Word: denmark
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...complete telephone exchange are likely to think first of Sweden's L. M. Ericsson Telephone Co. Last week Ericsson engineers were installing new telephone networks from Egypt to Iceland, and in Stockholm, company officials jubilantly announced a $20 million sale of automatic switching equipment to neighboring Denmark...
...Denmark for a five-day visit, Richard Nixon squired Pat through Copenhagen's dazzling Tivoli Gardens, careened around in a "dodgem" car there, and toured Hamlet's Kronborg Castle in Elsinore. Then he headed up to Rebild National Park in Jutland to keynote the annual Independence Day Festival there. Speaking before an audience of 40,000 in Rebild's natural amphitheater, the former Vice President drew cheers with an appeal for strength and unity in the face of Communism. Scarcely had he finished speak ing than tragedy struck one of the men who shared the platform with...
...richest man in Denmark-and reputedly one of the richest in the world-is shy, strapping A. P. (for Arnold Peter) Mø11er, who, at 85, still likes to sail himself to work in his sloop Karama III. In his storybook rise from merchant's apprentice, Mø11er (pronounced roughly Mew-lehr) has always believed in one precept besides making money: do something for Denmark. Mostly, what he has done for Denmark is to invest in it. With the profits earned abroad by his 85-ship Maersk Line and his 25,000-acre Tanganyika sugar plantation...
Last week Mø11er was once again doing something for Denmark. Concerned lest the nation's natural resources fall into foreign hands, Mø11er has persuaded the Danish government to give him the oil and natural gas rights for the entire country, except Greenland and the Faroe Islands. In return, Mø11er will set up a $6,000,000 exploration company, and has promised the government royalties ranging up to 12% of the value of any oil he finds...
...deal must be approved by Parliament before it becomes final, but no snags are expected, for in Denmark Mø11er is a national hero. Besides, although Gulf Oil has spent $15 million looking, no trace of oil has ever been found in Denmark...