EnergyWatch

Danfoss defies dark clouds on the horizon

Despite heightened global economic uncertainty due to the current geopolitical situation, including an ongoing trade war between China and the US, Danish cleantech company Danfoss persists undeterred with its strategy.

Photo: PR Danfoss

The CEO of Danish cleantech company Danfoss is not easily shaken. Even though dark clouds are looming on the horizon, causing projects to be postponed, the industrial firm will not turn its rudder.

"We are staying on course. We will stick to our strategy. We believe in China. It is entirely characteristic of Danfoss to stay put and continue our processes in all the challenging periods that have occurred in Russia, South America and other regions. Those situations have ended up providing us with the largest market shares. Our ambition is to keep doing so. We will maintain our strategy," says Danfoss CEO Kim Fausing.

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