Vestas Wind Systems A/S
8900 Randers, Denmark (Map) Phone: +45-97-30-00-00
Fax: +45-97-30-00-01
Primary US Office:
Subscribers Only http://www.vestas.com
Overview
Vestas believes that the answer to energy needs is "blowin' in the wind." Vestas Wind Systems and its subsidiaries annually manufacture and distribute well over 3,000 on-land and offshore wind turbines used to produce electricity; it offers installation, repair, and maintenance services, as well. Vestas has R&D centers in Denmark, India, Singapore, the UK, and the US. The company's first manufacturing site in the US will begin production in Colorado in 2010. Vestas is teamed up with Boeing on joint research projects. The company, which began manufacturing wind turbines in 1979, operates through a number of business units. The company gets more than half of its sales in Europe.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Vestas Wind Systems A/S
| Company Type | Public (OMX Copenhagen: VWS) |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £5,874.5 |
| 1-Year Sales Growth | 18.9% |
| 2008 Net Income (mil.) | £497.4 |
| 1-Year Net Income Growth | 68.2% |
| 2008 Employees | 20,829 |
| 1-Year Employee Growth | 36.1% |
Key People from Hoover's UK
Key people and executives for Vestas Wind Systems A/S
| Chairman | Bent E. Carlsen (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| President and CEO | Ditlev Engel Connect to this executive |
| EVP and CFO; Acting President, Vestas Americas | Henrik Nørremark Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Vestas Wind Systems A/S
There are 8 competitors for Vestas Wind Systems; see more.
