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Harald Nyborg owner losing millions on spring water and furniture

TheCopenhagenPost
June 7th, 2016


This article is more than 8 years old.

Bottling company and furniture concern remain financial albatrosses for Kurt Daell

Some of Kurt Daell’s businesses are still thriving (photo: Daniel Ahlqvist )

Kurt Daell, the 75-year-old billionaire owner of Harald Nyborg and Jem & Fix, is not doing so well with some of his other investments – particularly the spring water company Danish Bottling Company, which remains an economic nightmare for the wealthy businessman.

The spring water company has lost 130 million kroner since Daell and his son Erling became major shareholders in 2007. Last year’s debt was 13 million kroner, forcing father and son to give the business a cash infusion.

Things are no better at Daells Bolighus, which lost a record 23.6 million kroner last year, forcing the owners to pump 40 million kroner into the ailing furniture concern.

Not beat yet
Overall, Kurt Daell and his son have lost over a quarter of a billion kroner on their spring water and furniture businesses over the past eight years.

Harald Nyborg Group managing director Arne Gerlyng-Hansen said that despite the losses, the company has not lost interest in Danish Bottling Company or Daells Bolighus.

“We are not at the end of the road yet,” he told Jyllands-Posten. “There are still things to do.”


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”