* 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 ...
ZURICH--(BUSINESS WIRE)--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 ...
Power cable manufacturer NKT has secured a significant framework agreement with Dutch distribution system operator Enexis Netbeheer to supply medium voltage (MV) power cables. The move is part of an ...
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 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 ...
NKT will sign a joint venture agreement with Taiwanese cable company, Walsin Lihwa, to provide technical support for the construction of the first subsea power cable factory in Taiwan. The factory ...
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 ...
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 ...
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 ...
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