with four Danish life sciences companies, showing that the Danish life sciences’ cluster is among the most innovative in Europe.”
… read more, where you also can download the report or see the entire ranking.