NKT subsidiary in Slovakia is 1 of 11 cable makers part of an antitrust probe
NKT A/S, through its Czech unit NKT s.r.o., is under investigation by Slovak competition authorities for alleged collusion in the cable sector, which the company denies. The probe involves 11 cable makers and may lead to fines, with a decision expected in six to twelve months. NKT is also being reviewed by Czech regulators, with outcomes still pending.
Multiple manufacturers to supply 5,200 km of underground power cable for France
RTE, the transmission system operator for France, now partners with five key suppliers—Prysmian Group, Nexans, NKT including SolidAl, and Hellenic Cables—to secure underground power cable supply for projects through 2028. Nearly €1 Billion Underground Cable Program RTE launches a cable program that reaches nearly €1 billion in value. The suppliers provide and install about 5,200 km of underground cables […]