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Company Profile For REpower Systems AG

 
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Overview

REpower Systems AG is a Germany-based technology company engaged in the development, licensing, production and sale of wind energy turbines, as well as after-sales service for the German wind energy sector and developing and providing turnkey wind farms. Its product range comprises several types of turbines with rated outputs of between 1.5 to 6.15 megawatts. In the FY 2008/09, turbines were produced in the Company’s production plants of Husum, Trampe, Bremerhaven, Germany, as well as in Oliveira de Frades, Portugal, since December 2008. As of March 31, 2009, the Company has 12 wholly owned subsidiaries in Germany, Spain, France, People's Republic of China, the United States, Canada and Belgium, among others, as well as three majority owned subsidiaries in Portugal, Greece and Germany. It has also formed three joint ventures, REpower Portugal - Sisemas Eolicos SA, Portugal; REpower (North) China Ltd, People's Republic of China, and RETC Renewable Energy Technology Centre GmbH, Germany.

Quick Financial Synopsis

BRIEF: For the three months ended 30 June 2009, REpower Systems AG's total revenue increased 31% to EUR305.6M. Net income for the period decreased 59% to EUR2.5M. Total revenue reflects an increase in demand for the Company's products and services in all geographic segments. Net income for the period was offset by lower operating profit margin due to higher personnel expenses and increased other operating expenses.

Company Address

REpower Systems AG
Ueberseering 10
Hamburg     22297
P: +494055.55090
F: +494055.550903999

Total Employees

1867

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