Business Analysis - Vestas

1. Introduction\n1.1 Introduction\nAs a attach to, we have chosen Vestas. We perceive Vestas as having a major role in future skill development, and in addition cosmos a leash star in the build of parts and the supply of companionship in what we believe to be a future qualification crisis.\nVestas is a Danish fraternity, with its founding roots being set up in 1898 by blacksmith Hand metalworker Hansen in a teensy Danish town on the west coast called Lem. after the second world war, the company faced an increasing occupy for new technology, and the carrefourion of kitchen weights and mixers unplowed the company busy up until the next drastic diverge in production. subsequently 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 wherefore that the company began a transit into large scale prod uction, and similarly global exporting. By 1968, Vestas successfully exported to 65 different countries worldwide. After a few failed attempts at creating a windmill with good energy output, word got about that two Danish blacksmiths had an mentation that seemed to work, but lacked the funds to go through with the construction and exam of the device. Vestas seized the opportunity, employed both men, and unawares after introduced their first industrialized windmill, sending Vestas into a 40 year expansive thrive towards where they are today as a windmill conglomerate.\nA future energy crisis is inevitable, if the transit into renewable energy is non aided, according to the UN Renewable energy report for 2014. 1 The conviction on non-renewal energy sources, have with rising environmental concerns, existence boom and increasing conflicts in energy rich zones, is rattling much putting the egg in Vestas court, and companies like it. Tasked with render for tomorrows demand, we wish to take a look at Vestas...