Elcowire Group acquires NKT’s Railway business
Elcowire Group is the largest manufacturer of copper wire rod in the Nordic region. Operations are located in Sweden, Germany and China. The largest unit – Elektrokoppar in Helsingborg, Sweden – produces about 130.000 ton of copper wire rod annually.The copper wire rod is refined and processed to form drawn wire power, telecom and installation cables, profiles for land and submarine cables, commutators for electric engines and contact wire and other products used in electric powered railways.Elcowire Group AB has entered into an agreement to acquire NKT’s Railway business. Acquiring the