NKT’s Post

To support growing demand for medium-voltage power cables in Europe, NKT’s sites in Velke Meziříčí, Czech Republic and Falun, Sweden, have finalized their respective investment plans, on schedule and on budget. The new production lines are now operational, enhancing both capacity and capabilities to increase output. - We are excited to conclude the expansion of production capacity at our sites in Velke Meziříčí and Falun. The projects have run according to schedule and budget, and did not disrupt existing production during the process. With a strong orderbook, the sites are well positioned to support Europe’s need to upgrade its aging electricity grid and connect more renewable power projects. We look forward to supplying more medium-voltage power cables to key European markets in the years to come, says Carlos Fernandez, EVP, Head of Applications in NKT. Read the press release here, https://lnkd.in/dNG2yPDm