Friedrich Vorwerk: The Profiteer of the Energy Transition and Rising Demand for Electricity is Sitting on Over € 1 Billion in Orders!

C. Ferrario
Reading Time: 4 minutes

The energy transition and the expansion of the electricity grids to ensure a stable power supply could cost Germany a good €1.2 trillion in the long term. Three-digit billion euro amounts flow into the electricity grids. As Friedrich Vorwerk proves with the A-Nord order and the offshore grid connection system order for BorWin4 and DolWin4, the company is receiving concrete orders. The hidden champion is likely to receive further orders in the next few years and thus enjoy good sales growth, as the order backlog already stands at €1.045...

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