Posted: 25.09.2024 15:00:00

Media: Denmark allowed 20+ companies not to comply with anti-Russian sanctions

Over 20 Danish companies have received permission from the Danish authorities to ignore a number of prohibitions from the EU’s 14th package of anti-Russian sanctions, RIA Novosti reports

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“[In Denmark], 21 enterprises have received permission from the Danish Business Authority to ensure that sanctions are not applied to them. No one was refused,” the TV and Radio Company DR reported, referring to the information of the country's authorities that came to its disposal.

According to DR, the Danish companies that the country’s authorities allowed not to comply with the ban on maintaining communication and providing assistance to their subsidiaries in Russia include the Ecco brand, the Lego toy manufacturer, the pharmaceutical company Leo Pharma, the biotechnology company Novonesis, and the manufacturer of the Ozempic diabetes drug Novo Nordisk.

Eleven companies in Sweden and six in Finland received the same permission from the authorities of the relevant EU countries. DR informs that German companies have this permission by default until 2026.

Professor at Denmark’s Roskilde University Jacob Dahl Rendtorff, whose opinion is quoted by DR, stressed that the ability of politicians to ‘continue to strike at the Russian economy’ is limited. Associate Professor in International Relations at Aarhus University Rasmus Brun Pedersen drew attention to the fact that the meaning of the EU sanctions packages is to ‘hit the Russians more painfully than themselves’. However, now these sanctions are hitting Danish enterprises or the West more painfully than Russia.