Denmark

Denmark

Costly NEG Micon fusion

The fusion of wind turbine companies Micon and Nordtank into publicly traded NEG Micon A/S has been at the expense of profits, the new company's half yearly financial report reveals. From April to October 1997 the company lost DKK 3.7 million on a turnover of DKK 789 million. Company officials expect a better result at the nine month mark, however. Orders on the books amount to more than DKK 1 billion, it says. Many were due to be completed before the start of 1998.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Sign up now
Already registered?
Sign in

Windpower Monthly Events


Latest Jobs