REpower Systems AG Establishes Subsidiary For German Wind Market

REpower Systems AG has established an independent company named REpower Systems GmbH to serve the core markets in Germany and Austria.

The company will begin operations on Oct. 1 in Hamburg. REpower Systems GmbH will bundle sales, project management and service of onshore wind turbines in Germany and Austria. Approximately 200 employees in these and other areas will transfer from REpower Systems AG to the new company.

The restructuring is a response to the strong growth of the company and its increasing internationalization.

‘In our international core markets, we have already established highly effective subsidiaries,’ says Andreas Nauen, CEO of REpower Systems. ‘We now want to also implement this in the domestic market so that we can consistently follow the course of becoming a truly global corporation and adapt our international organizational structure here in Germany accordingly.’

SOURCE: REpower Systems AG

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