# NKT invests over €150 million in high-voltage power cable factories

NKT announced an investment program of more than €150 million in its high-voltage power cable manufacturing and logistics, including a new test centre in Cologne, Germany, and a new extrusion tower in Karlskrona, Sweden.

- Type: Investment
- Announced: 2021-05-10
- Where: Cologne, Germany; Karlskrona, Sweden, Germany
- Value: $182.0M (150.0M EUR)
- Status: announced
- Products: high-voltage power cables
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

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

## Sources

- [windtech-international.com](https://windtech-international.com/company-news/nkt-invests-in-its-high-voltage-power-cable-factories), 2021-05-10: "NKT has announced the company is investing more than € 150 million in its high-voltage power cable manufacturing and logistics."

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