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Daily events from Denmark

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Daily Business News Overview

Thousands of homeowners with F-kort mortgage loans will see a decrease in their interest rates from approximately 2.8 percent to 2.2 percent starting July 1, but a simultaneous increase in interest rate surcharges will offset some of these savings. Børsen reports that these surcharges, in some instances, are being doubled.

After incurring losses, Torben Østergaard-Nielsen, along with his daughters from the USTC Group, have regained a positive financial standing in their holding company, Selfinvest. According to Finans, the family’s holding company saw a profit of 283 million before tax in the latest financial year, despite further expenses related to the Nordic Waste bankruptcy. The family had faced public scrutiny as the owners of Nordic Waste during the landslide scandal.

The Jysk bakery family and director Erik From are planning to sell Humlum A/S, a tartlet producer, to Cérélia Participation Holding SAS, a company owned by the French capital fund Ardian, as reported by Børsen. The Competition and Consumer Authority must approve the transaction. The Eskildsen family, also behind Dancake, has been part of the ownership since 2009 and took over the majority of shares in Humlum three years ago, significantly increasing profits last year.

Electric car batteries are showing minimal performance losses each year, based on a comprehensive analysis of 10,000 electric cars.

Danish restaurants are struggling with Wolt’s high fees and strict rules, feeling stuck between two bad options, yet few are willing to discontinue the delivery service.

Pernille Skipper, the chairman of Coop amba, is relocating to Washington but will continue in her role at the grocery giant in the short term.