Enercon headed for half a billion in deficit

The German wind turbine maker is heading towards a crushing deficit of more than EUR 500 million and is now in intense negotiations with its banks.

BY RITZAU FINANS

German wind turbine manufacturer Enercon has been greatly impacted by a collapse in its domestic market, and this year it expects a crushing deficit of more than EUR 500 million.

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German turbine maker fires 3,000 staff
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