Denmark has highest share of top performing companies in EU
According to the European Investment Bank’s (EIB) Investment Report 2017/2018 for Denmark, the country’s companies are outstanding also in another respect - nine out of ten have invested over the last financial year, making them the most investment-active businesses in the EU.
The report is based on the results of the annual EIB Investment Survey (EIBIS), which analyses 428 firms in Denmark and was presented at the “Investment and Investment Finance” conference in Copenhagen today. Following a slow recovery, the Danish – like the European – economy has picked up steam.
The recovery is now turning the spotlight on structural investment needs in support of innovation, skills and productivity.
Looking ahead, Danish companies cite the development of new products as their main investment priority.
One in eight businesses participating in the survey say they developed products new to the global market last year.
Nevertheless, there might be scope to move innovation up a gear, both at the frontier and through technology adoption: only 39% of Danish firms indicate that they consider their machinery and equipment to be state-of-the-art.
Total investment of the EIB Group – the European Investment Bank and the European Investment Fund – in Denmark over the past six years comes close to EUR 3.5 billion, with the majority focusing on innovation, research activity and digital infrastructure. ■