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Fact Book 2014
Prysmian Group
20
Prysmian Group’s overall capital expenditure
rose to €163 million in 2014 with 30% of the
total devoted to increasing capacity and
improving the mix. There has been a specific
on theEnergyProjects andTelecomsegments,
namely in the submarine cables business.
Significant spending has gone into efficiency,
product design and experimentation with
new materials.
The High Voltage underground business carried out
two major capital expenditure projects in 2014: the
first to boost capacity in the Abbeville facility in the United
States by building a second production line; the second in
the Slatina production site in Romania, which resulted in an
increase of yearly capacity to 30,000 tons of energy cables.
HV capacity boosted
PENDITURE IN 2014
Euro
163
million
Increase capacity
product mix
30%
Energy Projects
18%
Energy Products
5%
Telecom
7%
Base-load
10%
E ciency
20%
IT, R&D
12%
Other
28%
CAPITAL EXPENDITURE IN 2014
Operations
INVESTMENTS FOCUSED ON
ENERGY PROJECTS AND TELECOM