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Copenhagen region ranks 3rd in western Europe for attracting head offices
COPENHAGEN REGION RANKS 3RD IN WESTERN EUROPE FOR ATTRACTING HEAD OFFICES
A new survey shows that the Copenhagen region is 3rd in terms of attracting foreign head offices and among the top 10 in western Europe for attracting investments.
The Copenhagen region is among the top 10 regions in western Europe for attracting foreign investments and 3rd in terms of attracting foreign head offices, surpassed only by London and Paris. So reveals a new survey comparing the Copenhagen region with 346 other regions in western Europe, conducted by the Danish Enterprise and Construction Agency and the capital region of Denmark.
Steen Donner, managing director of investment agency Copenhagen Capacity said to ErhvervsAvisen: "We have focused for a long time on attracting Scandinavian head offices to Copenhagen, and if we look at Scandinavia collectively, Copenhagen is clearly the preferred metropolis – even though we are in tough competition with Stockholm."
There are 2,100 foreign companies located in the Copenhagen area, of which approx. 500 are Scandinavian head offices, representing a wide range of industries. Strong Danish business clusters in sectors including life sciences and IT help attract head offices and R&D divisions from abroad. One of these is the German biotech giant Sartorius Stedim Biotech, which is currently creating a Nordic head office in Tåstrup on the outskirts of Copenhagen. Sartorius produces process equipment for the pharmaceutical and biotech industry.
"We chose Copenhagen in preference to Stockholm because Copenhagen with its Medicon Valley is one of the strongest and most interesting biotech regions in Europe at the moment," commented Henrik Krogen, director of Sartorius Stedim Nordic A/S.
"Medicon Valley is the place in Europe where most new products are entering clinical testing, and it shows how innovative and strong in research the region is. To us, it means that we can product develop our equipment in direct collaboration with our customers, and that gives us an edge," Krogen said.
The US, UK and Germany are the largest foreign investors in Denmark.
Edited August 5, 2008
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