BNET Industries
Last Fiscal Year Sales:$7.6B
- Public
- DK
Dow Jones Description
Provider of Wind Power System Services
President, Vestas Technology R & D
Finn Strom MadsenNumber of Employees 20,829
Peer Companies
NAICS Code Other Electric Power Generation: 221119
Recent Events
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Vestas CEO says no plan to go into project finance
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Vestas share gets higher price targets
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Vestas Wind Systems reports 34% drop in 2Q profit
News & Analysis
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vestas wind systems a/s - All News and Analysis
Vestas attacks UKâ??s planning system as it posts 34% fall in profits
18-08-09 Danish-based wind turbine manufacturer Vestas, which last week closed two UK operations with the loss of 425 jobs, saw its year-on-year profits drop by 34% in the second quarter of 2009, it revealed today (August 18). The company, which is one of the world's largest manufacturers of wind operating...
Need to know: Unite joint venture ... SAS job cuts ... Swisscom profits rise ...
View video and Need to Know interactive heatmap Economics Unemployment: Official data showed that nearly one million young people are out of work as unemployment hit a 14-year high. More than 700,00 18 to 24-year-olds and 206,000 16 to 17-year-olds are jobless. Inflation: Mervyn King, Governor of the Bank of...
Vestas closes Isle of Wight wind turbine blade factory
12-08-09 Over four hundred workers at the Vestas wind turbine operations on the Isle of Wight and Southampton were dismissed today (August 12) as the company closed its only UK manufacturing facilities. The Danish company said that it was ceasing its blade production activities following more than three months of...
Energy Roundup: China Solar Subsidy, Vestas Workers Revolt, Halliburton CEO's Recovery Doubts and More
China boosts solar sector with massive subsidy plan -- China will subsidize 50 percent of the investment for solar power projects, an unprecedented plan that could spur more than $10 billion in private funding and make the country a leading market for solar equipment. The subsidies also will be extended to power...
Energy Roundup: Vestas Layoffs, Geothermal Setback, Nuclear Waste Fight, and More
Vestas trims 1,900 workers despite rising profits -- The world's top wind turbine manufacturer, Vestas, is cutting free almost 10 percent of its workforce despite a 70 percent rise in first-quarter profit over last year. The reason is a largely regional downturn in the market, with the pain is focused...
Vestas and Boeing team up on R&D
Danish wind turbine manufacturer Vestas and Washington-based Boeing plan to collaborate on research projects that aim to reduce greenhouse gas emissions, pollution and waste. The pair share expertise in a number of areas, such as aerodynamics and materials science, and have identified a number of potential projects which include...
Learn about The US Wind Energy Market
NEW YORK -- Reportlinker.com announces that a new market research report related to the Renewable energies industry is available in its catalogue. The US Wind Energy Market Analysis and Forecasts to 2013 http://www.reportlinker.com/p0102219/The-US--Wind-Energy-Market-Analysis-and-Forecasts-to-2013.html The US Wind Energy Market Analysis and Forecasts to 2013 The report provides...
Danish wind turbines manufacturer Vestas Wind Systems A/S reports full-year EBIT of EUR668m
NORDIC BUSINESS REPORT-11 February 2009-Danish wind turbines manufacturer Vestas Wind Systems A/S reports full-year EBIT of EUR668mC1994-2009 M2 COMMUNICATIONS LTD http://www.m2.com Danish wind turbines manufacturer Vestas Wind Systems A/S (OMX Copenhagen:VWS) published on Wednesday (11 February) its financial figures for 2008, reporting an operating profit EBIT of EUR668m, as...
Brighton hopes good trumps bad and ugly: with wind in its sails from Vestas, the city aims to attract more development
Brighton either is half-empty or half-full, or both. The half-empty part is so obvious even the city's public relations counsel Ken Parks brings the subject up right off the bat. [ILLUSTRATION OMITTED] Brighton home inventories "never have gotten really out of control," says Parks, who also serves...
