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Vestas: Romania is the country with the biggest growth potential in Eastern Europe

Autor: Roxana Petrescu

27.01.2011, 00:03 31

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

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