Press releases

Kauppalehti article today on selling Moventas is faulty in several aspects

Moventas being sold as one entity.

The article published on Kauppalehti today, September 20, 2011; telling about Moventas being sold in pieces, is faulty in several aspects. It is true that Moventas’ owners are looking for a sustainable proprietary solution for the company – but as one entity. In addition, several numbers, company and customer names are faulty.

The corporate restructuring processes for Moventas Wind Oy and Moventas Santasalo Oy are proceeding as planned and in schedule, business is running as usual.

Jukka Jäämaa
President & CEO
Moventas Wind Oy, Moventas Santasalo Oy
jukka.jaamaa@moventas.com, +358 50 526 7665

About Moventas

Moventas is a wind gearbox technology expert and service provider. Moventas’ technology strives for lowering the cost of energy across the lifecycle of wind energy generation, from superior gearbox design and manufacture to extensive multi-brand service for 20 different turbine brands' gearboxes globally.