Prysmian S.p.A.

Detailed Description

Prysmian S.p.A. produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. The company operates through three segments: Energy, Projects, and Telecom. The Energy segment comprising trade and installers; power distribution and overhead transmission lines; and industrial and network components for various industries, which includes oil and gas, downhole technology, elevators, automotive, nuclear, mining, marine, and infrastructure sectors, as well as for renewable energy field, military, railways, and cranes. The Projects segment designs, manufactures, and installs high and extra high voltage cables for underground and submarine power transmission; high voltage cabling systems for terrestrial and submarine applications; provides submarine interconnections between countries and between off shore wind farms and the mainland, which is used for generation and distribution of electricity. The Telecom segment manufactures cable systems and connectivity products comprising optical fiber, optical cables, connectivity components and accessories, optical ground wires, and copper cables used in telecommunication networks. Prysmian S.p.A. is headquartered in Milan, Italy.

Financials