EANS-News: Nordex expands business in Eastern Europe
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Subtitle: Market entry in Romania with projects totalling 20 megawatts Focus furthermore on Poland Hamburg, 12 September 2011 (euro adhoc) - Nordex believes in the growth potential of wind energy in Eastern Europe. As an example of this, business in Romania is now also moving forward for the turbine manufacturer: this year the company received the first two orders for a total of 20 megawatts. In addition to this, it projects a growing demand for wind investments from Poland and Bulgaria. The two customers in Romania have each ordered four N100/2500 machines along with long-term Service Agreements. Their wind farms are due to start operation by the end of 2011 and will serve as references for future business in Romania. The wind market potential is excellent, and it is expected that by the end of 2015 wind turbines with output of more than 3,000 megawatts will be in operation here. "Our target is to achieve a significant market share. The first projects are providing us with important experience for this. Being confident of the good prospects of the Romanian renewable energy market, we plan to set up a branch in the coming months," announces CSO Lars Bondo Krogsgaard. Apart from Romania, Nordex is particularly focusing on Poland. Nordex is already established in the Polish market via a subsidiary. Nordex Polska has connected 93 megawatts to the grid. A further 50 megawatts will be installed by the end of 2011. In future the company expects to supply Poland with more than 100 megawatts a year. One important growth driver will be Nordex´ new large N117/2400 wind turbine which is a perfect match to low wind sites. Further inquiry note: Ansprechpartner für Rückfragen: Nordex SE Ralf Peters Telefon: 040 / 300 30 - 1000, Telefax: - 1333 end of announcement euro adhoc -------------------------------------------------------------------------------- company: Nordex SE Langenhorner Chaussee 600 D-22419 Hamburg phone: +49 (0)40 30030-1000 FAX: +49 (0)40 30030-1101 mail: info@nordex-online.com WWW: http://www.nordex-online.com sector: Alternative energy ISIN: DE000A0D6554, DE0000A0D66L2 indexes: TecDAX, CDAX, HDAX, Prime All Share, Technology All Share, ÖkoDAX stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, München language: English
Original content of: Nordex SE, transmitted by news aktuell