Danish wind firm Vestas cuts 1,900 jobs

April 28 2009 16:13:37

Danish wind firm Vestas cuts 1,900 jobs

Agence France-Presse

Vestas in a statement cited "overcapacity" in its northern European plants, which produce wind turbines for American markets, and said there was also not enough demand in Europe to match current production, making layoffs necessary. The group said its net profits in the first quarter of 2009 were 56 million euros ($73 million).

Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant()

Turkish navy conducts major exercise in Eastern Mediterranean

Over 1,600 nabbed in nationwide crackdown on unlicensed guns

Election body aims to enhance Türkiye’s system by studying int’l voting

Probe launched into DEM Party’s co-chair over remarks

First hearing held in case of 8-year-old’s murder

Greece eyes lasting peace, friendship with Türkiye: Top diplomat

Medical faculties rely on cadaver imports amid severe shortage

WORLD

Israel passes law to deport the families of attackers

Israeli parliament early Nov. 7 passed a law that would allow it to deport family members of Palestinian attackers, including the country’s own citizens, to the war-ravaged Gaza Strip or other locations.

ECONOMY

Türk Telekom posts 1.1 billion liras net income in third quarter

Türk Telekom posted a net income of 1.1 billion Turkish Liras in the third quarter with consolidated revenues rising 15.9 percent year-on-year to 40.35 billion liras.

SPORTS

Galatasaray aims for win in Europa League

Galatasaray hosts Premier League’s Tottenham Hotspur on Nov. 7 in the Europa League, hoping to end its opponent’s winning streak.