Stadil family's fortune grows after shipping bankruptcies

The Stadil family's holding company, Thornico, has seen a significant surge in its value after several loss-making ships were shut down. The family is now among the 20 richest in Denmark.

Photo: PR / Thorco / Skovdal

The Stadil family's fortune has grown markedly following a range of bankruptcies among its loss-making shipping companies.

In recent years, several insolvent vessels that the family bought for its carrier Thorco around the time of the financial crisis have gone bankrupt.

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