Deutsche Börse ejects Nordex from indicies

Despite having finally set a release date on its delayed financial statement, the German OEM is now removed from two of its home country’s indicies for breaching basic criteria. This can carry consequences, Nordex acknowledges.
Photo: Nordex/OVE ARSCHOLL
Photo: Nordex/OVE ARSCHOLL
BY MAZ PLECHINGER, TRANSLATED BY DANIEL FRANK CHRISTENSEN

Starting Monday next week, wind turbine manufacturer Nordex will no longer be found on two German indicies SDAX and TecDAX, two platforms respectively featuring smaller, technology-oriented companies, Deutsche Börse informs in a statement, citing violation of basic criteria.

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    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Foto: Senvion

    Nordex restarts production in the US

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