traded aktieselskab traded as nasdaq copenhagen nkt industry industrial conglomerate founded 1891 founder h.p. prior headquarters copenhagen denmark key people michael hedegaard lyng group executive director jens due olsen chairman products power cables professional cleaning equipment optical fibres revenue eur 2 224 million 2015 1 profit eur 1.2 million 2015 total assets eur 1 683.6 million end 2015 total equity eur 808.6 million end 2015 number of employees 8 895 average 2015 subsidiaries nkt cables nilfisk nkt photonics website www.nkt.dk nkt holding is a holding company and industrial conglomerate with interests in cables and wires professional cleaning equipment and high pressure cleaners for both industry and private use as well as optical components lasers and crystal fibres . the company is listed on nasdaq copenhagen copenhagen stock exchange and has been so since 1898 . in 1991 the company was restructured as a holding company focusing on the core business with international potential . its current strategy follows this path with a best owner philosophy focusing on value creation in subsidiaries . the company employs almost 9 000 employees worldwide with production facilities in nine countries in europe north america and asia . nkt holding is the parent company with 3 main subsidiaries being ; nkt cables nilfisk nkt photonics contents 1 history 2 business areas 2.1 nkt cables 2.2 nilfisk 2.3 nkt photonics 3 international operations 4 members of the board of directors of nkt holding 5 references 6 external links history edit the company was founded in 1891 by h.p prior who would later become chairman of the danish industry council under the name of nordisk elektrisk ledningstraad og kabel fabrik . it quickly expanded buying up other companies and in 1898 was named nordiske kabel og traadfabriker . over the next more than 90 years the company is active in a number of sectors outside the cable industry including glass aluminium steel nails fasteners etc. primarily for the danish market . in 1990 the current company structure is established and over the next 10 years begins merging and selling of several companies in the portfolio with the aim to concentrate on a smaller number of core businesses with major international potential . the past decade the company has continued that path founded by the best owner philosophy where nkt holding provides a kind of industrial home for each entity until such time as the may be ready for further development and growth under better ownership . this way nkt holding sold the electricity distribution manufacturer lauritz knudsen to schneider in 1999 the semi conductor manufacturer giga to intel in 2000 and the underwater pipe manufacturer nkt flexibles to nov in 2012 . nkt s long term strategic targets are related to growth a return on capital employed roce of 15 % and dividend pay out of 1 3 of profit . business areas edit nkt holding is divided into three main business areas cables and wires professional cleaning equipment and photonics . these business areas are expressed in the three main subsidiaries . nkt cables edit nkt cables deliver wires for the beijing tianjin high speed rail nkt cables produces cables and supplies the energy sector . the subsidiary is headquartered in cologne germany and its markets are predominantly europe and china . the company s strategic focus is electricity infrastructure for offshore wind farms and onshore power plants . the other main areas are wire systems and signalling cables for railways cables for construction and wires for the automotive industry . nkt cables was founded by dane hans peter prior in 1891 and became a listed company in the copenhagen stock exchange in 1898 . during the next 90 years the company became one of the largest industrial companies in denmark focusing on cable manufacturing as well as electricity telecommunications and metal products for the danish market . when the company structure was changed in 1991 nkt cables continued as a business area within the nkt group . in the 1960s nkt cables started recycling scrap from cable production in its facility in stenlille denmark . the company introduced lead free cables and halogen and pvc free cables as part of a renewed environmental focus in the 1990s . in 1999 nkt cables acquired german cable manufacturer felten & guilleaume doubling the production capacity and adding businesses in the czech republic china and austria . nkt cables headquarters subsequently moved to cologne . in 2013 nkt cables acquired swedish cable manufacturer ericsson cables in falun sweden . nilfisk edit see nilfisk nkt photonics edit nkt photonics is working with a series of technologically sophisticated products and solutions within the optical fiber technology . the main focus of the subsidiary is imaging & metrology sensing & energy and material processing . nkt photonics is headquartered in birker d denmark and is a spin off of current and former nkt subsidiaries and a result of nkt involvement in optical communications starting in the 1980s . today nkt photonics sell r & d to the industrial market collaboration with for example leica and horiba scientific on fiber laser technology . international operations edit nkt is present all over the world both with sales offices and with production facilities and factories . nkt holding a s nilfisk and nkt photonics are all headquartered in denmark whereas the nkt cables has its headquarters in cologne germany . nkt holding has subsidiaries in more than 100 countries worldwide . the subsidiaries run production sites in denmark germany united states china hungary italy czech republic poland and mexico . members of the board of directors of nkt holding edit jens due olsen chairman of the board of directors ren svendsen tune vice chairman of the board of directors niels henrik dreesen employee elected ren engel kristiansen employee elected jens maal e gitte toft nielsen employee elected jutta af rosenborg lars sandahl s rensen anders runevad references edit 2015 annual report . nkt holding . retrieved 26 february 2016 . external links edit official site nkt holding a s official site nkt cables gmbh official site nilfisk a s official site nkt photonics a s official site lios technology gmbh nkt photonics nkt holding companies grouped at opencorporates v t e nkt holding main subsidiaries nkt cables nilfisk advance photonics group subsidiaries nkt cables ccc cable system contracting nkt electrical component unique vantage ultera gp 50 % nilfisk advance alto aquatech jungo hathaway na sonderegger tennab holding viper wap south africa m2h s.a. 44 % industro clean 30 % photonics group nkt photonics lios technology vytran production sites nkt cables asn s cangzhou changzhou cologne hettstedt kladno nordenham velk mezi vrchlab warszowice nilfisk advance br ndby dongguan eppingen lemvig nagykanizsa plymouth minnesota s o paulo suzhou springdale quer taro zocca photonics group br ndby birker d cologne morganville people thomas hofman bang president and ceo jens due olsen chairman j rgen jensen ceo nilfisk advance marc van t noordende ceo nkt cables s ren isaksen cto photonics group v t e omx copenhagen 20 companies of denmark march 2016 a.p. m ller m rsk carlsberg chr . hansen coloplast danske bank dsv flsmidth & co. genmab gn store nord iss jyske bank nordea novo nordisk novozymes pandora tdc tryg vestas wind systems william demant retrieved from https en.wikipedia.org w index.php title nkt holding & oldid 735016287 categories conglomerate companies of denmarkholding companies of denmarkcompanies based in br ndby municipalitycompanies based in copenhagencompanies established in 1891hidden categories opencorporates groupings navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store 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