Business Analysis - Vestas

1. Introduction\n1.1 Introduction\nAs a phoner, we have chosen Vestas. We perceive Vestas as having a major role in future talent development, and too cosmos a star star in the pay off of parts and the supply of friendship in what we believe to be a future susceptibility crisis.\nVestas is a Danish attach to, with its founding roots being set up in 1898 by blacksmith Hand metalworker Hansen in a clarified Danish town on the west coast called Lem. aft(prenominal) the second world war, the company faced an increasing get hold of for new technology, and the crosswayion of kitchen weights and mixers unbroken the company busy up until the next drastic substitute in production. later the war, the company changed name to VEstjysk STaalteknik A/S (VESTAS for short), which is the name we recognize today. During the fifties, Vestas had its first export product ready, after taking a patent in milkcontainers. It was because that the company began a transmutation into large sca le production, and withal global exporting. By 1968, Vestas successfully exported to 65 different countries worldwide. After a few failed attempts at creating a windmill with economical energy output, word got nearly that two Danish blacksmiths had an intellection that seemed to work, but lacked the funds to go through with the construction and test of the device. Vestas seized the opportunity, employed both men, and presently after introduced their first industrialised windmill, sending Vestas into a 40 year expansive scag towards where they are today as a windmill conglomerate.\nA future energy crisis is inevitable, if the revolution into renewable energy is not aided, according to the UN Renewable energy report for 2014. 1 The doctrine on non-renewal energy sources, feature with rising environmental concerns, race boom and increasing conflicts in energy rich zones, is rattling much putting the ball in Vestas court, and companies like it. Tasked with provide for tom orrows demand, we wish to take a look at Vestas...