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GLOBAL SCENARIO
The Chairman and Strategy
Officer of Prysmian Group,
Massimo Tononi and Fabio
Romeo, welcomed Italy’s
Prime Minister Matteo Renzi at
the Dee Why plant, which he
visited during his attendance
at the G20 summit in Australia
last November.
Prysmian was chosen by the
Australian Government as a
partner in one of the world’s most
innovative projects for broadband
telecommunications networks, the
National Broadband Network, that
will connect 93% of residential and
commercial buildings across the vast
continent-country. Prysmian was
awarded the contract to design and
supply optical cables for the rollout
of the network, worth approximately
€
223 million, in 2011. More than 3
million km of fibre and 14,000 km
of cable has been supplied to date.
The path chosen by the Australian
Government, which has decided
to build the country’s broadband
network itself, could provide a
good example for Europe, as the
EU has already announced a
€
300
billion package of investment in
infrastructures.
A visitor of distinction
Prysmian welcomed Italy’s Prime Minister, Matteo Renzi, to its Australian optical
cable facility at Dee Why. The Group is partner to the Australian Government
in the National Broadband Network project, which will cover 93% of the country
Mr Renzi addressed the Prysmian
audience in Dee Why by saying
it was “a great honor to visit an
Italian multinational that managed
to become a world leader” and that
is proving it by working day by day
on a major, continent-wide project
in Australia. The Italian PM also said
that Prysmian has become what it is
thanks to its quality and excellence
and praised it as “a company
Italian pride
capable of understanding in advance
where the world is heading.”
In Mr Renzi’s words, Prysmian
Group represents one of the most
important Italian companies, with
a team of 20,000 people all over
the world, “proudly Italian and
multinational at the same time. A
company that creates innovation
and quality, meaning it certainly
creates the future.”
A long-standing presence
Prysmian is among the few Italian companies with plants in Australia, a
country where it has already worked on important projects such as the
Basslink, a high voltage submarine power line to transport renewable
energy from the island of Tasmania to the state of Victoria. Optical cables
for the NBN network are being manufactured at the technologically
advanced Dee Why factory, recently enlarged after winning the NBN
contract. Prysmian has operated in Australia and New Zealand since 1975,
with three production facilities, manufacturing opticals and power cables
and employing around 500 people.
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Prysmian Group Insight