AmCham Yearbook - 2006

Transcription

Member of the Amcham network
2006
Yearbook
Membership Directory
An Official Publication of the American Chamber of Commerce in Denmark
AmCham Denmark Yearbook & Membership Directory
2006
Omslag m_9mm_ryg06_ANN #2
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2006
Founded in 1999, the American
Chamber of Commerce in
Denmark (AmCham Denmark) is
a non-profit, non-governmental
business association that is part
of the international network of
AmChams spanning 102 countries and headquartered in
Washington DC. Our core mission
is to promote entrepreneurship
and innovation, enhance global
competitiveness, and create an
attractive investment climate for
American and international companies in Denmark and Danish
companies in the U.S. With more
than 270 members and still growing, AmCham Denmark is proud
to be the voice of companies
committed to strengthening the
trans-Atlantic trade relationship.
AmCham Denmark’s Yearbook
& Membership Directory is
an official publication of the
American Chamber of
Commerce in Denmark.
Managing Editor: Chris Eberhart
Writer and Editor: Scott Berman
Layout & Design: Woer|Gregorius
Printing: Phønix Trykkeriet A/S
Contact Information:
AmCham Denmark,
Christians Brygge 28, 1. th
1559 Copenhagen V, Denmark
Phone (+45) 33 932 932
Fax (+45) 33 130 517
[email protected]
www.amcham.dk
The American Chamber of
Commerce in Denmark has made
every effort to insure the accuracy
of the information in this publication. We apologize for any errors
or omissions.
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Contents
Message from the Ambassador
6
Message from the Chairman
8
Board of Directors
9
About AmCham Denmark
11
Message from the Executive Director
12
AmCham Staff
12
AmCham Denmark Profile
13
AmCham Denmark Committees
17
AmCham Denmark Company Promotions
25
AmCham Denmark Events
29
Special Section
Denmark, Finland, Norway, & Sweden
The Strength of the Nordics
47
AmCham Denmark Members
63
AmCham Denmark Annual Membership Reception
& Business Award
73
Membership 101
75
AmCham Denmark Membership Directory
77
AmCham Denmark Worldwide Network
111
Other Key Contacts
119
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Message from the
Ambassador
An Open Letter from the American Ambassador
I am very pleased to be representing the United States of America here in the Kingdom of Denmark, a great friend
and ally to America and to all of those who cherish freedom. I arrived in mid-August and presented my credentials
to Queen Margrethe II on September 9. The schedule of briefings, introductory meetings, and events has been
heavy over these last few months, but I have enjoyed it immensely. One of the highlights of my new experience
has been getting to know the leadership and members of the American Chamber of Commerce in Denmark.
I had heard great things about the American Chamber of Commerce in Denmark even before I arrived. I am
pleased that the reality is even better than the reputation. The AmCham is still growing but is now a mature,
strong, and well run organization. I know that this would not be possible without the excellent work of the Board
of Directors with Paul Coleman at the helm and of Executive Director Stephen Brugger and his fine staff.
While I have only been here for a little over 100 days, I have been impressed with the events such as the October
11 Reception and Business Award Ceremony, where I had the honor of presenting the annual award to the very
deserving Danish subsidiary of Texas Instruments. I was also very pleased with the turnout and the substantive discussion at the November 15 Roundtable with Managing Directors and the special family Thanksgiving Dinner
Celebration. I know that these events are just the beginning of a great partnership.
Above all, I am impressed with the drive to develop AmCham into an organization that advocates strongly on
behalf of its membership on issues that matter to business. While some have suggested that such a role is not
necessary, I believe that there are always ways in which even a good investment environment, such as the one
here in Denmark, can be improved.
I look forward to developing an even closer relationship with the American Chamber of Commerce in Denmark,
its board, its staff, and its members. I am sure that 2006 will be a great year for AmCham.
Gratefully,
James P. Cain
Ambassador of the United States of America
To the Kingdom of Denmark
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Ambassador James P. Cain
Ambassador James P. Cain was nominated by President
Bush as U.S. Ambassador to Denmark on June 30, 2005.
Following confirmation by the U.S. Senate on July 29,
Ambassador Cain took the oath of office in the Old House
Chamber of the State Capitol in Raleigh, North Carolina on
August 10, 2005. He and his family arrived in Denmark on
August 14, 2005.
Ambassador Cain, a native North Carolinian, did his
undergraduate work and earned a law degree from Wake
Forest University. He was with the international law firm
of Kilpatrick Stockton for 20 years, co-founding the firm’s
Research Triangle office in 1985. Ambassador Cain served
as the President and Chief Operating Officer of the
National Hockey League Carolina Hurricanes and their
parent company, Gale Force Holdings. He stepped down
after the Team went to the Stanley Cup Finals in 2002.
Ambassador Cain has served on the Boards of the North
Carolina Citizens for Business and Industry, the Wake
Leadership Academy, and the North Carolina Character
Education Foundation. He also served as a regional chair
of the American Red Cross, American Diabetes Association
and Boy Scouts of America annual campaigns. He has
chaired the Boards of the Food Bank of North Carolina,
Communities in Schools of Wake County, and the Eastern
North Carolina Chamber of Commerce. He is an active
member of the White Memorial Presbyterian Church.
Ambassador Cain has been politically active for many
years, going back to the early campaigns of President
Ronald Reagan. He served as Republican National
Committeeman for North Carolina from 2003 to 2005,
and served as Regional Chairman and the State Finance
Vice Chairman for the Bush-Cheney ‘04 Campaign. He
served as President Bush’s Emissary to the Philippines for
the Inauguration of President Gloria Macapagal-Arroyo in
2004.
Ambassador Cain has been honored by his community as
“Business Leader of the Year” by Business Leader
Magazine, received the John Ross Leadership Award from
the Greater Raleigh Convention and Visitors Bureau, and
received the National Outstanding Community Service
Award from the American Diabetes Association in 2003.
American Chiefs
of Mission at Rydhave
Minister Monett B. Davis (1945)
Ambassador Josiah Marvel, Jr. (1946-1949)
Ambassador Eugenie Andersen (1950-1953)
Ambassador Robert Coe (1953-1957)
Ambassador Val Peterson (1957-1960)
Ambassador William McCormick Blair, Jr. (1961-1964)
Ambassador Katherine E. White (1964-1968)
Ambassador Angier Biddle Duke (1968-1969)
Ambassador Guilford Dudley, Jr. (1969-1971)
Ambassador Fred J. Russel (1971-1972)
Ambassador Philip K. Growe (1973-1975)
Ambassador John G. Dean (1975-1978)
Ambassador Warren D. Manshel (1978-1981)
Ambassador John L. Loeb, Jr. (1981-1983)
Ambassador Terence Todman (1983-1989)
Ambassador Keith L. Brown (1989-1992)
Ambassador Richard B. Stone (1992-1993)
Ambassador Edward E. Elson (1993-1998)
Ambassador Richard N. Swett (1998-2001)
Ambassador Stuart Bernstein (2001-2005)
Ambassador James P. Cain (2005-)
Ambassador Cain and his wife Helen have two daughters,
Cameron (age 15) and Laura (age 13).
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Message from the
Chairman
AmCham Denmark built bridges in
2005. Your chamber made new connections internally, with other
AmChams, with Danish and American
lawmakers and diplomats, and with
senior executives at Danish, U.S. and
foreign companies operating here and
abroad.
We built bridges by communicating
more than ever before the value of
being a member of AmCham and how
to put your membership to work for
your organization. I know personally how our members and
staff stress some ways in particular. These include: using the
AmCham network for introductions to new markets, helping
affect regulatory and tax policies through our committees,
enhancing the value of your membership by getting your
entire management team involved, and participating in our
targeted Business Breakfasts, Executive Forums, Partner
Events, and Company Promotions.
Your chamber built bridges by making policy and advocacy
top priorities. A new committee, Taxation, was formed, and
issued a detailed position paper with the Danish government.
A second committee, Pharmaceutical, has also contributed
substantive policy, and our other seven committees continue
to contribute value and insight.
Let me take this opportunity to thank you, our members, for
your support and continued commitment to pursuing business opportunities here.
In the coming year, we will work together to further private
enterprise, global competitiveness, inward investment in
Denmark, and unrestricted trade and investment between
our nations. And we will keep building bridges.
Paul Coleman, General Manager, Biogen Idec
AmCham also built bridges with the new U.S. Ambassador to
Denmark James P. Cain, and the new Deputy Chief of Mission
Sandra Kaiser, who both arrived in Denmark in 2005. The
chamber board has shared ideas with these two outstanding
public servants. I am honored and encouraged by their commitment to help further the development of economic and
commercial relations between the U.S. and Denmark. We
look forward to working with them in the coming year.
Board of Directors
AmCham Denmark
AmCham Denmark Lifetime Honorary Members:
2001
2002
2003
2005
2005
2005
–
–
–
–
–
–
Ambassador Richard N. Swett
Christopher Beede, Embassy Economic Officer
Elias Panayotopoulos (Chairman 2001- 2003)
Ambassador Stuart Bernstein
Jonathan Grover (Chairman 2003 - 2004)
Deputy Chief of Mission Sally Mathiasen Light
Management
AmCham Denmark's chief governing and policy body consists of a board of directors democratically elected by the
membership for two-year terms. Through the donation of their time and experience, the board members are responsible
for the overall strategies and policy decisions of the AmCham Denmark organization.
The board appoints an executive director who manages the organization’s daily operations in the areas of membership,
publications, finances, advocacy programs and the work of the various committees.
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AmCham Denmark
Board of Directors
Honorary President:
Chairman:
James P. Cain
Paul Coleman
U.S. Ambassador to Denmark
General Manager
United States Embassy
Biogen Idec Manufacturing ApS
Vice Chairman:
Treasurer:
Eskil A. Westh
Per Månsson
Partner
Executive Vice President & CFO
Amrop Hever
Novozymes A/S
Torben Juul Andersen
Jørgen Bardenfleth
Associate Professor
Country General Manager
Copenhagen Business School
Microsoft Denmark
Steen Blomquist
John Buckles
Head of Transaction Services
Managing Director
KPMG
Nordisk Kellogg’s A/S
Jørgen A. Engell
Robert Grader
Executive Vice President
General Manager
A.P. Møller – Mærsk A/S
Copenhagen Marriott
Jesper Bertel Hansen
Søren Holm
Strategic Account Manager,
Chairman
Europe
Amerada Hess ApS
Tim Koenig
Mark Luscombe
Managing Director
Managing Director
3M a/s
Citigroup Denmark
Daniel O’Day
Kim Østrup
General Manager
Vice President
Roche a/s
IBM Danmark A/S
Ex-Officio liaison Board Member:
Greg Burton
Economic Officer
United States Embassy
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Copenhagen, Nyhavn
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AmCham Denmark
Message from the Executive Director
Our Mission
What We Do
Membership
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Message from the
Executive Director
Busy and strategic are two apt
adjectives for AmCham Denmark
as it enters 2006.
AmCham is targeting potential members that will help your chamber grow
strategically. We are sustaining and
servicing existing members, and providing added value to memberships.
That takes many forms, including conducting policy-driven events with key
diplomats, ministers, and business leaders, whose decisions impact the economic climate in which our companies
operate.
We are providing a voice for international and American businesses in Denmark, and for Danish companies doing business in the United States. The chamber is also striving to
show international and American companies already here
why Denmark is the right location for further growth, and
how to communicate this to headquarters. AmCham’s committees and their work on policy and advocacy exemplify the
progress we’ve made, and you can read more about this in
the committee section of this yearbook.
The chamber is working strategically throughout the
Nordics, in our expanding cooperation with our sister
AmChams in Norway, Sweden, and Finland, and with the
Commercial Service Offices in the U.S. Embassies. Please see
the Special Nordics Section in this yearbook for details.
The chamber has also started the process of putting ourselves
before the media more often, in order to be heard on key
issues and get results for our members. National business and
regional print coverage of the AmCham Business Award in
October 2005 – and of the winner, Texas Instruments
Denmark A/S – is an example of our new visibility. We plan a
similar approach in advance of other events in 2006.
AmCham has the membership, the diversity, the track record,
and is developing the policies to step out before media for
strategic purposes. This approach will bring more visibility, a
stronger voice, and recognition for your companies and the
issues you face.
Finally, our Membership 101 initiative in 2005 set before
members more explicitly than ever before the benefits of the
AmCham network. This successful program brought in executives representing a cross section of our membership. They
came away with new ideas about putting AmCham to work
for their businesses.
We hope that you will find the 2006 yearbook to be an
informative resource for your business. The information you’ll
find here may even generate some new ideas about optimizing your membership. Thank you to our sponsors for making
this publication possible and thanks to you, our members for
you continuing participation and support.
Stephen Brugger
AmCham Denmark · Staff
Chris Eberhart
Member Services
12
Bo Kristensen
IT Specialist
Scott Berman
Journalist
Tania Groth
Member Services
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AmCham Denmark Profile
Our Mission
AmCham’s mission is to promote entrepreneurship and
innovation, enhance global competitiveness, and create
an attractive inward investment climate in Denmark and
in the U.S. for the benefit of our members and the international business community as a whole.
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What We Do
The core value of AmCham Denmark membership is derived from:
1) Policy and Advocacy
• Promotion of the private enterprise system and the image of American and international
business.
• A voice for U.S. and international business in Denmark
Cooperation with the U.S. Embassy and U.S. Commercial Service
Dialogue with key Danish governmental officials and organizations
• A voice for Danish business in the U.S.
Accreditation by the U.S. Chamber of Commerce provides access
to U.S. legislators and governmental agencies
2) Company Promotion and Profiling
•
•
•
•
Profiling opportunities via AmCham publications, website, and events
Company events at the U.S. Embassy with free AmCham planning services.
Access to new markets through the AmCham worldwide network.
Access to AmCham’s exclusive membership database for member-to-member
promotions and offers.
3) Networking Opportunities
• AmCham events and activities provide a forum for the development of members,
professional and personal networks.
• AmCham committees and task forces promote cross-company cooperation and build
valuable relationships.
• The AmCham worldwide network provides members introductions and access to
business organizations and governmental agencies in over 100 countries.
4) Information Sharing
• Exclusive events with congressional delegations, internationally renowned speakers
and key decision-makers address relevant and timely issues.
• AmCham committees and task forces
facilitate the exchange of best practices
review and communicate relevant legislation and its implications
• OSAC Denmark Security Council provides a forum for the private sector and the U.S. Embassy,
facilitating the bilateral exchange of information and promoting programs to enhance
the safety and security of the community.
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Membership
AmCham Denmark membership is open to both major corporations and small businesses
(American, Danish and others) that have direct links to American business interests. Approval
of membership resides with the AmCham Denmark board of directors. The chamber has three
membership categories: Patron, Corporate, and Associate.
Patron Membership
Voting membership open exclusively to American companies or companies incorporated in the
U.S. Benefits include:
•
•
•
•
•
•
•
•
•
Eligibility for election to the AmCham Denmark board of directors
Exclusive invitations to Patron member events
Invitations to all regular events and activities for up to five company representatives
Participation in all Executive Forum events
Eligibility for chairmanship of AmCham Denmark committees
Special profile with a company logo in the Annual Membership Directory
Corporate profile and news features in chamber newsletters and publications
Professional assistance from chamber staff in organizing corporate events
Listing on the chamber website with company logo and link
Corporate Membership
Voting membership open to American, Danish, and other companies. Benefits include:
•
•
•
•
•
•
Eligibility for election to the AmCham Denmark board of directors
Invitations to all regular events and activities for up to two company representatives
Participation in Executive Forum events (by invitation)
Eligibility for chairmanship of AmCham Denmark committees
Listing in the Annual Membership Directory
Listing on the chamber website
Associate Membership
Non-voting membership open to small businesses and organizations with 15 or fewer
employees. Benefits include:
•
•
•
•
Invitations to all regular events and activities for one company representative
Participation on AmCham Denmark committees
Listing in the Annual Membership Directory
Listing on the chamber website
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Copenhagen, The Marble Church
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Side 17
AmCham Denmark Committees
AmCham Denmark’s committee system is
a key aspect of what we do and hope to
accomplish as an organization. Our committees are drivers of policy and advocacy
which AmCham has made a priority in
2006. The Tax and Pharmaceutical committees were the first out of the gate in
2005; each developing detailed policy
statements that you will find excerpted in
this section.
In addition to fueling advocacy, committees foster cooperation between companies within the same sector, such as
Pharmaceutical, Insurance, See AmericaDenmark, and Analytical Instruments;
across sectors, such as Tax, Human
Resources, and OSAC; or regionally, such
as Øresund and Jutland.
Our committees work with many issues
that directly or indirectly affect key operations of organizations, whatever their sector. For example, all AmCham members
have a direct stake in taxes, security, risk
management, innovation, professional
development, and a healthy, productive,
and motivated workforce. Each type of
committee enables members to identify
and address common issues, and achieve
common goals. All the more reason to get
involved.
AmCham Denmark currently
supports nine committees:
Analytical Instruments
Human Resources
Insurance
Jutland
OSAC
Pharmaceutical
See America
Tax
Øresund
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Side 18
Following is an excerpt from the
Tax Committee’s April 2005 position statement on the proposed
Danish taxation bills L120 and
L121:
“During 2004 and already in 2005,
the Danish government has introduced comprehensive new tax legislation with substantial impact on
the business operations of international companies in Denmark.
Each time a new bill has been proposed, the Danish government has
stated that the purpose is to close
various loopholes. AmCham
Denmark appreciates that loopholes need to be blocked.
However, it is difficult to comprehend why the most drastic and
complicated way of doing this
seems to be chosen.
