# NKT invests billions in Karlskrona cable factory and builds 150-meter tower

NKT is expanding its high-voltage cable production facility in Karlskrona, Sweden, and beginning construction of a new 150-meter tall cable tower. The investment is driven by a record order book and growing demand for power cable systems.

- Type: Expansion
- Announced: 2021-05-10
- Where: Karlskrona, Sweden
- Status: under construction
- Products: high-voltage power cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [NKT](https://endata.com/companies/15394.md)

## Sources

- [nkt-no.com](https://www.nkt-no.com/pressemeldinger-og-arrangementer/nkt-invests-in-its-high-voltage-power-cable-factories-to-prepare-for-green-growth), 2021-05-10: "NKT is expanding its high-voltage production sites to execute on a record high order backlog and to prepare for growing market demand for power cable systems driven by the transition to renewable energy."
- [nkt.se](https://www.nkt.se/pressmeddelanden-och-evenemang/nkt-investerar-miljardbelopp-i-kabelfabriken-i-karlskrona-och-bygger-sveriges-tredje-hoegsta-torn), 2021-05-10: "NKT utökar sin kabelproduktionsanläggning i Karlskrona för högspänning för att genomföra en rekordhög orderstock och förbereda sig för en växande efterfrågan av kraftkabelsystem, som drivs av den globala övergången till förnybar energi."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.