Vestas Wind Systems A/S
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in mil. unless spec.Company Description
- CEO
- Henrik Andersen
- Full Time Employees
- 36,973
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Hedeager 42 Aarhus CD Denmark 8200
- IPO Date
- Apr 29, 1998
- Website
- vestas.com
- Similar Companies
- Business
- Vestas Wind Systems A/S designs, manufactures, installs and services onshore and offshore wind turbines and wind power plants worldwide; its core offerings span the EnVentus, 4 MW Platform and 2 MW Platform product lines tailored for diverse site conditions including low-wind and high-wind environments, along with wind project planning, procurement, construction, operations and maintenance services, power plant optimization, supervisory control and data acquisition systems, service contracts, spare parts and hybrid energy solutions. The company operates through Power Solutions and Service segments, targeting utilities, independent power producers and corporate customers across Europe, the Americas, Asia-Pacific and other regions with manufacturing facilities in Denmark, Poland, the United States and beyond. Founded in 1898 and headquartered in Aarhus, Denmark, Vestas employs over 35,000 people and maintains more than 159 GW of turbines under service in 88 countries. Recent developments include the expansion of its onshore blade factory in Poland with a second production line for V-72 MW turbines and over 300 new hires to meet rising European demand, the acquisition of LM Wind Power's blade manufacturing facility in Goleniów, Poland in 2025 to bolster European production capacity, a long-term contract with Cadeler for the Wind Keeper vessel supporting offshore operations starting in 2026 valued at approximately EUR 210 million firm with options exceeding EUR 380 million, multiple new orders such as 660 MW offshore in EMEA and 132 MW across Spain, Costa Rica and South Korea with deliveries through 2027, a milestone of 10 GW shipped offshore capacity via partnership with ZF Wind Power, and an investment by Vestas Ventures in Modvion for wooden tower technology integration.
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