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 >Grundfos is the world’s largest pump manufacturer
 >Infarm A/S received prestigious Environmental Award
 >Grundfos’ negative net balance has been reduced considerably
 >New member of Grundfos Group Board of Directors and of the Board of Directors of the Poul Due Jensen Foundation
 >Grundfos: we want a larger slice of the cake
 >Award for Grundfos for cleaner diesel smoke
 >Grundfos gets closer to important Egyptian market
 >One million ALPHA2 pumps
 >Grundfos Student Award 2009 for business and technology project, respectively
 >New member of Group Board
 >Grundfos Award for medical research
 >Grundfos focus on the climate challenge
 >Grundfos made a profit in the first half year
 >New Grundfos sales companies in the Balkans
 >Grundfos Supplier Award 2008 to London-based company
 >Grundfos launches sophisticated controls for network sewage stations
 >A durable submersible for pumping stations
 >Grundfos acquires Yeomans Chicago Corporation
 >Grundfos making massive investments in Serbia
 >Grundfos at the 2008 Summer Games in Beijing
 >Grundfos Supplier Award 2007 to ESK Ceramics GmbH & Co. KG
 >Grundfos Group Chairman receives American design award
 >Grundfos in record acquisition
 >Danish company receives prestigious European Environmental Award for the first time
 >Energy optimisation in top gear
 >Grundfos exceeds sales budget and increases ambitions for the future
 >Record Grundfos investment in Mexico
 >Satisfying half-yearly result for Grundfos
 >The Grundfos Prize for female professor
 >45 nations meet in cyberspace
 >Grundfos appoints CFO
 >Grundfos gives DKK 1m to research
 >Grundfos opens competence centre in Hungary
 >Grundfos sets new agenda in Second Life
 >Grundfos rewarded by industrial robot association
 >Continued strong sales and earnings growth at Grundfos
 >New Managing Director in Grundfos A/S
 >Beijings busses with Danish environmental technology
 >Grundfos strengthens the position in Central Asia
 >Grundfos appoints new member of Group Management
 >Grundfos builds wastewater pump factory in China
 >Grundfos rewarded for high quality
 >Grundfos achieves record turnover and profit five years in succession
 >Appointment of new Group President of Grundfos
 >Grundfos Challenge winners
 >Grundfos Challenge 2007
 >Grundfos Supply Award 2006 to Bohen DK
 >Grundfos strengthens its position in the UK
 >Change of Group President in Grundfos
 >Grundfos integrates the Alldos dosing business
 >Grundfos’ first Sustainability Report
 >Grundfos sponsor of EXPO 2008
 >Grundfos wins the prestigious EFQM Award
 >New Grundfos Challenge next year
 >Press Release 24 August 2006
Interim results - Strong sales and earnings growth at Grundfos
 >Grundfos acquires Swedish pump pit manufacturer
 >The Grundfos Prize 2006 to nano professor
 >Together we are strong –
Grundfos in Germany will unite the sales forces of three strong companies and approach customers with one voice
 >Strong sales growth and new record earnings for Grundfos in 2005
 >Grundfos establishes new company in Romania – continued rapid growth in Eastern Europe
 >Grundfos agrees to buy American pump manufacturer
 >Grundfos buys South African pump manufacturer
 >Grundfos invests heavily in Turkey
 >Interim results - Continued growth at Grundfos
 >Grundfos Supplier Award for French supplier
 >Grundfos opens factory in Russian growth market
 >Grundfos opens factory in India
 >Grundfos makes annual profit of 10.2 per cent of turnover
 >Stine Bosse joins Grundfos Group Board of Directors and Foundation Board
 >Grundfos and the European pump trade launch energy labelling scheme
 >Assistance for flood victims
 >Grundfos purchases leading dosing pump manufacturer
 >Grundfos takes over Italian submersible motor producer Tesla s.r.l
 >Grundfos wins The Danish Design Award with new wastewater pump
 >Grundfos record sales continue to grow
 >Grundfos reduces the number of work accidents by 35% in 3 years.
 >The Grundfos Prize 2004 goes to internationally renowned Danish scientist
 >Grundfos Group opens sales office in the Ukraine
 >Grundfos and Agroinvest invest in environmental technology for the agricultural sector
 >In other words … Grundfos introduces English Language Handbook
 >Grundfos awarded international design award for sustainable water supply
 >Grundfos strengthens its position with billion earnings
 >Grundfos acquires German pump manufacturer
 >Grundfos awarded 'Diversity Management' prize two successive years
 >Grundfos SQFlex gets the Danish Design Award
 >Grundfos main sponsor of TEAM DANMARK
 >Grundfos Wins the European Quality Prize for "Leadership and Constancy of Purpose"
 >Grundfos Supplier Award 2002 for Finnish supplier of raw materials
 >Grundfos notes positive first half of 2003 with strong growth in earnings
 >Grundfos only Danish finalist in the European Quality Award 2003 competition
 >Grundfos factory receives a certificate for good management
 >Grundfos wins Internet conflicts
 >Grundfos staff show record interest in the environment
 >The Grundfos Prize promotes new thinking
 >250 Grundfos production workers face redundancies
 >Grundfos introduces industrial production of microchips in Denmark
 >Niels Due Jensen honoured in Poland
 >Grundfos acquires Brazilian pump manufacturing company
 >Key figures 2002 - Foresight paid off for Grundfos
 >Grundfos in Denmark - a top ten company to work for in Europe
 >Welcome to our new Group President
 >Grundfos certified for working environment
 >Grundfos acquires new product range
 >Grundfos awarded for the best environmental report
 >Changes in Group Management
 >Environmentally Friendly Grundfos Pump Awarded
 >Grundfos Student Prize 2002 awarded to French science student
 >New vice president - digital dosing
 >Production of stators for submersible motors will be transferred to factory in Hungary
 >Grundfos introduces Danish language policy
 >Grundfos introduces policy on Corporate Social Responsibility
 >3,600 Grundfos-employees in Denmark get new CEO
 >Niels Due Jensen retires from his position as CEO and Group President
1 January 2003
 >Grundfos' environmental efforts pay off
 >Grundfos contributes to cleaning diesel gas
 >Grundfos Prize for young Danish scientist
 >Grundfos supplier award 2001
 >Grundfos enters the market for mixers and flowmakers
 >The Annual Result for the Grundfos Group 2001
 >Cost savings in the Grundfos Group
 >Grundfos takes over South Korean pump manufacturer
 >Grundfos takes over Indian software company
 >Grundfos nominated for Danish Design Award 2001
 >Grundfos reduces workforce to ensure future growth
 >Grundfos invests heavily in employee education
 >New Grundfos prize to stimulate research
 >Grundfos establishing micro-sensor production
 >Grundfos opening sheltered workshop in Hungary
 >Grundfos udvider koncerndirektionen
 >Grundfos proves social responsibility
 >Grundfos extending board of directors in Grundfos A/S
 >Grundfos A/S receives the Danish Logistics Award 2001
 >Grundfos Olympics 2001
 >Year 2000 one of the best years ever in the history of the Grundfos Group
 >Precious water in focus at international water conference
 >Grundfos inaugurated factory in Hungary
 >Grundfos received certificate of working environment
 >Eco-activities pay
 >Grundfos A/S Integrated Accounts 1999
 >Sarlin Pumps purchased by Grundfos
 >Danish Design Award for the Grundfos Comfort Circulator Pump
 >Grundfos extending production outside Denmark
 >Innovative 3D in the service of water
 >Positive Grundfos accounts in 1999
 >Educational prize for Grundfos
 >Sarlin Pumps to be purchased by Grundfos
 >Grundfos achieves European Environmental Award for Green Products
 >Grundfos spends millions on further education of employees within the Grundfos Group
 >Grundfos extending board of directors
 >Grundfos hosting international water conference
  The Grundfos Prize promotes new thinking





