PRYMF OTC

Prysmian S.p.A., together with its subsidiaries, is a global entity dedicated to the manufacturing, distribution, and sale of advanced cables, systems, and associated accessories for the energy and telecommunications industries. The company's operations are structured into three primary divisions: Projects, Energy, and Telecom. The Projects segment specializes in designing, producing, and installing high and extra-high voltage cabling systems. These are crucial for electricity transmission from power generation facilities, within distribution grids, and for creating both terrestrial and submarine interconnections between different countries or connecting offshore wind farms to the mainland. This segment also delivers specialized data transmission cables and comprehensive umbilical cables that integrate hoses, electrical, optical, and signaling components for managing oil wells. Through its Energy segment, Prysmian provides solutions including power distribution and overhead transmission lines, alongside a diverse array of industrial and network components. These components cater to a wide spectrum of sectors such as oil and gas, downhole technology, automotive, renewables, military, railways, and general infrastructure, in addition to offering asset monitoring services. The Telecom segment focuses on developing and producing essential cable systems and connectivity products for modern telecommunication networks. This includes optical fiber, optical cables, various connectivity components and accessories, optical ground wires, and traditional copper cables. Prysmian S.p.A. was established in 1879 and is headquartered in Milan, Italy.