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December 22, 2024

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Nexans to Double Medical Cable Production Capacity with EUR 4.5 Million Investment

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The investment will enable Nexans to meet the growing demand for medical micro-cables used in invasive surgery. The Newsense micro-cables will be produced by machines entirely designed and manufactured by Nexans at its Draveil site outside Paris. Jun 26, 2024 Nexans has announced an investment of EUR 4.5 million in......
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Nexans Signs Ground-Breaking Service Level Contract with Equinor

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The four-year agreement covers approximately 3,000 km of cable. It includes turnkey repair services for various cable systems by Nexans, while Equinor will manage and operate the contract on behalf of the Pipeline Repair and Subsea Intervention (PRSI) Pool members.  May 6, 2024 Nexans, leader in the design and manufacturing......
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Nexans Enhances Portfolio in Europe with an Agreement to Acquire La Triveneta Cavi

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Nexans has announced the signing of the agreement to acquire La Triveneta Cavi to become a global electrification pure player. The strategic move will enable the acceleration of new sustainable offer launches in high-demand markets. Feb 10, 2024 Nexans, a leader in the global energy transition, announced the signing of......
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Nexans Awarded Major Contract by Leading Power Utility to Support Energy Transition in Italy

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Nexans will supply 6,000 km of low and medium voltage power distribution cables & services to support energy transition in Italy, beginning February 2024, for a duration of 16 months. Feb 18, 2024 While demand in electricity is booming, cables and accessories are key elements of the electricity value chain......
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Nexans Signs Two MoUs Worth EUR 100 Million with the Moroccan Government for 3rd Cable Plant in Morocco

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Nexans and the Moroccan government signed two MoUs involving EUR 100 million as a total investment plan to build the company’s third plant for medium-voltage cable in Morocco by 2026, in addition to its facilities in Casablanca and Mohammedia. Dec 14, 2023 Nexans and the Moroccan Ministry of Industry and Trade,......
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Nexans Bags Major EUR 1.43 Billion Contract for EuroAsia Interconnector

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Nexans has won a turnkey contract for the Greece-Cyprus section of the EuroAsia interconnector, which is worth EUR 1.43 billion. The 525kV HVDC cable will be the longest and deepest interconnector in the world with a bi-pole length of 2×900 km. Pole One is expected to be completed in 2028......
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Nexans to Add Third Generation Cable Laying Vessel to Drive Global Energy Transition

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Nexans will add a third cable laying vessel, capable of laying up to four cables simultaneously to meet specific customer requirements, especially on large-scale projects. The vessel, expected to expand its presence in the offshore wind and interconnection market, will be delivered in 2026. Jul 25, 2023 Nexans has announced......
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Nexans Completes Finland-Based Reka Cables’ Acquisition

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Nexans has completed its acquisition of Reka Cables, a Finland-based subsidiary of Reka Industrial. Post-acquisition, Reka Cables will integrate with Nexans to provide carbon-neutral and quality products to the Nordic region. April 26, 2023 Nexans has successfully completed the acquisition of Reka Cables. This takeover is in-step with Nexans’ mission......
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Nexans Joins IAI’s New Aluminium Forward 2030 Coalition Towards Net Zero Emissions

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Nexans Group has joined the International Aluminium Institute’s new launch, Aluminium Forward 2030, a coalition of IAI’s 25 production members and 20 downstream and customer companies who have committed themselves to transforming the aluminium sector. The project aims to accelerate progress toward net zero emissions in the aluminium industry while......
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Nexans to Execute Pan-European VPPA as a Step Towards Decarbonization Goals

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Global cable and optical fibre manufacturer, Nexans is set to execute a Pan-European Virtual Power Purchase Agreement to cover most of its electricity consumption for all its premises in Europe, to achieve its decarbonization goals. The company has assigned global energy management company World Kinetic Energy Services as an exclusive......
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