NKT invests EUR 100M to expand medium-voltage cable capacity in Europe

NKT is investing approximately EUR 100 million to add medium-voltage power cable production capacity and capabilities at its factories in Asnaes, Denmark; Falun, Sweden; and Velke Meziříčí, Czech Republic, to meet growing demand from grid upgrades and renewable energy projects.

“NKT is investing in additional production capacity and capabilities at its medium-voltage factories in Denmark, Sweden and Czech Republic.”investors.nkt.com

• 2 sources
• investors.nkt.comNKT I NKT invests in medium-voltage power cable business to boost capacity for growing demandApr 4, 2024
• wirenet.orgNKT Medium-Voltage Power Cable Investment in EuropeWJI staff, wire servicesMay 3, 2024

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