About Us Introduction EU Business News is excited to announce that the Scandinavian Business Awards are returning for a fifth consecutive year in 2024! This programme has gone from strength to strength since its inception in 2019, evolving into one of the most popular award campaigns in our growing portfolio. Thanks to their world-leading welfare system, open business market, and highly educated and skilled workforce, Scandinavia is now considered to be one of the best places globally to do business. While Denmark, Norway, and Sweden do share many similarities in business and culture, they also form a very diverse region with impressive economic strength and many top performing industry sectors. Sweden is a major exporter of forest products, and it’s capital Stockholm is home to a thriving startup environment. Denmark is a leading producer of telecommunications technology, while Norway enjoys rich natural resources and ongoing investments into its infrastructure and transport sectors. The whole of Scandinavia also has a keen interest in improving their standing in the global Healthcare industry. Denmark, Norway, and Sweden have some of the best health systems in the world, which is driving advancements in MedTech, Life Sciences, and Digital Health markets. Scandinavian countries have a combined total of twenty million consumers whose spending power is much higher on average than across the rest of Europe. In addition to this disposable income, Scandinavian consumers are also renowned for their rapid adoption of new products and technologies in comparison to other demographics. This has been a key factor in influencing Scandinavia’s reputation as a central hub for innovation and digital transformation. In a recent study of 137 new products, the time-to-take-off period was fifty percent shorter in Scandinavian countries, with Denmark being reported as the fastest adopter overall. This shows how lucrative expanding into the Danish, Norwegian, and Swedish markets can be for businesses. Here at EU Business News, we want to highlight this appetite for entrepreneurship that has been sweeping Denmark, Norway, and Sweden, and recognise the industry gamechangers who are driving innovation and growth across the Scandinavian markets. www.eubusinessnews.com
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