NKT faces tough balancing act with potential large orders

2018 will be a tough balancing act for NKT's CEO. Larger orders are lacking, but drastic capacity cuts could be premature as increased activity is expected next year.
Photo: NKT, pressefoto
Photo: NKT, pressefoto

The declining order intake on the European market for large cable projects has already had consequences for the employees of NKT. The company's factories in Cologne and Karlskrona have laid off workers in a streamlining effort aimed at saving EUR 10 million in cost.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now


Further reading