The Danish Wind Industry Association has published its annual industry statistics for 2008 which show a record 20% rise in exports to DKK 42bn (USD 8bn), corresponding to 7.2% of total Danish exports. Jan Hylleberg, managing director of the Danish Wind Industry Association, is delighted with the result and says in a press release:
"2008 was a really good year for exports of Danish energy technology, and it was especially good for the wind turbine industry, which accounted for more than 70% of total Danish exports of energy technology. This derives in particular from Danish sub-suppliers increasingly exporting components and services to foreign manufacturers. Danish manufacturers have been global for a number of years. Danish sub-suppliers have now got the hang of it and many are present on international markets – or busy getting there."
Funen-based Hydac A/S, a producer of hydraulic components and systems, saw a 50% growth in revenues in 2008 and a 25% growth in the first three months of this year. Jens Haugaard, director of Hydac A/S says the company is benefiting from being part of an international group with 5,500 people worldwide that enables them to quickly promote their business on the right markets.
The financial crisis has led to a drop in the order intake and Haugaard expects the next two quarters to be tough, but he maintains a positive outlook:
"We have prepared our company for a difficult second and third quarter, but things will improve in the fourth quarter. So we expect a 2009 with zero growth and in the best case a modest growth. We forecast that in 2010 we will get a clearly better year with renewed growth."