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Parent Company Financial Report |

DIRECTORS’ REPORT

2014 Annual Report

Prysmian Group

268

HUMAN RESOURCES, ENVIRONMENT

AND SAFETY

DIRECTION AND COORDINATION

INTERCOMPANY AND RELATED PARTY

TRANSACTIONS

SECONDARY OFFICES

Prysmian S.p.A. had a total of 309 employees at 31 December

2014 (325 at 31 December 2013), of whom 274 management/

white-collar staff (290 at 31 December 2013) and 35 blue-col-

lar staff (35 at 31 December 2013).

The Company has taken systematic, ongoing steps to

Prysmian S.p.A. is not under the direction and coordination

of other companies or entities but decides its general and

operational strategy in complete autonomy. Pursuant to

art. 2497-bis of the Italian Civil Code, the direct and indirect

subsidiaries of Prysmian S.p.A. have identified it as the entity

Information on related party transactions, including that required by the Consob Communication dated 28 July 2006, is

presented in Note 25 to the Parent Company Financial Statements.

The Company does not have any secondary offices.

implement all the fundamental activities required to manage

issues relating to the environment, and the health and safety

of its employees.

More details can be found in the Directors' Report contained

in the Group Annual Report.

which exercises direction and coordination for them. Such

direction and coordination involves identifying general and

operational strategies for the Group as a whole and defining

and implementing internal control systems, models of gover-

nance and corporate structure.