Pharmaceutical firms prepare for potential Russian gas halt
Russia’s invasion of Ukraine has caused many uncertainties on the energy market, where gas prices in particular have exploded. Danish life science companies like Novo Nordisk, Leo Pharma and ALK are working on backup plans, should Russian gas be off the table, and are well prepared, say respective representatives.
Nord Stream 1 landfall facilities in Lubmin, northeastern Germany | Photo: Hannibal Hanschke/Reuters/Ritzau Scanpix
by andreas lønstrup, translated by daniel pedersen
Russia’s ongoing invasion of Ukraine continues to ripple throughout the energy market, creating intense price spikes and general uncertainties.
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EU must introduce requirements for local production in the wind industry, says Jupiter Bach’s CEO. Otherwise, Europe will lose production and the knowledge needed to regain its footing.