EnergyWatch

Enormous price squeeze costs 800 jobs at Enercon

German turbine manufacturer Enercon is launching a large round of cut backs and outsourcing which will cost 800 jobs within companies dependent on Enercon.

Photo: Enercon

Enercon is feeling "enormous pressure from expenses" in the domestic market, the company tells in a comment to Bloomberg News.

This has prompted Enercon to shift focus and invest more on the global market, just as it will be buying more components from international sources.

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