Business Analysis - Vestas

1. door\n1.1 Introduction\nAs a company, we admit chosen Vestas. We perceive Vestas as having a major federal agency in hereafter naught development, and also being a leading star in the manufacture of parts and the return of knowledge in what we conceptualise to be a future power crisis.\nVestas is a danish company, with its founding grow being set up in 1898 by blacksmith advance Smith Hansen in a small danish pastry townspeople on the west semivowel called Lem. after the second creative activity war, the company faced an change magnitude demand for new technology, and the proceeds of kitchen weights and mixers kept the company engross up until the next forceful change in production. After the war, the company changed name to VEstjysk STaalteknik A/S (VESTAS for short), which is the name we descry today. During the fifties, Vestas had its setoff export product ready, after taking a patent in milkcontainers. It was then that the company began a transition into large surpass production, and also global exporting. By 1968, Vestas successfully exported to 65 diametric countries worldwide. After a few failed attempts at creating a wind generator with efficient capability output, excogitate got around that two Danish blacksmiths had an idea that seemed to work, but lacked the cash to go through with the twist and testing of the device. Vestas seized the opportunity, employed two men, and shortly after introduced their first industrialized wind generator, sending Vestas into a 40 year opulent boom towards where they are today as a windmill conglomerate.\nA future push crisis is inevitable, if the transition into renewable energy is not aided, according to the UN renewable energy report for 2014. 1 The reliance on non-renewal energy sources, combined with rising environmental concerns, population boom and change magnitude conflicts in energy enough zones, is very much putt the ball in Vestas court, and companies the like it. Tasked wi th supplying for tomorrows demand, we wish to postulate a look at Vestas...