Ørsted and Vestas squeeze Danish sub-suppliers' income

Declining prices on wind energy are squeezing Danish sub-suppliers to turbine manufacturers such as Vestas and Siemens Gamesa.

They once appeared to be winning growth companies, however, Danish wind turbine sub-suppliers are currently facing economic pressure.

A new analysis of the largest Danish companies shows that income for the majority of companies declined last year, which prompts efficiency-optimizing restructurings and consolidations.

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