Was it false reporting, when back in 2012 Vestas initiated a police case against dismissed CFO Henrik Nørremark? The question will be further investigated by the Danish economic crimes unit after Nørremark's US advisor reported Vestas to the state prosecutor. This is according to Danish business news daily Børsen.
Nørremark's advisor believes that Vestas, including current chairman Berg Nordberg, former chairman Bent Carlsen, and former CEO Ditlev Engel were aware that their report against Henrik Nørremark for embezzlement of DKK 140 million (EUR 19 million) did not hold water. Nevertheless, they went to the economic crimes unit which dropped the case in 2015 and then Vestas settled with Nørremark in 2016.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Vestas awaits clarity on major US green energy funding
After a second quarter that, to put it mildly, was disappointing on order intake, the Danish wind turbine manufacturer intends to maintain its price strategy. Major green energy funding from the US spells promise, but Vestas is waiting for final clarity.
KK Wind Solutions ready to "immediately scale" asset purchase from Vestas
With the takeover of Vestas' converter and control systems business, KK Wind Solutions has more than doubled its personnel head count in less than four years.
Vestas books deficit of EUR 147m in Q2
As expected, the Danish OEM struggled through yet another quarter of ongoing supply chain problems dominating the company’s financial results.
Ørsted extends climate ambitions to supply chain
The Danish power company wants all of its suppliers to exclusively utilize renewable energy from 2025.
Media: Russia blocks Western utilities' asset sales
According to Russian media Kommersant, the country’s authorities have frozen divestments of, among others, Enel and Fortum’s power plants and wind farms. The Finnish utility is analyzing the situation, however without confirming implication.
Financial consultant for the district heating area 
Heat pump Consultant and Coordinator 
Program manager for project portfolio on future energy storage 
Adm. Director of Svendborg District Heating 
Director/VP til VP Engineering & Design 
Legal Manager, Compliance and Regulatory 
Senior Transaction Manager, M&A and Project Financing 
A lawyer (chief consultant) is wanted for People & Culture 
Head for biogas and compressors 
HV Specialist for newly created position 
Financial Analyst 
GMP Compliance Consultant to Eltronic in Ballerup