Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email in the first instance.

 Information  X 
Enter a valid email address

Hansen Transmissions (HSN)

  Print      Mail a friend

Friday 13 June, 2008

Hansen Transmissions

Lommel Opening and 20,000th g

RNS Number : 7092W
Hansen Transmissions International
13 June 2008

Hansen reaches milestone of 20,000th

wind turbine gearbox

Minister-President Kris Peeters opens 

expanded Hansen factory in Lommel

Lommel, Belgium, 13 June, 2008 - Yesterday, on 12 June 2008, Hansen Transmissions expanded factory in Lommel, Belgium was officially opened by Flemish Minister-President Kris Peeters. The Minister-President also unveiled the recently obtained ISO 14001 environmental certificate and he assisted in the final assembly of Hansen's twenty-thousandth (20,000th) wind turbine gearbox. The investment in the Lommel factory expansion was around Euros €180 million where Hansen employs over 800 people.


Total investment of Euros €280 million in Lommel 

Hansen Transmissions expanded factory in Lommel was officially opened by Flemish Minister-President Kris Peeters. The full production capacity in Lommel now amounts to 6,000 Megawatt on a total built-on surface of 110,000 m2

Flemish Minister-President Kris Peeters commented'Hansen is a Flemish high-technology company with an impressive international success story. Over the past year, Hansen has achieved great results, with the expansion of the Lommel plant and the listing of its shares on the London Stock Exchange as notable highlights. Hansen's planned expansion projects in India and China are also impressive.' 

In August 2002, Hansen began the construction of the Lommel factory in order to meet the growing demand for wind turbine gearboxes. Further expansion at its original factory in Edegem was ruled out given its proximity to a residential area. The fully integrated factory in Lommel, which then covered a surface of 45,000 m2 and involved an investment of Euros €100 million, was opened in 2004. Today, the expanded facility, for the production of multi-megawatt wind turbine gearboxes, is complete following an investment of a further Euros €180 million. 

Ivan Brems, CEO of Hansen Transmissions, commented'Over the coming years, Europe will remain the largest market in the world for wind energy and this, plus the further growth of the international wind energy market, supports our strategic ambitions. Thanks to the unique location of the fully integrated production plant in Lommel and a team of more than 800 highly qualified and experienced employees, we are capable of meeting the various needs and quality demands of this fast-growing industry. Today, we supply four of the five largest turbine constructors and together, our clients represent over 60% of the market for gearbox-driven wind turbines.' 

20,000th wind turbine gearbox

At the end of the seventies, Hansen began the production of wind turbine gearboxes. The growing need for energy - for example in China and India - the increasing awareness of global warming, the Kyoto protocol and the decreasing production costs for wind, the world's fastest-growing energy source, all mean that Hansen dedicates the majority of its gearbox production capacity to wind turbine gearboxes. Today, the twenty-thousandth (20,000th) wind turbine gearbox is standing on the assembly floor. It is destined for Vestas, Hansen's largest wind energy client. 

Mr. Søren Husted, President of Vestas Nacelles A/S comments: 'Vestas and Hansen go back a long way. Our business relationship started in 1979 when Hansen supplied its first gearbox to Vestas. Since that time, we have seen both businesses grow dynamically and we have been able to develop our strong cooperation alongside this in an equally dynamic way. It gives me great pleasure to witness the assembly of Hansen's 20,000th gearbox today, which will soon reach its final destination, producing energy in one of our many wind turbines across the world.'

Over 800 employees in Lommel - and still growing fast

When the factory in Lommel opened in May 2004, it employed 193 people. Over the past four years that number has quadrupled to over 800 people. Today, Hansen is very actively looking for engineers for both the production departments and the R&D department. In addition, there is a constant need for CNC operators as well as additional resource within the quality department and the machine maintenance department.

ISO 14001 environmental certificate

Hansen's environmental care system in Lommel is certified by Lloyd's Register with the ISO 14001 norm. 'Hansen aspires to the highest standards when managing its impact on any form of pollution. Via an environmental management system, we address several issues in our company policy. Obtaining the ISO 14001 certificate is a recognised reward for the dedicated effort that Hansen has made,' said Stefan Lammens, Managing Director Business Unit Wind Energy. Decreasing general energy use, keeping an inventory of available raw materials, reducing the use of chemical agents, further dividing waste flows, and introducing a complete waste management system are just a few targets that have been included in Hansen's annual action plan. 

For further information, please contact:

Lena De Wachter - Communications & Product Promotion +32 3 450 12 11


Sarah Hamilton - +44 20 7153 1538

Elly Williamson - +44 20 7153 1539


About Hansen Transmissions

Hansen Transmissions is an established global wind turbine gearbox and industrial gearbox designer, manufacturer and supplier, with a leading position (by MW supplied) in the wind turbine gearbox market. The company supplies gearboxes to four of the five largest manufacturers of gear-driven wind turbines globally and provides durable gear drives for a wide range of industrial applications throughout the world. Hansen plans to increase its wind turbine gearbox manufacturing capabilities, from 3,800 MW per annum in the financial year 2007 to 14,300 MW, by financial year 2012. In addition to its principal manufacturing facilities in Belgium - comprising a wind turbine and industrial gearbox plant at Edegem and a fully integrated state-of-the-art dedicated wind turbine gearbox manufacturing facility at Lommel - Hansen has a large new plant under construction in Coimbatore, India and has selected a 250,000 m² site in the Beichen Hi-tech Industrial park in Tianjin, China to construct a production plant for wind turbine gearboxes for the Chinese market. Hansen has strong research and development operations to maintain its technological leadership and employs more than 1,800 people worldwide.

This information is provided by RNS
The company news service from the London Stock Exchange