EU Recognizes NKT’s High-Voltage Cable Factory Expansion in Sweden as First Net-Zero Strategic Project

The European Union has officially recognized the expansion of NKT’s high-voltage power cable factory in Karlskrona, Sweden, as the first European net-zero strategic project under the EU Net-Zero Industry Act. This designation grants the project national priority status, ensuring accelerated administrative processes and faster permitting. NKT’s significant investment in expanding its factory aims to meet