Netel Wins SEK 40 Million E.ON Substation Contract in Sweden

Netel Holding AB ( (SE:NETEL) ) has provided an update.

Netel Holding AB, a Stockholm-listed specialist in critical infrastructure for infraservices, power and telecom, designs, builds and maintains facilities for network operators across the value chain. The company generated SEK 2,915 million in net sales in 2025 and employs about 800 staff, positioning it as a significant Nordic player in infrastructure build-out.

Netel has signed a contract with E.ON Energidistribution to build a new power substation in Norrköping, Sweden, in a deal valued at over SEK 40 million. The project, scheduled for completion in spring 2028, strengthens Netel’s order book and underscores its role in supporting Sweden’s electrification drive and the expansion of the national power grid.

The most recent analyst rating on (SE:NETEL) stock is a Sell with a SEK3.50 price target. To see the full list of analyst forecasts on Netel Holding AB stock, see the SE:NETEL Stock Forecast page.

More about Netel Holding AB

Netel Holding AB is a Stockholm-listed provider of critical infrastructure services within infraservices, power and telecom, with more than 25 years of experience across design, construction and maintenance. The group reported net sales of SEK 2,915 million in 2025, employs around 800 people, and focuses on ensuring reliable, accessible networks that support society’s technological transformation.

Average Trading Volume: 134,903

Technical Sentiment Signal: Sell

Current Market Cap: SEK189.2M

Learn more about NETEL stock on TipRanks’ Stock Analysis page.