The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.32 - Manufacture Of Other Electronic And Electric Wires And Cables
100 jobs Number of planned job creations
Announcement Date
8 April 2024
Employment effect (start)
8 April 2024
Foreseen end date
Description
NKT is investing a significant amount in expanding its production capacity at the Asnæs factory, driven by the increasing demand for medium-voltage cables due to the transition to renewable energy and electrification. This expansion will create approximately 100 new jobs in Asnæs which is supported by an investment of about 100 million Euro.
The investment aims to support market demand and strengthen NKT’s role in the green transition and modernity.
According to the source, the local government support for infrastructure improvements is crucial for this expansion.
Eurofound (2024), NKT, Business expansion in Denmark, factsheet number 201650, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201650.
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