Reka Industrial Oyj (REKA.HE)
Reka Industrial Oyj operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Hyvinkää, UU, FI. The stock last traded at $4.11, down 1.44% on the session, giving a market capitalisation of $24.1M. Its beta of 1.14 implies it has historically moved more than the broad market.
Reka Industrial Oyj functions as a manufacturer and supplier of both cables and rubber components, with operations spanning Finland, Poland, Sweden, Denmark, Norway, and Russia. The company provides a wide array of specialized cables, including instrumentation, fire-resistant, medium and high voltage, wind power, halogen-free, network power, and standard cables, which are marketed under brands such as FlameRex, DryRex, LiteRex, PoweRex, and Reka. Additionally, it fabricates small to medium-sized rubber parts, predominantly for the automotive and mechanical engineering industries. Its diverse client base includes sectors like industrial production, construction, power distribution networks, and original equipment manufacturers. Established in 1898, Reka Industrial Oyj, previously known as Neo Industrial Plc until its name change in December 2020, maintains its headquarters in Hyvinkää, Finland, and operates as a subsidiary of Reka Ltd.
Reka Industrial Oyj is most often compared with the following Industrials names: