J DANISH AMERICAN CHAMBER 0 NEW YORK F COMMERCE 825 32 New York NY • nd Floor I 10022-7519 212-980-6240

NEWSLETTER

January-February 1988

~rup (2121 752-3448 NOMINATING COMMITTEE Sri:en Huge-Jensen <201 I 469·-64 76 In accordance with To:sten Schmidt ( 2121 223-4545 Committ h our 8 y-Laws, the Executive ~rte skett Tulet < 2121 223-4545 and ~e as appointed Seren Svenningsen to chair (fristian Juul Jessen <212 I 254-4168 se ect member ■ for this year's Nominatln CNommittee for the election of Board Members to th; ew York Chamber. GOOD-BY! TO CONSUL GENERAL V. VILLADSEN Selected for the Committee are: During the Christmas luncheon in December approx, Tage. Benjaminsen (212) 355-2424 200 members and their guests said good-bye to Niels Olsen <201> 799-0621 consul General and Mrs. Villada Vil ladsen. lnud Serensen <201) 756-9710 Per Vranum (2011 725-6399 Al usual the luncheon was booked to capacity, and the traditional Christmas atmosphere was sparkled The membership at large 11ay present their by Villada Villadsen 'a speech, which brought tears suggestions for Board candidates for consideration to the eyes of the members. Not that they were to any member of the Nominating Committee. overcome by Christmas emotion, but the Consul General held one of. his many humoristic speeches. Seren Svenningsen can be reached at (2011 272-4433

After his speech Chairman Flemming Sederlund EN presented DACC I s gift to Mr • Villadsen, a voice Mrs. Susanne activated tape recorder. DINING AND DANCING IS ON THE AGENDA Valeur-Jensen presented Mrs. Villadsen with a brooch. for the Chamber's March meeting. On Friday ':'Arch 18, 1988, the OACC will have its annual Dinner The Villadsens left New York in early February for Dance at Hotel Waldorf Astoria's Starlight Roof. hPenhagen, where Mr. Villadsen will meet ne: Please make a note in your calendar. \ J allenges in a position with the Ministry 0 Foreign Affairs, An• excellent. dinner is planned, as well as dancing to the enticing tunes of Walter Ericsons cs orchestra, Look for invitat i on and details in the mail, !!,gJf CONSUL GENERAL IN NEW YORI EN The Danish Ministry of Foreign Affairs has appointed Consul General Leif Oonde new Consul General in New York. AMERICAN TIVOLI page 5 Le if Donde will arrive in the beg i nn ing of c Marchnsul fro111 Hong 'Kong, where he has se-rved ~s c~reer General since 1984 Mr Donde started his and in 1965 as Commercial• Attach~• .c. in• tcuala LUlllpur,1979 he 1ater served in Singapore and Toronto.M.nistry1 of th lfas appointed Head of Division at e in DANISH TAXES page 7 Foreign Affairs. TOTAL 60 % " Hr, oonde during any DACC members will have met his frequent visits to New York. cs reserved. Writt.en All rights f the Newsletter. form- Copyright by the edi}~~sr~production in any permission required -2-

