Business and integrity
can work well together

Business and integrity can work well together

Editorial Team Insight

Profitability improved despite broadly  stable revenues. That is the bottom line  from the first nine months’ financial statement approved by the Prysmian Group Board of Directors. CEO, Valerio Battista, noted that cable technology is actually  demonstrating it can make a significant contribution to digitalisation projects, with the development of new broadband networks, and in the use of renewable energy sources, by helping make businesses, such as  offshore wind farms, more and more competitive.

Doing business successfully, for a global and responsible company, is not just about making  money. In this issue, we FOCUS ON the value of integrity at Prysmian, which is something that goes beyond the simple observance of rules and regulations, as explained in an interview with Alessandro Nespoli, Chief Compliance Officer of the Group. Our GLOBAL SCENARIO takes us to Britain, where Prysmian is staying the course as the country ventures into the uncharted waters of Brexit, described by Llyr Roberts, CEO of Prysmian UK.

Then we have a look at the global power grid  challenge launched by China, with the projects contained in its GEI plan, aimed at triggering worldwide investments worth $50 trillion in the MARKETS & TRENDS section. In TRACKING THE FUTURE, we’re taking a closer look at the mobility revolution, focusing on the move from fossil fuels to electric power and the advent of digitalisation, that could lead to a quick and dramatic change to the worldwide transportation landscape.

In DOING BUSINESS, we report on Prysmian’s contribution to the cabling project in the Amazon region, with the production of 400 km of optical cables in the plant of Sorocaba, Brazil. We also explore in a ‘journey to the centre of the earth’, Prysmian’s state-of-the-art downhole technology, that delivers reliable, long-life and cost-effective oil well and production management solutions. This issue’s GETTING THINGS DONE section features Valerio Battista telling the FT/Etno Summit that the connectivity of the future is based on fibre.

Last but not least, PEOPLE. Attracting talented  recruits, and making them ‘Sell It’ is the aim  of Prysmian’s innovative three-year programme, designed to gear-up fresh sales forces and bring them up-to-speed on the business of selling the Group products and culture around the world.