NKT invests €100m in medium-voltage power cable factories in Denmark, Sweden, and Czech Republic, creating 150 jobs by 2025-2026.

NKT invests €100m in medium-voltage power cable factories to boost capacity for growing demand, driven by the transition to renewable energy and grid upgrades. The investments are spread across production sites in Denmark, Sweden, and Czech Republic, with new production capacity expected to be operational by 2025-2026. This expansion will lead to the recruitment of around 150 new employees.