Suzlon Energy, has shifted most of its management operations back to its headquarters in Pune.
Two years earlier, it had set up a Group Management Centre in Amsterdam, Netherlands, to run its global business, spanning 21 countries. Instead, Suzlon will soon inaugurate a new campus in Pune with a ‘world class work environment’ for about 2,500 employees, named ‘Suzlon One Earth’. This Centre will act as the new global headquarters and the hub for its operations worldwide, said sources.
Tulsi R Tanti, chairman and managing director, had told Business Standard in January last year that while the corporate headquarters would remain in Pune, the global business would span out from Amsterdam, since that offered locational and operational advantages for Suzlon’s business. Europe is the largest market for wind energy players, as it generates half of the total global wind power.
Suzlon’s acquisition of Belgium-based Hansen Transmissions in 2006 and German wind turbine maker REpower a year later had also had prompted it to operate out of Amsterdam.
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