EnergyWatch

Senvion pulls out of 30 markets

In order to reverse its fortunes, the company will carry out substantial changes that will lead to an exit from long series of markets and shift emphasis to fewer turbine models.

Photo: Senvion

Struggling German turbine manufacturer Senvion is in a crisis, as is reflected in a share price depreciation of more than 50 percent this year.

In order to reverse its fortunes, the company will carry out comprehensive changes that will lead to an exit from a range of markets and narrow its focus on fewer turbine models.

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