The Stock Exchange Rises from the Ashes

Soon, the work of rebuilding the fire-ravaged historic building Børsen in Copenhagen will begin. Half of the building is destroyed, but as much material as possible will be reused. King Frederik will lay the first stone.

» Updated: August 26 2024

» Published: August 25 2024

The Stock Exchange Rises from the Ashes
Photo: Johan Nilsson/TT

Soon four months have passed since the giant fire shook Copenhagen. The Stock Exchange, which was undergoing renovation before the fire, is one of the city's oldest houses and dates back to King Christian IV's time, in 1625.

The cause of the fire is still unknown.

Despite the dramatic course of the fire, many valuable objects were saved and much building material has also been able to be restored.

We expect to be able to reuse 40 percent of all bricks and all sandstone figures that were on the outside of the building, says Brian Mikkelsen to the news agency Ritzau.

He is the CEO of the trade organization Dansk Erhverv, which owns the Stock Exchange, and was himself involved in rescuing valuable art from the building, including Skagen artist Peder Severin Krøyer's "From Copenhagen's Stock Exchange".

We are rebuilding with respect for King Christian IV's vision for the building by reusing as much original material as possible and by preserving the facade's original style, continues Mikkelsen.

The plan is also to hide time capsules from 2024 inside the building.

More than half of the Stock Exchange burned down, and the iconic dragon spire on the roof is among what went up in smoke. There were also extensive smoke and water damages.

The first stone in the part that is to be rebuilt will be laid by Denmark's King Frederik on September 26.

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By TT - Translated and adapted by Sweden Herald under license from TT

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