Company type | Publicly traded Aktieselskab |
---|---|
Nasdaq Copenhagen: NKT | |
Industry | Power cables |
Founded | 1891 |
Founder | H.P. Prior |
Headquarters | , Denmark |
Key people | Claes westerlind (CEO), Jens Due Olsen (Chairman) |
Products | Power cables |
Revenue | EUR 1.3bn (2021)[1] |
Number of employees | app. 4,100 (2022) |
Website | https://www.nkt.com/ |
NKT A/S (formerly NKT Holding A/S) produces low-, medium- and high-voltage power cable solutions and accessories, primarily focused on the European market. It is best known for its offshore high-voltage DC cables that are connecting offshore wind farms to onshore grids. They have also supplied major interconnector projects that connect regions or countries with high voltage power highways. Their low- and medium-voltage solutions are used to support the build out of the electricity grid and onshore windfarms and solar farms. NKT is also a specialist within building wires on residential, business, and industrial scales.
The company is listed on Nasdaq Copenhagen Copenhagen Stock Exchange. NKT employs approximately 4500 worldwide with production facilities in 10 European countries.