Prysmian Group
Prysmian Group S.p.A. is an multinational company with headquarters in Milan, specialising in the production of electrical cable for use in the energy and telecom sectors and for optical fibres. Prysmian is present in North America with 23 plants, 48 in Europe, 13 in LATAM, 7 MEAT, 13 APAC.
| Company type | Società per azioni |
|---|---|
| BIT: PRY FTSE MIB Component | |
| Industry | Manufacturing, technology |
| Predecessors |
|
| Founded | 1879 in Milan, Italy (as Pirelli Cavi e Sistemi) |
| Headquarters | Milan |
Area served | Worldwide |
Key people | Valerio Battista (CEO), Claudio De Conto (Chairman) |
| Products | Telecommunications and electric power cables |
| Revenue | over €16 billion |
| 504 Million | |
Number of employees | 30,000 (2022) |
| Website | prysmiangroup |
It is the world leader in the production of cables for wind farms. The company is listed on the Milan Stock Exchange in the FTSE MIB index.
On 4 December 2017, it took over 100% of the General Cable group in the US, to then complete the merger by incorporation the following year, after the antitrust approval by the respective countries.
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