Prysmian S.p.A. (PRY)

Profile

https://www.prysmian.com

Prysmian S.p.A. is a multinational company headquartered in Milan, Italy, recognized as the global leader in the energy and telecom cable systems industry. It specializes in manufacturing underground and submarine cables and systems for power transmission and distribution, as well as medium- and low-voltage cables for construction and infrastructure. The company also produces optical fibres, copper cables, and connectivity systems for voice, video, and data transmission in telecommunications. Prysmian S.p.A. serves diverse sectors including renewables like wind farms, where it holds world leadership, oil & gas, elevators, automotive, marine, railways, and electronics for grid monitoring. With operations in over 50 countries, 104 plants, 25 R&D centers, and approximately 28,000 employees, it invests heavily in innovation, such as P-Laser technology for recyclable high-voltage cables and advanced optical fibres like BendBrightXS. Notable projects include cabling for iconic structures like the Burj Khalifa and submarine interconnections using its fleet of specialized vessels. Listed on the Borsa Italiana's FTSE MIB index, Prysmian S.p.A. plays a pivotal role in enabling energy transition, digitalization, and sustainable infrastructure worldwide through its comprehensive product portfolio and turnkey solutions.