Vestas: Romania is the country with the biggest growth potential in Eastern Europe
Denmark's Vestas, the world's leader in the field of
wind farm technology, with turnover worth above 6bn euros in 2009,
decided to open an office in Romania this year considering the
company has already sold turbines with a 450 MW capacity for
investments in Dobrogea.
After six years' research, Vestas now says it is time it started
developing domestically.
"We have been eyeing Romania over the past five or six years, but
it is now that we decided to open a local office. This is a
decision that proves the domestic market has reached a certain
maturity. We are in the right place at the right moment. Romania is
the most promising country in Eastern Europe," says Hans Jorn
Rieks, chairman for Central Europe with Vestas.
The best-known wind farms due to be equipped by Vestas are the ones
being built by Energias de Portugal in two towns of Dobrogea,
Pe[tera and Cernavod`.
According to Rieks, the big concern as regards the Romanian market
is legislation. "The existence of clear legislation will open the
market to several players as banks are always looking at something
tangible and are not willing to take on risks," he says.