Reka Cables
Reka Cables (Reka by Nexans) is a Finnish cable manufacturer designing and producing power, installation, fire-resistant, and medium/high-voltage cables for industrial, construction, infrastructure, and renewable-energy customers across the Nordics and Baltics, operating as part of Nexans Group since April 2023.
- Company typePrivate
- Founded1960
- HeadquartersHyvinkää, Finland
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Reka Cables does
Reka Cables Ltd (Reka Kaapeli Oy), headquartered in Hyvinkää, Finland, designs and manufactures power, installation, control and instrumentation, fire-resistant, and medium/high-voltage cables for industrial, construction, infrastructure, and renewable-energy customers. Founded in 1960 and rebranded as "Reka by Nexans" following its April 2023 acquisition by France-headquartered Nexans Group, the company operates three Finnish production sites — Hyvinkää (being consolidated into Riihimäki by autumn 2024 via the HyRisee project), Keuruu (installation, control, and instrumentation cables plus a CTC combustion-testing laboratory), and Riihimäki (center of expertise for high-, medium-voltage, and 1 kV power cables) — and targets 95% local Nordic production by 2025 from a current 90% rate. The company serves network construction, wind and solar power, industrial, residential/office construction, data centers, EV charging, and infrastructure customers through direct sales companies in Finland, Sweden, Norway, Denmark, and the Baltic countries.
Reka's revenue model is hardware sales of cables and wires, augmented by cable-drum sales and return services including the proprietary Ultracker™ and Smart Cable Drum digital reel-management systems that provide real-time location and inventory tracking. Pricing is quote-based and not publicly disclosed; customer mix spans electrical wholesalers, contractors, and industrial end-users. The company has positioned sustainability as a structural differentiator, achieving Scope 1 and Scope 2 carbon neutrality in November 2021, committing to Science Based Targets, joining the UN Global Compact in 2022, earning EcoVadis Gold in 2022 and (via Nexans) EcoVadis Platinum in 2023 (top 1%), and holding the Finnish Key Flag symbol certifying domestic production. Headcount is approximately 270; reported FY2022 turnover was EUR 172 million prior to the Nexans acquisition.
Following the Nexans acquisition, Reka is integrated into the Distribution & Usage business group and benefits from the parent's EUR 8.4 billion turnover, 42-country footprint, and ~28,000 employees. Recent product activity has emphasized halogen-free, Cca/Dca fire-rated cable lines (MK-HF C, MKEM-HF C, MMJ-HF C, EQQ-HF D HELPPO, Dryrex WIND for wind farms, LiteRex for UV-protected installation), targeting data center, hospital, EV charging, and renewable-energy applications. Leadership transitions include Martin Forssell as CEO (2024) and a Sales Organization renewal effective January 2026, signaling continued commercial build-out under new ownership.
Reka Cables firmographics
Firmographics- Name
- Reka Cables
- Legal name
- Reka Kaapeli Oy
- Website
- https://rekacables.com
- Company type
- Private
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Reka Cables (Reka by Nexans) is a Finnish cable manufacturer designing and producing power, installation, fire-resistant, and medium/high-voltage cables for industrial, construction, infrastructure, and renewable-energy customers across the Nordics and Baltics, operating as part of Nexans Group since April 2023.
- Ownership category
- akta.pro rank
Reka Cables industry classification
Industry- Product category
- Electrical Cables
- NAICS
- Communication and Energy Wire and Cable Manufacturing (33592), Other Communication and Energy Wire Manufacturing (335929), Electrical Equipment Manufacturing (33531)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electric Lighting & Wiring Equipment (3640)
- akta.pro primary industry
- Industrial Power Cable (MV/HV) (IMADAMAB)
- akta.pro secondary industries
- Building Wire & Cable (Residential/Commercial) (IMADAMAA), Power Cables & Conductors (LV/MV cables, flexible cables, bus wire, armored cable) (IMAGAEAC), Fire-Resistant & Life-Safety Cable (Fire Alarm/Emergency) (IMADAMAF)
Keywords
Where Reka Cables is headquartered
LocationHeadquarters
- HQ city
- Hyvinkää
- HQ country
- Finland
- HQ region
- Europe
Offices5 records
Markets served
Reka Cables business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Cable and wire sales: Primary revenue from manufacturing and selling power cables, installation cables, control and instrumentation cables, fire-resistant cables, and medium/high-voltage cables for industry, construction, infrastructure, and renewable energy sectors.
- Drum services: Cable drum sales and return services, including smart cable drum solutions for project management and logistics optimization.
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Reka Cables product offering
Product offeringCore offering
Reka Cables designs and manufactures electrical cables for power distribution, industrial, construction, infrastructure, and renewable energy applications. Its product range spans installation cables and wires, control and instrumentation cables, fire-resistant halogen-free cables, low-voltage power cables, and medium/high-voltage cables, produced at three Finnish plants and sold across the Nordic and Baltic markets. The company also offers cable drum sales, return services, and digital drum management solutions (Ultracker™ and Smart Cable Drums) for project logistics.
Differentiator
Problem solved
Functional benefit
Brands
- LiteRex: Completely UV-protected installation cables designed for demanding environments.
