Activity
The company is the global leader in the cable systems sector. Specifically, Prysmian produces and lays underground and submarine cables for the transmission and distribution of electricity, as well as specialised cables for use in various industrial contexts, and medium- and low-voltage cables for construction and infrastructure. For telecoms, the Group produces copper cables, optical cables and optical fibre cables for the transmission of data, video and sound.
On the customer's request, Prysmian also Designs and produces key systems and takes care of post-installation maintenance.
Every year, Prysmian invests more than EUR 100 million[18] in research and development. This has allowed the Group to develop innovations like BendBrightXS 180μm,[19] the narrowest bend-insensitive optical fibre, and FlexRibbon,[20] which, with 6,912 fibres, is the optical cable with the highest number of fibres in the sector.
The company also developed the P-Laser technology[21] for cabling systems, which combines greater transmission capacity and eco-sustainability, using 100% recyclable materials and cutting carbon emissions by 40%.
By 2022, Prysmian has planned to invest around EUR 450 million[22] to net-zero the Group's CO2 emissions and improve the sustainability of its supply chain. An ambitious commitment, aligned with the objectives of the Paris Agreement, which would be executed with support from the non-profit organisation Carbon Trust.
For 2021, Prysmian confirmed the launch of the new Leonardo da Vinci cable-laying vessel,[23] which will be the longest in the world at 171 metres.
In Italy, Prysmian is active in Merlino, Giovinazzo, Pignataro Maggiore, Quattordio, Livorno, Pozzuoli and Battipaglia.
Since the acquisition of General Cable, it is present in more than 50 countries with 104 facilities and over 28,000 employees.[24]