Alternatively, it could be recommended that anti-avoidance legislation should be more specific and
focusing only on loopholes tempting the few rather than introducing material changes affecting all
international business operations.
Imposing anti-avoidance legislation that only affects the few
appears to be possible in countries
to which Denmark is often compared.
Denmark is quickly gaining a reputation of being the most unstable
tax-regime within the EU. Stability
is one of the most crucial factors
when international businesses
decide on locations.
Constant change of tax legislation,
the increase of the tax burden and
not least the compliance costs on
international operations is harmful.
This makes Denmark a less attractive location to establish or expand
international business operations.”
For the full text, see the Tax
Committee section of
www.amcham.dk
The Taxation Committee officially forms in January 2005.
Tax
In 2005, AmCham Denmark established a Tax Committee, whose primary
objective is to identify, disseminate and communicate Danish tax laws and
legislation impacting American and international companies in Denmark. The
committee works with its members to form policy positions on key taxation
issues that are presented and discussed with relevant Danish ministries and
governmental agencies with the aim of ensuring an equitable taxation environment in Denmark for U.S. and international investors.
The committee came together to consider and address the general message being sent by tax policies to the international business community. Tax
policies impact decisions of international companies considering where to
establish businesses in Northern Europe.
In March 2005, the committee submitted a position statement to Danish
Tax Minister Kristian Jensen. The following month, Jensen addressed
AmCham’s Annual General Meeting, offering his view of Denmark's readiness
to compete tax-wise in a global economy. The event is covered more fully in
the event review section of this yearbook.
Minister Jensen;
Stephen Brugger,
AmCham
Denmark; and
AmCham Tax
Committee member Per Ørtoft
Jensen, KPMG.
Taxation Steering Group: Ove Lykke Hindhede, PriceWaterhouseCoopers; Michael Kirkegaard, Ernst & Young; Per Ørtoft Jensen, KPMG;
Nikolaj Bjørnholm, Bech-Bruun; Troels Graff, Deloitte; Ellen Hertz Bilberg, US Embassy (ex-officio member); Ulrik Fleischer-Michaelsen, Rønne
& Lundgren; Henriette La Cour, Accura; Jochem Van Rijn, Citco; Poul Gunnar Jensen, MASQ; and Morten Kenhof, Moore Stephens Denmark.
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Side 19
Following is an excerpt from
the Pharma Committee’s 2005
position statement:
Invest in a broadly accessible
healthcare system valuing
innovation
“The healthcare system, one of the
biggest sectors in the Denmark,
representing approximately 7%
(2003: 98 billion DKK of which
11,3% is medicine expenditures)
of GNP, is facing increasing challenges. The biggest problem over
the years has been the focus on
healthcare costs. Healthcare is very
much seen as a cost rather than as
an investment with significant
returns, as exemplified by the lack
of a healthcare policy. However,
investments in innovative healthcare are essential for the health of
the population and the health of
the workforce in Denmark….
Dan O’Day, General Manager, Roche, and fellow AmCham Pharma Committee
member Jan Hendrickx, General Manager, sanofi-aventis.
Pharmaceutical
AmCham Denmark’s Pharmaceutical Committee is a Managing Director
forum that works to improve the overall image of research-based international
pharmaceutical companies in Denmark. Through our investments in research
and development and our work with the Danish healthcare system, we hope
to fulfill our vision in becoming an invaluable asset to both the industry and to
the people of Denmark.
Toward that end, the committee works with various stakeholders in the
Danish healthcare system in coordination with the Danish Pharmaceutical
Industry Association, LIF. Currently, members of the Pharma Committee are
cooperating closely with LIF to move forward on important industry goals.
Among the goals: to establish an understanding of how access to innovative pharmaceuticals improve people’s health in Denmark; proactively seek
influence in the Danish healthcare system and to bring access to medicines in
alignment with international best practice; and ensure that decisions made in
the future political environment will not endanger the availability of innovative medicines vital to patients and society.
The quality of the healthcare system directly impacts on the quality
and productivity of the workforce.
Waiting lists, the length of recovery periods and the undervaluation
of innovative treatments cost labor
time and thus productivity.
Quality and availability should be
stimulated by an environment that
is much more competitive and performance driven, instead of the
budget driven mentality that often
prevails now. Increased transparency in quality levels and
patient empowerment are keys to
creating a more client-oriented system that delivers in line with market needs. This should be further
enhanced by deregulation and simplification of processes so that
healthcare professionals can dedicate their time to their core activity
of treating people instead of
spending time on the administrative burden...” For more on the
committee’s work, see the
Pharmaceutical Committee section
of www.amcham.dk
Pharmaceutical Committee: Chairman, Dan O’Day, Roche; Paul Coleman, Biogen Idec; Karen Lykke Sørensen, sanofi-aventis; Simon Jose,
GlaxoSmithKline Pharma; Jean-Paul Kress, Abbott Laboratories; Hari Sven Krishnan, Novartis Healthcare; Peer Nørkjær, Janssen-Cilag; Jan
Peutzfeldt, Ferring Pharmaceuticals; Peter Popowicz, Wyeth Denmark; Eric J. Sandquist, Merck Sharp & Dohme; Karin Verland, Pfizer; Victoria
Carey, Bristol-Myers Squibb.
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Side 20
AmCham HR Committee
member Aida Vestergaard
Andersen, Aidacom; Merrill
Anderson, CEO, and Dianna
Anderson, Vice President,
MetrixGlobal; and HR
Committee member, Randy
Spicochi, HR Country
Manager, Biogen Idec.
Human Resources
The Human
Resources
Committee is
comprised of HR
management professionals from
AmCham
Denmark member
companies across
2005 HR Committee
all industry secChair Ellen Raahede,
tors. Committee
GE Money Bank
members work
together to identify common “HR related“
issues, and propose viable solutions in a collective effort to enhance employee satisfaction while working within various corporate
guidelines.
The committee provides a meeting forum
for Human Resource management professionals to consider strategic issues, facilitate
regular exchange of information, and share
best practices within the area of HR management, in order to create a stronger workforce
and an enhanced working environment
overall. The committee’s goal is to be a
leader in the development of sound HR policies and programs that will encourage a
healthy, productive workplace for all.
It was a productive year for the committee.
Events included a Business Breakfast at the
U.S. Embassy in December 2004 that considered international HR trends, an April 2005
meeting on flexible benefits, and an October
2005 event on coaching. The meetings
brought together diverse experts on these
topical and relevant issues concerning the
changing HR scene.
Ellen Raahede, Director of Human
Resources, GE Money Bank, was named chair
of the committee in 2005. Ms. Raahede said,
“I will do my very best to live up to the
expectations and heritage of Lars Wittig.“
Wittig left the post after getting the committee up and running, and seeing a dedicated
HR manager take over as Chair.
Ms. Raahede reports that a key goal is to
focus the committee’s work “on long-term
strategic HR issues of interest to all businesses in AmCham.“ She believes that getting a
cross-section of perspectives on HR-related
issues is very important. “It is important to
keep the Helicopter View and concentrate
on strategic rather than operational issues.
We need to involve the other business partners and get their views on things, as well,“
Ms. Raahede adds, “Because HR issues are
business issues.“
HR management professionals in
AmCham Denmark member companies in
good standing are eligible to receive information from the committee and participate
in committee events.
HR Committee: Chairman, Ellen Raahede, GE Money Bank; Tim Sandholdt Jensen, Intel; Annette Bjørke, Amerada Hess; Heidi
Therkildsen, Dell Computers; Randolph Spicochi, Biogen Idec; Jette Ronøe, Bech-Bruun Law Firm; Niels Bentzen, Amrop Hever;
Anne Marie Abrahamson, Rønne & Lundgren Law Firm; Aida Vestergaard Andersen, Aidacom; Lise Aarup, Sanofi-aventis; and Lars
Wittig, Global-Eyes.
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Side 21
ESRIM 2005 Speakers and Panelists: Peter Falkenham, Tryg Forsikring;
Jacob Schlawitz, Ikano; Charlotte Enggaard, Carlsberg; Jens Brandum,
Marsh; and Hans-Kristian Jacobsen, General Reinsurance Scandinavia.
Representatives from Waters Corporation demonstrate
their latest equipment at ESAC 2005.
Insurance
Analytical Instruments
The AmCham Insurance Committee is an industry specific
committee whose mission is to build a strong professional
dialogue between the Insurance industry in Denmark and its
clients, and to inform decision makers in the public and private sectors about developments, challenges, and trends in
risk and insurance management.
The main vehicle for achieving this goal is the committee’s
distinguished “Executive Seminars in Risk and Insurance
Management” (ESRIM), an annual forum where new developments and trends are presented and discussed by industry
professionals.
ESRIM 2005 took the pulse of the risk industry in
September. The speakers included: Jens Brandum, Marsh;
Jacob Schlawitz, Ikano; Søren Bjerre-Nielsen, Danisco; Geoff
Taylor, Nike Europe; Peter Falkenham, Tryg; Charlotte
Enggaard, Carlsberg; and Hans-Kristian Jacobsen, General
Reinsurance Scandinavia.
Analytical Instruments (AI) is an industry specific committee
representing the interests of U.S. analytical instruments companies in Denmark, allowing its members to work together to
achieve common goals. Rune Frederiksen, Customer
Manager, Waters Corporation, is chair of the committee.
Membership is by invitation only.
The AI Committee’s goal is to build and nurture a professional network between environmental, food, chemical,
biotech, and pharmaceutical chemists, suppliers, and users.
The main vehicle for achieving this goal is the “Executive
Seminars in Analytical Chemistry” (ESAC), an annual forum
where new developments, trends, and techniques are presented and discussed. ESAC is a non-profit event sponsored
by the AI Committee members and has been a success since
its inception in 2001. Almost 200 scientific researchers from
all fields of analytical chemistry attended ESAC 2005, the
Executive Seminars in Analytical Chemistry, the fifth annual
conference organized by AmCham Denmark's Analytical
Instruments Committee. This year’s conference, which broke
all ESAC attendance records, was held on April 14 at Symbion
Science Park in Copenhagen.
Among the event’s key points: the better that risk is managed,
the more competitive the organization; captives have a number of advantages but can be developed further; and players
in the risk and insurance industry are looking increasingly for
partners to share risks.
The Insurance Committee is open to AmCham members
in good standing, working within the insurance industry. For
information on how your company can participate, contact
AmCham.
Insurance Committee: Chairman, Viggo Hauerberg, CNA;
Søren Lindbo, AON; Bjørn Petersen, Chubb; Kenneth Nielsen,
AIG; and Klaus Møller, Marsh; Hans-Kristian Jacobsen, General
Reinsurance Scandinavia.
Analytical Instruments Comittee: Chairman, Rune
Frederiksen, Waters Corporation, Henriette Olsen, Agilent
Technologies Inc.; Lena Rasmussen, Applied Biosystems Group;
Claus Sjøner, Dionex Corporation; Jan B. Petersen, Thermo
Electron Corporation; Hasse Hedeby, PerkinElmer, Inc; and
Vibeke Holmer, GE Healthcare.
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Side 22
Steering Group members meet at Tvilum-Scanbirk for a planning
meeting in January. Per Munkholm Poulsen, Jyske Bank; Lars
Wittig, Global-Eyes; Ole Lund Andersen, Tvilum-Scanbirk; and
John Veje Olesen, Babcock & Wilcox Vølund.
Committee members meet at the security demonstration in September.
(L to R: Volker Dinstuhl, Copenhagen Marriott; Arthur Buchman, NLP
World; Edward Collins, U.S. Embassy; Tim Koenig, 3M; Jason Turflinger,
AmCham Norway; and Steffen Ring, Motorola)
Jutland
OSAC
The AmCham Denmark Jutland Committee is a cross-sector,
regional committee servicing chamber members operating
west of the Great Belt in Denmark.
Launched in March 2004, the committee’s goal is to create and sustain a vibrant network of AmCham members west
of the Great Belt, with an independent program of events
and activities designed to meet the needs of its members,
augmented when possible by speakers and events from the
chamber’s activities in Copenhagen.
The committee kicked off 2005 with a planning meeting
at Tvilum-Scanbirk in Fårvang. In addition, 40 executives
gathered in Jutland in March 2005 for “The Effects of a Weak
Dollar on Global Trade.” You can read more about this in this
yearbook’s AmCham Denmark Events.
Another notable and comprehensive committee event
took place some months before. Blair Parks Hall, Jr.,
Counselor, Political & Economic Affairs, for the U.S. Embassy
in Denmark, traveled to ADP Dealer Services Denmark ApS in
Vejle to explain how the U.S. presidential election works to an
audience of Danish and American businesspeople from
regional companies in accounting, banking, communications, human resources, IT, manufacturing, and sales consulting. Just days before the U.S. vote, Hall described the election
process and what might happen on election night.
Membership in the committee is open to AmCham
Denmark members in good standing located west of the
Great Belt. For more information on how your company can
actively participate, contact AmCham Denmark.
The OSAC Denmark Security Council, organized in 2003, is
comprised of the American private sector in Denmark. Its mission is to provide a forum for this sector and the U.S. Embassy
to exchange information and promote programs designed to
enhance the safety and security of the community.
The council also shares information regarding the general
security situation, security techniques and know-how, and
disseminates security information rapidly and accurately.
Membership is limited to U.S. citizens, U.S. entities, and nonU.S. citizens managing U.S. subsidiaries residing and or legally constituted in Denmark.
Security experts urged Amcham member companies to
be vigilant in light of the international scene at an OSAC
briefing at the U.S. Embassy on October 26, 2004. AmCham
company executives, intelligence, law enforcement, and
security officials also attended an OSAC security demonstration at a military training center in Jægerspris in September
2005.
Jutland Steering Group: Chairman, Ole Lund Andersen,
Tvilum-Scanbirk; Per Munkholm Poulsen, Jyske Bank; Lars
Wittig, Global-Eyes; John Veje Olesen, Babcock & Wilcox
Vølund; Flemming Toft, Scientific-Atlanta; Jens Christian
Andersen, Horton International; and Jan Ankersen, Bodilsen.
OSAC Steering Group: Chairman, Tim A. Koenig, 3M; Peer
Wollenberg, American Aviation Data; Arthur Buchman, NLP
World; Joachim Rosander, Citigroup Denmark; Volker
Dinstuhl, Copenhagen Marriott; Kurt Essenbæk, Unisys;
Anette Landberg, Oracle Danmark; Steen Nybo, Intel
Copenhagen; Steffen Ring, Motorola; Lizzi Schultz, 3M;
Anders de la Motte, Dell; Edward Collins, Regional Security
Officer, U.S. Embassy, Copenhagen.
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Side 23
See America Denmark Steering Committee works
Ferie05 at the Bella Center.
The Øresund Bridge connecting Copenhagen
in Denmark and Malmö in Sweden.
(Photo: Miklos Szabo)
See America – Denmark
Øresund
See America - Denmark is a cooperation of private sector and
public sector bodies promoting travel and tourism to the
United States from Denmark. It is a travel-tourism forum consisting of tour operators, suppliers, governmental organizations, and U.S. destinations working together to achieve a
common goal.
The group, which is officially recognized by the Travel
Industry Association of America (TIA), works with the other
Scandinavian VisitUSA and other See America organizations
to promote travel from Scandinavia to America.
The committee held a membership drive and reception
in September 2004 and a workshop in October of that year.
The active agenda continued in January 2005 with a reception for Cruise America at Profil Rejser in Copenhagen, and a
See America Denmark Pavilion at the Ferie 2005 travel expo
at the Bella Center in Copenhagen. The group also operated a
booth at Ferie for Alle in Herning in February. The event is the
most visited travel show in Denmark.
The AmCham Denmark Øresund Committee aims to enhance
information sharing between chamber members operating in
the Øresund region, providing a platform for exchanging best
practices and promoting business on both sides of the bridge.
This is a big issue.
The Øresund region – enveloping Copenhagen in
Denmark and Skåne in Sweden – is the new regional center of
Northern Europe with more than 3.5 million inhabitants. With
Copenhagen as the pivotal point, this is where Central and
Northern Europe meet. The Øresund Region is well known for
its highly educated workforce, its green, clean and safe environment, and its high standard of living. Steen Blomquist,
Partner, KPMG, and a member of AmCham’s board, is
Committee Chair.
The highlight of the year for the committee: setting up a
portal on the AmCham Denmark website offering useful information covering pertinent issues for managers doing business
in, or arriving to do business in, the Øresund region. Topics
include Social Security and pensions, personal taxation, labor
law, and cultural and practical matters of living in the
Øresund region.
Membership is open to AmCham Denmark members in good
standing, with interests and activities in the Øresund Region.
See America-Denmark Steering Group: Chairman, Cimm
Barslev, SAS Scandiavian Airlines Systems, is Chairman. Arna
Ormarsdóttir, Icelandair; Karin Ipsen, British Airways; Karin
Gert Nielsen, Atlantic Link; Karin Selbach, Nyhavn Rejser;
Georg Mogensen, Kuoni Denmark; Karen Boye,
Billetkontoret; Yvonne Shiedel Halphen, Hertz Biludlejning;
Dorthe Lærke Nielsen, Profil Rejser; Maria Norsk, U.S.
Embassy in Denmark
Øresund Committee: Chairman, Steen Blomquist, KPMG;
Birgitte Thygesen, Biogen Idec; Per Ørtoft Jensen, KPMG;
Philip Graff, MAQS; Mogens Wikke, Settwell in Denmark.
