Reka Industrial Plc: Reka Cables enters the fast-growing electric car charging market in Denmark
Reka Industrial Plc’s subsidiary Reka Cables Ltd has received a strategically significant, renewable energy related cable order from Denmark for the construction of charging infrastructure for electric cars. The value of the order is approximately EUR 0.6 million and deliveries are scheduled for the first half of this year. In addition, the agreement includes an option to double the order quantity this year.
The Danish government aims to have 775,000 electric and hybrid cars on Danish roads by 2030. At the end of 2021, there were about 66,600 registered electric cars in Denmark, which is only a fraction of the country's total car fleet of about 2.79 million.
Hyvinkää, 28 January 2022
Reka Industrial Plc
Jukka Poutanen
Managing Director
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About Reka Industrial Oyj
Reka Industrial is involved in the transition of both the energy and transport industries. As an industrial family company, we are committed to developing the performance and sustainability of the companies we own. The market is growing and we along with it. Reka Industrial class B shares are listed on the Nasdaq Helsinki Ltd.
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