The Canadian e-commerce software company Orckestra sets out for business expansion in Europe from new European headquarters in Copenhagen.
Orckestra Inc., a leading global provider of software and services for e-commerce with headquarters in Montreal, Canada, has channelled a multi-million investment into its business in Europe, which is a strategic priority area for expanding the company and its partner channel.
Orckestra chose to place its European headquarters in Copenhagen, which will become the hub for European business growth.
Reasons for choosing Copenhagen
In September 2015, Orckestra acquired the Copenhagen-based content management software company Composite with 10 employees. In addition, Orckestra is hiring 20 extra staff.
The decisive factors for placing the new headquarters in Copenhagen, rather than in cities such as London and Zurich, include:
- Access to skilled IT labour.
- Competitive salaries, owing to the world’s lowest social contribution costs.
- Competitive office rental prices.
- Very flexible labour market legislation.
