EANS-News: Nordex adjusts production capacity in China

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Subtitle: Work force will be reduced by 130 positions to at the “Dongying” rotor
blade production facility

Layoffs & Downsizing

Hamburg (euro adhoc) - Effective as of the end of 2012, the Nordex Group will
reduce the work force by around 130 positions at its rotor blade production
facility in Dongying. In doing so, it is responding to the declining capacity
utilisation at its Chinese rotor blade production facility and the losses
sustained in China. "By reducing structural costs, we want to take steps to
ensure sustainable profitability in our Chinese activities by the end this
year," explains Jürgen Zeschky, Nordex's CEO.

Until demand in China recovers Nordex will use external suppliers, who have
previously worked for the company, to cover all of its rotor blade requirements
for current and future contracts.

Further inquiry note:
Ralf Peters
Head of Corporate Communication
Tel.: +49 (0)40 300 30 15 22
[email protected]
end of announcement euro adhoc
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company:     Nordex SE
             Langenhorner Chaussee 600
             D-22419 Hamburg
phone:       +49 (0)40 30030-1000
FAX:         +49 (0)40 30030-1101
mail:        [email protected]
WWW:         http://www.nordex-online.com
sector:      Alternative energy
ISIN:        DE000A0D6554, DE0000A0D66L2
indexes:     TecDAX, CDAX, HDAX, Prime All Share, Technology All Share, ÖkoDAX

stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | CNE

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