September 27, 2016 6:09 PM ET

Electrical Equipment

Company Overview of AMSC Windtec GmbH

Company Overview

AMSC Windtec GmbH designs and develops wind power systems and electronic controls and systems. It offers power converters, mechanical engineering services, electrical engineering services, software engineering services, control systems, and drive train solutions; and nacelle control cabinets, converter cabinets, power supply cabinets, internal power supply products, hub cabinets, overvoltage protection products, power caps cabinets, servo pitch motors, tower base cabinets, wind park monitoring systems; and condition monitoring systems. The company serves Japan, China, and Germany markets. It was formerly known as WINDTEC GmbH and changed its name to AMSC Windtec GmbH in 2007. The company was...

Schleppeplatz 5

Klagenfurt,  9020

Austria

Founded in 1995

Phone:

43 463 444 6040

Fax:

43 463 444 6044

Key Executives for AMSC Windtec GmbH

Chief Executive Officer of American Superconductor Corporation
Age: 68
Vice President of AMSC China and General Manager of AMSC China
Compensation as of Fiscal Year 2016.

AMSC Windtec GmbH Key Developments

Court Dismisses Civil Action against Sinovel Wind Group Co., Ltd., AMSC Austria GmbH and Dalian Guotong Electric Co., Ltd

On June 3, 2015, American Superconductor Corporation received notification that the Hainan No. 1 Intermediate People's Court dismissed the civil action captioned (2014) Hainan Yi Zhong Zhi Min Chu Zi No. 2 for software copyright infringement filed by the Company's wholly-owned Chinese subsidiary, Suzhou AMSC Superconductor Co., Ltd. (AMSC China) against Sinovel Wind Group Co. Ltd., a company registered in China and a former licensee of wind turbine technology from the company's wholly-owned Austrian subsidiary, AMSC Austria GmbH, and Dalian Guotong Electric Co. Ltd., a supplier of power converter products to Sinovel, for what it cited was a lack of evidence. In this civil action, AMSC China is seeking a cease and desist order with respect to the unauthorized use of its software, monetary damages of RMB 1.2 million (approximately $0.2 million) for its economic losses (with respect to Guotong only) and reimbursement of all costs and reasonable expenses. The company expects to file an appeal of the Hainan No. 1 Intermediate People's Court's decision with the Hainan Higher People's Court. The Hainan Higher People's Court has discretion to decide whether to hear the appeal.

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Recent Private Companies Transactions

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