In January 2012 Vestas decided to close its tower factory in Varde, Denmark.
Now, after running a divestment process, Vestas has entered an agreement with Chinese Titan Wind Energy (Suzhou) Co., Ltd., a long term partner and supplier to Vestas, to sell off the Danish facility and thereby maintain most of the jobs for about 120 employees. The agreement must be approved by Chinese authorities, which is expected to happen shortly. Vestas will transfer the facility in Varde 1 September.
Now, after running a divestment process, Vestas has entered an agreement with Chinese Titan Wind Energy (Suzhou) Co., Ltd., a long term partner and supplier to Vestas, to sell off the Danish facility and thereby maintain most of the jobs for about 120 employees. The agreement must be approved by Chinese authorities, which is expected to happen shortly. Vestas will transfer the facility in Varde 1 September.