BUSINESS PROFILE

With its highly diversified business profile, Copenhagen is a centre of growth and development for the entire country. Diversity is important to keep the city attractive to businesses and to the workforce that lives here. The major economic sectors are biotechnology, medico/health related industries and IT & communication. The IT & communication sector in particular is showing strong growth in Copenhagen, not only in the sheer number of companies but also in terms of annual turnover.

Copenhagen also has a lot of transport and logistics business due to its central location in the Baltic Region and the excellence of its infrastructure. With the opening of the Øresund Bridge to Sweden in 2000 the hinterland of Copenhagen has increased to form a labour pool of 1.8 million people, making it the largest labour pool in the Nordic countries.

The city is committed to supporting entrepreneurial activities in growth sectors such as ICT, creative industries, biotechnology and medico through a range of business parks with incubator facilities.

The city's business strategy focuses on the following key points:

• Conditions for local start-ups, in particular creative industries within games, film, design, advertising etc.
• Expats and international companies wishing to start up in Denmark
• Creating advantageous living conditions - to maintain Copenhagen's position as an attractive place to live, also for highly educated and creative people.

Close collaboration between the public and private business sectors and educational institutions is important in the municipality.

Facts and figures

Inhabitants (13 March 2011): 539,542
Workplaces (+10 employees): 5,451
Area: 91.3 km²
Mayor: Frank Jensen