Prysmian Group, Italia – trading at around €103

Gemini: Most standard industrial or power cables are produced in much shorter segments (a few hundred meters to a couple of kilometers) because of weight, transport logistics, and spool limitations. Being able to continuously extrude, insulate, armor, and test a high-voltage power cable up to roughly 40 kilometers in a single unbroken stretch requires specialized manufacturing plants and massive logistical handling (such as Prysmian’s advanced vertical continuous vulcanization lines and specialized cable-laying vessels like the Leonardo da Vinci).

So while it does happen for major cross-border submarine or underground interconnector projects to minimize vulnerable joints, 40 km factory lengths represent the absolute pinnacle of high-tech manufacturing rather than an everyday occurrence.

Prysmian S.p.A., officially incorporated under the legal name Prysmian S.p.A. and headquartered in Milan, Italy, is a global leader in the energy and telecom cable systems industry. Listed on the Euronext Milan under the ticker symbol PRY, the company holds a market capitalization of approximately €32 billion with a share price trading around €103 to €104. Supported by a global workforce of over 30,000 employees, Prysmian maintains an extensive international footprint operating in more than 50 countries, supported by over 100 manufacturing facilities and 25 research and development centers worldwide.

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