Latest Scandinavian China & Hong Kong News

Novo Nordisk will cut 400 jobs in Denmark and China

Danish Novo Nordisk has announced that they due to restructuring will fire 400 employees in Denmark and China. The Danish pharmaceutical company Novo Nordisk has on 18 September announced plans to restructure its Research & Development (R&D) organisation. That means approximately 400 employees from the company’s Danish and Chinese R&D departments will lose their jobs. “In…

Finnish minister visits China

Minister for Environment, Energy and Housing of the Republic of Finland, Kimmo Tiilikainen, visited Nanjing, East China, on 14 -15 September. During his visit, Finnish minister Kimmo Tiilikainen attended a tour of the Station for Observing Regional Processes of the Earth System (SORPES) at Nanjing University. SORPES is developed in collaboration between Nanjing University and…

Chinese car company buys part of Danish Saxo Bank

The Chinese car company Geely bought a stake in Saxo Bank to strengthen the company’s ability to provide on-demand cars. China’s Zhejiang Geely Holding Group acquired a 52% stake in Saxo Bank from its founders and institutional investors on 14 September, according to Asia Nikkei Review. The purchase price was undisclosed, but the transaction values…

Chinese embassy comments on treatment of Chinese tourists in Sweden

The Chinese embassy in Sweden has released a statement about three Chinese tourists being refused permission to wait in the lobby of a Swedish hostel. “The Chinese Embassy in Sweden is deeply appalled and angered by what happened and strongly condemns the behavior of the Swedish police,” writes the embassy in a statement on 15…

Danish Consulate General in China celebrates 20 years since re-opening

The Danish Consulate General in Guangzhou, China, has celebrated that it is 20 years birthday since it re-opened. In the mid-19th century the Opium war took place in China, and in connection with the war the Danish Consulate General in Guangzhou, a city in Southern China, was closed. In 1998 it finally re-opened. The 20…

Finnish company to provide air system to big Chinese factory

Finnish company Sarlin will deliver a new air management system to one of China’s biggest steal factories. Sarlin has closed a deal with Shougang Jingtang’ state-of-the-art steel factory to provide the factory with a compressed air management system. “We’ve previously supplied several systems for the Chinese industry. The Shougang air compression system is the biggest…

China launches icebreaking vessel partly designed by Finnish company

China has launched its first home-made icebreaking vessel that is partly designed by a Finnish engineering company. China is ready to break the Arctic ice with a new icebreaking vessel called Xuelong 2, or Snow Dragon II, launched on 10 September, according to South China Morning Post. The vessel is designed together with Finnish engineering…

European companies invited to Macau Trade and Investment Fair 2018

The European Chamber of Commerce in Hong Kong is organizing the European Pavilion at the 23rd Macau Trade and Investment Fair (MIF) 2018, to be held from 18 – 20 October. Main highlights of the MIF include exhibitions, forums and conferences, business matching opportunities, and SMEs co-operation. Past editions of the Fair brought together over…