From left: Niels Due Jensen, Svend Erik Hougaard Jensen, Anders Sørensen, Jan Rose Skaksen, Ulrich Kaiser og Nikolaj Malchow-Møller.


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Denmark has only little benefit of the resources spent on education, research and development, and so new initiatives are required if Denmark is to maintain its position as one of the wealthiest countries in the world. This is what five researchers in social science concluded in an analysis that brought them the Grundfos Prize 2003 on Monday, 19 May 2003.

The five prize winners are:

>Svend Erik Hougaard Jensen, Director of Research at the Centre for Economic and Business Research in Copenhagen, and Professor at the University of Southern Denmark
>Ulrich Kaiser, Senior Lecturer at the University of Southern Denmark in Odense
>Nikolaj Malchow-Møller, Research Fellow at the Centre For Economic and Business Research
>Jan Rose Skaksen, Professor at Copenhagen Business School
>Anders Sørensen, Assistant Professor at Johns Hopkins University in Washington DC

Their thorough analysis combines the most recent Danish and international research in the field described above with Danish experience, offering new, valuable information on how important the research and educational level is for the development of Danish economy.

The winners of the Grundfos Prize propose a number of ways in which Denmark could ensure an initial advantage for itself in the field of education and research and in this way increase the qualifications of the workforce. This is necessary if the Danish welfare is to be maintained in a future with fewer active members of the workforce as a consequence of a changing distribution by age groups and increasing globalisation combined with high taxation.

Among other things, the team of researchers recommend a higher degree of specialisation in the primary and lower-secondary school as well as in the education of teachers. They point out the necessity of, for instance, increasing or differentiating the access to student loans to attract more young people to the studies that offer the highest returns to society – first and foremost the technical and scientific studies.
In the context of research, the team advise emphasis on the further development of connections between public and private research through, for instance, increased public support to joint research syndicates, such as the COM Centre at the Technical University of Denmark as well as the Alexandra Institute at Aarhus University.

The Grundfos Prize 2003 includes a sculpture, a diploma and a cash amount of DKK 500,000, of which each of the prize winners receives DKK 50,000 as a personal gift, whereas the remaining DKK 250,000 are to be used for further research. At the presentation of the prize, taking place at the Danish Design Centre in Copenhagen on 19 May, Niels Due Jensen, Grundfos Group Chairman, pointed out that for a number of years research has not been offered great attention in Denmark.

“Knowledge is what Denmark has to build its future growth and welfare on – and without research we shall not gain more knowledge! I sincerely hope that the entry for the Grundfos Prize will add innovation and inspiration to the political debate on the conditions of research in Denmark – as well as the necessary decisions on this important area,” said Mr. Due Jensen.

Public expenses for research and development in Denmark make up only 0.75% of GDP whereas private expenses for research and development make up some 1.65% of GDP. Grundfos uses some 4% of turnover – about DKK 450m – for research and the development of new products and technology.

The jury of the Grundfos Prize consists of the following members:
  • Sven Caspersen, Vice-chancellor of Aalborg University
  • Nina Smith, Professor at Aarhus School of Business
  • Preben Terndrup Pedersen, Professor at the Technical University of Denmark
  • Niels Due Jensen, Grundfos Group Chairman
  • Lars Kolind, member of the board of Grundfos
  • Jens Jørgen Madsen, Grundfos Group President
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