Thursday, Sep 17, 2009
Habia Cable has recently signed a contract with KHNP (Korea Hydro & Nuclear Power) in South Korea for manufacturing and delivery of high performance Habiatron cables for the new nuclear power plants Shin Kori 3&4, APR 1400.
The delivery includes LOCA Class 1E safety cables which will be installed inside the containment area. The contract is valued at approx. 1,5 MEuro and deliveries are scheduled for 2010 through to 2012.
The contract is a result of Habia Cable’s strong focus on selective geographical markets in combination with a strong focus on a few business segments. It is also continues the long term business relationship with KHNP, where Habia Cable has supplied safety related cables to all reactor new builds and upgrades over the last 10-15 years.
Mr Johan Vinberg, CEO Habia Cable: “We are very pleased and take great pride in winning yet another important contract and this confirms that our long term investments on the Korean and global nuclear market are paying off.”
Habia Cable is a Swedish wire and cable systems manufacturer established in the cable industry since 1957, manufacturing high performance wire and custom design cables and cable systems for demanding applications to the telecom, defence, nuclear power and transport industries as well as to the general electronics industries. We are a part of the Beijer Alma group (www.beijer-alma.se) listed on the Stockholm stock exchange. The company has a global focus with sales operations in approx 15 European and Asia countries. Our productions sites are located to Sweden, Germany, China and Poland. The revenue for 2008 was approx 70 MEuro and the number of employees was 450.
Please visit Habia Cable at our website, www.habia.com.
