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Prysmian Group
-11.89%
Energy / Cables and energy transmission solutions
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Company Overview
General information about the Prysmian Group company
Prysmian Group is a multinational corporation based in Milan, Italy, that specializes in the manufacturing of cables and systems for the energy and telecommunications industries. The company was founded in 2011 from the merger of Prysmian and Draka, two leading players in the cable industry.
Prysmian Group operates in over 50 countries and has more than 137 plants, research and development centers, and commercial offices worldwide. It is the largest manufacturer of power and telecommunication cables in the world, with a market presence in both developed and emerging countries.
The company’s product portfolio includes a wide range of cables and systems for various industries, including energy distribution and transmission, data and telecommunication, and construction. It also provides engineering, project management, installation, and after-sales services.
Prysmian Group is committed to sustainability and has implemented various initiatives to reduce its environmental impact, promote ethical and responsible behavior, and support local communities. In 2021, it was recognized as one of the world’s most sustainable corporations by Corporate Knights.
The company is listed on the Italian Stock Exchange and included in the FTSE MIB index. Its sales revenue in 2020 was 11.5 billion euros, and it employs over 29,000 people globally.
Prysmian Group’s mission is to connect the world through innovative cable solutions, enabling progress and development while maintaining the highest standards of safety, quality, and sustainability.
Prysmian Group operates in over 50 countries and has more than 137 plants, research and development centers, and commercial offices worldwide. It is the largest manufacturer of power and telecommunication cables in the world, with a market presence in both developed and emerging countries.
The company’s product portfolio includes a wide range of cables and systems for various industries, including energy distribution and transmission, data and telecommunication, and construction. It also provides engineering, project management, installation, and after-sales services.
Prysmian Group is committed to sustainability and has implemented various initiatives to reduce its environmental impact, promote ethical and responsible behavior, and support local communities. In 2021, it was recognized as one of the world’s most sustainable corporations by Corporate Knights.
The company is listed on the Italian Stock Exchange and included in the FTSE MIB index. Its sales revenue in 2020 was 11.5 billion euros, and it employs over 29,000 people globally.
Prysmian Group’s mission is to connect the world through innovative cable solutions, enabling progress and development while maintaining the highest standards of safety, quality, and sustainability.
What is special about the Prysmian Group company?
1. Global Leader: The Prysmian Group is the world’s largest manufacturer of cables and systems for energy and telecommunications, with a presence in over 50 countries.
2. Long History: The company has a long history dating back to 1872 when it was founded in Italy. Over the years, it has developed a strong reputation and a vast network of customers and partners.
3. Innovative Solutions: Prysmian Group has a strong focus on research and development, investing heavily in cutting-edge technologies to offer innovative and sustainable solutions to its customers.
4. Broad Product Portfolio: The company offers a wide range of products and services for different industries, including energy, telecommunications, underground utilities, and oil and gas.
5. Strong Sustainability Practices: Prysmian Group is committed to sustainable development and has implemented various initiatives to reduce its environmental impact and ensure the responsible use of resources.
6. High-Quality Standards: The company is known for its high-quality products and services, underpinned by rigorous testing and certification processes.
7. Customer-Centric Approach: Prysmian Group puts the needs of its customers first, working closely with them to understand their specific requirements and provide tailor-made solutions.
8. Committed to Safety: The safety of its employees, customers, and partners is a priority for Prysmian Group, and it has implemented strict guidelines and procedures to maintain a safe working environment.
9. Strong Corporate Social Responsibility: The company is dedicated to being a responsible and active corporate citizen, engaging in philanthropic activities and promoting diversity, inclusion, and ethical practices.
10. Talented and Diverse Workforce: Prysmian Group has a diverse and highly skilled workforce, promoting a culture of inclusivity and innovation. The company is also committed to developing its employees’ skills and talents to drive growth and sustainability.
2. Long History: The company has a long history dating back to 1872 when it was founded in Italy. Over the years, it has developed a strong reputation and a vast network of customers and partners.
3. Innovative Solutions: Prysmian Group has a strong focus on research and development, investing heavily in cutting-edge technologies to offer innovative and sustainable solutions to its customers.
4. Broad Product Portfolio: The company offers a wide range of products and services for different industries, including energy, telecommunications, underground utilities, and oil and gas.
5. Strong Sustainability Practices: Prysmian Group is committed to sustainable development and has implemented various initiatives to reduce its environmental impact and ensure the responsible use of resources.
6. High-Quality Standards: The company is known for its high-quality products and services, underpinned by rigorous testing and certification processes.
7. Customer-Centric Approach: Prysmian Group puts the needs of its customers first, working closely with them to understand their specific requirements and provide tailor-made solutions.
8. Committed to Safety: The safety of its employees, customers, and partners is a priority for Prysmian Group, and it has implemented strict guidelines and procedures to maintain a safe working environment.
9. Strong Corporate Social Responsibility: The company is dedicated to being a responsible and active corporate citizen, engaging in philanthropic activities and promoting diversity, inclusion, and ethical practices.
10. Talented and Diverse Workforce: Prysmian Group has a diverse and highly skilled workforce, promoting a culture of inclusivity and innovation. The company is also committed to developing its employees’ skills and talents to drive growth and sustainability.
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