Daewoo may produce wind turbines at Romanian shipyard

Korean industrial giant Daewoo Shipbuilding and Marine Engineering could start producing wind turbines from a shipyard it owns in Romania, depending on European demand, officials say. Daewoo controls Daewoo-Mangalia Heavy Industries, which builds ships in the Romanian Black Sea port of Constanta.
Romania and neighbouring Bulgaria are among the fastest growing turbine markets in Europe.
Daewoo has said that as much as 30% of its earnings could come from wind turbines by 2020.
The Korean conglomerate bought California-based turbine manufacturer DeWind last year, which gave it access to tried and tested designs and a factory in the US.
Daewoo is also developing an offshore turbine and plans to open a plant in China by the end of the year.