* As a result of the agreement, about 320 employees and consultants, primarily based in Sweden, will transfer to NKT Cables * The value of the transaction is SEK 250 million and closing is expected ...
50Hertz, a German transmission system operator, has selected NKT to provide several 525 kV XLPE high-voltage direct current (HVDC) on- and offshore power cable systems for the ongoing development of ...
NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934 million). High voltage cables are key components in sustainable ...
NKT has been awarded three turnkey high-voltage power cable projects for the IJmuiden Ver and Nederwiek Offshore Wind Zones in the Netherlands. The projects have a combined order value of approx. EUR ...
Telecom Lead Europe: Ericsson has sold its power cable business to Danish company NKT Cables for $38 million (SEK 250 million). Ericsson has generated revenues of SEK 1.5 billion from the power cable ...
The new NKT cable-laying vessel was named NKT Victoria at a ceremony at the power cable plant in Karlskrona, Sweden. The act was carried out by the regional Governor of Blekinge and marks the starting ...
The high-voltage power cable market has grown significantly in recent years and the outlook remains positive driven by the transition to renewable energy and electrification of societies. Several ...
The high-voltage power cable market has grown significantly in recent years and the outlook remains positive driven by the transition to renewable energy and electrification of societies. Transmission ...
BRUSSELS (AP) — The European Union has given its approval to the acquisition of the high-voltage cable business of Swiss company ABB by Denmark's NKT Cables. The European Commission said Monday that ...
NKT Cables is acquiring ABB’s global high-voltage cable system business for $934m. High voltage cables are key components in sustainable energy networks, used for transmitting large amounts of ...
NKT has introduced a digital platform namedTrackMyDrum to enable smart handling of cable drums. TrackMyDrum was developed by NKT’s digital hub, THINKT Digital, in close collaboration with German ...