NKT

NKT A/S is a Danish power cable producer and accessory manufacturer that designs, manufactures, and installs low-, medium- and high‑voltage cable systems for electricity transmission and distribution. Founded in Copenhagen in 1891, it has evolved into a pure‑play power cable solutions provider and a recognised turnkey AC/DC cable partner for grid operators and energy companies. The company is listed on Nasdaq Copenhagen and reported revenue of EUR 2.6 billion in 2023 and EUR 2.7 billion in 2025, with around 6,000 employees and production facilities in multiple European countries, including high‑voltage factories in Karlskrona, Sweden, and Cologne, Germany. NKT also owns and operates the cable‑laying vessel NKT Victoria and is relocating its headquarters from Brøndby to new offices at Amerika Plads 29 in Copenhagen’s Nordhavn district from January 2026. NKT’s business is organised in three main lines: Transmission, focusing on extra‑high‑voltage HVDC and HVAC systems for interconnectors, offshore wind and power‑from‑shore links; Grid Solutions & Accessories, covering AC onshore projects, grid upgrade services and high‑ and medium‑voltage accessories such as joints and terminations; and Distribution, supplying building wires and low‑ and medium‑voltage cables for power distribution grids, renewable generation, data centres and industrial networks. The company’s portfolio serves interconnectors, hydro and nuclear plants, offshore and onshore wind farms, oil and gas platforms, solar projects and city grids, supported by lifecycle cable services and technology consulting. NKT is a core supplier to European transmission and distribution system operators, with a high‑voltage order backlog of around EUR 10 billion and recent awards including the Bornholm Energy Island link in Denmark and multiple 525 kV HVDC projects in the UK and Germany. Strategically, NKT is executing its “Charging Forward” corporate strategy, which shifts emphasis from capacity build‑out to execution excellence, sustainable competitiveness and technology leadership while targeting organic growth and higher returns towards 2030. It is investing around EUR 2 billion in 2025‑2028 to expand production and installation capacity, including cable accessories facilities in Sweden and offshore trenching capability. Sustainability is central to the company’s positioning: NKT states that it “connects a greener world”, has committed to net‑zero emissions under the Science Based Targets initiative, runs its production sites on green electricity, and pursues decarbonisation measures such as long‑term renewable power purchase agreements, low‑carbon metal sourcing and participation in initiatives like the First Movers Coalition and the Copper Mark programme.