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Expanding in Hungary

With a manufacturing history of more than 130 years, Prysmian Group is world leader in the energy and telecom cables and systems industry and one of the largest company in Eastern Europe with two production units (Balassagyarmat and Kistelek)

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BEYOND EXPECTATIONS

After approval of the 2015 Financial Statements at the Annual Shareholders' Meeting, CEO Valerio Battista comments on the Group’s FY results and challenges for 2016.

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Breakthrough HVDC cable technology

P-Laser 525 kV is the first fully recyclable environmentally friendly HVDC cable for power transmission grids. Increased power transmission capacity and lower system costs by more than 10%.

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HRH the Prince of Wales opens factory extension

The British Aberdare factory has now a new automated customer service centre.

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FY 2015 Results

Good sales growth (o.g. +5.3%). Excellent performance by Energy Projects (+15.8%); solid trend for Telecom (+9.9%). Profit objectives achieved, ADJ. EBITDA at €623M (+22.6%).

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COBRA PROJECT

Contract worth around € 250 M for a submarine power cable link between the Netherlands and Denmark. The COBRAcable project will provide benefit to the electricity grids of both countries involved.

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Manufacturing Academy

The Group has launched the new Academy in Mudanya – Turkey – with the aim of enhancing the Group’s manufacturing knowledge and creating a strong community of experts.

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Quick Links

Business news

27 Apr, 2016

Hannover Messe 2016: Prysmian Group at the Integrated Energy Plaza

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Business news

21 Apr, 2016

The Group will supply low voltage cables for the Light Rail Project that will combine tram and tram-train systems

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Business news

18 Apr, 2016

P-Laser 525 kV is the first fully recyclable environmentally friendly HVDC cable

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Business news

12 Apr, 2016

The highest fibre count cable to date installed in Australia

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Business news

06 Apr, 2016

Breakthrough in cable innovation to revolutionise NBN delivery

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Business news

29 Mar, 2016

Supported by a strong project management organisation, the new Business Area will operate across the entire industry’s supply chain

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Business news

25 Mar, 2016

A new wing of the Italian Museum just inaugurated: the Group has supplied optical fibre and low voltage cables

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Business news

23 Mar, 2016

Prysmian confirms its commitment to optical fibre innovation to meet growing traffic demands.

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Business news

17 Mar, 2016

Prysmian 66 kV cable system achieves qualification in Carbon Trust programme

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Business news

10 Mar, 2016

Lower costs, more capillarity and better performance for ultra-broadband networks

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