CEO Introduction

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CEO

The Power to Deliver

Throughout LM Wind Power’s three operational areas, blades, brakes, service and logistics, we adjusted to changing demand patterns. We focused on improving operational efficiency, while developing new technologies and product solutions for the future.

On a global level, growth in new wind power installations accelerated in 2009. China continued to power ahead.

It is clear that Asia’s, and especially China’s, role in the wind power industry will be increasingly significant in the years ahead while challenges remain in the US, Europe and India. Our priorities in 2009 were to streamline our capacity in Europe in line with demand, securing our presence in the North American market while reacting to the extraordinary strength of the Chinese market. We successfully achieved this by reducing the manufacturing footprint in Spain, Denmark, India ...