Vestas and Novozymes popular with foreign investors  

2007.01.29
Denmark's Vestas Wind Systems and Novozymes, respectively the world's largest manufacturers of wind turbines and enzymes for biofuel, are seeing increasing interest from foreign investors
Denmark's Vestas Wind Systems and Novozymes, respectively the world's largest manufacturers of wind turbines and enzymes for biofuel, are seeing increasing interest from foreign investors. Peter Kruse, investor and communication director at Vestas says that investors from the US in particular have woken up to the Danish company; 60% of its shares are now foreign owned.
 
In 2006, Vestas shares rocketed by more than 100% and in H2 2006, seven out of ten deals with Vestas shares were carried out by international stockbrokers. By the end of 2006, Vestas moved its presentation of the group's financial results to London. "When we presented the accounts on 22 November in London, we were broadcast by Bloomberg, CNBC and BBC. Via international TV channels our communication reached perhaps 500 million people including the US and UK," says Kruse.   
 
Vestas expects to take on 2,000 more staff this year, bringing its total workforce to 14,000 by the end of the year.
 
Novozymes, which accounts for approx. 50% of the global market for enzymes for bioethanol, saw a 41% rise in its share value in 2006. Lene Aabo, head of investor relations at Novozymes says: "We are seeing increasing interest for the sustainable industry including renewable energy." The news was reported by national daily newspaper Berlingske Tidende.
 
 
Link > Novozymes  

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