NKT aims to gain ground on industry's top dog
The Danish cable manufacturer plans to conquer the US and go head-to-head with industry giant Prysmian following the ABB acquisition and the introduction of a new cable system.
NKT has built up serious muscle in the fight for the cable market. After finalizing the takeover of the high-voltage division from Swedish/Swiss ABB, the cable maker inaugurated the brand new cable-laying vessel Victoria this past month introducing a Direct Current (DC) cable of 640 kV. The ship has tonnage of 11,500, and NKT now seems to have grown into the role of industry major.
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