1999 • NATO bombs Yugoslavia. • World citizen no. 6 billion is born. • Poland, Hungary and the Czech Republic are accepted as new members of NATO. • GDR’s final state leader, Egon Krenz, is sentenced to six months’ imprisonment on grounds of co-responsibility for shooting down refugees at the Berlin Wall. • The PFA (pension company) case takes place involving Rasmus Trads and Kurt Thorsen. • Århus floating dock and Svendborg shipyard close down. • Dairy merger: Kløver and MD. • Victor Borge is honorary president of the Rebild society. • Company acquisitions include Bauer Antriebstechnik GmbH, Esslingen, Germany; De Jaegher Sales Limited, Calgary, Canada; Hedinn Verslun hf., Reykjavik, Iceland; Part of Friga Systems, Johannesburg, South Africa. • The Elsmark Group is established. • System Automatik and Danfoss Videk are divested. • Elmontagen in Glostrup, Denmark, and a sales company in Uruguay are shut down. • Sales of the year: 1,978 million euros. Number of employees: 18,860. 2000 • The `Millennium Bug´ problem flops. • The English Queen Mother turns 100. • The Russian nuclear submarine `Kursk´ sinks. • The computer virus `I love you´ ravages. • Vladimir Putin replaces Boris Yeltsin. • Victor Borge dies. • Queen Ingrid turns 90 and Queen Margrethe II turns 60. • Queen Ingrid dies. • The Øresundsbroen opens (bridge between Denmark and Sweden). • Danes say ‘No’ to the Euro. • The Olsen Brothers win the Eurovision Song Contest with `Fly on the Wings of Love´. » • Danfoss Mobile Hydraulics merges with Sauer Inc. to become SauerDanfoss Inc. • The first turf is lifted in the construction of the Northern European distribution center in Rødekro, Denmark. • Company acquisitions include Woodley Electronics Group Ltd., England; IWK Regler + Kompensatoren GmbH, Germany; IPH Marine Automation A/S. Energy Controls International (ECI), Baltimore, USA. • Danfoss Marine Systems Ltd., Pusan, South Korea is established along with a new radiator thermostat factory in Sofia, Bulgaria. • Itho BV in the Netherlands is a divestiture. • Sales of the year: 1,985 million euros. Number of employees: 16,905.
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