Commenting on the initiative, Repower Systems CEO Andreas Nauen said that the company is expecting to meet the challenges in the offshore wind sector by achieving the cost savings.

"This is a pre-requisite for being able to react to market conditions more quickly and with greater flexibility. Only in this way will we remain a reliable partner with products tailored to meet our customers’ requirements," added Nauen.

REpower Systems noted that the company will collaborate with the employee representatives in order to provide solutions for those affected by these cuts.

The number of enforced redundancies is to be kept as low as possible by means of natural fluctuation, financial incentives for contract termination agreements and expiring fixed-term employment contracts.

REpower Systems SE is a manufacturer of onshore and offshore wind turbines and is represented by distribution partners, subsidiaries and participations in European markets such as France, Belgium, the UK, Italy, Portugal, Romania, Sweden, Poland and Spain as well as on a global level in the USA, China, Australia and Canada.