The Danish Supreme Court has judged that Orsted has the right to use the Orsted moniker, following a legal challenge by seven bearers of the same name.
Orsted said the Supreme Court’s decision to uphold its claim to use the Orsted name, means that the case has been brought to a final close.
The company announced in October 2017 that it was changing its name from Dong Energy to Orsted, as a tribute to the Danish scientist Hans Christian Orsted who discovered electromagnetism in 1820.
It also said the company had been using the name for over a 100 years through ownership of the HC Orsted Power Station.
In January 2018, an action was brought against Orsted by three descendants of Hans Christian Orsted, later to be joined by four more.
The case was heard by the Copenhagen Maritime and Commercial Court in March 2019, and the court found in favour of Orsted in May 2019.
This judgment was appealed to the Danish Supreme Court in June 2019.
Orsted chief executive Henrik Poulsen said: “We’re very pleased that the Danish Supreme Court has ruled in favour of our right to use the name Orsted, and that this case has now been brought to an end.
“We changed our name to Orsted in 2017 as a tribute to Hans Christian Orsted, one of the greatest Danish scientists of all time.
“He discovered electromagnetism 200 years ago, thereby laying the foundation for the way we produce electricity today.
“Therefore, we believe that Orsted is the right name for our company, and we’re pleased that the Danish Supreme Court has upheld our right to use the name.”
The company added that it collaborates with the Danish societies HC Orsted Selskabet and the Danish Society for the Dissemination of Natural Science founded by Hans Christian Orsted on increasing the awareness of Hans Christian Orsted and his discoveries.
Orsted said that the decision does not change its previously announced outlook for the 2020 financial year or the expected investment level announced for 2020.