Prysmian S.p.A. PRYMY Stock

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. It operates through three segments: Projects, Energy, and Telecom. The company offers rigid and flexible cables for the distribution of power to residential, commercial, and industrial buildings; and power distribution solutions, such as medium-voltage cable systems for overhead and underground installation for connecting industrial and/or residential buildings to the primary distribution grid, as well as low-voltage cable systems for power distribution. It also provides industrial and network components for various industries, which includes mining, railway, marine, solar and wind automotive, and oil and gas sectors, as well as cranes, rolling stocks, elevators & escalators; network components, including connectors and terminals for low, medium, high, and extra-high voltage cables and submarine cable systems for industrial, construction, and infrastructure applications, as well as for power transmission and distribution grids. In addition, the company offers electronics and optical sensing solutions; and manufactures optical fiber, optical cables, and optical fiber submarine cables for the telecommunications sector. Prysmian S.p.A. was founded in 1879 and is headquartered in Milan, Italy.