Danish based SSP Technology, a company developing and producing wind turbine rotor blades, has gained an international breakthrough and doubled its number of staff in 12 months. The firm plans to employ up to 60 more people this year, and a further 80 next year. As part of developing an international environment, SSP Technology will employ some of its staff from abroad.
Christoph Adrian, managing director of SSP technology says: "The company has developed and refined a new technology so that wind turbine manufacturers can build blades which are 25% lighter and thereby more efficient than the previous generations of blades. We are expecting dramatic growth in a short period of time."
SSP Technology generated revenues of DKK 27 m (USD 4.9 m) in 2006, and forecasts an increase to DKK 75 m (USD 13.5 m) in 2007. The company has orders until 2009.
SSP Technology was founded in 2001 by Flemming Sørensen and Rune Schytt Nielsen. In 2003, the founders sold the share majority to Germany's Plambeck Neue Energien AG. Six months ago, the Swiss investment company New Energies Invest AG in Basel, invested DKK 37.5 m (USD 6.8 m). Today, Plambeck Neue Energien owns 68%, New Energies Invest 25%, while the remaining shares are owned by the two founders, the MD and a number of small German investors.
The news was reported by national regional newspaper Fyens Stiftstidende.