NEW MEMBERS PROM THE CULTURAL CORNER We welcome the following new members to the DACC: On March 4, 1988, the Danish/French co-pr •BABETTE'S FEAST• wi 11 premi~re at Linc Oductton INDIVIDUAL Cinema, at 62-63rd Streets. oln Plai. Set in the late 19th century this film Jergen Kjergaard Madsen based on a short story by the Danish auth"'hicb i1 Attorney-at-Law Blixen, has already won acclaim at seve:\ Kareo 240 Mercer Street festivals around the world and has been cha fihi New York, NY 10012 the Danish entry for best foreign film Osca~~en •• Carl C. Wilhjelm In their ongoing series of cultural event Scandinavian American World Tours, Inc. Danish Seamen's Church, 102 Willow Sts the 795 Franklin Avenue Brooklyn, NY, will host a concert by the VI~~~~• Franklin Lakes, NJ 07417 DUO on April 13, 1988. """D C201) 891-6641 The duo will perform music by Danish compos Carl Nielsen, Peder Gram, Finn Hoffding, Travel agency with Scandinavia as their specialty Viggo Bentzon and others. tu:~~• , E. Nielsen MARIANNE ENGBERG has done it again! Nielsen Communications Ltd. A series of beautiful photographs with her pinhole 128 Warncke Road camera. This is an old and very simple, although Wilton, CT 06897 not easy, way of photography. (203) 762-9976 This time the subject is Scotland. Earl!D exhibitions include Greenland, Jerusalem i. International Publishing Copenhagen. On view at the Bertha Urdang Gallery, 23 E. 74th Street, NY, April 5-30, 1988. Greta Ostbirk Aalborg Energy Consultants Inc. Mark your calendars now for the ROYAL DANISH 300 Knickerbocker Road BALLET' s guest performance at the Metropolitan Cresskill, NJ 07626 Opera House at Lincoln Center June 14-18, 1988, The program consists of two Bournonville ballets: Trading company specializing in solid fuels and Napoli and Abdallah. fuel-related technology The young, t.alented Danish ar!:-·ist, ANNE JEPSEN, . Claus J. Rasmussen exhibits her ·paintings at the Consulate General of Buckfield Lane Denmark, 825 Third Avenue, NY, February 4 through Greenwich, CT 06830 May 4, 1988. (203) 869-0848 Private viewing by appointment only: (2121 529-7130. KNIGHT OF THE ORDER OP THE DANNEBROG, 1ST DEGREE Anita Rasmussen

A leading u.s. importer of fish from Denmark and Greenland, Mr. Paul Bloch, Danland Seafood Corp., A NATIONAL MEETING OP ALL DANISH AMERICAN CHAMB~ ! was recently appointed Knight of the Order of the OP COMMERCE Dannebrog of the 1st Degree. ill will be held in San Francisco March 11-12, 198 1 I The decoration was presented to Mr. Bloch by with the purpose of achieving closer co-operation Consul General Villada Villadsen, New York, between all DACC chapters. cs The ways and means of accomplishing better exchange will be the focus of the meeti~i scheduled for Saturday, March 12, 1988, from 11 • MORE AQUAVIT am to approx. 3 pm. . d will After its recent opening the Scandinavian The Wes tern DACC wi 11 host the mee~ing, an dinner restaurant Aquavit is negotiating to rent more open the conference with a black tie gala f honor space at its location in the Rockefeller Town on Friday evening, March 11, 1988. Guests O eles, House, owned by Pr i vatbanken . The restaurant was will be the Dan ish Consul General in Los A~g neral celebrated by DACC at a reception on January 26. and Mrs. Henning Rr istiansen. The _consul e will host a reception Saturday evening. This new phenomenon in ethnic cuisine on nference, has caused some media attention. The New York All members are invited to attend th i s co re you Ti111es sent out a food critic to sample the food If you plan to be on the West Coast, make su and offered its readers an evaluation of the are in San Francisco March 11-12. siaerrebredueddel at Aquavit. To register your participation please calli Por your inform.at ion the address is: 13 West , Phon~: 307-7311. 240 East Coast DACC: sec re tar iat ( 212 > 980-6 6~~-9350 Pres. Pl. S•derlund < 20l I 855_3959 CJJ Midwest DACC: Jorn Andersen (SAS) (312> Western DACC: Roy Bork (818)442-9310 EN V

