NCC Secures Landmark SEK 7.5 Billion Contract with Svenska Kraftnät

NCC has clinched a monumental contract worth approximately 7.5 billion SEK with Svenska kraftnät, Sweden's state-owned transmission system operator, for the construction of 450 kilometers of new power lines in Västra Götaland. This contract, which is the largest that Svenska kraftnät has ever awarded, spans a decade and forms part of a comprehensive strategy to modernize and expand Sweden's national high-voltage electricity grid, which is estimated to require over 200 billion SEK in investments over the next ten years.

The project is essential for enhancing the robustness and capacity of Sweden's electrical infrastructure, aligning with the country's broader goals of transitioning to sustainable energy sources. Svenska kraftnät has highlighted that this development represents a significant step towards fulfilling future energy demands and reinforces its commitment to maintain and upgrade the power network to support a growing economy.

In conjunction with this major project, Acuvi, a technology company focused on piezoelectric applications, has reported a significant financial upturn. CEO Olof Stranding revealed that Acuvi's gross margin surged to 65%, with sales rising from 43 million SEK to 47 million SEK in the second quarter of 2025. The operating profit before depreciation increased from 8 million SEK to 12 million SEK, showcasing a 25% profit margin.

Acuvi aims for a lucrative forecast with anticipated EBITDA for the year reaching between 52 to 55 million SEK, which would mark a 70% year-over-year increase. To facilitate its expansion plans, Acuvi has secured over 50 million SEK from a share issue to Eiffel Investment Group along with 55 million SEK in credit facilities from Danske Bank. These funds will help expand its operations further into lucrative markets including San Jose, California, with aspirations for future openings in Tokyo and Germany.