Multiple former employees have revealed that LM Wind Power, the blade manufacturer under GE Vernova, has quietly ceased all its operations in the Netherlands, including a key test center north of Amsterdam.
This news was confirmed through the LinkedIn posts of three former employees, all of them stated that they had left the company due to the business closure. This action marks that this legendary enterprise, which once defined the global standards for wind turbine blades, is shifting from a global strategy to a strategic defensive position of its business.
With over 40 years of experience in the R&D and manufacturing of wind turbine blades, LM Wind Power has produced more than 275,000 blades to date. Nearly one-fifth of the world’s wind turbines feature its products, and it once ranked first in the global market share for wind turbine blades. During its peak period, the company employed tens of thousands of staff and its business scope covered multiple countries and regions around the world. It also had a profound technical foundation and extensive market influence in the field of wind turbine blades.
Although the Dutch branch of LM Wind Power had no production facilities, it served as a central hub for global research and technology development. Notably, Amsterdam was the global headquarters of LM Wind Power from 2014 to 2017, witnessing the Danish company’s rise to its historic zenith.
Today, however, the Amsterdam test center stands deserted. Local media previously reported that the facility had been idle for months. A veteran employee who once worked there bid a reluctant farewell on LinkedIn: “As the last employee, I have closed a chapter on a deeply memorable career.”
This shutdown is no isolated incident, but the inevitable outcome of LM Wind Power’s deepening financial woes. Since being acquired by GE in 2017, the company has accumulated losses of billions of US dollars over nine years under parent company ownership. Financial statements for 2025 show a net loss exceeding DKK 2.6 billion, turning it into a loss-making burden for its parent group.
To survive, LM Wind Power has embarked on a painful strategy of asset restructuring and downsizing:
Downsizing in Denmark: In November 2025, two-thirds of the Danish workforce was laid off, leaving only a core team of 20 to 30 employees — a stark contrast to its former headcount of thousands.
Global asset divestiture: In February 2025, due to the decline in demand in Latin America, the closure of the Brazilian factory leads 1,000 people lost their jobs; in May of the same year, the Polish factory was packaged and sold to competitor Vestas.
Management upheaval: CEO Hanif Mashal departed after just one and a half years in office, succeeded by Nikolaj Toft, fueling further uncertainty at the top.
Currently, GE Vernova has declined to comment on this matter. In Lundskov, Denmark, the only remaining testing center of LM Wind Power is still in operation, but the blade empire that once dominated markets around the globe is clearly a thing of the past.
