Finance minister Nicolai Wammen (S) will create a central crisis fund in the first place 10 billion.
It should help, if the Danish ‘societal’ companies no longer have other options to raise capital after coronakrisen.
he says in an interview with Børsen and in a press release from the ministry of Finance.
– We must do everything to avoid that sound and societal companies come in acute stormy weather, because the foundation under the world market, for example, beats cracks.
– Therefore, the government proposes an innovative model hardly previously seen in the history of denmark, says in a press release.
the State must shoot own funds into the business enterprises to get shares in the enterprises supported.
It must be ejerdele without influence.
According to the ministry of Finance, the fund shall support the companies, which was financially healthy before the crisis, and which have an economic future after also.
in Addition, companies need to be ‘societal’. This means that they must play a central role in Denmark with a significant Danish presence.
They need to be ‘high-productive and difficult to replace’, it sounds in the press release.
Businesses must not send money to the shareholders, while the state is inside as co-owner.
– I does not up to, that we should make 117 different requirements on how they should run their business.
– But when you get money from the state, it is only very reasonable, so, for example, will not be able to pay dividends or purchase its own shares on the up, says Nicolai Wammen to the Exchange.
That is not what businesses to be in, but according to the minister of finance meet about 200 companies the government’s requirements.
Publicly owned companies and financial companies for example banks are not covered.
Even in part, publicly owned companies like Copenhagen Airports and SAS can get help through the fund. Should it happen, it will be in a different way, says the minister.
Both the Left and the Danish Industry says to the stock Exchange, they are open to the idea.