27/11/2023
The Board of Port of Aarhus wants to transform Port of Aarhus into a joint stock company
Over the past many years, Port of Aarhus has experienced significant growth and is today Denmark's largest and most important commercial port. In order to support continued development and create better business opportunities, the board intends to convert Port of Aarhus into a joint-stock company.
"Since 1845, Port of Aarhus has fostered progress and development both locally and nationally. Today, the port is Denmark's largest and most important commercial port, connecting Danish businesses with the rest of the world. Now is the time to write a new chapter in history – a chapter that in many ways reaches into the future. Therefore, I believe it is the right request the board has made to the municipal council – and I also hope that the proposal will receive broad political support," says CEO Thomas Haber Borch of Port of Aarhus, who believes that the conversion will also benefit the business community and society:
In the coming years, Port of Aarhus faces a series of changes and new opportunities. This includes port expansion, establishment of a dry port, and development of a new terminal at the existing port. Additionally, there is a comprehensive green transition underway in society, where we play a central role. Conversion to a joint-stock company could strengthen our position and contribute to ensuring progress and sustainable development both locally and nationally
— explains Thomas Haber Borch
The board of directors of Port of Aarhus has thoroughly worked on the decision basis for the request to convert Port of Aarhus into a joint-stock company over an extended period. Experiences from other joint-stock company ports in Denmark and Europe have been included in the process.
The Magistrate in Aarhus Municipality has today approved the recommendation, which is expected to be addressed by the municipal council before Christmas. If the municipal council approves the recommendation, Aarhus Havn is expected to become a joint-stock company as of July 1, 2024.