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!2!1.--CHRISTMAS LUNCHEON THB DANISH ECONOMY ( PROVI.IISBANXEN A/S) The Chamber's Annual Christmas luncheon at the university Club on December 11, 1987, was enjoyed ~st autuan•s general election created a very t>Y a fully packed banquet room of members and diffi~ult and unstable political situation. 'ftJe their guests. In addition to a fine program led by election polarized the Folketing (the Danish werner valeur-Jensen, an amusing speech by Consul Parliament) by strengthening the extreaes. The General Villada Villadsen, and an excellent lunch, ?overnment therefore now faces i.aense probleas in each member and guest received a much appreciated its ~ttempts. to secure a parliaaentary -jority •care package• as they left. The contents of the fo~ its policies. Since current opinion pol1s packages was made possible by generous donations point to a further increase in popular support for from the following: the parties on the extreae left and right, it is more than likely that the ainority center-right carlsberg Government vill have a hard time holding on to Citibank N.A. power. 0' Clairol oandy Foods Despite the unsettled situation in the Folketing, oenmark Cheese Association agreement has been reached on a n11111ber of issues. oanish Distillers Ltd. aempel Co. Among the concrete results are the so-called Lego Systems •export package• and the restructuring of Plumrose USA employers' payments and contributions and sickness Royal Copenhagen/Bing & Gr0ndahl benefit payments. The introduction of these Tholstrup. Cheese measures was prompted by the increasingly deteriorating balance of payments and the .lfl'-lger Anderson made facilities and personnel at prospects for a massive increase in unemployaent • ~'\..civatbanke~ available for storing and packing the The decline in competitiveness that followed in bags, supplied by the Danish Tourist Board. Among the wake of last year's relatively large pay the volunteers who gave their time and energy for increases and the dollar fall thus necessitated assembling the bags were Karsten Hess, Frances and political measures to restore competitiveness. Henry Greenebaum, Ed Lichtenhagen, Erik Norup, Lennard Rambusch, and Carsten Schmidt. Our The export package includes advance payment of Secretary Winnie Emmery was a fine coordinator. export value added tax and increased tax deductability for R & D costs. Henry Greenebaum The restructuring of employers' payments and contributions and sickness benefit payments SCANDINAVIAN TRADE OPPORTUNITIES involves the abolition of employers' contributions to five labor market schemes. Instead, a tax will On March 10, 1988, the Scandinavian-American be levied on the VAT basis of businesses. Since Business Council of New England and the World the VAT basis of the export industries is Trade Club of Boston will host a seminar and panel negligible, if not non-existent, the introduction discussion on trade opportunities in Scandinavia. of this new principle will give these industries a competitive advantage . The five Scandinavian Trade Commissioners will be present, and Denmark will be represented by The export package and the restructuring of Commercial Counsellor Carsten Schmidt, New York. emp~oyers' payments and contributions are expected to improve Danish competitiveness by 7-81, which roughly corresponds to the deterioration in ~ompetitiveness experienced after last year's pay increases and declining dollar. 1988 is SAS ORDERS BOEING 767 consequently expected to see a balance of payments deficit in the order of DKK 15 billion SAS is planning to expand their aircraft fleet to Une~ployment is forecast to be around 9.21 of th; strengthen their position on the intercontinental entire labor force. markets, The recent purchase of nine Boeing 767 at a total price of S.Kr. 4 billion reflects this However, the agreement on the export package and trend. the ~estructuring of employers' payments and contributions has also had an impact on the 1988 DST Finance Act, The Government, which is struggling to keep a tight lid on public expenditure thus had ~o ac~ept additional spending of approx.' DKK 6 INTER-SCANT ICON billion. in both 1988 and 1989 in return for opposit1?n. support for the above measures. Despite J0rgen Roed, Director, Scanticon-Princeton, New the add1t1onal expenditure, the 1988 budget is Jersey, has taken another step on the ladder of expected to balance. success in the international hotel and conference world. He was recently appointed Chief Executive The next step on the way will be to secure a for North America for Inter-continental Hotels majority for a defe~ce, package. However, should North America. the le~gthy and difficult negotiations ahead result 1n a d_eadlock, the Government might call Mr. Roed will head the 13 Inter-Continental luxury general election. a hotels in the U.S. and Canada. He will be responsible for a total of 8,000 employees, <;:ombined annual sales of $400 million, and investments totalling $1 billion. DST -s- ~DBR TO GBT YOUR $$$-BACK JAZZY TIVOLI IN NEW ORLEANS -Danish firms are experiencing a getting their American