Helical gearbox H4 adequate Waterairoil cooler Variation of the foll H4-FH23-B

Flender/Flender Gear Units/Helical gearbox H4

ke profits from sufficiently high levelof activity. Similarly, the results for the last months of the year demonstrate that the internal precondi-tions for dealing with high level of activity,and thus generating satisfactory profitability,are in place. NEG Micon estimates that the total global market for wind power in 2 amounted toapproximately 4,3 MW, of which NEGMicon delivered around 6 MW.This is equivalent to global market share of approximately 1 per cent in 2, comparedto almost 1 per cent in 1. There are twomain reasons for this. Firstly, number ofmajor projects in Spain were hit by delays.Secondly, NEG Micon consciously focused onconsolidation in the wake of the reorganisa-tion of the company that was implemented inresponse to the crisis in 1. NEG Micon succeeded in maintaining its shares of the core markets of Denmark andGermany, although it lost some ground inSpain and the United States. In Germany, NEG Micon supplied 1 MW out of total market of 1,6 MW in 2,which is equivalent to market share of 1per cent. (Source: BWE January . In Spain, NEG Micon delivered 5 MW, which corresponds to market share of 7 per cent ofestimated installed total for 2 of 8 MW. In Denmark, NEG Micon supplied 2 MW out of total market of 6 MW in 2,which is equivalent to market share of4 per cent. Second half year of 2 illustrated NEG Micons ability to make profits from sufficiently high level of activity. The United States and Spain adversely affected turnover NEG Micon generated turnover of DKK 4 billion in 2, which is less than in 1.This is primarily attributable to sales in theUnited States, where the market was excep-tionally large in 1 due to the PTC(Production Tax Credit) programme, and inSpain, where postponed approvals delayed anumber of major projects. On the other hand,the other core markets of Denmark andGermany have lived up to expectations. Market Division Denmark In Market Division Denmark, which coversScandinavia and European export marketsin which NEG Mic