- CEO
- Claes Westerlind
- Full Time Employees
- 5,673
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Address
- Amerika Plads 29 Copenhagen CR Denmark 2605
- IPO Date
- May 4, 2020
- Business
- NKT A/S, a leading global provider of power cable solutions, designs, manufactures and installs low-, medium- and high-voltage onshore and offshore cables and accessories primarily for the energy transmission and distribution sector; its Solutions business line supplies HVDC and HVAC power cables for interconnectors, offshore wind farms and power-from-shore applications; Applications offers building wires, low- and medium-voltage power cables for residential, commercial, industrial, telecom and renewable energy projects including onshore wind and solar; Accessories provides cable joints, connectors and terminations rated 12-550 kV; and Service and Installation delivers jointing, repair, monitoring and laying services for on- and offshore cables. Founded in 1891 and headquartered in Brøndby, Denmark, with main production facilities across northern Europe in over 10 countries and operations in more than 37 markets worldwide, the company serves utilities, renewable developers and industrial customers focused on grid upgrades and electrification. Recent developments include the 2024 acquisition of Portugal-based SolidAl to expand medium- and high-voltage production capacity; the divestiture of NKT Photonics to concentrate fully on power cables; selection as preferred bidder for the Scotland-England high-voltage interconnector in September 2025; award of the Bornholm Energy Island-Zealand cable project in Denmark in September 2025; launch of the new Charging Forward strategy with medium-term financial ambitions for 2030 in November 2025 alongside confirmation of 2028 targets exceeding EUR 700 million operational EBITDA; an upward revision of 2028 financial goals and capex plans to approximately EUR 2 billion through 2028 in December 2024; and relocation of headquarters to Amerika Plads 29 in Copenhagen's Nordhavn district effective January 2026.