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Tag : Valerio Battista

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Prysmian Group Attains Crucial Milestone in Energy Transition

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With the new 525 kV submarine cable system, Prysmian Group will be able to support the forthcoming tenders for submarine interconnectors aimed at granting efficiency, flexibility, and reliability of power grids. September 5, 2022 Prysmian Group has added yet another feather in its cap in the power transmission segment, particularly......
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Prysmian Group to Invest USD 1.1 billion to Support Energy Transition

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Prysmian is intending to put forth significant investments targeted at augmenting the production capacity of power transmission submarine cables as well as enhancing the technological equipment at its excellence centres. March 29, 2022 Prysmian Group has announced its plans of investing about EUR 1 billion (~USD 1.1 billion) by 2024.......
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Prysmian Group to Increase Shareholding in Oman Cables Industry

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It will purchase additional shares for a total consideration of around EUR 100 million December 16, 2015 Prysmian Group, world leader in the energy and telecom cable systems industry, has signed an agreement to increase its stake in Oman Cables Industry to approximately 51 percent, thus gaining majority stake. According......
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Europacable Industry Charter Endorsed

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Prysmian endorses the Europacable Industry Charter as a formal commitment to defend quality standards in the cable industry July 20, 2015 Prysmian Group, world leader in the energy and telecom cable systems industry announces the endorsement of the Europacable Industry Charter, a document that expresses a collective commitment to shared principles......
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Prysmian opens new production facility in Rybinsk with investment of $55 million

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October 3, 2013 Prysmian Group has opened, in the presence of Prysmian Group’s CEO Valerio Battista, the Governor of the Yaroslavl Region Yastrebov Sergey Nikolaevich and the Italian Ambassador in Russia Cesare Maria Ragaglini, its new medium and high voltage cable production facility in Rybinsk, in the Russian Yaroslavl region,......
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Prysmian opens new optical cable plant in Slatina, Romania

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May 15, 2013 The plant will triple its production capacity to 1,500,000 km of optical cable, reinforcing Prysmian’s competitiveness in the Telecoms markets, where the Group is already market leader with 11% share and 24 production facilities. Prysmian Group has opened a new plant for the production of optical fiber......

Birth of Prysmian Group, €7 billion turnover, 98 plants in 50 countries, 22,000 employees

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14 July, 2011   Prysmian, worldwide leader in the energy and telecom cables industry, unveils its new organisational structure, marking an important step forward in the integration with Draka, following the closing of the acquisition in March and the delisting from the Amsterdam Stock Exchange in April. Along with the......