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PRYSMIAN GROUP | DIRECTORS’ REPORT
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The Group is organised into the operating segments of Energy Projects, Energy Products and Telecom, and
is active in the design, manufacture, supply and installation of cables for a wide range of applications.
It operates in the business of underground and submarine cables and systems for
power
transmission and
distribution, of special cables for applications in many different industries and of medium and low voltage
cables for the construction and infrastructure sectors.
For the
telecommunications
industry, the Group manufactures cables and accessories for voice, video and
data transmission, offering a comprehensive range of optical fibres, optical and copper cables and
connectivity systems.
Over the years Prysmian Group has achieved important milestones through realising projects with
innovative, leading-edge solutions to satisfy the highest customer expectations and create value for
stakeholders and the Group itself.
The Prysmian Group carries out major
submarine power interconnection
projects for utilities and grid
operators. These include the recent NSN (North Sea Network) Link between Norway and Britain, which once
installed will be the first power transmission line to connect these two nations, and the record Western HVDC
Link in the United Kingdom, which boasts a number of industry firsts for voltage (600 kV) and world records
for insulated cable rating (2200 MW) and length of route (more than 400 km). Thanks to the Trans Bay,
Neptune and Hudson projects in the United States, large areas between San Francisco and New York City
are being illuminated with energy from different sources. The Group is also a world leader in submarine
connections for offshore wind farms. In addition to its involvement in major European projects of recent
years, Prysmian has recently worked on the cable to link a number of wind farms in the West of Adlergrund
cluster in the Baltic Sea to mainland electricity grids in Germany.
In the area of
onshore infrastructure
, the Group has been involved in the construction of electricity grids in
some of the world's largest metropolises, from New York to Buenos Aires, London to St. Petersburg, and
Hong Kong to Sydney. Over coming months Prysmian will lead a consortium of 7 companies for the
construction of the new high voltage direct current electricity interconnection between Italy and France,
known as "Piedmont-Savoy". The project will play a strategic role in enhancing energy security and enabling
energy exchange up to 1200 MW between Italy and France.
The Group also supports the
petrochemicals industry
by offering solutions for both upstream exploration
and production activities, and downstream hydrocarbon processing and storage. These solutions range from
power, instrumentation and control cables to SURF and DHT products and services, which include umbilical
cables for offshore platforms and high-tech flexible pipes used in oil extraction.
In the
renewable energy
market, Prysmian technologies support the development of some of the most
important solar and wind farms in the world, such as the Ohotnikovo photovoltaic plant in Ukraine and the
top wind farms in Southern Italy.