Yingli Green Energy Holding Company Limited announced that it has completed the restructure of sales network in Europe and relocated its European headquarters in Madrid, Spain.
"The restructure of Yingli Europe will leave us a more centralized sales network in Europe. It will improve our operational efficiency and cost effectiveness in Europe," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli. "We believe that, as a veteran in Yingli and PV industry, Mr. Fernando can help us to better serve customers in Europe and other overseas markets due to his proven track record and achievements."
"The new structure will aloud to adapt our teams faster and efficiently to the new market conditions. I am enthusiastic and confident on the bright future of the growing PV demand's trend and the good positioning of Yingli due to our high quality and reliable products recognized worldwide", said Mr. Fernando Calisalvo, the Managing Director of Yingli Europe.