Kraks vejviser 1928 Handelsregister

13 The principal organizations for Danish trade are as follows: In Copenhagen — The Merchants Guild (Grosserer Societetet) established 1742, Address, Børsen, Copenhagen [KJ. •Chairman: Ernst Meyer R.*, DM., and for the provinces: The Provincial Chamber of Coinmerce (Provins-Handelskammeret), Address: Kronprinsessegade 14 Copenhagen [K], Chairman: Chr. CIoos, K.* DM. For banking and monetary matters, shipping and otlier Communications see the beginning df the Part B of this Export Directory (page 195 and page 199).

Trade Information Department o f the Ministry for Foreign Affairs, Christiansborg, Copenhagen, Denmark.

The Danish commercial information service is centralized in the Trade Department of the Ministry for Foreign Affairs. The object of this Bureau is to provide systematized in­ formation respecting the possibilities for sale and purchase abroad, not merely in the form of a general description of conditions at foreign places, but also by ineans of direct investiga- tions of such possibilities in the foreign markets. Further the purpose of the Bureau is to enlighten foreign countries with respect to Danish trade and endeavour thereby to create interest in and a demand for Danish products. Outwardly the Ministry with the Bureau as medium operates through the Danish diplomatic and consular representatives all over the world. The composition of these institu­ tions and their method of procedure is determined on economic and commercial lines aiming directly at promoting trade interests. The Bureau assists and advises traders on all such matters as fail within the scope of foreign service. No charge is made for assistance rendered. Danish Legations and Consulates abroad, se Page 1587. Ru les applying for the co-operation o f the Danish State in the granting o f Export Credits. State aid is granted: By guaranteeing the Bill-of-exchange of the exporter. (A) Ordinarily the guarantee will not cover more than 75% of the B/E drawn by the exporter, but when the period of credit does not exceed twelve months the guarantee may cover up to 85 % of same. When security is given, or the sale takes place to co-operative concerns, there will be no recourse on the part of the State, but otherwise the State reserves to itself recourse for at least 20 u/0 of possible loss sustained. In the case of sale to a foreign State, or the guarantee of a State bank or similar institution is given, the period of credit may be extended up to four vears. i (B) On Danish industrial products being dispatched ion consignment to a foreign country, the State vill be prepared, after preceding satisfactory examination by the Danish Ministry of Commerce, to participate in possible loss involved Dy such dispatch to the extent of up to one half. \ (C) In the case of dispatch of stocks on consignment, sample stocks etc. the exporter will be able to obtain a loan of up to one half of the value of \such stock, and this applies also with respect to the purchase of raw materials for the manufacturing of products which it is certain can be sold abroad. “ \ Finally on contracting for large deliveries, such as ships, Iocomotives, fertilizers etc., State aid can be obtained to the extent of 75% of the amount of such contracts. The repay- ment of such loans shall take place within five years, and, in the case of ships, within a period of six years, Applications to be made on the special forms obtainable from the Ministry of Com­ merce. Slotsholmsgade 10, Copenhagen, where also further particulars and directions can ce had.