NKT AS - Company Profile
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NKT AS (NKT) is an industrial equipment company. It develops, manufactures, and markets cables, accessories and solutions for electrical infrastructure, construction, and railway industries. The company’s offerings include high, low, and medium-voltage AC and DC power cables; building wires; telecom cables; HV accessories; and fiber-based photonic components. The company's solutions find application in interconnections, hydro-electric and nuclear power plants, oil and gas platforms and solar energy, onshore and offshore wind farms. It has manufacturing facilities across Europe and sales offices across the world. NKT is headquartered in Brondby, Denmark.
NKT AS premium industry data and analytics
Products and Services
Products | Services |
---|---|
- | - |
High Voltage Cable Solutions | Cable Services |
Medium Voltage | Technology Consulting |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In March, the company signed a strategic partnership with Hydro to increase the shift towards low-carbon aluminum and accelerate its role in reducing the carbon footprint of power cables. |
2024 | Contracts/Agreements | In March, the company was awarded a contract from Amprion to provide onshore power cable systems for high-voltage alternating current and direct current. |
2024 | Contracts/Agreements | In March, the company partnered with Hydro to create a top-tier, eco-friendly aluminum power cable value chain for Europe's renewable energy grid development. |
Competitor Comparison
Key Parameters | NKT AS | Prysmian SpA | Nexans SA | Leoni AG | Reka Industrial Plc |
---|---|---|---|---|---|
Headquarters | Denmark | Italy | France | Germany | Finland |
City | Broendby | Milano | Courbevoie | Nuernberg | Hyvinkaa |
State/Province | Greenland | - | Centre | Bayern | - |
No. of Employees | 4,473 | 30,401 | 26,910 | 95,090 | 398 |
Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Jens Due Olsen | Chairman | Executive Board | - | 60 |
Line Andrea Fandrup | Executive Vice President; Chief Financial Officer | Senior Management | 2020 | 44 |
Anders Jensen | Executive Vice President; Chief Technology Officer | Senior Management | 2018 | 59 |
Kira Johnson | Executive Vice President; Chief Human Resources Officer | Senior Management | 2021 | 49 |
Claes Westerlind | President; Chief Executive Officer | Executive Board | 2023 | 41 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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