Ankrom Moisan chosen to design Vestas' U.S. headquarters in Portland
Ankrom Moisan Associated Architects has been selected by Vestas, the world's largest supplier of wind turbines, to design the firm's new American headquarters office building in Portland. The first step in the design process will be final site evaluation and selection, followed by campus and building design. The...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Finn Strom Madsen | President, Vestas Technology R & D |
| Henrik Norremark | CFO & Executive Vice President |
| Henrik Hald Hellmuth | Senior Vice President, Group Treasury |
| Jan Pilgaard | Senior Vice President, Finance & Operations |
| Jorgen Peter Nielsen | Senior Vice President, Contract Review |
| Peter Brun | Senior Vice President, Govt Relations |
| Peter W. Kruse | Senior Vice President, Group Comm |
| Robert Paul Fritz | Senior Vice President, Vestas Excellence |
| Torben Bonde | Senior Vice President, IT |
| Michael Hogedal | Vice President & Managing Director, Vestas Technology R & D Chennai, India |
| Linda Nuber-Baron | Director, Group Comm |
| Tina Ebler | Director, Marketing |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Torsten Erik Rasmussen | Deputy Chairman |
| Arne Pedersen | Board of Directors |
| Elly Smedegaard | Board of Directors |
| Freddy Frandsen | Board of Directors |
| JArgen Huno Rasmussen | Board of Directors |
| Jorn Anker Thomsen | Board of Directors |
| Jurgen Huno Rasmussen | Board of Directors |
| Kim Hvid Thomsen | Board of Directors |
| Kurt Anker Nielsen | Board of Directors |
| Lester J. Kaplan | Board Member |
| Michael Abildgaard Lisbjerg | Board of Directors |
| Sussie Dvinge Agerbo | Board of Directors |
| Svend Age Damgaard Andersen | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | President, Vestas Technology R & D | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | CFO & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Senior Vice President, Group Treasury | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Senior Vice President, Finance & Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Senior Vice President, Contract Review | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Senior Vice President, Govt Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Senior Vice President, Group Comm | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Senior Vice President, Vestas Excellence | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Senior Vice President, IT | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Vice President & Managing Director, Vestas Technology R & D Chennai, India | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Director, Group Comm | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Director, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Deputy Chairman | Current |
| Vestas Wind Systems A/S | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Board of Directors | Current |
Lester J. Kaplan, Ph.D. has served as a director of our company since November 1997. Dr. Kaplan was Executive Vice President and President, Research and Development at Allergan, Inc. from November 2003 to April 2004. Dr. Kaplan joined Allergan in 1983 and, prior to being appointed to Executive Vice President, was Corporate Vice President, Research and Development and Global BOTOX from June 1998 to November 2003. Dr. Kaplan was elected to Allergan's board of directors in 1994 and served in that capacity until April 2004. Dr. Kaplan is also a member of the board of Acucela Inc. and the National Neurovision Research Institute. Dr. Kaplan received a M.S. and Ph.D. in organic chemistry from the University of California, Los Angeles. Torsten Rasmussen has served as a director of our company since April 1998. Mr. Rasmussen has been President and CEO of Morgan Management ApS, a management advisory and consulting company, since 1997. Prior to founding Morgan Management ApS in 1997, Mr. Rasmussen held the position of Executive Vice President, Operations at the LEGO Group (LEGO A/S) in Denmark, since 1981. He currently serves as a board member in the capacity of chairman, deputy chairman or ordinary board member of a number of Danish companies of which the following are quoted on the Danish Stock Exchange: Coloplast A/S, Bang & Olufsen A/S, TK Development A/S, Vestas Wind Systems A/S and A/S Det Oestasiatiske Kompagni. Mr. Rasmussen holds an M.B.A. from IMD in Lausanne, Switzerland. Alan G. Walton, Ph.D., D.Sc. has served as a director of our company since March 2003. Dr. Walton joined Oxford Partners as a General Partner in 1987. In 1991, he founded Oxford Bioscience Partners and he is currently Senior Partner and Chairman of Oxford Bioscience Corporation. Previously, he was President and CEO of University Genetics Co., a public biotechnology company involved in technology transfer and seed investments in university-related projects. Prior to University Genetics, he taught at several institutions including Harvard Medical School, Indiana University and Case Western Reserve where he was Professor of Macromolecular Science and Director of the Laboratory for Biological Macromolecules. Dr. Walton serves on the Boards of Alexandria Real Estate Equities and Advanced Cell Technology, and is Chairman, as well as a Board member, of Avalon Pharmaceuticals and Psychiatric Genomics. He is also on the Board of Research!America, a philanthropic organization. Dr. Walton was a founder of Human Genome Sciences and GeneLogic and is the Founding Chairman of the Biotechnology Venture Investors Group. Dr. Walton received a Ph.D. in chemistry and a D.Sc. in biological chemistry from Nottingham University in England and in 2005 received an honorary LLD degree for his lifetime achievement in life sciences form Nottingham University. Uli Hacksell, Ph.D also serves as Chief Executive Officer and a member of the board of directors. For a description of his background, please see "Management Team."
| Organization | Position | Status |
|---|---|---|
| Medinox, Inc. | President of R&D and Global Botox | Former |
| Medinox, Inc. | Board of Directors | Current |
| ACADIA Pharmaceuticals Inc. | Director | Current |
| Bay City Capital LLC | Member of Bay City Capital's Scientific Advisory Board | Current |
| The Keck Graduate Institute | Member of the Board of Directors | Current |
| Vestas Wind Systems A/S | Board Member | Current |
| Alexandria Real Estate Equities Inc. | Board of Directors | Current |
| Avalon Pharmaceuticals, Inc. | Board of Directors | Current |
| Coloplast A/S | Board Member | Current |
| Acucela | Board of Directors | Current |
| Bay City Capital LLC | Member | Current |
| Allergan, Inc. | President | Former |
| Allergan, Inc. | Executive Vice President | Former |
| Oxford Bioscience Partners | Founder | Former |
| Human Genome Sciences, Inc. | Founder | Former |
| Oxford Partners | General Partner | Former |
| Indiana University | Former | |
| Psychiatric Genomics | Former | |
| Allergan, Inc. | Board of Directors | Former |
| University of Nottingham | D.Sc. In Biological Chemistry | Former |
| University of California, Los Angeles | PhD in organic chemistry | Former |
| University of California, Los Angeles | M.S. and Ph | Former |
| The Keck Graduate Institute | member | Former |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vestas Wind Systems A/S | Board of Directors | Current |
| Volume | 1,355,649 |
| Shares Outstanding | 0. |
| Market Cap | 0. |
| Year High | 41.67 |
| Year Low | 25.87 |
| Earnings Per Share | 1.36 |
| P/E Ratio | 26.7647 |
| Dividend | 0.74 |
| Yield | 2.0330 |
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