Vestas Wind Systems is a Danish company headquartered in Aarhus. Its history goes back to 1898, when a blacksmith began a metal workshop in Lem, Denmark. It started building wind turbines in 1979. The company employs thousands of people in plants and offices worldwide. It reports results in euros and has installed turbines in dozens of countries across several continents.
The company designs, manufactures, installs and services wind turbines for onshore and offshore wind farms. It also provides maintenance contracts over many years. Vestas has produced turbines in Denmark, Germany, Spain, India, China and the United States, among other countries.
It is one of the biggest makers of wind turbines by installed capacity. Competitors include Siemens Gamesa, GE Vernova and Chinese firms such as Goldwind. Vestas is listed on Nasdaq Copenhagen. The company reports results in euros and employs thousands of technicians. It has long been the largest turbine maker by installed base outside China. It has factories on several continents.