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Copenhagen, Amalienborg
24
Side 24
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Side 25
In 2005, the following companies took
advantage of the U.S. Embassy’s facilities and its gourmet restaurant, The
Diplomat, for their Company & Product
Promotions coordinated by the
AmCham Denmark team:
Elizabeth Arden
Unisys
Varian
Cisco
Global-Eyes
Waters
The events included strategy sessions,
media roundtables, panel discussions,
receptions, dinners, and a customer
service seminar. Since offering this service in conjunction with the Embassy,
AmCham Denmark has also coordinated product introductions and promotions.
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Side 26
Company Promotions
Edward Collins, U.S. Embassy Regional Security Officer; Gunnar Hesse, Country General Manager, Unisys; Steve
Martinez, Assistant Deputy Director, FBI Cyber Division; and Chris Woiwode, U.S. Embassy Assistant Legal Attache –
FBI; following the Unisys Homeland Security panel discussion.
Ambassador
Cain (left)
welcomes
Varian’s
Managing
Director Sten
Hornsleth,
to the Embassy.
Owner, Chef & Sommelier Keld Johnson
of The Diplomat restaurant.
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Side 27
In 2005, companies took advantage of the Embassy’s excellent facilities and world-class gourmet restaurant, The
Diplomat. Contact AmCham Denmark for details on your
Company & Product Promotion at the U.S. Embassy.
Elizabeth Arden brought together its Nordic Sales &
Marketing Team at the Embassy for a strategy session and a
meal at The Diplomat restaurant. The Embassy utilized its
new projection system for the gathering, which was Elizabeth
Arden’s second at the venue.
25 members of Varian’s sales and service organization
attended the seminar on ‘+1 Customer Service’.
AmCham Denmark members who are American subsidiaries
or who represent American products have the opportunity to
hold business meetings, news conferences, and special
events at the U.S. Embassy coordinated by the AmCham
Denmark team. In addition, AmCham is pleased to help all
AmCham members plan a dinner or reception in The
Diplomat restaurant.
Unisys took the opportunity to continue its Homeland
Security -Nordic Challenges 2005 conference in April with a
panel discussion in the Embassy’s meeting facilities followed
by a VIP dinner in The Diplomat.
Varian used AmCham’s planning assistance for a customer
service seminar at the Embassy in September 2005. The event
included a full day of meetings and a superb Diplomat dinner. Ambassador Cain welcomed the group, which included
Managing Director Sten Hornsleth and 25 members of
Varian’s sales and service organization.
AmCham works closely with
the Commercial Service
Team to plan your event:
Gregory Burton, Acting
Senior Commercial Officer;
Bjarke C. Frederiksen, Senior
Commercial Specialist; Anne
Haugwitz, Commercial
Specialist; Maria Norsk,
Commercial Administrative
Assistant; and Kevin Knagg,
Commercial Specialist.
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Copenhagen, Parliament
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Side 28
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Side 29
AmCham Denmark Events
AmCham Denmark sponsors events and functions that are
strategic for our members. The events are opportunities for
members to network and share knowledge with other members, prominent professionals, and business leaders across
industries and cultures. These events include:
AmCham Denmark Executive Forums
AmCham Denmark Business Breakfasts
Exclusive Patron Member Events
Social/Cultural Events
Partner Events
2004-2005 in Review
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Side 30
Event Review
October 2004
Jutland Committee Roundtable
Executive Forum
ECACC Fall Meeting
Executives from Denmark’s Jutland region
meet at Tvilum-Scanbirk, Fårvang to plan
committee strategy.
Experts Gather in Jutland for “The Effects of
a Weak Dollar on Global Trade.” Speakers:
Christopher Horner, Director of Research,
European Enterprise Institute; Ib Fredslund
Madsen, Head of the Economic Research
Department, Jyske Bank; Claus Vastrup,
Economics Professor Aarhus University;
Anders Møller Christensen, Assistant
Governor and Head of Economics,
Denmark's National Bank; and Per
Månsson, Executive Vice President & Chief
Financial Officer, Novozymes A/S. Hosted
by Jyske Bank in Silkeborg.
European Council of American Chambers
of Commerce meets in Berlin, and
approves mutual service agreement that
provides additional services to AmCham
members.
Membership 101
Executives attend first AmCham member
orientation session at chamber offices.
Election Preview
AmCham Business Breakfast
Blair Parks Hall, Jr., Counselor, Political
& Economic Affairs, U.S. Embassy in
Denmark, gives election overview to
executives in Vejle, Jutland. Hosted by
ADP Dealer Services ApS.
Expert panel and executives discuss stock
options. Speakers: Anne Kathrine Schøn,
Partner, Accura Law Firm, Jette Ronøe,
partner, Bech-Bruun Dragsted, Esben
Christensen, Senior Tax Manager, KPMG.
Hosted by Bech-Bruun in Copenhagen.
April 2005
November 2004
Election Night Party
and Breakfast
Prime Minister Anders Fogh Rasmussen
joins U.S. Ambassador Stuart Bernstein,
government ministers, diplomats and
executives to watch and assess results of
the U.S. elections. Hosted by the
Copenhagen Marriott.
February 2005
Annual General Meeting
ECACC Strategy Meeting, Brussels
Danish Minister of Taxation Kristian Jensen
gives keynote address. A reception follows.
AmCham Denmark representatives join
senior managers from European AmChams.
One meeting hosted by General Electric.
Membership 101 – Session 2+3
Superbowl XXXIX
AmCham’s Third Annual
Family Thanksgiving Dinner
More than 260 guests enjoy the holiday
event, the largest of its kind in Denmark.
Hosted by the Copenhagen Marriott.
Membership 101 – Session 5
About 400 football fans fill the Copenhagen
Marriott ballroom to capacity to watch the
Superbowl live and enjoy American food.
Former U.S. Ambassador to Denmark
Richard Swett; Klaus H. Ostenfeld, President
and CEO, COWI; Kjarten Langvad,
Managing Director, E. Pihl and Son; Peter
Wedell-Wedellsborg, Partner, Architect
MAA, REFORM discuss the business leadership potential of the design industries.
Hosted by the Hilton Copenhagen Airport.
March 2005
December 2004
Chris Brewster, Professor, Henley
Management College, U.K. addresses
international HR trends at HR Committee
event hosted by the U.S. Embassy.
Speakers Winnie Holm, Nordic & Baltic HR
Manager, ALD; Anette Landberg, HR
Director, Oracle; Annette Bjørke, HR
Manager, Amerada Hess; Tina Frydensberg,
Tax Partner, Deloitte, addressed incentive
options for employees in Denmark. Hosted
by Deloitte in Copenhagen.
January 2005
Third Annual New Year’s
Dinner Party at Rydhave
AmCham Board bids farewell to outgoing
U.S. Ambassador Stuart Bernstein.
30
American-Danish Business
Summit, Washington, D.C.
AmCham Denmark Executive Director
Stephen Brugger meets with diplomats and
executives at the U.S. Chamber of
Commerce in Washington, D.C. Organized
by the Danish Embassy, Washington, D.C.
and the American-Danish Business Council.
Partner Event
Homeland Security: Nordic Challenges
2005 Conference attended by cross-section
of public and private sector experts and
executives. Organized by Unisys, in conjunction with Cisco Systems and EMC
Corporation. Hosted by Copenhagen
Marriott.
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10:15
HR Committee roundtable discusses flexible employee benefits. Panelists: Winnie
Holm, Nordic & Baltic HR Manager, ALD;
Anette Landberg, HR Director, Oracle;
Annette Bjørke, HR Manager, Amerada
Hess; Tina Frydensberg, Tax Partner,
Deloitte. Hosted by Deloitte.
ESAC
About 200 researchers attend the 5th
annual Executive Seminars in Analytical
Chemistry (ESAC) forum organized by the
AmCham Analytical Instruments
Committee. Held at Symbion Science Park,
Copenhagen.
May 2005
John W. Bachmann, Chairman, U.S.
Chamber of Commerce, discusses globalization in a keynote speech at event with
the Danish Chamber of Commerce – HTS,
at Børsen, Copenhagen’s Old Stock
Exchange. U.S. Embassy Chargé d’Affaires
Sally Light and HTS Chairman Niels
Nygaard welcome Bachmann. Panelists
with Bachmann: Carlos Villaro Lassen, HTS
Danish Chamber of Commerce; Birgitte
Thygesen, Biogen Idec; Erik-Alan Rapp,
Vækstfonden.
Side 31
June 2005
OSAC Denmark Security Council
Seminar
Partner Event
More than 80 constituents attend building
and facility safety demonstration at
Jægerspris. Organized by 3M.
Trade officials from Richmond, Virginia give
advice on setting up shop in the U.S. Cosponsored by AmCham Denmark and the
Danish Chamber of Commerce – HTS at
Børsen in Copenhagen. U.S. Embassy
Chargé d’Affaires Sally Light gives opening
remarks.
30 AmCham Denmark guests sailed aboard
clipper ship Maryland’s Pride of Baltimore II
in Copenhagen Harbor, and enjoy reception at Copenhagen Marriott.
October 2005
Independence Day Celebration
at Rydhave
Hosted by U.S. Ambassador to Denmark
James P. Cain at his residence, Rydhave.
Texas Instruments receives second AmCham
Denmark Business Award.
600 guests attend AmCham Denmark’s
Independence Day family picnic. Guest of
honor: U.S. Embassy Chargé d'Affaires Sally
Light.
AmCham Denmark Annual
Membership Reception and
Business Awards
HR Roundtable
August 2005
40 executives, consultants, and HR managers
consider implications of coaching. Hosted by
Bech-Bruun in Copenhagen.
Briefing
AmCham Board of Directors welcomes
incoming diplomats U.S. Ambassador
James P. Cain, and Deputy Chief of Mission
(DCM) Sandra L. Kaiser to Denmark.
November 2005
Ambassador’s Roundtable
Roundtables
with U.S. Chamber Chairman
AmCham Cup 2005
While in Copenhagen, John Bachman participates in two roundtable sessions with
the Confederation of Danish Industries and
the Danish Bankers' Association.
25 teams compete for the prestigious
AmCham Cup at the fourth annual golf
Tournament, held at Simon’s Golf Club in
Humlebæk.
AmCham Denmark’s Stephen Brugger joins
other senior AmCham managers from
Europe for the sessions.
Cruise
Michael C. Ruettgers, Chairman, EMC
Corporation, addresses corporate governance and business climate. Panelists with
Ruettgers: Steen Thomsen, Ph.D., Director
of the Center for Corporate Governance,
Copenhagen Business School; Tine Roed,
Director of Tax and Legal Affairs,
Confederation of Danish Industries; and
Finn Meyer, Senior Partner, KPMG. Hosted
by the Radisson SAS Royal Hotel,
Copenhagen.
ECACC Fall Meetings, Kiev, Ukraine
September 2005
Hosted by U.S. Ambassador James P. Cain at
his residence, Rydhave. Economic sustainability and globalization headed the issues
agenda for 17 managing directors of
American subsidiaries at the meeting.
AmCham’s Fourth Annual Family
Thanksgiving Dinner
More than 400 guests enjoy the holiday
event. Hosted by the Copenhagen Marriott.
ESRIM 2005
AmCham Denmark Insurance Committee’s
Insurance and Risk Management Executive
Seminar is attended by 75 specialists.
Speakers: Jens Brandum, Marsh; Jacob
Schlawitz, Ikano; Søren Bjerre-Nielsen,
Danisco; Geoff Taylor, Nike Europe; Peter
Falkenham, Tryg; Jacob Schlawitz, Ikano;
Charlotte Enggaard, Carlsberg; Jens
Brandum, Marsh; and Hans-Kristian
Jacobsen, General Reinsurance
Scandinavia. Hosted by Hilton
Copenhagen Airport.
December 2005
Partner Event
AmCham Denmark and Copenhagen
Business School (CBS) explore how entrepreneurship & innovation build competitive
advantage at CBS’s first conference on strategic management.
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Side 32
Embassy Election Event
AmCham Sponsors Lively U.S. Embassy Election Event
“Friends of America, welcome!”
That was U.S. Ambassador to Denmark
Stuart Bernstein’s greeting to the more than
1,000 attendees at the U.S. Embassy’s
November 2 Election Eve Party sponsored by AmCham
Denmark at the Copenhagen Marriott.
Students mingled with executives and diplomats at the
lively and thoroughly American event which, aside from the
Danish conversations, was identical to traditional election eve
celebrations throughout the United States. Broadcast crews
from DR and TV 2 circulated through the crowd, helping to
create the feeling that the event was the U.S. election nerve
center in Denmark. Partiers continued to follow the election
results all through the night and into the wee hours of the
morning.
Ambassador Bernstein noted the intensive Danish interest
in the U.S. election and thanked partiers for their support of
“this great expression of freedom and democracy.”
Election Breakfast
Prime Minister Anders Fogh Rasmussen joined U.S. Ambassador Stuart Bernstein, other ministers, diplomats and executives at an exclusive breakfast sponsored by AmCham and the
Copenhagen Marriott on the heels of the election-eve party. A
panel of experts including Charlotte Lindholm, a financial and
business affairs anchor for national DR-TV; Svend Auken, a
member of the Danish Parliament; and David Gress, an Århus
University professor and conservative commentator; agreed
that they expect some tough decisions for the second Bush
administration about the budget and entitlements. They also
said they expect to see a reinvigorated White House with a
mandate to enact a conservative agenda.
Rasmussen called U.S.-Danish ties “old, strong, and
intense,” and added that shared values far outweigh any current rifts in the trans-Atlantic relationship.
Ambassador Bernstein and Prime Minister Anders Fogh Rasmussen at the election breakfast. (Photo by Flemming Olsen)
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Side 33
Ambassador Bernstein greets the all-night
partiers prior to opening the doors for the
election breakfast.
Deputy Chief of Mission Sally Light with
Danish Defense Minister Søren Gade at
the breakfast.
Julie Scott, International Relations Coordinator for Denmark’s Iinternationoal Study Program (DIS), enjoys the party. (Photo by Gregers Overvad)
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Side 34
Family Thanksgiving Dinner
AmCham member Steffen Ring, Motorola, with his family
at AmCham’s 2004 Family Thanksgiving Dinner.
AmCham Chairman Paul Coleman, Biogen Idec (left); and Ambassador Cain
(right); welcome DIS student Brett Strand, who entertained the guests with
a speech during dessert.
AmCham Family Thanksgiving:
A New Tradition for Denmark
Uplifting, festive, relaxed, welcoming, joyous, delicious, and huge: the adjectives all
apply to AmCham Denmark’s annual Family
Thanksgiving Dinner. Since its first inception
in 2002, this event has evolved into an
important tradition for the entire ex-patriot
community in Denmark, their families,
friends, and associates.
In 2004, more than 260 guests enjoyed
30 sumptuous roasted turkeys, plenty of
trimmings and desserts, and live music at
AmCham’s third annual Family Thanksgiving Dinner, November 27 at the Copenhagen Marriott.
Guest of Honor Sally Light, then Deputy
Chief of Mission at the U.S. Embassy, greeted the celebrants and described the tribulations and hope of the Pilgrims, painting a
Kids enjoy a “friendly“ game of
Twister in the activity room.
34
vivid, fresh picture of the traditional
Thanksgiving story. Pastor Tim Stewart,
International Church of Copenhagen,
offered a blessing of the dinner, including a
prayer of thanks for the “fellowship, laughter, music, and joy” of this very special
American holiday.
After dinner, Carrie Nieman, student representative of Denmark’s International Study
Program (DIS), made insightful and witty
remarks about how she, as an American new
to Denmark, “found Thanksgiving” here.
She received a standing ovation. In addition,
the G-Force Gospel Choir, directed by
Susanne Lindeborgh, returned for its second
AmCham Thanksgiving to sing a rousing
medley of spirituals.
On November 26, 2005, more than 400
guests gathered at the Marriott for
AmCham’s fourth annual dinner.
AmCham’s Chairman Paul Coleman
greeted guests. U.S. Ambassador to
Denmark James P. Cain gave thanks for the
“great partnership” between our countries.
Throughout the meal, cooks carried out
roasted turkeys so enormous that diners
spontaneously applauded. The crowd was
entertained once again by the G-force
Gospel Choir and by a delightful account of
being an exchange student in Denmark by
DIS student Brett Strand. A raffle capped the
evening.
AmCham added a special twist in 2005:
a Thanksgiving table quiz to test guests’
knowledge of this great American holiday.
AmCham thanks event sponsors:
3M
AVIS
Coca-Cola
Copenhagen Marriott
Danish American Football Federation
(DAFF)
Discovery Channel
Hilton Copenhagen Airport
Icelandair
Lexmark
McDonald’s
Microsoft
Motorola
Møbeltransport Danmark
Radisson SAS
Rosendahl
Toms
The Diplomat
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Side 35
Independence Day
About 1,000 burgers and hot dogs were grilled and consumed at the picnic.
Stephen Brugger (left) and AmCham Board member Dan O’Day
present Sally Light with an Lifetime Honorary Membership.
AmCham Independence Day:
An All-American Affair
AmCham thanks event sponsors:
The more than 600 guests who attended
AmCham Denmark’s second Independence
Day family picnic on June 26 at Rydhave, the
official residence of U.S. ambassadors, had it
made in the shade. Warm, sunny weather, fine
food and drink, and plenty of opportunities to
network or just plain relax, all combined to
make for what organizers and guests called a
great American-style party.
It was AmCham Denmark’s second official
Independence Day event, which is the largest
of its kind in the Copenhagen area. Sights
included families reclining on blankets on the
grass, a constant stream of youngsters scampering over bouncy castles, and senior citizens
Copenhagen’s Building and Technique Mayor,
Søren Pind, sings The Star Spangled Banner.
drinking in the festivities from lawn chairs.
