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by tpmx 957 days ago
The Danish government owns 50.1% of Ørsted. (See: https://orsted.com/en/investors/shares - "Danish State (majority stakeholder)) It's effectively a state company. So, when you think Ørsted, instead think Denmark.

Again, for the very slow crowd: here is the ownership graph again: https://orsted.com/en/investors/shares

4 comments

This is a dumb take.

Ørsted is not a state company. I used to work there. It is a utility. That means lots of ties to the state but the state does not influence decisions.

Ørsted screwed up risk management.

Norway is probably the wealthiest country on earth. Nothing to do with Soviets.

It is majority state-owned. Everything else the person you're talking to is saying is inflammatory and loaded, though.
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You even went back and edited your comments to say something different than you originally did and removed your insults.

Incredibly bad faith.

Trolling random people on the internet doesn't usually actually make oneself feel better: find a new hobby.

> Ørsted is not a state company.

Except it is and you are wrong.

It’s possible for there to be a distinction between state-owned and state-run (see the BBC). Perhaps you could discuss why you think it is state-run rather than just state-owned instead of resorting to insults.
I responded to an insult. And I was being factual. Please reflect on your own behavior.

And no, no there is no BBC-like distinction here. Ørsted is company run by the Danish government, period. The link above should be proof enough to any thinking person.

> Except it is and you are wrong.

It has been excepted.

Is that a bad thing?
They used to be DONG right? Or am I misremembering
the very slow crowd is forever grateful for enlightening us...
For what exactly?