Tag: Claes Westerlind

NKT Expands with €192m Acquisition of SolidAl

Danish cable manufacturer NKT has finalized the acquisition of SolidAl, a prominent Portuguese wire company, from Njord Partners for...

NKT Achieves Record Operational EBITDA Amid Surge in Demand for Offshore Wind Cables

Offshore wind cable manufacturer NKT (NKT.CO) reported a significant surge in operational EBITDA for the fiscal year 2023, reaching...

50Hertz Inks €4.6 Billion Contracts for Vast Cable Network Expansion in Pursuit of Germany’s Climate Neutrality Goal

50Hertz, a prominent player in the energy transmission sector, has sealed substantial project and framework agreements valued at €4.6...

NKT’s Cable-Laying Vessel, NKT Victoria, Certified for Biofuel Use, Significantly Reducing Carbon Footprint

NKT has achieved certification for its cable-laying vessel, NKT Victoria, to operate on biofuels, specifically hydrotreated vegetable oil (HVO)....

NKT Appoints Claes Westerlind as CEO to Strengthen Power Cable Business and Green Transition Focus

NKT, the leading cable manufacturer, has appointed Claes Westerlind as its new President and CEO, replacing Alexander Kara. Westerlind,...