Foundation Specialist Sif Fears for Its Survival

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Wind turbine foundation specialist Sif has still not found a solution to the company's financial problems, despite solid performance in the past quarter. The company, which has production facilities in the Netherlands in Roermond and in Rotterdam on the Tweede Maasvlakte, already warned last summer that the offshore wind industry is in its deepest crisis since its inception some 25 years ago.

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ROERMOND (ANP) - Wind turbine foundation specialist Sif has still not found a solution to the company's financial problems, despite solid performance in the past quarter. The company, which has production facilities in the Netherlands in Roermond and in Rotterdam on the Tweede Ma...