A Journey That Began Two Centuries Ago

With over 140 years of cumulative experience, the Company has a long history and has always been at the forefront of striving to meet evolving customer needs. The history of our business charts the history of the cable industry itself, marked by many major milestones along the way, which cement our reputation as an early adopter and industry pioneer.

1879

The company
originated in 1879 as
Pirelli Cavi e Sistemi.

The key milestones on Prysmian’s journey

2005
Marks the beginning of the journey that drove Prysmian where it is today. That is, in fact, the year in which the Group became an independent company after it split out of Pirelli.

2007
The Company moved public. Its IPO, which happened in this year, was an important step in terms of accessing the capital markets.

2010
Prysmian went further to become Italy’s first fully public company. This decision was a clear reflection of its commitment to long-term profitability, growth, transparency and corporate governance.

2011
The acquisition of Draka.

2018
The acquisition of General Cable took place. These acquisitions helped the Company expand its geographic reach and broaden its portfolio. The Group’s know-how was applied to successfully integrate each business, ensuring the retainment of the best aspects of the companies while not losing Prysmian’s core DNA.

2022
The improvement of the performances of the company, thanks to what we did, what we are still doing and a market that is electrifying.

The Company Grows, The DNA Stays The Same

All the strategic choices that characterise Prysmian’s history have put the Group where it is today – leading the industry both technologically and financially.

It surely is a very different company compared to 10 years ago, as it has expanded geographically into plenty of new markets, it has three times as many colleagues, and has grown revenues by four times.

Yet, it has not lost sight of its original DNA: a strong dedication to technological innovation, an efficient supply chain, and a strong commitment to customer-centricity. With the widest product range, extensive capability, shared culture and outstanding talent, Prysmian ensures it exceeds customer expectations, mainly focusing on 4 values that are the pillars of its operations.

1. Integrity

2. Innovation

3. Sustainability

4. Excellence

“And here we are today: Prysmian will play a key role in the energy transition, committed to providing 175 million households with green electricity and enabling 22 million households to access high speed digital by 2027, leading the market to the future.”