in News Departments > FYI
print the content item

Vestas says it will transfer all of the employees currently working at its facilities in Randers and Copenhagen to the company's Aarhus, Denmark, headquarters. The company will keep its warehouse at Langelandsvej in Randers.

The move is part of the wind turbine manufacturer's plan to cut costs following the company's lackluster earnings results.

Vestas says the action is expected to reduce the company's fixed costs by about 400 million euros by the end of the year. The employees will be transferred as of July 1.






Helukabel_id1908
Latest Top Stories

Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.

Acciona_id1907
JLG_id1900
UEA_id1896
WomenofWind_id
AWEA_id1886
bonfiglioli_id1913