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World News | May 2012

Prysmian secures cables order for transmission grids in Libya

The Prysmian Group, world leader in the energy and telecom cables and systems industry, is set to play an important role in the reconstruction of Libya, in particular its infrastructure and networks for energy and telecommunications. Prysmian announces the acquisition of a contract worth over €50 million to supply 203 km of high voltage 220 kV AC cables and related network components for the upgrade of the electricity grids operated by General Electric Company of Libya (GECOL) in Tripoli and Benghazi.

The group is a world leader in the energy and telecom cables and systems industry. With sales of some €8 billion in 2011, approximately 22,000 employees across 50 countries and 97 plants, the group is strongly positioned in high-tech markets and offers the widest range of products, services, technologies and know how. In the energy sector, the group operates in the business of underground and submarine transmission cables and systems, special cables for applications in many different industrial sectors and medium and low voltage cables for the construction and infrastructure industry.
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