Vestas

Aarhus, Denmark Founded: 1945 • Age: 81 yrs
Wind turbines are manufactured and installed globally by Vestas.
Annual revenue $22.1B Latest available
Total funding - 5 rounds
Employees 35100 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Vestas

Vestas is a company based in Aarhus (Denmark) founded in 1945. It operates as a Product-as-a-Service and Managed Services. The company has 35,100 employees as of December 31, 2024. Vestas has completed 3 acquisitions, including Availon, UpWind Solutions and Utopus Insights. Vestas offers products and services including Onshore Wind Turbines, Offshore Wind Turbines, Service Solutions, and Project Development. Vestas operates in a competitive market with competitors including Siemens Gamesa, Goldwind, Zephyr, MARVEL-TECH and Shanghai Electric Group, among others.

  • Headquarter Aarhus, Denmark
  • Employees 35100 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
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  • Website
    Locked
  • Social
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  • Legal Name Vestas Wind Systems A/S
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $22.1 B (USD)
    8.9
    as on Dec 31, 2025
  • Net Profit
    $914.02 M (USD)
    56.01
    as on Dec 31, 2025
  • EBITDA
    $2.2 B (USD)
    23.64
    as on Dec 31, 2025
  • Latest Funding Round
    $1.18 M (USD), Grant

    Dec 01, 2021

  • Investors
  • Employee Count
    35100

    as on Dec 31, 2024

  • Investments & Acquisitions
    Availon

    & 2 more

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IPO & Listings of Vestas

Vestas is a publicly listed company on the OMXCOP with ticker symbol VWS in Denmark, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXCOP · Ticker: VWS · Sector: Producer manufacturing · Denmark

Products & Services of Vestas

Vestas offers a comprehensive portfolio of products and services, including Onshore Wind Turbines, Offshore Wind Turbines, Service Solutions, and Project Development.

Product name locked
Category locked
Primary

Onshore wind turbines are designed for sustainable energy generation.

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Offshore wind turbines are built for challenging marine environments.

Product name locked
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Service solutions are provided for global wind turbine fleets.

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Renewable energy projects are developed with high-quality standards.

People of Vestas

Headcount 10000+
Employee Profiles 939
Board Members and Advisors 18
Employee Profiles
People
Benjamin Byg
Project Manager, Business Improvements & Processes
People
Joshua Dwyer
Head Of Epc&cbop, APAC
People
Jørgen Jakobsen
Lead Engineer, Life Cycle Management Lcm, Powertrain Module, Vestas Power Solutions VPS
People
Simone Nielsen
Digital Employee Experience Designer And Knowledge Manager

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Board Members and Advisors
people
Anders Runevad
Deputy Chairman of the Board of Directors
people
Karl-Henrik Sundström
Director
people
Henry Sténson
Director
people
Eija Pitkänen
Director

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Funding Insights of Vestas

Investors in Vestas

Vestas has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Australian Renewable Energy Agency.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Cleantech sector funding is provided via venture capital investments.
Locked Locked Locked
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Vestas

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by Vestas

Vestas has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Availon, UpWind Solutions and Utopus Insights.

Investments
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Investment portfolio details for Vestas

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Software for wind power project analysis and monitoring is offered.
Locked Locked 2017 Locked
Wind turbine and project service provider
Locked Locked 2007 Locked
Wind Turbine Operation & Maintenance provider
Locked Locked 2007 Locked
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Complete acquisition details for Vestas

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Vestas

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Detailed financials for Vestas

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  • Profit trends
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Vestas Comparisons

Vestas Primary company
Description
Wind turbines are manufactured and installed globally by Ves...
Location
Aarhus, Denmark
Founded Year
1945
Annual Revenue
$22.1 B (USD)
Net Profit
$914.02 M (USD)
EBITDA
$2.2 B (USD)
Employees
35,100
As of 2024
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Peer comparison for Vestas

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Competitors of Vestas

Vestas operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Siemens Gamesa, Goldwind, Zephyr, MARVEL-TECH and Shanghai Electric Group, among others.

Company Name Domain Founded year HQ Location Description
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Utility-scale wind turbines are manufactured for renewable energy applications.
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Manufacturer of wind turbine
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Wind turbines are manufactured and wind energy projects are developed.
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Limited information available
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Industrial-grade green and smart system solutions are provided for businesses.
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Detailed competitors of Vestas

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  • Full company profiles
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Latest news on Vestas

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Complete news archive for Vestas

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about Vestas

Vestas was founded in 1945 and raised its 1st funding round 71 years after it was founded.

Vestas is headquartered in Aarhus, Denmark.

Henrik Andersen is the current CEO of Vestas.

As of Dec 31, 2024, the latest employee count at Vestas is 35,100.

Annual revenue of Vestas is $22.1B as on Dec 31, 2025.

Vestas is established as a global leader in sustainable energy solutions, focusing on the design, installation, and maintenance of wind energy projects. The company operates in the renewable energy sector, specializing in onshore and offshore wind turbines. Services are provided for the worlds largest wind turbine fleet across 71 countries. Innovative solutions are developed to support the transition to renewable energy, with wind power positioned as a core component of future energy systems. Project development is also undertaken to transform renewable energy visions into reality with high value.

Vestas's top competitors include Siemens Gamesa, Sinovel Wind Group and Shanghai Electric Group.

Vestas offers Onshore Wind Turbines, Offshore Wind Turbines, Service Solutions, and Project Development.

Yes, Vestas is publicly traded on OMXCOP under the ticker symbol VWS.

Vestas has made 3 acquisitions, including Availon, UpWind Solutions, and Utopus Insights.

Vestas has 2 investors. Key investors include European Union, and Australian Renewable Energy Agency.

The ticker symbol of Vestas is VWS on OMXCOP.

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