debtors t harder time A Danish cultural park Danish Consulate General in New Yor~ ·pay up, The Orleans, right between in the heart of New of jazz, and the storyville, the birthplace certain m,inor Danish companies, but t~}~!ntoi theilps reality. French Quarter, could become a too late. · For the first ti •we need the Danish companies to cont t Tivoli is consi::rfver /he Danish amusement park after the first default, Instead th:; usi weeks abroad over th ng O establish a franchise 9-18 months and give their debtors free :a t . fo; persuade the e years many cities have tried to says Jens Anthon Vestergaard. As the redi t' interest i management of Tivoli to take an counselor at the Consulate General he ha legalth been look'n exfactly their area. Whereas Tivoli has work load double. In 1985 his office hels ~een e for a nu ing or a location in the u.s. and Japan cases, but the following year it reach~~ i:tt :~ only N mb~r of years, the management found that ew r 1 eans had an ideal location and a help 97 cases, Last year the count declined to 85 Suitable 1 oca 1 culture. but the actual· amountd f l of money invol. ved rose.' Wher7 ear 1 ier e au ts among importers of The plan has the backing of local business people furniture counted. for the maJ'ori' ty o f cases ~he new mayor in New Orleans, and, perhaps mosf larger d I: f a~ 1 ts in other areas of export ' importantly, of the local citizens. characteristic of 1987, were The area would be 501 larger than Tivoli in "If we don't get notice six months after the first Copenhagen and is presently known as Louis default, we don't stand much o f a c hance, • says Armstrong Park, a name which would be maintained. counselor Vestergaard. F~r a ~oken amount designers and architects from (f)J Tivoli 1n Copenhagen are drawing up a plan for the 0 area, but the company will only provide management and design for the franchise. However, other DANISH BUTTER COOKIES Danish investors are said to be interested. Three majof Danish manufacturers of Danish butter CJJ cookies have decided to join forces in order to improve their position .on the world market. The companies involved in the new venture, called A/S ROTTEN BANKS Dancookie, are as follows: Danish Fancy Food Group, Danek Biscuit Compagni A/S, and Intergoods At a time when the larger Danish banks are An. - - · preparing for tougher times, the newspaper Financial Times of London made an effort to A/S · Dancookie are headquartered in Odense, explain to its readers the turbulence in Danish Denmark, but have also established a subsidiary in banking. the U.S., which is a very important market for Under the headline •something rotten• the article Danish butter cookies. Approx. 50 per cent of the described the numerous bank defaults in the last total annual exports of o.kr. 1.5 billion are months. Some of these banks were fairly small destined for the U.S. market. operations or new and too expans"ive. Bersen/DST However, the newspaper noted· that the demise of a well-established firm such as . Hellerup Bank signalled a wave of takeovers. As targets the (~ S FROM USA TO DENMARK newspaper identified such banks as Varde Bank and scandal-ridden Midtbank. Only in a merger with The export of cars from California to Denmark e.g. Jyske Bank would they stand a chance to started on a small scale during the fir ■ t five survive. months of 1987. The Danish freight forwarder, Dan Transport co., with U.S. head offfce in New CJJ Jersey, has now targeted this market, which was created ~ecause of the decreasing exchange rate of the u.s. dollar and a general price increase in RONALD REAGAN SLEEPS SOFTLY - AND SOUNDLY Denmark for new cars. Individuals started speculating in the purchase of used cars in Of the many cele.brities among Northern Feather's California, which are generally in good condition American customers one is known to the whole world due to the weather. The number of purchases slowly - the USA's Presi dent Ronald Reagan! He has been a increased, and while starting with 3-~ cars a Northern Feather customer for many years. month to dealers in Jutland OTC today ships 15-25 cars a month to dealers as well a~ private persons It is with some pri de that John Hansen, Managing all ove r Denmark. Director of Northern Feather in the USA , talks about his many famous customers in the U.S. He is Often OTC in L.A. will arrange for bank also proud to state that today the U.S. is the connections for the Danes coming over, as well as market with the greatest opportunities for a contact to car dealers in California who are expansion within the NF Group. interested in selling thei r used cars to Danes. The Scandinavi an way of sleeping is now really The cars bought range from small sports cars like becoming fashionable in the U.S. - not only i~ the M.G. to exclusive models like Jaguar and Porsche. upper social strata but throughout the m1ddle Furthermore OTC has shipped three DeLorean cars classes the well-off younger generation ha~e. begun to Denma r k,' a model of which only 8,000 are found to make themse lves felt as buyers, and t can really be seen from sales, says John Ha n~ thr oughout the world. cs -7-

