… AS THE DANISH COMPANY NKT REINVESTS IN THEIR HIGH-VOLTAGE FACTORY
The Danish company NKT, a leading manufacturer of high voltage cables, announced on Friday that a large investment will be made to increase capacity at the factory in Karlskrona. As part of the investment, NKT will, among other things, build a third cable tower, which is estimated to be one of Sweden’s tallest buildings, to greatly increase its production of high-voltage cables. Business Sweden has worked together with the company, Karlskrona municipality, Region Blekinge, Blekinge Institute of Technology and other actors to make the investment a reality.
The expansion is expected to create more than 500 new direct jobs at the factory in Karlskrona as well as indirect jobs in the manufacturing industry and to develop the high-tech marine cluster in the Region. High voltage cables are an enabler for increased installation of renewable energy sources and an important part of the green transition, both in Sweden and abroad.NKT’s investment will contribute to Europe’s ability to develop the distribution of renewable energy sources and increase technological development in Blekinge and Sweden. The investment is a strategically important part of driving the green transition and meeting the increased demand for high-voltage cables on the world market.
To develop future export solutions and competence supply needs, the investment will also lead to the region’s cluster and innovation ecosystem being further strengthened into a world-leading node for research and development in marine technology. This through continued close cooperation between the industrial players, the public sector and Blekinge Institute of Technology.
Quote from Jan Larsson, CEO of Business Sweden:
“It is gratifying that NKT is now further expanding its production and development in Karlskrona. This investment will not only put Karlskrona and Blekinge on the map, but also have great significance for Sweden as a whole within the green transition and underwater technology.”
Business Sweden has worked closely with the company, Karlskrona municipality, Region Blekinge, and Blekinge Institute of Technology during the process.
Quote from Claes Westerlind, site manager for NKT’s cable factory in Karlskrona:
“We have had a good and productive collaboration with national and local actors such as Business Sweden, Karlskrona municipality, Region Blekinge and Blekinge University of Technology, who have worked purposefully to create the necessary framework for our future expansion in Karlskrona. We look forward to continuing the collaboration in the coming years and creating growth in the local area to support the green transition.”
Quote from Emma Swahn Nilsson, chairman of the municipal board in Karlskrona:“This is incredibly gratifying for all of Karlskrona and NKT’s large new order means strong growth for the municipality with several hundred new jobs. With an investment like this, Karlskrona solidifies its position as Sweden’s marine capital.”
– The news that NKT is expanding in Karlskrona is very gratifying and has great significance for the whole of Blekinge. This leads to increased growth and many new job opportunities, not only for the company but also for various subcontractors. The investment shows that Blekinge has a leading position in marine technology development, and it contributes to the green transformation of society. This is a very important step in the further development of the county.
Christina Mattisson
Chairman of the Regional Board
Quote from Andreas Larsson, Vice Chancellor for Strategic Partnerships at Blekinge Institute of Technology: “The investment is a result of a close collaboration between business, academia and the public sector, where we jointly create the conditions to accelerate the digital and sustainable transition. Together, we join forces to create a leading ecosystem for competence supply, research and innovation in the marine engineering field.”