Advertising Console

    Vestas 'facing tough year' to cut more jobs

    euronews (in English)

    by euronews (in English)

    A chill wind is blowing through part of the alternative energy world with Danish wind turbine maker Vestas saying it will cut 1,400 more jobs.

    It is laying off workers to save an additional 100 million euros.

    Production problems and delays in delivering projects wiped out its profits last year and led to a shake-up in top management - Vestas said 2013 will be another difficult year.