The 20th of January we had the official opening of our European Accounting Center in Krakow. Flemming Pedersen, CFO, and Jesper Vestergaard, Vice President Global Finance, and the entire department participated in the opening. Everyone was pleased to see the office completed. It appears that the office brings a bit of Scandinavian design to Krakow (see pictures below).
During January, the employees in European Accounting Center participated in their first annual closing in close cooperation with local finance functions. The year-end closing was finalised according to plans and no qualifications or critical remarks from the Group auditors.
Denmark, Sweden, Netherlands and UK (Wave I and II) and Wave III (Austria, Germany and Switzerland) is also progressing according to plan and we expect
to move from the ramp up phase to operations in Krakow after the January month end closure.
In the first weeks of February, we will continue with the last wave of the project and start the transition in France, Spain and Italy.