Outgoing U.S. Embassy Chargé d’Affaires
Sally Light, who was awarded an Lifetime
Honorary Membership at the picnic, welcomed the guests. The Independence Day
feast included favorites like burgers and hot
dogs, chili, spare ribs, potato salad, and ice
cream, as well as novel additions like seafood
gumbo and New York style cheesecake.
Among the event’s raffle prizes were two
round-trip tickets to the U.S., courtesy of
Icelandair; a Microsoft X-Box; two Weber BabyQs; a case of Gallo California wine; pints of Ben
& Jerry’s Ice Cream and gift certificates from
O’s American Breakfast & Dinner.
AmCham member Karsten Riise Kristensen,
Change Management, relaxes with his daughters
on the lawns at Rydhave.
Ben & Jerry’s
Budweiser
Coca-Cola
Copenhagen Marriott
Ernest & Julio Gallo
Hard Rock Café
Icelandair
M&M Mars (Masterfoods)
Mattel
McDonald’s
Microsoft
O’s American Breakfast & Dinner
The Diplomat
Weber
Kids enjoy a bouncy castle at the picnic.
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Side 36
Annual General Meeting (AGM)
AmCham Denmark Names Board,
Sets Goals at Annual General Meeting
Building on a successful 2004, AmCham
Denmark named its
board, reviewed
accounts, and set goals for 2005 at its Annual
General Meeting (AGM), hosted by KPMG.
There is a “wonderful energy” in
AmCham, Chairman Paul Coleman, Biogen
Idec, noted, based on the value to be created
in forging the strongest relationship possible
between American and Danish businesses.
Coleman said the chamber values and seeks
the feedback of every member.
The AGM reviewed a successful 2004,
AmCham’s fifth consecutive year of growth.
Highlights included a 19.5% increase in
members, bringing the total membership to
245, outpacing growth projections.
Månsson, who serves as AmCham’s treasurer,
reviewed accounts showing that AmCham
remains on a sound financial footing,
enabling full-time employees to deliver more
services to members. AmCham also saw a
94.6% membership retention rate. Among
the priorities for 2005: helping members to
take full advantage of their memberships;
and developing comprehensive policy positions.
In other AGM action, the following board
members were re-elected: Steen Blomquist,
Head of Transaction Services, KPMG; Søren
Holm, Chairman, Amerada Hess; AmCham
Chairman Paul Coleman, General Manager,
Biogen Idec; and Per Månsson, Executive
Vice President & CFO, Novozymes. The AGM
also confirmed two board members appointed last year to fill vacant seats: Tim Koenig,
Managing Director of 3M; and Ole Lund
Andersen, CEO of Tvilum-Scanbirk.
36
AmCham also presented a lifetime honorary membership to
Jonathan Grover, Ferring, who left as chairman in 2004.
AmCham Denmark also expressed thanks to departing
board members Ole Haaber, Customer Relations Executive
Nordic, IBM; and Chris Devries, Managing Director,
Citigroup, for their contributions to the chamber.
Danish Tax Minister Proposes Dialogue with
AmCham Tax Committee
If Denmark is to remain the number one business location,
as it was called in a recent survey by The Economist, then its
government needs to innovate and compete, according to
Danish Minister of Taxation Kristian Jensen, the keynote
speaker at AmCham Denmark’s Annual General Meeting,
April 27 at KPMG.
Jensen said that he would like to create a dialogue
between AmCham Denmark’s new Taxation Committee and
the government. This would help policymakers better
understand the issues and make better laws, he said. Jensen
handled many issues in his speech and a Q&A session with
AmCham member representatives.
He said that tax policy fills the docket of the government,
Jensen said. Fully 25% of the all legislation pertains to taxes,
with companies asking for clarification of confusing or
impractical laws.
Also, even though outsourcing takes away some jobs,
building economic barriers against it is not the solution.
Preparing workers for the 21st-century economy is a better
goal for Denmark, he said. The goals here are education,
supporting R&D in leading edge sectors like biotech and
technology, and creating the “world’s most competitive
society” by 2015, said Jensen.
In another issue, AmCham Executive Director Stephen
Brugger said that while the tax freeze Jensen cited was helpful, a “legislation freeze” would help, too. Brugger said that
perpetual regulatory and tax changes make doing business
in Denmark an uncertain process for many businesses.
Jensen acknowledged that starting a dialogue would simplify the process.
10/01/06
10:15
Side 37
AmCham
Chairman Paul
Coleman, General
Manager, Biogen
Idec (left); and
Sally Light,
Chargé d’Affaires,
U.S. Embassy
(right); welcome
the AGM keynote
speaker, Danish
Tax Minister
Kristian Jensen.
Jesper Krylmand, Managing Director, and Markus Bjørn
Kraft, Director of Marketing, CSC, during the break.
Chairman Paul
Coleman, Biogen
Idec (left),
expresses thanks
to departing
board members
Chris Devries,
Citigroup and
Ole Haaber, IBM;
and presents a
lifetime honorary
membership to
Jonathan Grover,
Ferring, who left
as Chairman in
2004.
Per Månsson, Executive Vice President and CFO, Novozymes,
directs a question to Minister Jensen during his keynote on
Globalization.
37
10/01/06
10:15
Side 38
AmCham Explores Weak Dollar
Jyske Bank welcomes AmCham’s Executive Forum by flying the American flag beside the
Danish flag at their headquarters in Silkeborg.
Per Munkholm Poulsen, Managing Director,
Jyske Bank, welcomes the guests.
Experts Gather in Jutland to Address
Dollar & International Monetary Policy
Don’t expect any big changes in the value of the dollar against the euro any
time soon, and don’t underestimate the impact of China on international
monetary policy. That was the consensus of a panel of experts at “The Effects
of a Weak Dollar on Global Trade,” AmCham’s March 17 Executive Forum at
Jyske Bank Headquarters in Silkeborg. The distinguished panelists and their
topics were:
Anders Møller Christensen, Assistant Governor and Head of Economics, Denmark’s
National Bank; and Christopher C. Horner, Director of Research, European
Enterprise Institute, a Washington D.C. think tank.
38
Christopher Horner, Director of Research, European
Enterprise Institute, on “Competitive Factors and Impacts in
the Competition of Currencies;” Ib Fredslund Madsen, Head
of the Economic Research Department, Jyske Bank, on “The
Weak Dollar: Consequences for the U.S. Current Account and
Asian Currencies;” Claus Vastrup, Economics Professor
Aarhus University, on “The Asian Currencies vis a vis the Euro
and the Dollar;” Anders Møller Christensen, Assistant
Governor and Head of Economics, Denmark's National Bank
on “The Dollar and the Danish Exchange-Rate Policy;” and
Per Månsson, Executive Vice President & Chief Financial
Officer, Novozymes A/S, on “How to Handle Dollar Risks as a
Danish Exporter.”
About 40 executives attended the event, another in the
chamber’s initiative to bring informative programs and new
networking opportunities to companies in Jutland.
China is financing large amounts of the U.S. debt by
keeping its yuan pegged artificially to the dollar, despite the
robust growth of the Chinese economy. This creates what
Horner described as a 40% subsidy for China’s currency, creating an artificial manufacturing and trade advantage. This
situation has a global ripple effect.
In a panel discussion after their presentations, the experts
disagreed over the magnitude of the problem, the potential
price to be paid by European economies, and how best for
the U.S. to reduce its deficits.
10/01/06
10:15
Side 39
EMC Corporation
Chairman of Info Giant EMC Meets
with AmCham Denmark
Michael C. Ruettgers, Chairman of the information giant EMC Corporation, told 50
AmCham member representatives that stringent new corporate governance rules help,
but are a mixed bag.
He shared his views at an AmCham
Business Breakfast in May 2005. Good corporate governance requires an independent,
informed, engaged board and comprehensive assessment models. An alphabet soup of
compliance laws and regulations, including
Sarbanes-Oxley (S-O), makes the process of
creating such models tougher than ever
before. Ruettgers said companies can only
comply with the right combination of people, processes, and technology.
The groundbreaking S-O corporate governance legislation, passed in the wake of
high-profile corporate meltdowns, has created a major shift in the balance of power in
boardrooms, Ruettgers said. He described
EMC as a pioneer in this area.
S-O sets penalties for breaking securities
laws, mandates independent auditing rules,
and requires more disclosure. Although stringent regulations are seen widely in the business world as onerous, good corporate governance has, on average, resulted in longterm shareholder returns, according to
Ruettgers. There is a correlation between
good governance ratings and better stock
performance, he said.
• Are outspoken, but not dominating
• Rely on individual accountability
• Evaluate performance periodically
Mixed Results
But the legislation designed to mandate the
things that good boards do anyway is costly,
may not accomplish its goal, and in so doing,
may miss the point. Boards of publicly traded
companies have traditionally focused on
long-term strategy, and evaluating top management. Now, board members typically
spend at least 200-400 hours a year on
required audit, corporate governance, and
nominating committees. That, combined
with more liability, makes it difficult and costly to find top executives willing to participate. Further, lawmakers’ desire for more
transparency – in terms of top executive
salaries, for example – can go too far, hurting
an organization’s competitiveness, said
Ruettgers.
The corporate governance pendulum
may be swinging back, he said. As much as
half of the CEOs in some recent polls think
the rules have gone too far, and are resisting
any further changes, Ruettgers added.
The Panel. (L to R): Steen Thomsen, Copenhagen Business School; Mike Ruettgers, EMC
Corporation; Tine Roed, Confederation of Danish Industries; and Finn Meyer, KPMG.
Strong Boards
He said the new rules have pushed compensation committees to delve more deeply into
top executives’ elaborate compensation
schemes, and pushed top recruits to check
out liability with their lawyers and those
committees before potentially joining a company. This has prolonged top recruitment
and raised its price.
According to Ruettgers, strong boards
do the following things:
• Contribute to strategic decision-making
• Have members with experience matching
strategic priorities
• Operate with trust and openness
Mike Ruettgers, Chairman, EMC
Corporation, speaks on ‘Good
Corporate Governance’.
Chargé d’Affaires Sally Light welcomes Mike Ruettgers
and 25 of EMC’s key customers and industry partner to
a dinner at her home on May 24.
39
10/01/06
10:15
Side 40
U.S. Chamber Chairman Visit
Lunch with AmCham Board
members. (L to R: Stephen
Brugger, AmCham; Torben Juul
Andersen, Copenhagen Business
School; Peter-Hans Keilbach,
U.S. Chamber of Commerce;
Greg Burton, U.S. Embassy; John
Bachmann, U.S. Chamber of
Commerce; and Søren Holm,
Amerada Hess)
Niels Nygaard,
Chairman, HTS;
Chargé d’Affaires
Sally Light, U.S.
Embassy; and
John Bachmann,
Chairman, U.S.
Chamber of
Commerce.
Bachmann (right)
meets with
Confederation of
Danish Industries
Chairman, Hans
Skov Christensen.
AmCham Denmark Hosts U.S.
Chamber Chairman
40
John W. Bachmann, Chairman, U.S.
Chamber of Commerce and senior partner
of the investment house Edward Jones, delivered a keynote speech about entrepreneurship, lobbying, globalization and other
issues to an audience of 70 at an AmCham
Business Breakfast in May 2005.
The event, in coordination with the Danish
Chamber of Commerce - HTS, was held in
the Main Hall of Børsen, Copenhagen’s historic Stock Exchange. It included a panel discussion. Bachmann was welcomed by
Chargé d’Affaires Sally Light and HTS
Chairman, Niels Nygaard. Among the sound
bites:
• Capital – If you build it, they will come.
• Lobbying – Activate your entire company,
act locally.
• Globalization – Don’t protect the past.
Prepare for the future.
10/01/06
10:15
Side 41
L to R: Carlos Villaro Lassen,
Communications Manager,
Danish Chamber of
Commerce (HTS); Birgitte
Thygesen, Director,
Administration and
Governmental Relations,
Biogen Idec; John Bachmann,
Chairman, U.S. Chamber of
Commerce; and Eric-Alan
Rapp, Senior Investment
Manager, The Growth
Foundation.
Bachmann met with the Danish
Bankers Association on May 30.
(L to R: John Bachmann,
Chairman, U.S. Chamber of
Commerce; Jørgen A. Horwitz,
CEO, Danish Bankers Association;
and Peter-Hans Keilbach,
European representative for the
U.S. Chamber of Commerce)
Bachmann said that capital takes the path of
least resistance. He said that building models that encourage intelligent risks and
entrepreneurship, as well as those that punish them, both get their intended results.
As for lobbying, many Danes and
Americans are uneasy about it, but elected
and appointed officials tend to be pragmatic, and want input from a variety of sources,
Bachmann said. He urged businesses to
speak out in their areas of concern.
In a global economy, western countries
can afford to lose some jobs to cheaper markets, as long as those markets have their
human rights houses in order, Bachmann
said. Countries like the U.S. and Denmark
shouldn’t prop up dead-end manufacturing
jobs that are headed for Asia, anyway.
Providing the cheapest labor is not the chal-
lenge, providing value-added innovation is,
he said.
Also on Bachmann’s agenda during his May
29-31 visit to Copenhagen:
• Roundtable with the Danish Bankers’
Association. Attending were association
CEO Jørgen A. Horwitz, and representatives from T. Rowe Price, Danske Bank,
Saxo Bank, Jyske Bank, and others.
• Interview with Berlingske Tidende.
Bachmann spoke to American business
issues, including Social Security and civil
justice reform, improving the overall business climate for foreign investment in
Denmark, and EU issues such as the
French No vote on the EU Constitution.
• Lunch with AmCham Board. Bachmann
and Peter-Hans Keilbach, U.S. Chamber of
Commerce in Brussels, who accompanied
Bachmann on his visit, joined the
AmCham Board of Directors for a luncheon meeting at the Copenhagen Marriott.
Board members Søren Holm, Amerada
Hess; Torben Andersen, Copenhagen
Business School; Greg Burton, U.S.
Embassy; and AmCham Executive Director
Stephen Brugger attended.
• Meetings with the Confederation of
Danish Industries (DI). Bachmann and DI
member representatives discussed globalization, market harmonization, and China.
41
10/01/06
10:15
Side 42
AmCham Cup 2005
Jesper Bertel Hansen and Thomas Rasmussen, Team UPS, talk with Dan O'Day, Roche (a member of Team Biogen Idec), before the tournament.
First Prize
First Place (Motorola mobile phones and
the AmCham Cup): Hewlett-Packard.
Event Sponsors:
42
Closest to pin (hole2)
Closest to the Pin Hole 2 (2 Round trip tickets
to the U.S. on Icelandair): Christian Buhl,
Motorola.
Closest to pin (hole 6)
Closest to the Pin Hole 6 (Microsoft
Xbox): John Buckles, Kellogg’s.
10/01/06
10:15
Side 43
AmCham Cup 2005 Winners:
First Place
AmCham Cup 2005:
Our Cup Runneth Over
It not only reached capacity in 2005 – it exceeded it. At the fourth annual AmCham Golf
Tournament held on August 26, 100 golfers comprising 25 teams gathered at Simon’s
Golf Club in Humlebæk to compete for the prestigious AmCham Cup.
“While there were still a few teams left on the waiting list, increasing the number of
golfers from 80 last year to 100 allowed AmCham to accommodate the vast majority,“
says Stephen Brugger, Executive Director. “We were a bit unsure how the increase in the
number of players would affect the execution of the tournament, but in fact this year was
the smoothest yet,“ he added. AmCham is already in discussions with Simon’s Golf Club
about the possibility of increasing this number to 120 next year.
“The attendance, the hefty waiting list, and the sponsors’ generous prizes speak to
the quality of the tournament,“ said Jesper Bertel Hansen, AmCham Golf Committee
member, adding, “Add all that to the high-level personal and business relationship-building, and you have one of Denmark’s blue-chip business networking events.“
Among the prizes: round-trip airfare for two to China on Finnair, round-trip airfare for
two to the U.S. on Icelandair, top of the line RAZR V3 mobile phones from Motorola, a
Presidential Suite package from the Hilton, and an X-Box from Microsoft.
Closest to pin (hole14)
Longest Drive (hole 7)
Prize: Motorola RAZR V3 Cell Phone
and a Trophy
Winner: Team Hewlett-Packard
Second Place
Prize: Whiskey from Fair Forsikring
and Model Trucks from Amerada Hess
Winner: Team Fair Forsikring
Third Place
Prize: Wine from AIG and Golf Balls
from Sun Microsystems
Winner: Team Kellogg’s
Fourth Place
Prize: Wine, Polo-Shirts, Golf Balls
Gift Pack from Computer Associates
Winner: Team Computer Associates
Fifth Place
Prize: Golf Balls and Weekend Car
Rentals in Denmark from Hertz
Winner: Team Final Four (Eye for
Image, Varian, Leif Hansen, Hobart
Foster)
Sixth Place
Prize: Gift Boxes from 3M and Shoe
Bag with Golf Glove from Xerox
Winner: Team Eversheds
Good Sport Award (Last Place)
Prize: 12 seat VIP Lounge at the
Mermaid Bowl (including food and
beverages) and an American Football
from the Danish American Football
Federation (DAFF)
Winner: Team UPS
Closest to the Pin Hole 2
Prize: 2 Round-trip tickets to the
United States on Icelandair
Winner: Christian Buhl Jørgensen,
Motorola
Prize: Microsoft X-Box with Forza
Motorsports Game
Winner: John Buckles, Nordisk Kellogg’s
Longest Drive Hole 7
(2 night weekend stay in the Hilton’s
Presidential Suite with butler service):
Anders Søgaard, Sun Microsystems.
Longest Drive Hole 7
(2 Round trip tickets to China on Finnair):
Jesper Madsen, Motorola.
