hummel CEO steps down to pursue lifelong career dream
After seven remarkable years, Allan Vad Nielsen has made a personal decision to step down from his position as hummel Group CEO to pursue a lifelong ambition of spearheading his own business...
It is with great excitement that we today post our 2021 annual results for the entire THORNICO Group. Despite the continuing impact of the global COVID-19 pandemic and challenging market conditions across industries, THORNICO comes out with historical earnings and revenue records for 2021.
Christian Nicholas Stadil, CEO and owner, THORNICO:
“2021 has in many ways been an extreme year with COVID-19 influencing various markets especially in Q1, as well as with substantial rising commodity and energy prices in Q3 and Q4. However, our conglomerate structure, with risk diversification across various industries, markets and product groups, has once again shown its relevance." (...)
Thor Stadil, Chairman of the Board, THORNICO:
“The biggest revenue driver in 2021 has been our shipping company THORCO PROJECTS, which with its new asset-light business model has been incredibly skilled at taking advantage of the unique market situation in the world. The challenges that other companies in the THORNICO Group experiences regarding cargo, THORCO PROJECTS manages to make a profit from." (...)
After seven remarkable years, Allan Vad Nielsen has made a personal decision to step down from his position as hummel Group CEO to pursue a lifelong ambition of spearheading his own business...
The new jersey for the Danish men’s national team at this summer’s Euros in Germany is designed to symbolize and pays homage to the culture of Danish football associations. Read more here.
We are very excited to announce that one of our venture investments, Trendsales, Denmark's largest second-hand marketplace for fashion and lifestyle products, has been acquired by Vinted. Read more here.