EnergyWatch

Vestas has squeezed its suppliers and they are feeling the financial hit

The wind turbine manufacturer has used its powerful position to negotiate favourable conditions with its suppliers, whose liquidity is impacted.

Photo: Frank Boutrup Schmidt/Vestas

Solid products, good service agreements and the willingness to squeeze subcontractors are among the reasons why Vestas leaves its competitors in the dust.

Finans has carried out a review of the Danish wind turbine manufacturer's reports, which show that Vestas beats its competitors by utilizing its economies of scale.

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