Share Issue News
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The company aims at growth by increasing equity. The goal for this
share issue is to raise funds for manufacturing larger series, for marketing
efforts and product development. Another goal is to develop wind turbine
systems mountable onto buildings. The current small Windside wind turbines
for battery charging, are mainly used by professionals at sea conditions and
serve as source of electricity at summer cabins in the private sector -
already in more than 40 countries. |
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Currently, there are nearly 300 share
holders in the company, major part of which are Finnish. Growth of turnover
during last accounting period (30.6.2004) was 55% and the same pace could be
seen around the turn of the year. Major
part of the turnover comes from export. Today
the company has distributors in 10 countries. |
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Oy Windside Production Ltd |
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