Prize: 2 Round-trip tickets to China
on Finnair
Winner: Jesper Madsen, Motorola
Prize: 2-Night Weekend Stay for 2
in the Hilton Presidential Suite
with Butler served dinner for 6
Winner: Anders Søgaard, Sun
Microsystems
Additional Sponsors:
MARSH Birdie Award
Fair Forsikring · Amerada Hess · AIG · Sun Microsystems · Kellogg’s · Computer Associates
Hertz · 3M · Xerox · Danish American Football Federation (DAFF) · Marsh · Deloitte
Prize: 2 Dozen Golf Balls from MARSH
Winner: Jesper Bertel Hansen, UPS
43
10/01/06
10:16
Side 44
Partner Events
Partner Events
Partner Events help AmCham members hold top-notch, targeted meetings and
deliver key messages to their customers and the general public. AmCham provides planning and logistical support for quality events in and around
Copenhagen. Partner events in 2005:
Jens Henrik Højbjerg, Europol; Gerard
Warrens, EMC; Dean Zanone, Cisco; and
Tommy Lindström, Formerly with the
Swedish National Bureau of Investigation;
take questions from the attendees.
About 100 participants from business, law enforcement, and government learned
about security and law enforcement issues at Homeland Security – Nordic
Challenges 2005, a Unisys conference at the Copenhagen Marriott in April,
co-sponsored by AmCham Denmark. A panel discussion and dinner at the U.S.
Embassy rounded out the day.
In June, the chamber partnered for an informative event for Danish companies
considering setting up shop in the U.S. AmCham worked with the Danish
Chamber of Commerce – HTS and the Greater Richmond Partnership, Inc. (GRP),
a public-private economic development corporation that helps companies set up shop in the Richmond, Virginia area. The
event took place at Børsen, the old Stock Exchange, in Copenhagen.
AmCham also partnered with Capital Region USA, Icelandair, Ocean Race Chesapeake, Maryland DBED, and the Copenhagen
Marriott Hotel for the unique Pride of Baltimore cruise event in June. More than 30 guests had a rare opportunity to experience
the majesty and aura of sailing aboard a true Baltimore clipper in Copenhagen harbor.
Michael Svane, Danish Chamber of Commerce (HTS); Gregory Wingfield, Greater Richmond Partnership;
Nils Bostrup, Alfa Laval; Patrick Gottschalk, Arkema P.C.; and Carlos Villaro Lassen, HTS.
44
10/01/06
10:16
Side 45
Søren Holm, Amerada Hess, at the helm of the Pride of Baltimore II, during the Patron member sailing.
Sponsors of the day:
(L to R) Robert Grader,
Copenhagen Marriott
Hotel; Karin Gert
Nielsen, Capital Region
USA; Pride Captain Jan
Miles; Helga Thora
Eidsdóttir, Icelandair;
Stephen Brugger,
AmCham Denmark;
Dennis Castleman,
Maryland DBED; and
Pete Chambliss,
Maryland Tourism.
45
10/01/06
10:16
Side 46
Copenhagen, Denmark
Helsinki, Finland
Photo compliments of Wonderful Copenhagen
Oslo, Norway
46Photo: Nancy Bundt
Photo: Markku Juntunen
Stockholm, Sweden
Photo: R. Ryan
10/01/06
10:16
Side 47
Special Section
Denmark, Finland, Norway, & Sweden
The Strength of the Nordic Region
This special section offers a glimpse into the trade and investment
strength of the Nordics.
AmCham Denmark wishes to thank the U.S. Commercial Service and
the U.S. Embassy’s Economic Section in Copenhagen for their contributions to this section.
47
10/01/06
10:16
Side 48
Stephen Brugger, Executive Director, AmCham Denmark
Nordic Cooperation:
One Market – One Team
We at AmCham Denmark have an ongoing
cooperation with our sister AmChams in
the Nordics. Our shared regional efforts
got a big boost in 2005 with the establishment of AmCham Finland. American subsidiaries see our region increasingly as one
market, and our cooperation means that
we stand ready to provide comprehensive
regional services to these companies.
This center section is just one example of our teamwork. It is a cursory,
but handy reference guide to help introduce members and potential
investors to the facts, value, and potential of each country in our region.
Our Partners
The Foreign Commercial Service (FCS) offices in each of the Nordic U.S.
embassies are the public sector teammates of the Nordic AmChams. We
work together to promote U.S.-Nordic business. The FCS is a liaison
between companies already doing business in the region, and between
U.S. exporters and regional importers. The commercial specialists can
help you identify trade opportunities, find trading partners, and obtain
market research. This region is also an excellent gateway to the growing
Baltic economies of Estonia, Latvia and Lithuania as well as northwest
Russia.
The Nordics have a solid track record and great opportunities for U.S.
investment. You will find some details about those on the following
pages.
48
10/01/06
10:16
Side 49
The Nordic Region
The World Economic Forum's annual review
of global competitiveness ranked four Nordic
countries among the six most competitive
economies in the world. Finland was number
one, followed by the United States, Sweden,
Taiwan, Denmark and Norway. The criteria
included quality of economic policies, fairness and transparency of legal environment,
as well as new technology and innovation.
The Nordic countries are also among the
least corrupt countries in the world.
access difficulties. Each country has its own
strengths, but all countries are known for
their state-of-the-art infrastructure, efficient
telecommunications, transportation and
logistic as well as smoothly functioning societies. The Nordic region is also known for
being the leading market of European
telecommunications development, especially Finland (Nokia Corporation) and Sweden
(Sony-Ericsson). It also serves as an ideal test
market for companies wishing to expand
sales to Europe.
U.S. companies active in the Nordic markets
rarely encounter trade barriers or market
Population:
24.2 million
Total area:
446,177 square
miles/1,155,574 sq km
(almost twice the size
of Texas)
Government Types:
Constitutional monarchy
(Denmark, Norway,
Sweden) Parliamentary
republic (Finland)
Demographics and
Languages
Tromsø
Nordic populations are
concentrated around the
capitals. Denmark is the
most densely populated
country in the region.
Kiruna
Main languages:
Danish, Finnish,
Norwegian, Swedish
English is the first foreign
language and is very widely
spoken and understood.
Oulu
Umeå
FINLAND
Trondheim
SWEDEN
Sundsvall
NORWAY
Tampere
Bergen
Turku
Helsinki
Oslo
Stockholm
Estonia
Russia
Kristiansand
Gothenburg
Albor
Alborg
DENMARK
Latvia
Arhus
Copenhage
Copenhagen
Odense
Odens
Lithuania
Malmo
Malm
Russia
Germany
Belarus
Poland
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Side 50
Why the Nordic Region?
The Nordic region (Denmark, Finland,
Norway and Sweden) is an attractive and
lucrative market for U.S. companies, as well
as an important trading partner to the United
States. Its 24 million consumers are looking
for high-quality and reputable products from
abroad, and are receptive to U.S. products
and services. The region effectively serves as
a gateway to the Baltic countries as well as
northwest Russia, which increases the number of potential consumers to more than 80
million.
The Nordic countries are among the world's
wealthiest countries. The region is dynamic,
highly sophisticated and very competitive,
with stable political and economic climate.
English is widely spoken and commonly used
in the business environment, making the
market easy to enter for U.S. companies.
American high quality products and services
as well as state-of-the-art technology are well
received. Denmark, Finland and Sweden are
members of the European Union (EU).
Norway is linked to the EU through the
European Economic Area (EEA) agreement.
By virtue of the EEA, Norway is practically
part of the EU’s single market. Norway implements most EU directives as a result of its EEA
obligations.
Doing Business
in the Nordic Region
The most common way to do business in the
Nordic region is through agents/distributors.
Selling factors and techniques are very similar in Denmark, Finland, Norway and
Sweden. General competitive factors such as
price, quality, promptness of delivery and
availability of service determine success.
50
Establishing a business relationship requires
patience and commitment. Companies in
the Nordic markets do not change suppliers
easily, and many commercial relationships
have been maintained over decades.
Establishing an office in the Nordic region is
also a possibility to enter the markets.
10/01/06
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Side 51
Nordic Economic Benefits
The Nordic economies benefit from the following:
• Sophisticated industrial and retail consumers
• High educational levels with equally high disposable incomes
• Excellent foreign language skills (with an emphasis on English)
• Modern logistics and distribution centers
• World-class telecommunication infrastructure and high computer literacy
• Extensive transportation network with air, sea, and land connections
• Self-motivated agents and distributors
• Pro-business governments
• Low inflation, low unemployment
• Predictability and stability
The Nordics: high standards/high taxes
• High quality of life
• Rich cultural profile
• Safe, well-functioning societies with no corruption and a high level
of public services
• Multilingual and international community
• An open and informal working culture
• Personal Taxes: Top marginal rate of above 50%, Value Added Tax (VAT)
of approximately 25%, high fuel taxes, and high “sin” taxes
The Nordic Economies – A Forecast
The bottom line: solid growth is expected in the Nordic countries in 2006.
Growth in Sweden is high, with Finland and Norway close behind. The Danish economy has also
performed extremely well despite high oil prices and DKK appreciation. All the Nordic countries
benefit from a historically benign inflation climate and low interest rates as well as an expansionary fiscal policy.
Source: www.export.gov
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Side 52
U.S. – Nordic Trade
The United States is the Nordic Region’s second largest trade partner.
Only about .3% of the world’s population is concentrated in the Nordic Region, but this small population base consumes more than 1% of total
U.S. exports and delivers nearly 2% of total U.S. imports. With growth in the region high, this trade relationship will only continue to strengthen
* The figures found in the following pages include trade in goods/commodities. Trade in services is not included.
U.S. exports to the Nordic region by Product Category
Product
Value ($ millions)
Percent
84 – NUCLEAR REACTORS, BOILERS,
MACHINERY ETC.; PARTS
1,829
20,1%
85 – ELECTRIC MACHINERY ETC;
SOUND EQUIP; TV EQUIP; PTS
1,032
11,4%
90 – OPTIC, PHOTO ETC, MEDIC
OR SURGICAL INSTRUMENTS ETC
893
9,8%
87 – VEHICLES, EXCEPT RAILWAY
OR TRAMWAY, AND PARTS ETC
867
9,5%
All Others
4,459
49,1 %
Grand Total
9,080
100 %
Product
Value ($ millions)
Percent
27 – MINERAL FUEL, OIL ETC.;
BITUMIN SUBST; MINERAL WAX
Nordic exports to the U.S. by Product Category
4,737
17,6%
3,365
12,5%
2,761
10,2%
30 – PHARMACEUTICAL PRODUCTS
2,184
8,1%
All Others
13,941
51.7 %
Grand Total
26,988
100 %
Imports from the U.S.
Exports to the U.S.
(in billions of U.S. dollars):
(in billions of U.S. dollars):
Denmark: 3.87
Denmark: 2.1
Sweden: 3.26
Finland: 3.89
Sweden: 12.68
Finland: 2
Norway: 1.6
Norway: 6.53
Source: TradeStats Express, Office of Trade and Industry Information (OTII), Manufacturing and Services, International Trade Administration, U.S. Department of Commerce.
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Side 53
United States
MOUNTAIN
4 PM
PACIFIC
3 PM
CENTRAL
5 PM
EASTERN
6 PM
ALASKA
2 PM
HAWAIIALEUTIAN
1 PM
Population:
298 Billion
GDP per capita:
36,500
GDP Growth:
4.2%
GDP:
$10,89 trillion
Unemployment:
5.5%
Inflation:
2.7%
Government Type:
Constitution-based
federal republic
53
10/01/06
10:16
Side 54
Why Invest in Denmark?
There is a healthy investment and trade relationship between the U.S. and Denmark.
Americans invest more (about $19 billion) in
Denmark than any other foreigners, accounting for more than one-third of all foreign
investment here. There are more than 350
American subsidiaries or wholly owned companies in Denmark in a range of sectors,
including healthcare/pharmaceuticals, IT,
manufacturing/industrial automation, travel/tourism, banking/finance and insurance.
The Danish economy is mature and stable,
with low interest and inflation rates. The
nation has an exceptional infrastructure, a
competitive corporate tax rate (28%); a
secure financial sector; and a multilingual,
qualified workforce. The quality of life here
makes it relatively easy to station key foreign
managers.
tem and its high levels of technology and
innovation, according to the World
Economic Forum.
Finally, Denmark's location is ideally situated
for investors looking to Scandinavia, the
Nordics, and Northern Europe. Denmark is
also the logistical doorway to the developing
markets of the Baltic and Russia. As such,
Denmark is an ideal regional marketing and
distribution center for an enlarged EU.
Denmark has one of the world's most competitive economies, boosted by its legal sys-
U.S. exports to Denmark 2004
Product
Value ($)
Percent
88 – AIRCRAFT, SPACECRAFT,
AND PARTS THEREOF
549,078,049
25.6 %
84 – NUCLEAR REACTORS,
BOILERS, MACHINERY ETC.; PARTS
368,227,268
17.2 %
228,433,341
10.6 %
184,973,783
8.6 %
All Others
816,203,009
38 %
Grand Total
2,146,915,450
100 %
Denmark exports to U.S. 2004
Product
Value ($)
Percent
566,536,586
14.6 %
524,241,143
13.5 %
445,589,029
11.5 %
29 – ORGANIC CHEMICALS
399,634,543
10.3 %
All Others
1,942,104,514
50.1 %
Grand Total
3,878,105,815
100 %
Contact information:
AmCham Denmark
Stephen Brugger, Executive Director
Christians Brygge 28, th.
1559 Copenhagen V · DENMARK
Tel: (+45) 33 93 29 32, Fax: (+45) 33 13 05 17
Email: [email protected]
Website: www.amcham.dk
54
U.S. Commercial Service
Bjarke Frederiksen, Senior Commercial Specialist
Dag Hammarskjölds Allé 24
2100 Copenhagen Ø · DENMARK
Tel.: (+45) 33 41 73 15 , Fax: (+45) 35 42 01 75
Email: copenhagen.office.box@ mail.doc.gov
Website: www.buyusa.gov/denmark/en
10/01/06
10:16
Side 55
Population:
5.4 million
GDP:
$257 billion
GDP Growth:
2.8%
GDP per capita, PPP:
$31.900 (2004, OECD)
Unemployment:
4,7%
Inflation:
1,8%
Oslo
Economic Forecast
Source:
Danish Ministry of Finance, December 2005
The Danish economy is
among the strongest in
Europe and the outlook is
for healthy economic
growth and declining
employment. Private consumption should remain the
main growth driver but the
upswing looks set to
become more broadly
based, as exports have surprised on the upside. The
labor and housing markets
are fuelling optimism but
unemployment is approaching a level generally associated with bottleneck risks.
2005 Est.
NORWAY
Skagen
DENMARK
Source: Nordea Bank,
September 2005
Aalborg
SWEDEN
Randers
Aarhus
Herning
Helsingør
Helsingborg
Vejle
Copenhagen
Esbjerg
Roskilde
Kolding
Odense
Malmø
Korsør
Rønne
Flensborg
Rødby
Rønne
GERMANY
55
10/01/06
10:16
Side 56
Why Invest in Finland?
Finland tops global rankings in terms of education, research, and product development,
and in fact, information society development
in Finland is among the highest in the world.
Commitment in this area has been a key factor in making Finland's one of the best performing economies in the world.
The Finnish workforce is highly educated and
multilingual. More than 90% of Finns
younger than 30 speak English, which is the
preferred business language. Overall, business practices in Finland are straightforward
and reflect Finnish qualities such as punctuality and honesty.
Finland is a world leader in collaboration and
knowledge transfer between companies, universities and research institutes encouraging
research, education, and innovation. Finland
boasts a very high number of patent applications for high technology products, and
investment in R&D as a percentage of GDP
is among the highest in the world.
Finland is a great platform for any globally
oriented business, offering immediate access
to Northern Europe. In addition, due to its
central location and convenient global connections, Finland provides a strong potential
base for direct investment in the neighboring
areas.
U.S. exports to Finland 2004
Product
Value ($)
Percent
369,373,769
17.9 %
351,074,696
17 %
281,310,546
13.6 %
88 – AIRCRAFT, SPACECRAFT,
AND PARTS THEREOF
135,154,102
6.5 %
All Others
929,548,133
45 %
Grand Total
2,066,461,246
100 %
Product
Value ($)
Percent
48 – PAPER & PAPERBOARD &
ARTICLES (INC PAPR PULP ARTL)
989,519,180
25.4 %
471,657,880
12.1 %
414,234,134
10.6 %
338,449,842
8.7 %
All Others
1,677,674,676
43.1 %
Grand Total
3,891,535,712
100 %
Finnish exports to the U.S. 2004
AmCham Finland
Natasha Seeley, Managing Director
Vilhonkatu 6 A.
SF – 00100 Helsinki · FINLAND
Tel: (+358) 451 335 027, Fax: (+358) 9675 387
Website: www.amcham.fi
56
Robert Peaslee, Regional Senior Commercial Officer
It. Puistotie 14 B
FIN-00140 Helsinki · FINLAND
Tel: (+358) 9 616 250, Fax: (+358) 9 616 25130
Email: helsinki.office.box@ mail.doc.gov
Website: www.buyusa.gov/finland/en
Cope
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Population:
10:16
Side 57
5.2 million
GDP:
$190 billion
GDP Growth:
2.1%
$30.600 (2004, OECD)
Unemployment:
8.2%
Inflation:
1.0%
Source:
Finnish Ministry of Finance, January 2006
2005 Est.
Economic Forecast
The Finnish economy is well balanced and
expected to expand at a good pace.
Exports as well as investment are gaining
momentum and household demand is
strong. GDP growth is expected to accelerate in 2006 and the risks associated with
the cyclical picture are mainly related to
international developments.
