2013 SuStainability RepoRt >
pRySmian gRoup
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| pRySmian gRoup | 2013 SuStainability RepoRt
histoRy - a jouRney that began two CentuRies ago
With over 130 years of combined experience, Prysmian and
Draka have a long history of satisfying the needs of customers
as their primary objective. The history of our business is
intertwined with that of the cable industry as a whole, with
major milestones that have consolidated our reputation as a
pioneer in the sector.
At the start of the 20th century Pirelli Cavi, part of the Italian
Pirelli Group, achieved international recognition thanks
to several high profile projects, such as laying 5,150 km of
telegraph cable across the Atlantic from Italy to America,
linking North Africa with Brazil and installing a telephone line
between Brazil and Italy. Hollandsche Draad en Kabelfabrieken,
the company that later become Draka, was founded in 1910.
Both companies expanded by internal growth during the first
half of the 20th century, broadening their product ranges
and opening factories in such strategic markets as Spain, the
United Kingdom, North America, Argentina and Brazil.
The 1990s saw both companies engaged on acquisitions
followed by major restructuring work, with a view to expanding
their industrial and commercial activities.
In 2005 Pirelli sold Pirelli Cavi and Prysmian was born.
The company was listed on the Milan Exchange’s FTSE MIB
in 2007 and became a public company three years later. The
assets and know-how accumulated in more than a century of
history allow the company to pursue growth in markets and
businesses with a high degree of value added.
In 2011, the acquisition of Draka by Prysmian gave birth to a
new world leader in the cables sector: the Prysmian Group.
