Archive

• Vestas to issue new shares and renew credit lines after 'turnaround'

  04 February 2014

  Wind turbine maker Vestas has announced plans to issue new shares and has struck a deal with banks for new credit lines, after it reported its first quarterly profit since mid-2011.

• Vestas replaces CEO as losses widen

  21 August 2013

  Wind turbine maker Vestas has replaced its CEO after its losses grew in the second quarter, but analysts say the struggling company has turned a corner.