Unemployment is expected to decrease
and government finances to remain in surplus.
Source: Nordea Bank, September 2005
Oulu
FINLAND
SWEDEN
NORWAY
Tampere
Turku
Helsinki
Oslo
Stockholm
Estonia
Russia
DENMARK
Latvia
DENMARK
Copenhagen
Copenhage
Lithuania
Russia
Belarus
57
Germany
Poland
10/01/06
10:16
Side 58
Why Invest in Norway?
There is a strong trade relationship between
Norway and the United States. In 2003,
Norway imported $2.77 billion in American
products – making it the leading importer of
American goods in Northern Europe. Among
these products were aircraft, data processing,
consumer goods and machinery and equipment including defense related items.
Norwegians are among the world’s wealthiest consumers, with per capita GDP of
approximately $40,000 - the highest in
Northern Europe. This coupled with the
country’s low inflation and unemployment
rates, makes for an economy that is strong
and on the rise.
ethics, leading society to be safe and wellfunctioning with little corruption and a high
level of public services.
While Norway is not a member of the
European Union (EU), it is linked to the EU
through the European Economic Area (EEA)
agreement, making Norway a practical part
of the EU’s single market, except in fisheries
and agriculture.
Norway boasts a highly educated population
with excellent foreign language skills.
Corporate culture is often open and informal
and English is the primary language in many
companies. There is an emphasis on business
U.S. exports to Norway, 2004
Product
Value ($)
Percent
408,185,606
25.5 %
OR SURGICAL INSTRMENTS ETC
152,068,671
9.5 %
151,242,727
9.4 %
136,991,915
8.5 %
All Others
755,101,687
47.1 %
Grand Total
1,603,590,606
100 %
Product
Value ($)
Percent
4,398,820,989
67.3 %
223,432,116
3.4 %
75 – NICKEL AND
ARTICLES THEREOF
206,733,279
3.2 %
197,372,689
3%
All Others
1,505,805,078
23.1 %
Grand Total
6,532,164,151
100 %
Norwegian exports to the U.S. 2004
Stavanger
AmCham Norway
Jason Turflinger, Managing Director
P.O. Box 2604, Solli
N-0203 Oslo · NORWAY
Tel: (+47) 22 54 60 40, Fax: (+47) 22 54 67 20
Website: www.amcham.no
58
Vidar Keyn, Senior Commercial Specialist
Drammensveien 18
N-0244 Oslo · NORWAY
Tel: (+47) 21 30 88 66, Fax: (+47) 22 55 88 03
Email: oslo.office.box@ mail.doc.gov
Website: www.buyusa.gov/norway/en
Cope
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Population:
10:16
Side 59
4.6 million
GDP:
$261 billion
GDP Growth:
2.5%
$38.800 (2004, OECD)
Unemployment:
4.6%
Inflation:
1.5%
Source:
Norwegian Ministry of Finance, November 2005.
2005 Est.
Economic Forecast
Tromsø
With low interest rates, rising oil investment
and increasing demand for many Norwegian
export products, the foundation for robust
economic growth is strong. Growth in private consumption is also solid and the
upturn will have a tightening impact on the
labor market. As a result, the Norwegian
central bank will probably hike its official rate
at a measured pace with due consideration
for the effect on the NOK.
FINLAND
Trondheim
SWEDEN
NORWAY
Bergen
Helsinki
Oslo
Stavanger
Stockholm
Estonia
Russia
Kristiansand
DENMARK
Latvia
DENMARK
Copenhagen
Copenhage
Lithuania
Russia
Belarus
59
Germany
Poland
10/01/06
10:16
Side 60
Why Invest in Sweden?
Sweden’s competitiveness is shown by a
large flow of foreign investment and historically the Swedish business has demonstrated
a strong ability to accommodate change,
promote innovation, and demonstrate culture awareness. Research shows that takeoff
for new products and innovations is faster in
Sweden than almost anywhere else.
Furthermore, Sweden invests more in R&D as
a proportion of GDP than other OECD country. The business sector in Sweden is also
responsible for one of the highest rates of
R&D expenditure in relation to public funding. This is visible in major industrial successes like innovation in mobile communications.
In 2003, Sweden was ranked the world’s top
information economy for the fourth consecutive year, by the research firm IDC.
The Swedish growth rate is one of the highest in the EU and there is an international
confidence in the Swedish economy. Due to
the location and historical boundaries,
Sweden has become a natural hub for the
Baltic Sea Region and a gateway to Russia.
This is evidenced by the large number (twothirds) of international companies that are
active in the Baltic Sea Region that have chosen Sweden for their regional headquarters.
U.S. exports to Sweden 2004
Product
Value ($)
Percent
701,504,003
21.5 %
OR SURGICAL INSTRMENTS ETC
513,214,767
15.7 %
414,735,161
12.7 %
361,274,749
11.1 %
All Others
1,274,420,981
39 %
Grand Total
3,265,149,661
100 %
Product
Value ($)
Percent
2,760,854,019
21.8 %
2,103,380,803
16.6 %
1,659,276,591
13.1 %
1,288,935,153
10.2 %
All Others
4,874,174,886
38.4 %
Grand Total
12,686,621,452
100 %
Swedish exports to the U.S. 2004
AmCham Sweden
Helena Lundgren, Managing Director
Jakobs torg 3, P.O. Box 16050
SE-103 21 Stockholm · SWEDEN
Tel: (+46) 8 506 126 10, Fax: (+46) 8 506 126 13
Website: www.amchamswe.se
60
Keith M. Curtis, Senior Commercial Officer
Dag Hammarskjölds Väg 31
SE-115 89 Stockholm · SWEDEN
Tel: (+46) 8 783 5348, Fax: (+46) 8 660 9181
Website: www.buyusa.gov/sweden/en
Cop
10/01/06
10:16
Side 61
Population:
9 million
GDP:
$330 billion
GDP Growth:
2.4%
$30.400 (2004, OECD)
Unemployment:
5.9%
Inflation:
0.3%
Source:
Swedish Ministry of Finance, September 2005
2005 Est.
Tromsø
Economic Forecast
Swedish GDP growth will become more balanced as the contribution from domestic
demand is combined with renewed strength
in external demand. Investment and consumer spending are expected to be the main
drivers of the economy, which will be accompanied by higher capacity utilization and a
stronger labor market.
Kiruna
Umeå
FINLAND
SWEDEN
Sundsvall
NORWAY
Helsinki
Oslo
Stockholm
Estonia
Russia
Gothenburg
DENMARK
Latvia
DENMARK
Copenhagen
Copenhage
Lithuania
Malmo
Malm
Russia
Belarus
61
Germany
Poland
10/01/06
10:16
Copenhagen, Stock Exchange
62
Side 62
10/01/06
10:16
Side 63
AmCham Denmark Our Members
Membership Category & Industry Sector
Annual Membership Reception
First Annual AmCham Denmark Business Award
63
10/01/06
10:16
Side 64
AmCham Membership | 273 Companies
3M a/s
A.P. Møller - Maersk A/S
A.T. Kearney
Abbott Laboratories A/S
Accelerate A/S
Accenture
Accura Law Firm
Actavis A/S c/o Alpharma A/S
ADT
Advance Security A/S
AdPeople | PeopleGroup
Agilent Technologies Denmark A/S
AidaCom
AIG Europe S.A.
Air France - KLM Group
ALD Automotive
All Denmark Relocation
Amerada Hess ApS
American Aviation Data, Inc.
American Express Corporate Travel A/S
Ametek Denmark A/S
Amicorp Denmark A/S
Amrop Hever
Amway Denmark Patron
Andersen & Martini A/S
AON Denmark A/S
Applied Biosystems
Arkitema K/S
Assurant Services Denmark A/S
Atlantic Link
Atlas Stord A/S
Avis Biludlejning A/S
Babcock & Wilcox Vølund ApS
Bang & Olufsen A/S
BankInvest-gruppen
Bavarian Nordic A/S
BearingPoint Denmark ApS
Bech-Bruun Law Firm
Bentley Scandinavia A/S
Berlitz Language Services Scandinavia A/S
Best Talent ApS
Billetkontoret A/S
B-K Medical ApS
Blockbuster Video
BMC Software A/S
64
Bodilsen a/s
Booz Allen Hamilton ApS
Boston Scientific Denmark ApS
Boyden International
Brenntag Nordic A/S
Bristol-Myers Squibb - Denmark
British Airways
Burson-Marsteller A/S
Business Objects Denmark
butlerNetworks A/S
Butterflies PR and More
CA Northern Europe
Cap’s Harley-Davidson Denmark
Carl Bro A/S
Carlson Wagonlit Travel
CF Geologistics A/S
Change Management aps
Chevron Denmark Inc.
CHUBB Insurance Company of Europe S.A.
Cisco Systems Denmark ApS
Citco (Denmark) ApS
Citigroup Denmark
CNA Insurance Hansen & Klein A/S
Coca-Cola Nordic Services A/S
Coloplast A/S
Component Software
Computer Sciences Corporation Denmark A/S
Connexion by Boeing
ConocoPhillips Danmark A/S
Copenhagen Airports A/S
Copenhagen Business Center
Copenhagen Capacity
Copenhagen Malmö Port AB
Copenhagen Marriott Hotel
CPI - Culture Perception & Integration
D&B
DaimlerChrysler Danmark A/S
Danisco A/S
Danish American Football Federation, DAFF
Dansk Handel & Service
Danske Bank A/S
Danware Data A/S
Dell Denmark A/S
Deloitte
DENERCO OIL A/S
Dionex Denmark A/S
Diplomat Restaurant - U.S. Embassy
DIS - Denmark’s International
Study Program
Discovery Networks Nordic A/S
Ecolab A/S
EDS Denmark A/S
Eli Lilly Danmark A/S
Elizabeth Arden A/S
EM Growth
EMC Computer Systems A/S
Emerson Process Management
Ernst & Young
Estée Lauder Cosmetics A/S
Eversheds Law Firm
Eye for Image
Fair Forsikring A/S
FeedBack Scandinavia
Ferring Pharmaceuticals A/S,
International PharmaScience Center
Ferrosan A/S
Finnair PLC
Ford Motor Company A/S
Gartner Denmark ApS
GE Healthcare
GE Money Bank
General Motors Danmark
General Reinsurance Scandinavia
GHDesign ApS
GlaxoSmithKline Pharma A/S
Global Refund Denmark
Global-Eyes a/s
Gorrissen Federspiel Kierkegaard
Grant Thornton
Greater Richmond Partnership Inc.
Grundfos A/S
Gugin International Business Development
H. Lundbeck A/S
Haldor Topsøe A/S
Heidrick & Struggles
Hertz Biludlejning
Hewlett-Packard ApS
Hobart Foster Scandinavia A/S
Honeywell A/S
Horton International A/S
10/01/06
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Side 65
Patron Members
Houghton Danmark A/S
hpc.danmark ApS
HTS - Danish Chamber of Commerce
IBM Danmark A/S
Icelandair
IDG Danmark A/S
IHS A/S
Northern Europe & the CIS Countries
IMS Health
Intel Copenhagen ApS
Interverbum Translations
Invest in Denmark
J. Lauritzen A/S
Janssen-Cilag
Johnson & Johnson
JohnsonDiversey Danmark
Jyske Bank A/S
Keops Proviso A/S
Kinetico Denmark ApS
KL Marketing ApS
KPMG
Kuoni Denmark
Leif Hansen Consulting Engineers
Leo Burnett Denmark
Lexmark Danmark
Lionbridge Denmark A/S
Mail Boxes Etc. Denmark
MAQS Law Firm
Marsh A/S
MasterFoods A/S
Mattel Northern Europe A/S
Maxygen ApS
McDonald’s Danmark A/S
MCI Denmark A/S
McKinsey & Company Denmark
Merck Sharp & Dohme
Mercuri Urval A/S
Microsoft Denmark
Mobilglas 2000 ApS
Moore Stephens Danmark
Motorola A/S
National Instruments Danmark
NCF - Nordic Corporate Finance
Neurodan A/S
NHG A/S
NLP World
Corporate Members
Nordea
Nordic Asset Management
Nordic Phytopharma A/S
Novartis Healthcare A/S
Novell Denmark A/S
Novo Nordisk A/S
Novozymes A/S
Nykredit A/S
Nypro Denmark ApS
Observer Denmark A/S
Ogilvy Denmark
OneSeal A/S
Oracle Danmark ApS
Otis A/S
PerkinElmer
Pfizer ApS
Pharmexa A/S
Philip Morris ApS
Pitney Bowes Danmark A/S
PPC Denmark
Premiere Security A/S
PricewaterhouseCoopers
PrimeTime Communication
PTC Denmark (Arbortext Nordic)
Radiometer A/S
Radisson SAS (Rezidor SAS Hospitality)
Rambøll
Randstad
Raytheon International Inc.
REPUTATION
Resenbro + Partners a/s
Resources Global Professionals A/S
ResQ A/S
Right Kjaer & Kjerulf
Roche a/s
Rockwell Automation A/S
Rønne & Lundgren Law Firm
Rosendahl International A/S
S.A.T.S. Danmark A/S
Sales-Force 1 A/S
Sanofi-aventis
SAS - Scandinavian Airlines Denmark A/S
SAS Institute A/S
SIMI (Scandinavian International
Management Institute)
Scandinavian Travel Center
Associate Members
Scientific-Atlanta A/S
Scott Berman Writing
Sealed Air Denmark A/S
Settwell in Denmark
Shurgard Denmark ApS
SimCorp A/S
Smurfit Kappa Group
Spamfighter ApS
SprintLink Denmark ApS
Stanley Nordic A/S
Struers A/S
Stryker Nordic
Sun Chemical A/S
Sun Microsystems Danmark A/S
Symbol Technologies A/S
T. Rowe Price Global
Investment Services
Target Merketing Scandinavia
TDC A/S
Tellabs Denmark A/S
Texas Instruments Denmark A/S
The International Institute of Written
Oxford English ApS
Thermo Electron
Thor Stevnss Ehrvervsmæglere A/S
Toms Gruppen A/S
Travel Partner
TriVirix Denmark ApS
Tvilum-Scanbirk
UL International Demko A/S
uni-chains A/S
Unisys A/S
United Airlines
UPS Danmark A/S
Varian Medical Systems Scandinavia A/S
Velux A/S
Viewpoint Communication
Virksomhedsskolen A/S
Waters A/S
Weibel Scientific A/S
Woer | Gregorius
World Jet Trading A/S
Worldspan Services A/S
Wyeth Denmark
Xerox A/S
York Novenco ApS
Zealand Pharm
65
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Patron Members
66
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Side 66
10/01/06
10:16
Side 67
AmCham Denmark is proud to recognize our Patron members – exclusively American companies
– and thank them for their vital and continuing support
67
10/01/06
10:16
Side 68
AmCham Membership by Industry Sector
Member Distribution by Industry Sector
Defense (1)
Media/Entertainment/Publishing (5)
Business Services (52)
Energy/Oil & Gas (5)
Moving/Relocation (6)
Facility Mangement/Security & Safety (6)
Organization/Government Agency (5)
Hospitality/Restaurant/Food Service (6)
Healthcare:
Pharmaceuticals/Medical Instruments/
Biotechnology (41)
Automotive (8)
Telecommunication (9)
Distribution/Logistics (9)
Education/Training (11)
Comsumer Goods & Service (15)
Building & Construction (9)
Travel & Tourism (18)
68
IT/Computers:
Hardware, Software & Consulting (26)
Banking/Finance/Insurance (20)
Manufacturing/Industrial Automation (18)
10/01/06
10:16
Automotive
ALD Automotive
Andersen & Martini A/S
Avis Biludlejning A/S
DaimlerChrysler Danmark A/S
Ford Motor Company A/S
General Motors Danmark
Hertz Biludlejning
Mobilglas 2000 ApS
Banking/Finance/Insurance
AIG Europe S.A.
AON Denmark A/S
Assurant Services Denmark A/S
BankInvest-gruppen
CHUBB Insurance Company
of Europe S.A.
Citigroup Denmark
CNA Insurance Hansen & Klein A/S
Danske Bank A/S
Fair Forsikring A/S
GE Money Bank
General Reinsurance Scandinavia
Jyske Bank A/S
Keops Proviso A/S
Marsh A/S
NCF - Nordic Corporate Finance
Nordea
Nordic Asset Management
Nykredit A/S
SimCorp A/S
World Jet Trading A/S
Side 69
Building & Construction
Arkitema K/S
Carl Bro A/S
hpc.danmark ApS
Leif Hansen Consulting Engineers
Otis A/S
Rambøll
Stanley Nordic A/S
Thor Stevnss Ehrvervsmæglere A/S
Velux A/S
Business Services:
Employment/Executive Search
Amrop Hever
Best Talent ApS
Boyden International
Heidrick & Struggles
Horton International A/S
Mercuri Urval A/S
Randstad
Sales-Force 1 A/S
Business Services:
Accounting & Financial
Amicorp Denmark A/S
Citco (Denmark) ApS
D&B
Deloitte
Ernst & Young
Grant Thornton
KPMG
Moore Stephens Danmark
PricewaterhouseCoopers
T. Rowe Price Global Investment
Services
Business Services: Legal
Accura Law Firm
Bech-Bruun Law Firm
Eversheds Law Firm
Gorrissen Federspiel Kierkegaard
MAQS Law Firm
Rønne & Lundgren Law Firm
Business Services:
Advertising/PR/Event Planning
AdPeople | PeopleGroup
Burson-Marsteller A/S
Butterflies PR and More
KL Marketing ApS
Leo Burnett Denmark
NHG A/S
Observer Denmark A/S
Ogilvy Denmark
PrimeTime Communication
REPUTATION
Resenbro + Partners a/s
Scott Berman Writing
Business Services:
Management Consultants
A.T. Kearney
Accenture
BearingPoint Denmark ApS
Booz Allen Hamilton ApS
Change Management aps
Eye for Image
Global-Eyes a/s
Gugin International
Business Development
Lionbridge Denmark A/S
McKinsey & Company Denmark
Resources Global Professionals A/S
Right Kjaer & Kjerulf
SAS Institute A/S
69
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Side 70
AmCham Membership by Industry Sector
Business Services:
Office Systems/Management
Lexmark Danmark
Pitney Bowes Danmark A/S
Xerox A/S
Consumer Goods & Services
3M a/s
Amway Denmark
Bang & Olufsen A/S
Cap’s Harley-Davidson Denmark
Coca-Cola Nordic Services A/S
Elizabeth Arden A/S
Estée Lauder Cosmetics A/S
JohnsonDiversey Danmark
MasterFoods A/S
Mattel Northern Europe A/S
Philip Morris ApS
Rosendahl International A/S
S.A.T.S. Danmark A/S
Toms Gruppen A/S
Defense
Raytheon International Inc.
