Vestas Wind Systems A/S, the wind- turbine maker that’s lost money the past two years, rose to a 13-month high in Copenhagen trading after first-quarter results showed its turnaround program is on schedule.
Vestas Wind Systems A/S tomorrow plans to announce organizational changes that may cut thousands of jobs at the world’s biggest wind turbine maker while preserving the position of Chief Executive Officer Ditlev Engel.
The Alliance St. Louis docked at the Port of Beaumont in Texas this month and rolled out 179 armored trucks. Two weeks later, it was at a Delaware port loading 1,000 General Motors Co. cars and trucks bound for overseas.
Vestas Wind Systems A/S rose today the most among Copenhagen benchmark stocks after China’s plans to boost wind energy looked set to raise prices and creditors approved the world’s largest turbine maker’s lending facilities.
Vestas Wind Systems A/S is copying strategies used by mobile phone operators and Rolls-Royce Holding Plc, boosting its maintenance and spare parts business to a record to salvage flagging profit from manufacturing.
Vestas Wind Systems A/S, the world’s largest wind turbine maker, was the biggest loser on Copenhagen’s benchmark index today after Suzlon Energy Ltd. won an order some investors had expected the Danish firm to get.