Prysmian Group

Prysmian S.p.A.
Company typeSocietà per azioni
BITPRY
FTSE MIB Component
IndustryManufacturing, technology
Predecessors General Cable[1]
Founded1879 in Milan, Italy (as Pirelli Cavi e Sistemi)
HeadquartersMilan
Area served
Worldwide
Key people
Massimo Battaini (CEO), Francesco Gori (Chairman)
ProductsTelecommunications and electric power cables
Revenueover €16 billion [2]
504 Million [3]
Number of employees
30,000 (2022)[4]
Websitewww.prysmian.com

Prysmian S.p.A. is a multinational company with headquarters in Milan, Italy, 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.

It is the world leader in the production of cables for wind farms.[5][6] The company is listed on the Borsa Italiana 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.

  1. ^ "The History of Our Group | Prysmian Group".
  2. ^ "2022 Integrated Report" (PDF). Prysmian Group. Prysmian Group.
  3. ^ "2022 Integrated Report" (PDF). Prysmian Group. Prysmian Group.
  4. ^ "2022 Integrated Report" (PDF). Prysmian Group. Prysmian Group.
  5. ^ Prysmian_Annual_Report_2019_April_3_1, Prysmian Group
  6. ^ Wind Energy Cables Market Global Research and analysis 2020 to 2025, mccourier.com