Distribution/Logistics
A.P. Møller - Maersk A/S
Brenntag Nordic A/S
CF Geologistics A/S
J. Lauritzen A/S
Mail Boxes Etc. Denmark
OneSeal A/S
Smurfit Kappa Group
Symbol Technologies A/S
UPS Danmark A/S
70
Education/Training
Accelerate A/S
AidaCom
Berlitz Language Services Scandinavia A/S
CPI - Culture Perception & Integration
DIS - Denmark’s International
Study Program
FeedBack Scandinavia
Interverbum Translations
NLP World
The International Institute of Written
Oxford English ApS
Virksomhedsskolen A/S
Energy/Oil & Gas
Amerada Hess ApS
Babcock & Wilcox Vølund ApS
Chevron Denmark Inc.
ConocoPhillips Danmark A/S
DENERCO OIL A/S
Facility Management/
Security & Safety
ADT
Advance Security A/S
Ecolab A/S
Premiere Security A/S
ResQ A/S
York Novenco ApS
Healthcare:
Medical Equipment & Instruments
Agilent Technologies Denmark A/S
Applied Biosystems
B-K Medical ApS
Boston Scientific Denmark ApS
Coloplast A/S
Dionex Denmark A/S
GE Healthcare
Johnson & Johnson
Neurodan A/S
PerkinElmer
Radiometer A/S
Stryker Nordic
Thermo Electron
TriVirix Denmark ApS
Varian Medical Systems Scandinavia A/S
Waters A/S
Healthcare: Pharmaceuticals
Abbott Laboratories A/S
Actavis A/S c/o Alpharma A/S
Bavarian Nordic A/S
Bristol-Myers Squibb - Denmark
Eli Lilly Danmark A/S
Ferring Pharmaceuticals A/S,
International PharmaScience Center
Ferrosan A/S
GlaxoSmithKline Pharma A/S
H. Lundbeck A/S
IMS Health
Janssen-Cilag
Merck Sharp & Dohme
Nordic Phytopharma A/S
Novartis Healthcare A/S
Novo Nordisk A/S
Pfizer ApS
Roche a/s
sanofi-aventis Group
Wyeth Denmark
Zealand Pharma
Biotechnology
Danisco A/S
Maxygen ApS
Novozymes A/S
Pharmexa A/S
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Hospitality/Restaurant/Food Service
Copenhagen Marriott Hotel
Diplomat Restaurant - U.S. Embassy
Hobart Foster Scandinavia A/S
McDonald’s Danmark A/S
Radisson SAS (Rezidor SAS Hospitality)
IT/Computers:
Hardware, Software & Consulting
American Aviation Data, Inc.
Bentley Scandinavia A/S
BMC Software A/S
Business Objects Denmark
CA Northern Europe
Cisco Systems Denmark ApS
Component Software
Computer Sciences Corporation
Denmark A/S
Danware Data A/S
Dell Denmark A/S
EDS Denmark A/S
EMC Computer Systems A/S
Gartner Denmark ApS
GHDesign ApS
Hewlett-Packard ApS
IBM Danmark A/S
IHS A/S
Northern Europe & the CIS Countries
Intel Copenhagen ApS
Microsoft Denmark
Novell Denmark A/S
Oracle Danmark ApS
PTC Denmark (Arbortext Nordic)
Spamfighter ApS
Sun Microsystems Danmark A/S
Texas Instruments Denmark A/S
Unisys A/S
Manufacturing/Industrial
Automation
Ametek Denmark A/S
Atlas Stord A/S
Bodilsen a/s
Emerson Process Management
Grundfos A/S
Haldor Topsøe A/S
Honeywell A/S
Houghton Danmark A/S
Kinetico Denmark ApS
National Instruments Danmark
Nypro Denmark ApS
Rockwell Automation A/S
Sealed Air Denmark A/S
Struers A/S
Sun Chemical A/S
Tvilum-Scanbirk
uni-chains A/S
Weibel Scientific A/S
Media/Entertainment/Publishing
Blockbuster Video
Danish American Football
Federation, DAFF
Discovery Networks Nordic A/S
IDG Danmark A/S
Woer|Gregorius
Moving/Relocation
All Denmark Relocation
Copenhagen Business Center
EM Growth
Settwell in Denmark
Shurgard Denmark ApS
Organizations/Government Agency
Copenhagen Capacity
Copenhagen Malmö Port AB
Dansk Handel & Service
Greater Richmond Partnership Inc.
HTS - Danish Chamber of Commerce
Invest in Denmark
SIMI (Scandinavian International
Management Institute)
UL International Demko A/S
Telecommunications
butlerNetworks A/S
Connexion by Boeing
MCI Denmark A/S
Motorola A/S
PPC Denmark
Scientific-Atlanta A/S
SprintLink Denmark ApS
TDC A/S
Tellabs Denmark A/S
Travel & Tourism
Air France - KLM Group
American Express Corporate Travel A/S
Atlantic Link
Billetkontoret A/S
British Airways
Carlson Wagonlit Travel
Copenhagen Airports A/S
Finnair PLC
Global Refund Denmark
Icelandair
Kuoni Denmark
SAS - Scandinavian Airlines Denmark A/S
Scandinavian Travel Center
Target Marketing Scandinavia
Travel Partner
United Airlines
Viewpoint Communication
Worldspan Services A/S
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Side 72
Annual Membership Reception & Business Award
Bo Thörn,
Managing
Director,
Smurfit Kappa
Group; and
Sten Horsleth,
Managing
Director,
Varian Medical
Systems; at the
reception.
AmCham Denmark
Annual Membership Reception & Business Award
In eloquent, extemporaneous remarks, U.S. Ambassador to
Denmark James P. Cain and AmCham Chairman Paul
Coleman, General Manager, Biogen Idec Manufacturing,
both recognized the importance and value of AmCham
Denmark.
Ambassador Cain welcomes guests to the reception.
72
They spoke at the second annual AmCham Denmark Business Award ceremony and Ambassador’s Reception, October 11 at Rydhave, the ambassador’s
residence near Copenhagen.
Cain said upon arriving in Denmark as U.S. Ambassador in August 2005,
his first official phone call was to Coleman, to express his desire to work
together to promote American-Danish trade and business. Cain added that
“AmCham is our best connection to Denmark.” Coleman thanked Cain.
Coleman also talked about AmCham, telling the audience members that
he wanted them to know “why I’m standing here as a businessman. Because
it (AmCham) works.” He said that sharing best practices, staking out policy
positions, and communicating with policymakers about issues of concern to
the business community are vitally important endeavors that AmCham is all
about.
The chairman added that are more chamber membership upgrades from
corporate to patron (the highest level) than ever before. “If we were a public
company, we’d have a very profitable share price.”
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Side 73
Texas Instruments Denmark A/S wins AmCham Denmark’s Business Award 2005. (L to R: Stephen Brugger,
Executive Director, AmCham Denmark; Ambassador James Cain; Kim Breum-Christensen, Managing Director,
Texas Instruments; and AmCham Chairman Paul Coleman, General Manager, Biogen Idec.)
2005 Winner – Texas Instruments Denmark A/S
Texas Instruments Denmark A/S, won the second annual
AmCham Denmark Business Award in October 2005. The
award was presented by U.S. Ambassador to Denmark James
P. Cain.
AmCham Chairman Paul Coleman, General Manager,
Biogen Idec Manufacturing, said Texas Instruments “represents everything we want to highlight with this award: entrepreneurship, innovation, and globalization.” Texas Instruments Denmark A/S is a subsidiary of Texas Instruments Inc.
based in Dallas.
Kim Breum-Christensen, Texas Instruments’ Managing
Director, accepted for the company, saying, “We are very,
very proud of this award.”
Coleman said that in selecting the winner, the award jury
– AmCham’s board of directors – considered “not only traditional growth and revenue figures but also the fundamental
product/technology driving these figures.”
He noted that Texas Instruments’ innovative Reference
Design Technology enables cell phone manufacturers to
bring flexible, low-cost cellular connectivity to developing
markets. Surprisingly, 80% of the world’s cell phone market
remains untapped: a situation that the company’s initiative will help to
change.
Coleman said that in developing its pioneering solution, Texas Instruments
has:
• Increased its Ålborg staff by more than 120% (from 90 employees to 200)
• Increased its revenues by 50 % (DKK 215 million to 315 million)
• Had a positive effect on the Ålborg area in terms of area employment and
economics, and community involvement.
About 150 onlookers – representing a cross-section of companies and sectors with American and Danish interests – watched from Rydhave’s garden
patio as Ambassador Cain and AmCham Chairman Coleman presented the
award to Breum-Christensen.
AmCham Denmark Annual Business Award
The AmCham Denmark Annual Business Award is aimed at highlighting the
significance of the Danish-American trade. Established in 2004, the AmCham
Denmark Business Award is presented annually to an AmCham member company. The award recognizes excellence within the private enterprise system in
terms of entrepreneurship, innovation, and globalization.
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Membership 101
74
Graduating Class January 14
Graduating Class February 4
Graduating Class May 13
Graduating Class August 19
10/01/06
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Graduating Class March 11
Graduating Class April 1
Graduating Class October 28
Membership 101
Membership 101 is the chamber’s ongoing initiative to communicate how to manage and get the most out of your
AmCham Denmark membership.
Membership 101’s take-home message: AmCham
Denmark membership is not a personal membership, but a
company membership, which is open to your entire management team.
The sessions during 2005 established the procedure:
New and continuing member representatives convene, network in a relaxed atmosphere, and learn more about how
AmCham can help create value for their companies in
Denmark and internationally. The sessions are held in the
chamber’s new meeting room and feature informative pre-
sentations about AmCham Denmark’s structure, network,
and services. A reception follows. Attendees also receive their
AmCham company membership certificate.
Several points have been emphasized in the sessions:
AmCham’s international referral service for members looking
to do business in other countries, via the European Council of
American Chambers of Commerce and the chamber’s global
network; the chamber’s committees; and the Company
Promotions program in conjunction with the U.S. Embassy in
Denmark.
You get out of AmCham what you put into it. Let
AmCham Denmark show you how. Contact the chamber for
more information.
75
10/01/06
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Copenhagen, Round Tower
110
Side 110
10/01/06
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Side 111
AmCham Denmark Worldwide Network
CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA
EUROPEAN COUNCIL OF AMERICAN CHAMBERS
OF COMMERCE (ECACC)
OTHER AMCHAMS IN EUROPE (NON ECACC)
111
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Side 112
EU member countries
Iceland
Finland
Sweden
Norway
Estonia
Latvia
Denmark
Lithuania
Ireland
Netherlands
Belarus
United
Kingdom
Poland
Germany
Belgium
Luxembourg
Ukraine
Czech Republic
Slovakia
Moldova
Austria
Switzerland
France
Hungary
Romania
Slovenia
Croatia
Serbia
Monaco
Italy
Bulgaria
Montenegro
Portugal
Macedonia
Spain
Albania
Greece
Gibraltar
Malta
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Side 113
AmCham Denmark’s
Global Affiliations
United States Chamber
of Commerce
AmCham Denmark is a fully accredited
member of the United States Chamber of
Commerce, which is consistently ranked
among the top 10 most influential non-governmental lobbying and trade organizations.
Accreditation means that AmCham Denmark
is authorized to lobby the U.S. government
on behalf of its members.
European Council of American
Chambers of Commerce (ECACC)
Russia
AmCham Denmark is one of the 37 members
of ECACC, which represents the corporate
interests of some 17,000 companies, 20 million employees, and more than $ 1.1 billion
in trans-Atlantic investment.
Mutual Benefits & Services
Program
Kazakhstan
The European AmChams have developed a
program of Mutual Benefits & Services
aimed at assisting AmCham members who
seek to expand their businesses in other
European countries. This program includes:
• Access to European AmChams’
Publications: Membership Directories,
Newsletters & Magazines, and Country
Guides.
• Access to events and activities organized
by other European AmChams
Georgia
Azerbaijan
Armenia
• Introductory “Country Briefings” when
visiting other European countries*
• An “Executive Referral” to senior managers
Turkey
when relocating to other European
countries
* Requests must be made through your local AmCham
Executive Director.
Cyprus
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Side 114
AmCham Denmark and ECACC: Active in 2005
AmCham Denmark had an active 2005 agenda with the European Council of American Chambers of
Commerce (ECACC), and plans the same for 2006.
AmCham and its sister chambers worked with ECACC throughout the year on ways to share best practices,
identify mutual policy issues, create successful committees, provide research and manage events for members,
fashion sponsorship models, and set the agenda for future cooperation.
AmCham Denmark in February participated in a meeting of ECACC senior managers hosted by AmCham
EU in Brussels.
Representatives of the Nordic AmChams (Denmark, Norway, Sweden, Finland) joined participants from
nine other AmChams at “Business Advocacy in the Expanded EU,“ a June 15 conference sponsored by
AmCham Estonia and the U.S. Embassy in Estonia.
Senior AmCham managers in Europe gathered in Kiev, Ukraine for ECACC’s fall meetings in September.
At that time, AmCham Denmark’s Stephen Brugger was elected treasurer of ECACC's Executive Committee.
In 2006, ECACC meetings are planned for Belgium, Washington D.C., with a fall session in Spain. Those
agendas are likely to include how to enhance the traditional role of providing networks, focusing on advocacy,
and fostering relationships with the U.S. embassies in their countries.
Nordic AmChams meet in Estonia. (L to R) Jason Turflinger, AmCham
Norway; Natasha Anne Seeley, AmCham Finland; Marianne Raidna,
AmCham Sweden; and Stephen Brugger, AmCham Denmark.
114
AmCham Executive Directors share best practices ideas during a roundtable
discussion: Janez Moder (Slovenia), Stephen Brugger (Denmark)
Chamber Headquarters U.S.A
ECACC Secretariat
UNITED STATES CHAMBER OF COMMERCE
1615 H Street, N.W.
Washington, D.C. 20062-2000
Tel: (+001) 202 463 5460, Fax: (+001) 202 463 3173/3114
WWW: http://www.uschamber.com
Thomas J. Donohue, President and Chief Executive Officer
Gary Litman, Vice President, Europe and Eurasia
Kristal Alley, Permanent Representative Europe Office
AMCHAM GERMANY
D-60311 Germany, Rossmarkt 12
Tel:(+49) 69 92 91 04 0, Fax:(+49) 69 92 91 04 11
Chair: Róbert Simoncic
Vice Chair: Dr. Dierk Mueller (Frankfurt/Main)
