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Welcome to Prysmian Group: the world leader in cable manufacturer, energy solutions, telecom cables and systems industry.
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Prysmian Group is a global leader in the energy and telecommunications cable systems industry, and it is a part of the Prysmian Group, a multinational corporation with its headquarters located in Milan, Italy. The company has a significant presence in the United States, with its North American headquarters based in Highland Heights, Kentucky. Prysmian Group has a rich history that dates back to 1879 when it was originally established as Pirelli Cavi e Sistemi Energia.
Over the years, the company has grown through mergers and acquisitions, expanding its product portfolio and global reach. In 2005, Prysmian Group was spun off from Pirelli and became an independent company. The company's main products include power cables, telecommunications cables, and optical fibers, catering to various sectors such as energy, infrastructure, and the telecom industry.
Prysmian Group offers a wide range of cable systems, from low voltage to extra-high voltage power cables, submarine cables, and high-performance optical fibers for broadband communications. With cutting-edge technologies and a focus on innovation, the company delivers sustainable and advanced solutions to meet the evolving needs of its customers. Prysmian Group operates on a global scale, with a presence in more than 50 countries.
The company has numerous subsidiaries, joint ventures, and partnerships worldwide. Notable subsidiaries include General Cable, an American wire and cable manufacturer acquired by Prysmian Group in 2018, and Draka, a Dutch cable manufacturer acquired in 2011. In terms of market position, Prysmian Group is a dominant player in the cable industry.
It is ranked as the world's largest manufacturer of power and telecom cables. The company's global sales reached over 11 billion euros in 2020, highlighting its strong position in the market. Prysmian Group faces competition from other major players in the industry, such as Nexans and Furukawa Electric.
Prysmian Group has been at the forefront of several significant achievements, including the development of the world's first 700-kV submarine power cable system and the successful installation of the longest-ever 600-kV extruded submarine cable. These milestones showcase the company's commitment to innovation and technology leadership. Currently, Prysmian Group continues to strive for growth and success.
It focuses on sustainable development and strengthening its position as a global market leader. The company is committed to delivering innovative solutions that address the challenges of the energy transition and digitalization, positioning itself as a trusted partner in the industry
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