KILLER TAXES Danish families n The Th" Mldwut taxes. Official st~wti p:r an average of 60 I i n Dani1h-Amf'ric.- ■n burden •only• reached• sis maintain that the tax Danish Chamber ur internal report from th •~ but according to an Commf'rtf' Int. family with children i e DM1.nistry of Taxation a Chamber 1 goodbye to 60 I of theirn in~~=:k now has to say Por the first ti.. i d so-called t ax uproar.n a ecade the aedia ■irror a MIDWBST DAHISB AMERICAN CHAMBER OP COMMERCB CJJ SPRING PROGRAM STRUCTURAL ADJUSTMENTS POR FARMING March 21 Dinner Meeting at M, M.Club Guest speaker: Sidney· Roth Denmark's agricultural sector, like that in other Scandinavian Business Consultant countries, ii faced by the need for change and Cooper, Lybrand one . of the more pessimistic recent at~dies predicts a new farming crisis about 1990, with il 21 Llllcheon Meeting prices for farming property falling about 40 per Jointly with Norwegian, Swedish, and . . • cent over the next decade. The study was published Pinnish Chambers. in the monthly periodical •Trend• in October Guest speaker1 Jan carl1on 1987. ' President and CEO of SAS A World Bank study has also shown that the prices paid producer• of agricultural products within the May Spring/Dinner Dance EEC are 54 per cent higher than world aarket Jointly with Dania Society prices, and the declared aim of the EBC co-ission is to bring BBC prices closer to the world -rket DANIS NEAR BUSINESS WITH THEIR TOYS level. The MDACC reports a big turnout for the dfoner This leads to a conclusion that the price for agricultural property is too high in relation to they hosted November 10, 1987, at which Vagn Bolek the increase in real interest levels and falling Andersen, President of LEGO, USA, was speaker and product prices. A higher level of real interest gueat of honor. indicates that farmers must sell 110re produce merely to meet mortgage interest coats. Reminding the audience that in the volatile, fad­ oriented toy industry, Lego, based on a single The assumptions upon which the two economist• product concept - a building brick - holds a operate include a reduction in BBC farm produce unique position, Mr. Bolek Andersen outlined some prices towards world market levels, a general rate 1trategies for his company's success on the world of inflation of about S per cent, and mortgage market. Be reported that world-wide annual sales interest at about current levels. ,.fi}. over $7,000,000. Furthermore, he stated that (~;i;jb, USA headquartered in Enfield, CT, However, the Danish Agricultur-al Council does not represents ~he largest market outside Europe and believe it is realistic or politically possible to has the largest growth potential. bring EEC prices fully in line with the world market, but it is convinced that the number of Underlying the success of the Lego toys, which farms will be reduced in the future. It will be an claim a universal appeal for children •of any essential structural development which cannot be age•, is a marketing strategy · that zeroes in on avoided. every importing country. It i1 Lego policy to employ nationals indigenous to each country. News from Denmark/CS All product development, packaging and pricing are determined at the corporate headquarters in Denmark. Mr. Holck Andersen completed his speech with a Slide presentation. --- -8-

