Taihan Cable's Dutch subsidiary secures high-voltage cable contract in Germany
Taihan Cable & Solution Co.'s Netherlands unit won a turnkey contract to supply a high-voltage alternating current cable system for a German power network.
Taihan Cable & Solution Co., South Korea's second-largest cable producer, announced that its Netherlands subsidiary, Taihan Netherlands B.V., secured a turnkey contract to provide a high-voltage alternating current cable system for a German power network operator. The project involves a 380-kilovolt underground grid and includes full responsibility for engineering, manufacturing, installation and testing. The contract value for the HVAC cable systems is 115 billion won, though the total contract price was not disclosed.
Taihan cited rapid growth in European demand for large-scale cable projects, linked to the expansion of the AI sector and increased data-center investment. At the close of June, the company held a backlog of orders amounting to 4.06 trillion won. The firm said it will continue pursuing opportunities across the region to meet diverse customer needs.
Why it matters
The deal shows South Korean cable makers expanding into Europe as demand for high-voltage infrastructure rises.
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