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Orsted unveils employee-elected board members - reNews - Renewable Energy News

Orsted unveils employee-elected board members - reNews - Renewable Energy News
renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.

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WindAction | Danish wind giant's abysmal 3 months have a lot to do with America, 'the most painful' part of its portfolio

Now Orsted has announced a much bigger overhaul is in the works—and it involves job cuts, the suspension of dividends at least until 2025, and its exit from several European markets. The Copenhagen-listed company’s CEO, Mads Nipper, said in a release Wednesday the changes were aimed at reducing risks and turning Orsted into a “leaner and more efficient organization.” The company, which currently employs over 9,000 people, will trim up to 800 jobs globally and halt dividend payments until 2025. That’s not all—Orsted also plans to quit its markets in Norway, Spain, and Portugal as part of the new effort.   ....

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Capital Markets Update: Ørsted presents updated business plan following comprehensive portfolio review - Thomas Thune Andersen steps down as Chair at upcoming AGM

Capital Markets Update: Ørsted presents updated business plan following comprehensive portfolio review - Thomas Thune Andersen steps down as Chair at upcoming AGM
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Wind farm operator Orsted forced to cut hundreds of jobs

Ørsted quits several global markets and scales back offshore projects amid strong headwinds ....

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Offshore wind firm Orsted cuts investment, targets after review

COPENHAGEN -Orsted, the world s biggest offshore wind farm developer, trimmed its investment and capacity targets on Wednesday and paused dividend payouts as part of a major review..
-February 07, 2024 at 03:47 am EST
- MarketScreener ....

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