Vestas is one of the worlds largest (if not the largest) manufacturer of windmills
. It was founded in 1945 and the word Vestas stood for VEstjysk STålteknik A/S ( vest-juttish steel technic ltd. )
But is was not until 1978 that Vestas began to manufactur windmills
, because of the oil crisis
at that time.
Today Vestas occupies 4.400 people around the world and their market share is 23,4%.