- PoweRex
- FlameRex
- Reka R
- Dryrex WIND
- Mobiway MOB
Products and services
- Installation Cables and Wires
- Control and Instrumentation Cables
- Fire-Resistant Cables
- Power Cables
- Medium- and High-Voltage Cables
- Cable Drum Management Solutions (Ultracker™ and Smart Cable Drums)
- LiteRex UV-Protected Installation Cables
- PoweRex Power Cables
- FlameRex Fire-Resistant Cables
- Dryrex WIND Medium-Voltage Cables
- EQQ-HF D HELPPO Installation Cable
- EQQ LiteRex Installation Cable
- MMJ-HF C Installation Cable
- MK-HF C and MKEM-HF C Installation Wires
- MOBIWAY MOB Cable Drum Handles
Quantifiable outcome
- 100 turbines supplied with 210 km of 36 kV medium-voltage cables for Norwegian wind farms producing 1401 GWh electricity
- +3 more outcomes
Companies that use Reka Cables
Customer profileNamed customers2 records
Segments7 records
Ideal customer profiles4 records
Reka Cables technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Reka Cables partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Nexans GroupcoreReka Cables Ltd was acquired by Nexans Group in April 2023. The acquisition created one of the largest players in the Nordic region with opportunity to further develop and grow as well as invest in renewable energy solutions. Reka Cables is integrated into Nexans' Distribution & Usage business group. Nexans is headquartered in Paris, operates in 42 countries, employs approximately 28,000 people, and had EUR 8.4 billion turnover in 2022. Goal: 95% of sales in Nordic region to be produced locally by 2025.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Reka Cables competitors and assessment
Company assessmentDirect peers
- NKT A/S: Danish-headquartered cable manufacturer with overlapping MV, HV and building-wire portfolios and strong Nordic presence; competes most directly with Reka in Nordic infrastructure and wind-farm cable tenders.
- TFKable (Tele-Fonika Kable): Central European cable manufacturer with a broad portfolio of power, installation, fire-resistant and MV cables, including products targeting renewable energy projects; cited among former employers of Reka's export sales leadership.
- Helukabel: German cable manufacturer and distributor specializing in industrial, installation and data cables; comparable mid-sized European competitor with overlapping product families and a multi-country sales footprint.
- Lapp Group: Family-owned German cable and connectivity specialist with strong industrial, installation and halogen-free product lines; competes with Reka for European industrial and building-cable customers.
Broad incumbents
- Nexans Group: Reka's parent company (acquired April 2023) and one of the world's largest wire and cable manufacturers (€8.4B turnover, 42 countries); Reka's products sit within Nexans' Distribution & Usage business group alongside overlapping cable lines.
- Prysmian Group: Global cable leader (€15B+ revenue) with the Draka brand covering building wire, fire-resistant and MV cables; competes with Reka across European construction, utility and renewable-energy tenders.
- Leoni AG: European-headquartered wire and cable producer with significant exposure to building wire, industrial and specialty cables; competes with Reka in the European installation and industrial cable segments.
- Belden Inc. US-headquartered diversified cable and connectivity manufacturer with industrial, networking and fire-resistant cable lines; relevant peer for Reka's control, instrumentation and data-center-adjacent cables.
- LS Cable & System: Korean global cable manufacturer producing power, MV/HV and specialty cables for utilities and renewables; comparable competitor in wind-farm and grid cable supply outside the Nordics.
- Sumitomo Electric Industries: Large Japanese conglomerate with a wire and cable division covering power, industrial and fire-resistant products; relevant broad incumbent competing for European utility and infrastructure cable projects.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Reka Cables social profiles
Digital presenceReka Cables financial estimates
Financial estimateRevenue estimate
Valuation estimate
Reka Cables leadership team
Management profileNumber of profiles
Profiles17 records
Reka Cables funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Reka Cables M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Reka Cables
What does Reka Cables do?
Reka Cables designs and manufactures electrical cables for power distribution, industrial, construction, infrastructure, and renewable energy applications. Its product range spans installation cables and wires, control and instrumentation cables, fire-resistant halogen-free cables, low-voltage power cables, and medium/high-voltage cables, produced at three Finnish plants and sold across the Nordic and Baltic markets. The company also offers cable drum sales, return services, and digital drum management solutions (Ultracker™ and Smart Cable Drums) for project logistics.
Is Reka Cables a public or private company?
Reka Cables is a private company. It is classified as corporate owned and is currently operating.
When was Reka Cables founded?
Reka Cables was founded in 1960. It employs 51 to 100 people.
Where is Reka Cables based?
Reka Cables is headquartered in Hyvinkää, Finland, in the Europe region.
How does Reka Cables make money?
Two revenue lines are on record. Cable and wire sales are the primary driver. The others are drum services.
Who are Reka Cables's main competitors?
Direct peers on record are NKT A/S, TFKable (Tele-Fonika Kable), Helukabel and Lapp Group. Broad incumbents are Nexans Group, Prysmian Group, Leoni AG, Belden Inc., LS Cable & System and Sumitomo Electric Industries.
Does Reka Cables have an API?
No public API is recorded for Reka Cables.
What industry is Reka Cables in?
Reka Cables's product category is Electrical Cables. Its primary akta.pro industry code is IMADAMAB, Industrial Power Cable (MV/HV), with a secondary code of IMADAMAA, Building Wire & Cable (Residential/Commercial). Its NAICS code is 33592 and its SIC code is 3600.