# Skanska signs SEK 1.2B contract for NKT cable factory expansion in Karlskrona

Skanska signed a SEK 1.2 billion contract with NKT HV Cables AB for part 2 of construction and installation works at the expansion of NKT's cable factory in Karlskrona, Sweden. The work will commence immediately and is planned to be completed by May 2026.

- Type: Contract
- Announced: 2024-12-09
- Where: Karlskrona, Sweden
- Value: $110.0M (1.20B SEK)
- Status: announced
- Products: cable factory, power cables
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Skanska](https://endata.com/companies/2926.md) (partner)
- [NKT HV Cables](https://endata.com/companies/40862.md) (customer)

## Sources

- [news.cision.com](https://news.cision.com/skanska/r/skanska-signs-contract-for-the-next-part-of-nkt-s-cable-factory-in-karlskrona--sweden--worth-about-s,c4077117), 2024-12-09: "The new contract covers part 2 of construction and installation works for the tower building and associated side buildings."

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