Top investor in the Czech RepublicPublished 10 July 2007
nkt cables is one of a number of companies to have earned recognition as a major investor in the Czech Republic. The Czech government recognises companies that choose to make major business investments in the country.
The judges of the Top Investor Award said: “The investors were chosen for their noteworthy efforts, even though they are not necessarily the biggest or most well-known. Nevertheless, combined they have invested an amount of some DKK 10 billion.”
The award was given to the 12 companies on 20 June when they attended a celebration at the Czech Embassy in Copenhagen.
The nkt cables Group was represented by Asger Bruun-Christensen, its COO, and by Ole Meldgaard, CFO of nkt cables in Denmark.
nkt cables has three production plants in the Czech Republic. They employ 1,300 people. The Czech Republic has a lot going for it: it is centrally located in Europe, has a business-friendly climate and it is easy to employ highly qualified people. This led nkt cables to settle on the country as its central European production centre for several cable products which are then marketed throughout Europe.