Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal

Vestas Wind Systems A/S is a Danish manufacturer, seller, installer, and servicer of wind turbines that was founded in 1945.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Revenue(RF), mln.USD
57
Glob.Revenue, mln.USD
15231
Staff(RF), 2021
441
Capital(RF), mln.USD
50
Assets(RF), mln.USD
63
Taxes(RF), mln.USD
3
The Company Statement
April 12, 2023

Continued operations but no new contracts. Fully withdrawn from Russia. Vestas CEO sees continued challenges as wind giant posts another loss. Russian company is in the process of liquidation.

August 09, 2023Vestas CEO sees continued challenges as wind giant posts another loss
July 31, 2023The departure of Vestas from Russia turned into courts and a criminal case
June 14, 2022The world's largest wind turbine manufacturer is terminating a special investment contract with Russia
April 06, 2022The world's largest manufacturer of wind turbines comes from the Russian Federation
April 06, 2022Vestas to withdraw from Russian market over Ukraine invasion
April 05, 2022Vestas withdraws from the Russian market
March 07, 2022Vestas puts Russia projects on hold
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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