10/01/06
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Side 115
ECACC
Directory of Members
ALBANIA
Croatia
AMERICAN CHAMBER OF COMMERCE IN ALBANIA
Rr. Deshmoret 4 Shkurtit, Pall.1, Kati 2
Tirana
Tel: (+355) 4 259779, Fax: (+355) 4 235350
Website: www.amcham.com.al
Jeffrey Griffin, President
Floreta Luli-Faber, Executive Director
American Chamber of Commerce in Croatia
Kr_njavoga 1
HR-10000 Zagreb
Tel: (+385) 1 48 36 777, Fax: (+385) 1 48 36 776
Website: www.amcham.hr
Josip Krznari_, President
Damir Vucic, Executive Director
Austria
Cyprus
American Chamber of Commerce in Austria
Porzellangasse 35
A-1090 Vienna
Tel: (+43) 1 319 57 51, Fax: (+43) 1 319 51 51
Website: www.amcham.or.at
Ernst Nonhoff, President
Patricia A. Helletzgruber, Executive Director
Cyprus-American Business Association
P.O. Box 21455
CY-1509 Nicosia
Tel: (+357) 22 889830, Fax: (+357) 22 668630
Website: www.cyaba.com.cy
Kyriacos Kokkinos, President
Andis Nathanael, Director
Azerbaijan
Czech Republic
American Chamber of Commerce in Azerbaijan
ISR Plaza, 340 Nizami Street, 6th Floor
370000 Baku
Tel: (+99) 412 4 971 333, Fax: (+99) 412 4 971 091
Website: www.amchamaz.org
Stanley Escudero, President
Nargiz Nasrullayeva-Muduroglu, Executive Director
American Chamber of Commerce in the Czech Republic
Dusni 10
CZ-110 00 Prague 1
Tel: (+420) 2 2232 9430, Fax: (+420) 2 2232 9433
Website: www.amcham.cz
Laurie J. Spengler, President
Weston Stacey, Executive Director
Belgium
Denmark
American Chamber of Commerce in Belgium
Avenue des Arts 50, Bte. 5
B-1000 Brussels
Tel: (+32) 25 13 67 70, Fax: (+32) 25 13 35 90
Website: www.amcham.be
Leonard H. Schrank, President
Marcel Claes, Chief Executive
American Chamber of Commerce in Denmark
Christians Brygge 28,1 th
DK-1559 Copenhagen V
Tel: (+45) 33 93 29 32, Fax: (+45) 33 13 05 17
Website: www.amcham.dk
Paul Coleman, Chairman
Stephen Brugger, Executive Director
Bulgaria
EU
American Chamber of Commerce in Bulgaria
Business Park Sofia, Mladost 4 Area, Building 2, fl 6
BG-1715 Sofia
Tel: (+359) 2 9769 565, Fax: (+359) 2 9769 569
Website: www.amcham.bg
Kenneth M. Lefkowitz, President
Valentin Georgiev, Executive Director
American Chamber of Commerce to the EU
Avenue des Arts 53
B-1000 Brussels
Belgium
Tel: (+32) 2 513 68 92, Fax: (+32) 2 513 79 28
Website: www.amchameu.be
Claudio Murri, Chairman
Susan Danger, Managing Director, EU Comittee
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Side 116
Finland
Ireland
American Chamber of Commerce in Finland
Vilhonkatu 6 A
SF-00100 Helsinki
Tel: (+358) 451 335 027, Fax: (+358) 9 675 387
Website: www.amcham.fi
Teppo Rantanen, Chairman
Natasha Anne Seeley, Managing Director
American Chamber of Commerce in Ireland
6 Wilton Place
IE- Dublin 2
Tel: (+353) 1 661 6201, Fax: (+353) 1 661 6217
Website: www.amcham.ie
Dr. Fraser Logue, President
Joanne Richardson, Chief Executive
France
Israel
American Chamber of Commerce in France
156 boulevard Haussmann
F-75008 Paris
Tel: (+33) (1) 56 43 45 67, Fax: (+33) (1) 56 43 45 60
Website: www.amchamfrance.org
Francis Bailly, President
Stephen B. Pierce, Managing Director
Israel-America Chamber of Commerce & Industry
35 Shaul Hamelech Blvd.
IL-Tel Aviv 61333
Tel: (+972) 3 695 23 41, Fax: (+972) 3 695 12 72
Website: www.amcham.co.il
Zalman Shoval, President
Tamar Guy, Executive Director
Georgia
Italy
American Chamber of Commerce in Georgia
1 Nutsubidze St.,
177 Tbilisi
Tel: (+995 32) 251-437, Fax: (+995 32) 250-495
Website: www.amcham.ge
Fady Asly, President
Amy Denman, Executive Director
American Chamber of Commerce in Italy
Via Cantù, 1
I-20123 Milano
Tel: (+39) 02 8690661, Fax: (+39) 02 8057737
Website: www.amcham.it
Mario Resca, President and Managing Director
Latvia
Germany
American Chamber of Commerce in Germany
Rossmarkt 12
D-60311 Frankurt am Main
Tel: (+49) 69 92 91 04 - 0, Fax: (+49) 69 92 91 04 - 11
Website: www.amcham.de
Fred B. Irwin, President
Dierk Mueller, General Manager
American Chamber of Commerce in Latvia
Torna iela4, IIA,301
LV-1050 Riga
Tel: (+371) 721-2204, Fax: (+371) 782- 0090
Website: www.amcham.lv
Raymond Slaidins, President
Marc Gaber, Executive Director
Macedonia
Greece
American-Hellenic Chamber of Commerce
109-111 Messoghion Avenue
GR-115 26 Athens
Tel: (+30) 210 699 3559, Fax: (+30) 201 698 5686
Website: www.amcham.gr
Stephanos Costopoulos, President
Alexander Lamnidis, Executive Director
Hungary
American Chamber of Commerce in Hungary
V. Deák Ferenc u. 10
H-1052 Budapest
Tel: (+36) 1 266 9880, Fax: (+36) 1 266 9888
Website: www.amcham.hu
Les Nemethy, President
Péter Fáth, Executive Director
116
American Chamber of Commerce in Macedonia
Dimitrija Cupovski #2, Floor IV, Pelajonija Building
MK-1000 Skopje
Tel: (+389) 2 3216 714, Fax: (+389) 2 3135 441
Website: www.amcham.com.mk
Dr. Jordan Shikoski, Executive Director
Malta
Maltese – American Chamber of Commerce
Exchange Buildings, Republic Street
VLT 05 Valletta
Tel: (+356) 2124 7233, Fax: (+356) 2124 5223
Website: www.malta-uschamber.com
Mark Miceli-Farrugia, President
Robert J Lafayette, Honorary Secretary
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The Netherlands
Russia
American Chamber of Commerce in the Netherlands
Scheveningseweg 58
NL-2517 KW The Hague
Tel: (+31) 70-365 98 08, Fax: (+31) 70-364 69 92
Website: www.amcham.nl
Chris I. Devries, President
Carolina van der Ark, Executive Officer
St. Petersburg Chapter
25 Nevsky Prospect, Suite 318B,
191186 St. Petersburg
Tel: (+7) 812 326 2590, Fax: (+7) 812 326 2591
Website: www.amcham.ru/stpete
Andrew B. Somers, President
Maria Chernobrovkina, Executive Director
Norway
Serbia & Montenegro
American Chamber of Commerce in Norway
P.O. Box 2604, Solli
N-0203 Oslo
Tel: (+47) 22 54 60 40, Fax: (+47) 22 54 67 20
Website: www.amcham.no
André Demarest, Chairman
Jason Turflinger, Managing Director
American Chamber of Commerce in Serbia & Montenegro
Vlajkoviceva 30/III/10
YU-11000 Belgrade
Tel: (+381) 11 334 5961, Fax: (+381) 11 324 7771
Website: www.amcham.yu
Danko Djunic, President
Richard Sinisa Danicic, Executive Director
Poland
Slovak Republic
American Chamber of Commerce in Poland
Warsaw Financial Center, ul. Emilii Plater 53, 30th floor
PL-00-113 Warsaw
Tel: (+48) 22 520-5999, Fax: (+48) 22 520-5998
Website: www.amcham.com.pl
Roman Rewald, Chairman
Dorothy Dabrowska, Executive Director
American Chamber of Commerce in the Slovak Republic
Hotel Danube, Rybné námestie 1
SK-813 38 Bratislava
Tel: (+421) 2 5464 0534, Fax: (+421) 2 5934 0556
Website: www.amcham.sk
Róbert Simoncic, President
Jake C. Slegers, Executive Director
Portugal
Slovenia
American Chamber of Commerce in Portugal
Rua D. Estefania 155, 5 Esq.
P-1000-154 Lisboa
Tel: (+351) 213 572 561, Fax: (+351) 213 572 580
Website: www.amchamportugal.org
Carlos Rodrigues, President
Henrique M. Brito do Rio, Executive Director
American Chamber of Commerce in Slovenia
Pod Hribom 55
SLO-1000 Ljubljana
Tel: (+386) 1 581 62 85, Fax: (+386) 1 581 61 11
Website: www.amcham.si
Barbara Kosler, President
Janez Moder, Executive Director
Romania
Spain
American Chamber of Commerce in Romania
Union International Center, 11 Ion Campineanu , District 1
78664 Bucharest
Tel: (+40) 21 312 4834, Fax: (+40) 21 312 4851
Website: www.amcham.ro
Roberto Musneci, President
Anca Harasim, Executive Director
American Chamber of Commerce in Spain
Tuset 8, entlo. 3a
E-08006 Barcelona
Tel: (+34) 93 415 99 63, Fax: (+34) 93 415 11 98
Website: www.amchamspain.com
Jaime Malet, Chairman
Glynis Andrews, Deputy Executive Director
Russia
Sweden
American Chamber of Commerce in Russia
Ul. Dolgorukovskaya 7, 14th Floor
RU-127006 Moscow
Tel: (+7) 095 961 2141, Fax: (+7) 095 961 2142
Website: www.amcham.ru
James Boloschak, Chairman
Andrew B. Somers, President
American Chamber of Commerce in Sweden
Jakobs torg 3, P.O. Box 16050
SE-103 21 Stockholm
Tel: (+46) 8 506 126 10, Fax: (+46) 8 506 126 13
Website: www.amchamswe.se
Gunnar Hesse, Chairman
Helena Lundgren, Managing Director
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Switzerland
Estonia
Swiss-American Chamber of Commerce
Talacker 41
CH-8001 Zurich
Tel: (+41) 43 443 72 00, Fax: (+41) 43 497 22 70
Website: www.amcham.ch
James J. Schiro, Chairman and President of the Board
Martin Naville, Chief Executive Director
American Chamber of Commerce in Estonia
Tallinn Business Center, Harju 6
10130 Tallinn
Tel: (+372) 6 310 522, Fax: (+372) 6 310 521
Website: www.acce.ee
Greg Grace, President
Daria Makarova, Executive Director
Turkey
Kazakhstan
Turkish-American Business Association (TABA)
Büyükdere Caddesi 18, Tankaya Apt. Kat 7, D 20 Sisli
TR-34360 Istanbul
Tel: (+90) 212 291 09 16-18, Fax: (+90) 212 291 06 45-47
Website: www.amcham.org
Adnan Nas, Chairman
Ömer Kirdar, General Manager
American Chamber of Commerce in Kazakhstan
29/6 Satpayev Ave., Office Tower 10th floor
480091 Almaty
Tel: (+732) 58 79 38/39/40, Fax: (+732) 58 79 42
Website: www.amcham.kz
Martin Quirke, President & Executive Director
Lithuania
Ukraine
American Chamber of Commerce in Ukraine
42-44 Shovkovychna Vul., LL1 Floor
1601 Kiev
Tel: (+380) 44 490 58 00, Fax: (+380) 44 490 58 01
Website: www.amcham.ua
Andreas Rickmers, Chairman
Jorge Zukoski, President
American Chamber of Commerce in Lithuania
Lukiskiu 5-204
LT-01108 Vilnius
Tel: (+370) 5 261 11 81, Fax: (+370) 5 212 61 28
Website: www.acc.lt
John A. Rowell, President
Aldona Brogiené, Executive Director
Luxembourg
United Kingdom
British-American Business Inc. (BABi)
75 Brook Street
W1K 4AD London
Tel: (+44) 20 7467 7400, Fax: (+44) 20 7493 2394
Website: www.babinc.org
Graham A.D. Broyd, Chairman
Peter Hunt, Managing Director, London
American Chamber of Commerce in Luxembourg
6, rue Antoine de Saint-Exupéry, B.P. 542
L-1432 Luxembourg
Tel: (+352) 43 17 56, Fax: (+352) 26 09 47 04
Website: www.amcham.lu
Paul Michael Schonenberg, Chairman / CEO
Margot Parra, Marketing Director
Moldova
Other AmChams in Europe
ARMENIA
AMERICAN CHAMBER OF COMMERCE IN ARMENIA
1 Amiryan St
Yerevan
Tel: (+374) 599 187, Fax: (+374) 599 191
Website: www.amcham.am
Nanik Melkomian, Executive Director
Belarus
American Chamber of Commerce in Belarus
c/o Coca Cola Belarus, Promuzel Kolyadichi
223010 Minsk
Tel: (+375) 172 69 03 76, Fax: (+375) 172 10 11 57
Warren Grawemeyer, President
118
American Chamber of Commerce in Moldova
37, Maria Cibotari str.
2012 Chisinau
Tel: (+373) 2 23 81 22, Fax: (+373) 2 23 81 20
Website: www.amchammoldova.org
Natalia Titica, General Manager
Uzbekistan
American Chamber of Commerce in Uzbekistan
41 Buyuk Turon St.
700000 Tashkent
Tel: (+998) 71 120 6077, Fax: (+998) 71 120 7077
Website: www.uzbekistan-amcham.org
Tatiana Okunskaya, Executive Director
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Other Key Contacts
Embassy of the United States of America
2100 Copenhagen Ø
Tel: (+45) 33 41 71 00, Fax: (+45) 35 43 02 23
Website: http://www.usembassy.dk
James P. Cain, U.S. Ambassador to Denmark
Sandra Kaiser, DCM (Deputy Chief of Mission)
Robert S. Needham, Management Officer
US Foreign Commercial Service (FCS)
2100 Copenhagen Ø
Tel: (+45) 33 41 73 15
Fax (+45) 35 42 01 75
Websites: www.usatrade.dk
www.export.gov
www.buyusa.com
Bjarke Frederiksen, Senior Commercial Specialist
Kevin Knagg, Commercial Specialist
Anne Haugwitz, Commercial Assistant
Maria Norsk, Commercial Assistant
Counselor Section:
Rekha Arness, First Secretary and Consul
Public Relations:
Thomas Leary, Public Affairs Officer
Political/Economic Section:
Greg Burton, Economic Officer
Environment, Science & Technology:
Lori Petersen Dando, Counselor
Other Organizations:
Danish Chamber of Commerce
Børsen, DK-1217 Copenhagen K
Tel: (+45) 70 13 12 00, Fax: (+45) 70 13 12 01
Webssite: www.hts.dk
Confederation of Danish Industries
H.C. Andersens Boulevard 18
DK-1787 Copenhagen V
Tel: (+45) 33 77 33 77, Fax: (+45) 33 77 33 00
Website: www.di.dk
Danish American Business Forum
Vedbæk Strandvej 350, P.O. Box 42
2950 Vedbæk
Tel: (+45) 45 65 17 76, Fax: (+45) 45 65 17 77
Website: www.dabf.dk
Claus Resen Steenstrup, Chairman
Suzanne Kürstein, Executive Director
The American Club in Copenhagen
c/o CPI, Sortedam Dossering 21
2200 Copenhagen
Tel: (+45) 35 35 54 53, Fax: (+45) 35 35 04 66
R. Spencer Oliver, President
Bente Nielsen, Secretary – Treasurer
Danish American Foundation & Fulbright
Commission
Fiolstræde 24, 3 Floor
1171 Copenhagen K
Tel: (+45) 33 12 82 23 Fax: (+45) 33 32 53 23
Marie Mønsted, Executive Director
The Diplomat Restaurant – U.S. Embassy
2100 Copenhagen Ø
Tel: (+45) 33 41 72 51, ext. 251
Keld Johnson, Owner, Chef, & Sommelier
Regional Security Office:
Edward Collins, Regional Security Officer
Key Links:
Information Resource Center:
Dorthe Scherling Nielsen, Information Specialist
Tel: (+45) 33 41 72 11, Fax: (+45) 35 42 72 73
Website: www.usembassy.dk
Copenhagen Capacity: www.copcap.dk
Invest in Denmark: www.investindk.com
The Danish Tax Department: www.toldskat.dk
The Danish Ministry of Foreign Affairs: www.um.dk/english/
Danish Immigration Office (for non-EU citizens): www.udlst.dk
Wonderful Copenhagen: www.woco.dk
American Womens Club in Copenhagen: www.awcdenmark.org
119
10/01/06
10:16
Fin
anc
Side 120
ial
Rep
orti
ng
Intern
al Co
ntrol I
ssues
IFRS
Res
ta t i n
g Ac
Busi
ness
Sys
tem
Proce
Imp
coun
ts
ss Im
prov
eme
lem
ent
atio
nt
ns
Resources Global Professionals
is a leading innovator in professional
services that helps clients to
execute internal projects by teaming
our highly qualified and experienced
Associates with their internal staff.
Our Associates act as internal
consultants assisting clients in the
areas of Finance & Accounting,
Internal Audit, Programme & Project
Management, Shared Services,
Human Resources, Information
Technology and Supply Chain
Management.
Unlike traditional
accounting firms
and consultancies,
our highly skilled
Associates work
from the
“inside out”
supplementing and
Companies turn to us as we are a
highly cost effective alternative to
the major accounting firms and large
consulting organisations.
enhancing your
team, transferring
Sar ban es- Ox ley
Mer
gers
Pr
oje
ct
& A
cqu
isiti
ons
Ma
na
ge
me
nt
We enable our clients to access
specialised skills and build flexibility
into their resourcing models whilst
still retaining control of the project.
skills and
experience.
For more information, please contact:
+45 33 38 66 00
www.resourcesglobal.com
Safety & Environmental Excellence
Safety first!
Nothing is more important than the safety of
our employees. Continuous safety and environmental training is an important part of our
work life. This benefits our employees, their
colleagues and families – and the environment!
Getting better – and better
We continuously seek to develop safer, more
efficient and energy-conserving concepts,
processes and techniques. We believe there
is always room for improvement, and we
encourage our employees to challenge existing
systems and concepts. Amerada Hess was
120
the first oil company in Denmark to have its
offshore installation ISO 14001 environmental
certified (in 2002) and OHSAS 18001 health
and safety certified (in 2005).
Photos: Bent
Sørensen/
Medvind
Amerada Hess
Østergade 26 B
DK-1100
Copenhagen K
Phone
Part of a greater whole
The Danish company is part of the US energy
company Amerada Hess Corporation whose
11,000 employees explore and develop oil and
gas deposits world-wide. We have worked in
the North Sea since 1963, and with first oil at
South Arne in 1999 we have also established
a strong presence in Denmark.
+ 45 33 30 12 33
www. hess.com
13/01/06
12:00
Side 2
With Lexmark’s
complete range
of products and
services
the search is
over!
We make printing easy
Sometimes it’s hard to find
what you need.
Sometimes it’s not.
Visit www.lexmark.dk
13/01/06
12:00
Side 1
2006
Yearbook
Membership Directory
An Official Publication of the American Chamber of Commerce in Denmark
AmCham Denmark Yearbook & Membership Directory
2006

AmCham Yearbook - 2006

Transcription

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