DANISH FREIGHT FORWARDERS IN TBB U.S. TRADE FAIRS IN DENMARK itive fast and reliable Efficient, compe t ' D nish February 13-16, 1988, Exhi bition Cente solutions to transportation of a U.S. or t a beat 0 FORKLAND, TRADE FAIR FOR GIFTWARE , BAND~c!~~i~ , roduct are some of the ways APPLIED ART •._-y ~ ~~~o~~!~e:ifion. Several Danish freig:t.J?r;f:!ef~ 51 have made the decision to set up su ia. f February 19-28, 1988, Bella Center, C the o s All of these companies offer a varietr o CAMPING 88 0 P8nh..~ g ea servi~e; including: consolidated container service, door-to-door containers, . :u~toms February 18-21, 1988, Bella Center, c · s warehousing packing and individual FUTURE FASHIONS SCANDINAVIA 0 Penhage serviceshipment , in the U.S.,' invoicing,. • • b ookk _e~ping, · 0 credit control through U.S. branch. In addition to March 16-19, 1988, Dr. Margrethe Ballen: these services Balle, Boserup,_ Leman ~n? ~o some extent scan-Shipping offer of~i~e _facilities and BUILDING 88 may act as host to Danish subsidiaries. March 26-28, 1988, Bella Center, Copenba Below is a list of Danish freight forwarders in SCANDINAVIAN HARDWARE, GLASS AND CBINAWARB PA!iea: the U.S. April 1988, Dr. Margrethe Ballen: Balle i Boserup (USA) Ltd. SAFETY-AND SECURITY 2015 North· Bighway 31 Racine, WI 53405 April 12-14, 1988, Falkonercentret, Copenhagen, Phone: (414) 632-7763 HEATING, VENTILATING AND SANITARY EXHIBITION ' Telex: 5101009978 Fax: · · ( 414 l 632-5182 April 27-June 12, 1988, Blangstedg4rd, Oden, Henrik Dam Larsen, President BYG i BO 88 - BUILDING EXHIBITION Scan-Shipping Inc. May 3-7, 1988, Dr. Margrethe Ballen: Il6 John Street, Room 320 INTERNATIONAL MACHINE TOOL EXHIBITION New York, NY 10038 Pnone: (212) 732-3400 May 4-8, 1988, Bella Center, Copenhagen: Telex: ·235671 scan ur SCANDINAVIAN FURNITURE FAIR 1988 Pax: (212) ·227-1624 Ulrik Jespersen, Executive V.P. May 5-8, 1988, Exhibition Center Berning: TRANSPORT EXHIBITION '88 Leman USA Inc. 2920 Wolff Street May 17-19, 1988, Exhibition Center Ber ning: CUR! Racine, WI 53404 AND CARE Phone: <41-4 l 632,..2264 T·elex: 264450 May 31-June 4, 1988, Bella Center, Copenhagen: Pax: (414) 632-2529 ELEC"rRONIC 88 Steen Sanderhof, V.P. Leman USA Inc. 8'0 King Spring Road OPFICB POR RENT AT TBB CONSULATE GENERAL Windsor Locks, CT 06096 5 Phone: (203) 627-5993 The Danish Consulate General, New York, bl Telex: 7104743059 dec~ded to introduce a new service, wh i ch wil Fax: (203) 627-0022 available to DACC members and Danish exporters, Jan M0ller, General Manager of January l, 1988, an office and a conferenct room at the Consulate General may be reserved ~o~ Adam Transport Co. Inc. purposes connected with doing business wit Adam Container Line Inc, Denmark. 110 West Ocean Blvd. 1·s Long Beach, CA 90802 The conference room, approx. 450 sq. f~., Phone: (213) 432-5509 equipped with modern audio-visual equipme~ Telex: 5101012018 Purchase of Dani sh sm0rrebred may be arranged, Pax: (213) 436-7167 price per day is US $80,-. The of fice, lSO sq. Paul Hermansen, v.P. ft., costs $30 per day. Adam Transport co. Inc. For further informati on, please call the consulate Adam Container Line Inc General at (212> 223-4545. 545 Mission street • San Franci sco, CA 94105 cs Phone: (415) 243 - 9811 Telex: 9103728406 Fax : (415) 543- 2137 EAC SAILS WITH OMI Mikael Hoffmann, Branch Manager otlltr EAC has formed a new joint venture with an f1t1 Dan Transport Corp shipping g i ant, OMI ( formerly Ogden Marine I• r,t~ 1201 Corbin street' new company by the name of Rubicon wi ll ~.,i~ Eli zabeth, NJ 07201 Phone: 201) 353 - 0800 three product tankers. The two par ent ~ ~c Te l ex: own or oper ate a total of 32 such t ankers , FO r,st 219051 the Rub i con venture means a step i nt o -ti!• ~ax: <20l) 35 3-8717 e rgen Hel l e r , President Coast market. CJJ -9-

