NKT A/S (formerly NKT Holding A/S) is a Danish power cable producer and accessory manufacturer based in Copenhagen. The company is listed on the Nasdaq Copenhagen and has approximately 6000 employees with production facilities in 10 European countries.
It is best known for its offshore high-voltage DC cables that are used to connect offshore wind farms to onshore grids. They have also supplied projects with high voltage power highways and are a specialist within building wires for residential, business, and industrial sites.
History
The company was founded in 1891 by Hans Peter Prior, who would later become chairman of the Danish industry council, under the name of Nordisk Elektrisk Ledningstraad og Kabel-Fabrik. It quickly expanded, buying up other companies. A new factory on Ryesgade was inaugurated. In 1898, it was named Nordiske Kabel og Traadfabrik, from which is derived its current name: NKT.
A new cable factory was constructed at La Cour Vej in 1907 and a new head office was constructed next to the factory in the 1930s.[2]
Over the next decades the company was active in a number of sectors outside the cable industry, including glass, aluminium, steel,