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USTC takes on further ownership over CM BiomassNovember 29, 2024Danish shipping conglomerate United Shipping and Trading Company (USTC) continues to increase its shares in biomass market leader CM Biomass.Read more
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USTC Establishes the Fjord Foundation for the Restoration of Danish FjordsOctober 04, 2024With an initial contribution of 50 million Danish kroner, the fund aims to support nature and restoration projects in Danish fjords.Read more
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USTC experiences a year of significant lossesJune 25, 2024The financial year 2023/24 has proven to be an "Annus Horribilis" for USTC, owned by the Østergaard family. The landslide at Nordic Waste and other isolated losses have resulted in a significant decline in earnings.Read more
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USTC donerer 50 millioner til borgerne i Ølst gennem lokal støtteforeningJune 06, 2024I januar 2024 annoncerede USTC-koncernen intentionen om at etablere en klimafond. Et særskilt formål for fonden var at donere 50 millioner kroner til borgerne i Ølst. Det bliver nu en realitet.Read more
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Usædvanlig tragisk situation resulterer i konkurs for Nordic WasteJanuary 19, 2024For første gang i koncernens knap 150 år lange historie er et selskab i USTC-koncernen nødsaget til at indlevere en konkursbegæring til skifteretten. Det sker på baggrund af en usædvanlig tragisk situation, som USTC om nogen er kede af og ville have ønsket anderledes.Read more
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Unit IT, part of the USTC Group, acquires the outsourcing division of GlobalConnectDecember 21, 2023As part of USTC’s ambitious growth strategy, Unit IT acquires the outsourcing division of one of Denmark's leading providers of fibre-optic broadband and IT sourcing, GlobalConnect, which currently services solutions for more than 30,000 B2B customers in the Nordics.Read more
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Global conglomerate USTC publishes second sustainability reportNovember 14, 2023United Shipping & Trading Company (USTC) publishes their second sustainability report with a focus on setting conglomerate-wide standards.Read more
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USTC launches five-year strategy, focus on growthNovember 02, 2023New five-year strategy is set to guide the Danish, family-owned conglomerate United Shipping and Trading Company (USTC) on growth trajectory.Read more
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USTC underscores growth strategy with the hire of M&A expertAugust 30, 2023Following multiple years of growth and several major acquisitions, the Danish, family-owned conglomerate United Shipping & Trading Company (USTC) takes its next step in a strategic consolidation of its internal competencies with the hire of Søren Nørgaard as new Head of M&A.Read more
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Experienced IT profile with global track record as new CEO of Unit ITAugust 21, 2023Through a career that spans three decades, Jess Julin Ibsen has demonstrated impressive results in a number of leading positions at Danish and international companies. As of September 1st, he will take over as new CEO of the IT company Unit IT – a company in the USTC Group owned by the Østergaard family.Read more
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USTC and Selfinvest more than double their best consolidated annual resultJune 21, 2023Despite geopolitical unrest, inflation, and volatile energy prices, family owned Selfinvest and its operating company USTC emerged with their best financial year to date. Strong results across all USTC companies have contributed to a record EBT of just above DKK 2.9 billion.Read more
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Global Risk Management strengthens Board of DirectorsOctober 28, 2022Two strong external profiles will step into the Global Risk Management (GRM) Board of Directors ...Read more
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Global Risk Management gains independence as directly owned by USTC holding companyAugust 23, 2022Global Risk Management is now established on equal terms as Bunker Holding and USTC’s other companies directly under the USTC ownership.Read more
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USTC Strengthens Board of DirectorsAugust 15, 2022CGO and co-owner of USTC, Mia Østergaard Rechnitzer, is at the forefront of bolstering and diversifying the boards; board now adds Jeppe Christiansen to its members.Read more
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Selfinvest and USTC Group deliver all-time record resultsJune 21, 2022Selfinvest, the Østergaard family office, and its operating company USTC announce their highest consolidated financial result to date...Read more
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USTC presents first Sustainability Report focusing on key ESG topicsSeptember 20, 2022USTC presents its first unified Sustainability Report, showing baselines and ambitions across the Group.Read more
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Unit IT lander tilfredsstillende årsresultat og fortsætter investeringsstrategiJune 17, 2022Unit IT kommer styrket ud af et år, der har været kendetegnet af opkøb i Østdanmark og tilvækst med mere end 75 nye medarbejdere...Read more
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USTC changes leadershipMay 25, 2022Nina Østergaard Borris, co-owner and current COO of United Shipping and Trading Company (USTC), takes on new responsibilities...Read more
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CM Biomass doubles production capacity in the US with strategic acquisitionFebruary 15, 2022CM Biomass doubles production capacity in the USA with new acquisition of the Mohegan Renewable Energy company...Read more
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SDK FREJA A/S launches strategic acquisition of Swedish IRT Logistics AB in 2022December 03, 2021The acquisition of IRT Logistics brings new colleagues and a strengthened business area for groupage transport between...Read more
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Strategic acquisition Expands Unit IT into Eastern DenmarkNovember 03, 2021Unit IT's acquisition of solvo it marks the physical entry into Eastern Denmark for the rapidly growing IT company. The addition of...Read more
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CM Biomass styrker forretningen med konkurrent-opkøbOctober 15, 2021CM Biomass, en af verdens største grossister af træpiller, har været på indkøb og føjer nu den danske træpilledivision fra...Read more
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USTC completes ownership circle with appointment of Head of Corporate GovernanceMay 31, 2021Mia Østergaard Nielsen will return to the parent group when she takes over as Head of Corporate Governance at United Shipping and Trading Company (USTC)...Read more
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Uni-Tankers strengthens its presence in core marketsOctober 01, 2021The tanker shipping company Uni-Tankers steers full steam ahead towards claiming their market-leading position in shipping...Read more
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FREJA Transport & Logistics A/S strengthens its position in Norway with the acquisition of Thoresen Transport ASSeptember 27, 2021As of October 1st, 2021, the Danish logistics operator FREJA Transport & Logistics A/S acquires 80% of the Norwegian company...Read more
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Selfinvest: Growth strategy yields third highest result everJune 17, 2021In recent years, Selfinvest has pursued a comprehensive growth strategy that will give the entire group more legs to lean on...Read more
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USTC acquires majority stake in CM Biomass to accelerate growth and green ambitionsMarch 25, 2021USTC announced today that it has acquired a majority stake in CM Biomass, the world’s largest independent wood pellet trading company...Read more
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USTC acquires tech platform BunkerExMarch 29, 2020USTC announced today that the Group has acquired BunkerEx with the objective to step up and streamline digitalisation activities...Read more
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USTC strengthens organisation with HR and CommunicationsJanuary 06, 2021Nina Østergaard Borris took on the role of COO for USTC in early 2020. Now she is taking the first steps in creating groupwide synergies...Read more
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Major merger in the transport and logistics industryNovember 03, 2020Today FREJA Transport & Logistics Holding A/S and SDK A/S, owned by USTC, announced a merger that will consolidate...Read more
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Selfinvest’s financial statements 2019/20: Record profit of just over DKK 1 billion and equity of DKK 4.6 billion.July 01, 2020Middelfart-based Selfinvest, which includes global group A/S United Shipping & Trading Company (USTC), can present a record...Read more
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Succession in place in USTCJune 10, 2020The future of Torben Østergaard-Nielsen’s global shipping group United Shipping & Trading Company (USTC)...Read more