Prysmian, founded in 1872, is a seasoned player in the Information Technology, Manufacturing, and Telecom industries. With headquarters in Italy, the company is renowned as "The world leader in energy and telecoms cable systems." This extensive expertise spanning nearly 150 years has enabled Prysmian to adeptly navigate and lead both the energy transition and digital transformation sectors.
The company's vast geographical footprint and diversified product portfolio underpin its strong market positions. It successfully adapts to key market drivers by offering resilient and sustainable cable solutions, focusing on segments like Transmission, Power Grid, Electrification, and Digital Solutions. With a workforce of over 33,000 and presence in more than 50 countries, the firm reported impressive sales exceeding €17 billion in 2024.
Significantly, Prysmian received a notable €450.00M post-IPO debt investment from the European Investment Bank on July 24, 2024, reinforcing financial strength and growth prospects.