Scrap Company’s Rapid Growth Masks Troubling Safety Record

Scrap Company’s Rapid Growth Masks Troubling Safety Record

It was what everyone in the room had been waiting for.

The tension was released, and now everyone could clap in tact in tribute to the company which can call itself Denmark’s fastest growing.

And not just any.

For the main character who allowed himself to be honoured, many North Jutland people know quite well.

Kim Thygesen is the chief executive of a company which, on the surface, is an unconditional success. With overflowing order books and earnings that have almost exploded.

Therefore, the scrap company MARS in Frederikshavn was named the country’s fastest growing company on Wednesday evening. A growth over four years of 17,649 per cent. A numerical success beyond the ordinary.

Because when Børsen makes its gazelle ranking every year, it’s the numbers that count. Nothing else. That weakness screamed to the heavens when Kim Thygesen received the recognition of the hall and the business world.

Because while the millions have rolled in to MARS and its rich American owner, Nordjyske has uncovered in a larger series of articles how employees risked their lives when they stepped behind the large lattice gate to dismantle huge ships and offshore structures.

Through first-hand accounts from a large number of former and current employees as well as numerous access to documents and photographic material, we documented serious breaches of security. A string of work accidents, a ban on calling 112 when someone is injured and the purchase of equipment in Harald Nyborg.

According to one of the country’s leading experts, the working environment at MARS was reminiscent of something you normally only see in developing countries. Just at the harbor in Frederikshavn.

Meanwhile, Kim Thygesen refused to answer specific questions about the case, and he didn’t have to either, when he nabbed the gazelles above all gazelles on Wednesday evening.

Absurdity was in full bloom in KB Hallen.

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Before anyone accuses the business editor of having pain in a certain part of the body or letting himself be ruled by social justice, I hasten to say that it is worth paying tribute to companies that do well.

The ability to earn money is the prerequisite for being able to create value and jobs and support the welfare society we all depend on.

But why on earth should we celebrate value that is created at the expense of employees’ well-being? By a company that calls itself a world leader in, among other things, security, but whose crooked moral compass caused it to blow loudly and handsomely on just that.

Haven’t we long since said goodbye to the one-track world that used top and bottom line as the overriding parameter of success? Which acknowledged value creation above all else.

At least the new generations, who will shape the business life of the future, have, and I doubt that they will be dazzled by the scrap company’s glossy image and the applause that was sent in Kim Thygesen’s direction on Wednesday evening.

With a critical and credible business media as facilitator.

I guess that’s what you call embarrassing in North Jutland.

Gazelles in brief

  • A gazelle is a company that has managed to at least double its turnover or gross profit over four financial years.
  • It is also a requirement that there has been positive growth in each of the four financial years.
  • Børsen carried out the first gazelle survey in 1995 and has done so every year since.

2024-11-27 19:55:00
#notice #company #Børsen #praised

What steps can consumers take ⁢to promote ethical business practices among companies like MARS?

‌ ## Interview with an Expert​ on Business Ethics⁣ and⁣ Environmental Practices

**Interviewer:** Tonight​ we have with us Dr.‌ Maria Olsen, a​ leading voice in‍ the ⁤field of‌ business ethics and‌ sustainable practices. Dr. Olsen, the recent news regarding MARS, a scrap company ‍named Denmark’s fastest-growing, has sparked a heated discussion. Can you shed some ‌light⁤ on the ⁤ethical ‌complexities this case presents?

**Dr. Olsen:** Certainly. This case ‌highlights the tension ‍between ‍economic success ‌and ethical responsibility. While MARS has achieved ​phenomenal growth, as reported [1], serious allegations of unsafe working conditions and disregard for worker safety, documented by Nordjyske [1], raise serious ethical concerns.

**Interviewer:** You mentioned the tension between economic success ⁣and ethical responsibility. Can you​ elaborate on ‍that?

**Dr. Olsen:** Absolutely. Businesses‌ often‍ operate under pressure to ​maximize profits and growth. ⁤However,​ this should never come ⁣at the expense of worker safety and wellbeing. Sustainable success must encompass both economic prosperity and⁣ ethical ⁣conduct.

**Interviewer:** What are your thoughts on‍ the Business gazelles ranking, considering the allegations‌ against MARS?

**Dr. Olsen:** While recognizing ⁤business⁢ success ‌is important,​ awards like the Business​ gazelles‌ ranking‌ should consider more ​than just financial performance. Incorporating ethical⁣ performance metrics and worker safety⁢ records into these evaluations would encourage businesses to prioritize ethical practices alongside economic growth. ​It sends a powerful message about what we value as a society.

**Interviewer:** What ‌advice would you give to consumers navigating this complex landscape?

**Dr. ⁢Olsen:** As consumers, we have the power to influence corporate⁤ behavior. By supporting companies with transparent and ethical practices, we can encourage others to follow suit. Do your research, ask questions, and choose ‌brands aligned with your values.

**Interviewer:** Thank you ‍for⁤ your insights Dr. Olsen. It’s clear​ that the MARS case ‍prompts us to think critically about⁣ the definition​ of success‍ in the business ⁣world.

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