special listings ·

B R I It S B N TRANSLATIONS The Scandinavian· Languag_e Specialists Commercial - Promotional - Legal - Technical Prompt - Accurate - Confidential Tels (718) 802-9010 . Fax: (718) 522-3498 68 Bergen Street, Brooklyn, NY 11201

POSITION AVAILABLB Norup/Clark Inc., a Manufacturer'• Representative located on Manhattan, seeks · apart-time person to handle general office functions. Skills include:· good telephone personality, light typing, some telephone sales. For further information, please contact Erik Norup at (212) 752-3448.

POSITION WANTED Dane, age 26, Green Card, Resident alien, SBA in International Business Administration, ieeks new challenges in marketing in New York Metropolitan ·area. Please contact Erik Sommer, 25 Two Bridges Road, Towaco, NJ 07082. Phones (201) 316-0240.

DANISH HARVARD STUDENT SEEKS SUMMER JOB Twenty year old, energetic and presentable Danish Harvard student seeks three month summer job. Fluent in English and Danish with working knowledge of all Scandinavian ~anguages and French. Interested in areas of Business, Law, and International Relations. Please contact Mark Leschly, 106 Winfield Road, Princeton, NJ 08540. Phone: (609) 921-0590. ---11111

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CONSULATE GENERAL OF DENMARK NEW YORK February 1988

Denmark's Import from the United States

Change from Jan-Jun Jan-Jun previous year 1985 1986 1986 1987 1986-1987 - mio. D.kr.- - per cent - Vegetables and fruits •••••••• 159 171 57 59 4 Fodder ••••••••••••••••••••••• 171 401 339 246 -27 Tobacco •••••••••••••••••••••• 455 395 200 170 -15 Hides, skins ••••••••••••••••• 117 75 64 66 3 011 Seeds, etc. ••····•••···•• 235 112 59 29 -51 Coal ...... • 1116 749 381 173 -55 Crude oil and mineral oil products •••••••••••••••• 199 207 103 52 -50 Raw chemicals and combinations 165 169 101 87 -14 Pharmaceuticals •••••••••••••• 125 117 62 47 -24 Plastics etc. (not processed). 139 140 73 64 -4 Chemical materials and products •••••••••••••••• 128 130 77 71 -8 Wood products (except furniture) ••••••••••·••• 90 160 116 112 -3 Paper and paperboard ••••••••• 60 77 33 29 -12 Textiles (except clothing) ••• 78 97 53 49 -8 Machinery (non-electrical) ••• 992 · 1408 516 431 -16 Electrical machinery and equipment •••••••••••••••• 2541 2193 1006 1151 15 rransport equipment • ••••••••• 1579 1109 634 672 6 rechnical, scientific and optical instruments ••••• 404 553 289 237 -18 Jther goods •••••••••••••••••• 2613 1481 1098 1065 --=1 rOTAL 11366 9744 5261 4810 --9 L985: 1 US Dollar is equal to D.kr. 10.35 (average) L986: 1 US Dollar is equal to D.kr. 8.06 (average) l987: 1 US Dollar is equal to D.kr. 6.88 (average: jan-jun 1987) Source: Danmarks Statistik: Udenrigshandel. y

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coNSULATE GENERAL OF DENMARK NEW YORK February 1988

Denmark's Export to the United States

Change from Jan-Jun Jan-Jun previous year 1985 1986 1986 1987 1986/87 r - mio. D.kr- - per cent - Wam, bacon, salami and other •••• meat products ••••••••••••••• 3771 2878 1331 1136 -15 Cheese and other dairy pro~ucts •• 535 229 116 116 0 Fish etc. for consumptionx •••••• 775 708 372 480 29 Butter Cookies ••••••••••••••••••• 609 518 171 114 -33 Beverages ••••••••••••••••••••••• 36 44 20 18 -10 Mink pelts and other skins •••••• 564 425 _ 2~6 _ 418 77 Animal and vegetable raw materials •••••••••••••••••• 216 197 104 93 -9 Raw chemicals and combinations ••• 653 570 325 275 -15 Medicals and pharmaceuticals •••• 564 534 272 278 2 Wood products (except furniture). 94 105 61 63 3 Textiles (except clothing) •••••• 126 108 50 40 -20 Stoneware, glass, china, etc •••• 206 140 66 58 -12 Machinery (except electrical) ••• 2927 2041 1054 649 -38 e1ectr1cal machinery and ev equipment ••••••••••••••••••• 1150 1268 566 590 4 Transport equipment ••••••••••••• 954 327 296 41 -86 Furniture ••••••••••••••••••••••• 2175 1615 883 608 -31 Technical, scientific,photograph­ ic and optical instruments •• 609 678 320 317 -1 Products in other categories •••• -2184 2157 1090 ill -27 TOTAL 18148 14542 -7333 -6089 --17

X) does not include Faroe Islands and Greenland

1985: 1 US Dollar is equal to D.kr. 10.35 (average) 1986: 1 US Dollar is equal to D.kr. 8.06 (average) 1987: 1 US Dollar is equal to D.kr. 6.88 (average: jan-jun 1987) Source: Danmarks Statistik: Udenrigshandel.