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Vestas Shelves Plan for Polish Wind Turbine Factory on Low European Demand

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Vestas Wind Systems VWS -3.14%decrease; red down pointing triangle said lower demand in Europe has pushed it to pause the planned construction of a new factory in Poland.

The Danish wind turbine maker last year unveiled plans to build a new blade factory in Szczecin, near the Baltic Sea coast, to support Europe’s build-out of offshore wind parks.

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Dominic Chopping

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