The Danish government will no longer help companies start up in Russia. Instead, companies that want out of Russia or that are affected by sanctions are offered help.
At a press conference, it was stated by the Minister of Foreign Affairs and the Minister of Industry, Business and Financial Affairs that the government will make itself available to companies that need help to understand or adapt if they are affected by Russian sanctions.
Denmark, together with the rest of the EU and other western countries, has imposed a number of economic sanctions against Russia. Russia has responded that sanctions will come the other way.
If it causes Danish companies to leave the Russian market, the Ministry of Foreign Affairs and the Ministry of Industry, Business and Financial Affairs will help.
Therefore, The Trade Council's advisory services are now being adapted in regards to Russia.
Advice is now being offered with a focus on ending cooperation with Russia and phasing out existing business activities.
Since the beginning of February, the Ministry of Foreign Affairs and the Ministry of Industry, Business and Financial Affairs have had a very close and useful dialogue with the business organizations and a number of Danish companies that have activities in Russia.
For the government, it is absolutely crucial that the individual company can receive guidance to act in the new situation.
From both ministers, there was great praise for Danish companies for how they have already reacted to the situation in Ukraine. Many Danish companies have contributed large donations to Ukraine.