Investment secures the future of Hirtshals Yard
Hirtshals Yard has received a substantial injection of investment to secure its future

Investment secures the future of Hirtshals Yard

At the beginning of this year a group of fishing companies put a hefty investment into the Hirtshals Yard, primarily as a way of ensuring the yard’s future in the port and safeguarding jobs at both the yard itself and among dozens of local sub-contractors.
It turned out to be a smart move, as business at the Hirtshals Yard and its floating dock have been increasing steadily, keeping the yard and its 100-strong workforce busy. Now the same investors, fishing companies Asbjørn A/S, Ruth A/S, Beinur A/S and Isafold A/S, operating through their joint investment company Hornsnes Invest, have ploughed a further DKK10 million into Hirtshals Yard to strengthen its position and secure its future.

Hirtshals Yard’s director Rasmus Brohus

The added investment will enable the yard to optimise its dock to bring it up to full capacity, and ensure that it is able to meet every requirement.
‘We’re fortunate to have a strong backer and imaginative owners behind Hirtshals Yard. Hornsnes Invest have again demonstrated that they want to support the yard and secure many direct and indirect jobs,’ said Hirtshals Yard’s director Rasmus Brohus.
‘The fact that we can now strengthen the dock so that it reaches top international standards is absolutely crucial to us. It raises our capacity so that we can attract even more customers.’
‘It’s important to have full activity at the yard,’ said Karsten Mølgaard, one of the owners of Isafold A/S who also sits on the Hisrtshals Yard Group’s board.
‘It’s also important that the dock operates according to the most stringent requirements. It’s also important that the yard is secure and we believe that we have created the conditions for it to be as strong as possible for employees, customers and other companies that advise the vessel owners.’