R&D companies in Denmark experience high growth rates, in particular in the beverages, energy, IT and pharmaceuticals industries.
Denmark invests billions in research and development each year, and enterprises engaged in research and development make up the best performing growth segment in the Danish business sector.
Last year, R&D companies in Denmark had an average gross profit growth of 198% according to a new study by Bisnode, Scandinavia's largest supplier of credit and business information.
“This impressive growth rate clearly shows that Denmark is one of the leading countries in the field of fundamental research, offering international companies, investors and researchers exciting business opportunities in Greater Copenhagen”, says Claus Lønborg, CEO, Copenhagen Capacity.
Special brew boosts the beverage industry
The beverage industry, launching new energy drinks and special brew, is the best performing growth industry in Denmark. The average gross profit for companies in the industry increased by 67% last year.
Electricity, natural gas and district heating is the second best performing growth industry in Denmark with a gross profit increase of 67%. This growth rate and the number of new companies in the industry reflect Denmark’s position as one of the world’s leading countries in wind power and other green energy sources.
8,000 IT companies
With an average gross profit growth of 37%, the IT industry is ranked the third best performing growth industry in Denmark. Last year, the industry grew by more than 300 businesses to around 8,000 companies in total.
The pharmaceutical industry, led by beacons such as Novo Nordisk, Lundbeck and Leo Pharma, is the fourth best performing growth industry in Denmark with a gross profit growth of 34%.
The five leading growth business segments in Denmark:
- Energy, including electricity, natural gas and district heating
Source: Daily newspaper Finans