Nordex

Nordex SE

Company type	Societas Europaea
Traded as	FWB: NDX1 TecDAX component MDAX component ÖkoDAX component
ISIN	DE000A0D6554
Industry	Wind power industry
Founded	Give, Denmark (1985 (1985))
Headquarters	Rostock, Germany
Key people	José Luis Blanco Diéguez (CEO), Dr. Wolfgang Ziebart (Chairman of the supervisory board)
Products	Wind turbines
Services	Maintenance of wind turbines
Revenue	€6.489 billion (2023)[1]
Operating income	€-208 million (2023)[1]
Net income	€-302 million (2023)[1]
Total assets	€5.725 billion (end 2023)[1]
Total equity	€978 million (end 2023)[1]
Number of employees	10,133 (average, 2023)[1]
Website	www.nordex-online.com

Nordex SE is a European company that designs, sells and manufactures wind turbines. The company's headquarters in the German city of Rostock while management is in Hamburg. Nordex produces at sites in Germany, Brazil, India, Mexico and Poland and, until 2022, in Spain. The main production facility is located at the headquarters in Rostock.^[2] Nordex has branches and subsidiaries in 19 countries. According to the company, it had installed wind turbines with a total capacity of around 50 GW in over 40 countries worldwide by the end of 2023.^[2] The company was founded in 1985 in Give, Denmark. Since then the company steadily grew. In 1995 Nordex was the first company to mass-produce a 1 MW turbine booster. The company Südwind Babcock-Borsig has been fully implented into Nordex on October 1, 2001. Nordex began also producing the turbines of the manufacturer Südwind, which had previously gone bankrupt. Nordex started producing turbines in the 1.5 MW class (ProTec MD 1,500 kW) from 2001 - originally from "pro + pro Energiesysteme" (a subsidiary of aerodyn Energiesysteme GmbH and Denker & Wulf) developed the S70 and later the S77 - under license.

In 2016, the wind turbine manufacture business unit of Spanish conglomerate Acciona, Acciona Windpower, merged with those of Nordex to form Nordex Group.^[3]