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Vestas Wind Systems 

“Market Cap $9.42 B As of May 2014

At a Glance

  • Industry: Electrical Equipment
  • Founded: 1898
  • Country: Denmark
  • CEO: Anders Runeva
  • Website: www.vestas.com
  • Employees: 15,497
  • Sales: $8.08 B
  • Headquarters: Aarhus

Forbes Lists

#1574 Global 2000

  • #1155 in Sales
  • #1139 in Market value
Profile

Vestas Wind Systems A/S is engaged in the manufacture, sale and service of wind turbines and wind power systems. It also offers offshore wind power solutions and other related services such as grid compatibility, supervisory control and date acquisition, service and maintenance, and technologies. The company operates through the following segments: Europe and Africa Sales Units, Americas Sales Units, Asia Pacific Sales Units, Production Units, and Service. The Sales Units segments comprise of subsidiaries engage in the sale of wind turbines. The Production Units segment covers subsidiaries such as Vestas Blades, Vestas Control Systems, Vestas Nacelles, and Vestas Towers. The Service segment includes service activities by subsidiaries such as control, service and maintenance. The company was founded by Smith Hansen and Peder Hansen in 1945 and is headquartered in Aarhus, Denmark.

“Vestas Wind Systems History

110 years of expertise, willpower and passion

Ever wondered how this all started? Ever had any question about what Vestas does and offers? This is where you will find the answer. Know more about Vestas’ journey from 1898 to the present day.

The story of how we got to where we are today contains many successes and a few setbacks. However, all our experiences have prepared us to harness the power of modern energy as the world moves further into the 21st century.”

*Information from Forbes.com and Vestas.com

**Video published on YouTube by “Vestas