Vestas stops projects and cuts jobs in virus response
Vestas is stopping projects, axing jobs and cutting salaries of executive management by 10% in response to Covid-19. “We’re in a period of high uncertainty and by making a strategic decision on our product portfolio...Read more
DHL axes jobs following Vestas’ logistics deal with DSV Panalpina
DHL Freight has laid off employees in Denmark following Vestas’ exclusive deal with DSV Panalpina to execute and manage all of the manufacturer’s general freight and special project transportation. Danish media report that about 10 of...Read more
DSV Panalpina signs major project logistics deal with Vestas
DSV Panalpina has signed a major logistics agreement with Vestas to execute and manage its general freight and special project transportation. The partnership aims to simplify Vestas’ global transportation set-up and help the company to...Read more
Western turbine manufacturers increase grip on wind market
Consolidation among wind turbine manufacturers is set to intensify. Wood Mackenzie expects the top five global turbine OEM’s will control three-quarters of the market by 2028. Western manufacturers will become even more dominant, although Chinese...Read more