EnergyWatch

Nordex faces further challenges after bleak year

The balance at Nordex is hovering around zero, and the future looks set to offer more challenges for the German turbine manufacturer. The firm's formerly strong domestic market is one of the major problems.

Photo: Nordex

Just as expected, the bottom line was far from impressive last year for German wind turbine manufacturer Nordex. The company has released its annual report for 2017 today, and it shows that the firm only barely delivered a profit.

From a bottom line result of EUR 95 million in 2016, the result last year came to just EUR 329,000.

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