ARTICLE · 02 AUGUST 2023

FDI Update: First Danish Rejection And Amendments To Come

Bech-Bruun

Explore more from Bech-Bruun

For the first time, the Danish Minister of Business and Industry has relied on the rules set out in the Investment Screening Act to refuse foreign investment...

DenmarkGovernment, Public Sector

Caroline-Regitze Sosman

Thomas Gjøl-Trønning

For the first time, the Danish Minister of Business and Industry has relied on the rules set out in the Investment Screening Act to refuse foreign investment, as the Minister did not allow NKT's divestment of NKT Photonics to a Japanese enterprise. Further, the first parliamentary hearing of a bill proposing an extension of and important amendments to the Investment Screening Act was completed on 11 May 2023.

The Danish Investment Screening Act (investeringsscreeningsloven) took effect on 1 July 2021 and is intended to prevent foreign investment and special financial agreements from constituting a threat to national security or public order in Denmark. This is to be ensured through screening and possibly other measures guarding against such investments and agreements.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Greenland Proposes Rules On Screening Of Foreign Direct Investments

DenmarkGovernment, Public Sector

New Public Procurement Thresholds

DenmarkGovernment, Public Sector

Exclusion Of Chinese Medical Devices From Public Procurements

GlobalGovernment, Public Sector

Decentralized vs. Centralized Procurement In The Nordic Construction Industry

DenmarkGovernment, Public Sector

Alvarez & Marsal

Notification Of Foreign Subsidies In Connection With Public Procurement Procedures

DenmarkGovernment, Public Sector

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Government, Public Sector
- Inward/ Foreign Investment

See more popular content from

Government, Public Sector

Greenland Proposes Rules On Screening Of Foreign Direct Investments

The Government of Greenland has taken the first step towards adopting rules on screening of foreign direct investments.

DenmarkGovernment, Public Sector

Exclusion Of Chinese Medical Devices From Public Procurements

The European Commission has adopted its first-ever measure under the International Procurement Instrument prohibiting contracting authorities from procuring medical devices originating from China...

GlobalGovernment, Public Sector

New Public Procurement Thresholds

The European Commission has published updated thresholds for public procurements. The updated thresholds will apply to public procurements published after 1 January 2026.

DenmarkGovernment, Public Sector

Industrial Cooperation (Offsets) Requirements Under Danish Defence Equipment Tenders And Acquisitions

The Danish Defence Acquisition and Logistics Organisation ("DALO") may enforce industrial cooperation obligations when tendering defence equipment, ensuring that foreign suppliers involved in Danish.

DenmarkGovernment, Public Sector

National Security Review Of Foreign Investment In China

Denmark has promulgated a new foreign investment screening legislation which entered into force on 1 July 2021, and we have recently published an article on the Danish screening law on our website...

GlobalGovernment, Public Sector

Investment Screening Is A Hot Topic: Greenland Announces Its Own Investment Screening Act

While the Danish Investment Screening Act is about to be amended and evaluated, Greenland is planning to introduce national rules on screening of foreign investments. In other words...

DenmarkGovernment, Public Sector

Kromann Reumert

Extended Investment Screening And New Deadlines For Case Processing

The Danish Parliament has passed an amendment to the Investment Screening Act that extends the scope of the screening programme to include contracts relating to the North...

DenmarkGovernment, Public Sector

Kromann Reumert

Denmark Receives Exemption From EU Procurement Rules For E&P

On 28 July 2011, the European Commission, following a request from the Kingdom of Denmark, published its latest decision exempting the application of the European public procurement rules in relation to the exploration for oil and natural gas, and production of oil in Denmark (excluding Greenland and the Faroe Islands).

DenmarkGovernment, Public Sector

CMS Cameron McKenna Nabarro Olswang

Abolishment Of The Central Unit For Assessment Of Self-cleaning Measures Under The Danish Public Procurement Act

On 19 December 2024, the Danish Parliament has adopted an amendment to the Danish Public Procurement Act pursuant to which the central unit for assessment of self-cleaning measures will be abolished.

DenmarkGovernment, Public Sector

Exclusion Of Tenderer Due To Grave Professional Misconduct Was Justified

In a decision of 1 February 2024, the Danish Complaints Board for Public Procurement found that a contracting authority had proved that a tenderer was guilty of grave professional misconduct...

DenmarkGovernment, Public Sector