NKT speeds up Karlskrona offshore power cable factory expansion, targets Q2 2027 start
Bitget2026/09/29 05:31- NKT accelerated its Karlskrona, Sweden expansion, positioning the site as the world’s largest offshore power cable factory.
- Commercial operations now expected to start in Q2 2027, slightly ahead of the original plan.
- Expansion supports delivery of the Transmission order backlog, underpinning financial ambitions for 2030.
- Execution continues on a EUR 2 billion investment program focused on capacity buildout, cash generation, capital discipline.
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