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The Group inaugurated the new submarine cable plant in
Finland in June, having invested approximately Euro 40
million to expand its production capacity at the Pikkala
facility, already a centre of excellence for high voltage cable
production. In particular, the Pikkala plant has started up
production of transmission cables that use HVDC (High
Voltage Direct Current) technology allowing large amounts of
energy to be transmitted over long distances.
The realisation of major renewable energy development projects
in Northern Europe, particularly in Germany, also involves
developing suitable new power transmission connections,
especially for offshore wind farms. Prysmian is world leader
in this field and in order to support the growing demands,
it is engaged in a major investment programme to expand
production capacity and maintain its technological leadership.
In addition to the Euro 40 million invested in Finland, the
Group is also expanding production capacity at its Arco
Felice plant in Italy, the centre of excellence for submarine
cables, after winning the Westernlink contract to build a new
submarine link between Scotland and England.
PIKKALA, NEW SUBMARINE CABLE PLANT
MILESTONE
