Sunday, November 3, 2024
HomeNewsDanish EconomyDifficult times at Ørsted and Maersk

Difficult times at Ørsted and Maersk

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First, the renewable energy company Ørsted lost 20.2 billion DKK in 2023 and therefore was forced to fire 600-800 employees this year, of which 150 are in Denmark. Then, the value of Mærsk shares has dropped 12%, even though they reported a profit of 27 billion DKK for 2023. Why? The price for shipping containers fell so much that the company ended Q4 with a 3 billion DKK deficit and 2024 looks difficult. 

Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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