NKT has announced the company is investing more than € 150 million in its high-voltage power cable manufacturing and logistics.
For NKT, the investment program includes a new high-voltage power cable test centre in Cologne, Germany, and the construction of a new extrusion tower for the production site in Karlskrona, Sweden as well as ongoing investments for new machinery and a specially designed barge for transporting offshore power cables on the river Rhine.