Prysmian Supplied High Voltage Power Grid to Bring Energy to the ...

Tag : power cable accessories
Prysmian also Supplied Cable Connections to the InternationalBroadcasting Centre from where Italian Television Company RAI willbe Transmitting Footage

MILAN, 31 July 2008  Prysmian Cables and Systems, a worldwideleading group in the sectors of cables and systems for energy andtelecommunications and one of the largest Italian companies presentin China, has facilitated a high value project for the Beijing 2008Olympic Games, developing the High Voltage Power Grid to supplyenergy to the Olympic Village. Under the commitment of China StateGrid., Prysmian commissioned 20km of high voltage cables at 220kVto supply energy to the village that covers over 66 hectares ofland.

Prysmians stamp will also be on the International BroadcastingCentre, from which RAI Television, Italys premier televisioncompany, will be transmitting footage from the Olympics. The Grouphas in fact cabled RAIs entire broadcasting centre, providingconnections of a high technical level capable of ensuring thehighest quality of transmissions. Prysmian has supplied all thepassive media and LAN cables under RAIs specifications, including:broadcasting cabling and connectors for media transmission; audiocabling and connectors; UTP CAT 5E & CAT 6 cabling for LANconnectivity; MMF fibre cabling for broadcast backbone andbroadband transmission, and RF radio frequency cabling andconnectors.

Prysmian is one of the Italian companies with the biggest presencein China, where it has 5 manufacturing plants and over 1000employees. Prysmian has recently opened a new plant in Beijing andpresented an ambitious development plan outlining its activities inChina, which aim to achieve growth of about 50% of its business by2010 and foresees further investments to increase productioncapabilities. The total value of the investments Prysmian has madein China over the last few years and those foreseen in the plan ispredicted to be over 100 million euros.

Other important Chinese projects which Prysmian is involved ininclude, the development of a new high voltage power grid inShanghai, the cabling of the Beijing underground and thedevelopment and installation, on behalf of the China Nuclear PowerEngineering Company, of special high technology cables for twonuclear power stations being built in the provinces of Liaoning andFujian.

Prysmian in China
The Prysmian Group ranks among the top Italian multinational groupsin China, with a turnover of around 150 million euro. FormerlyPirelli Cavi, Prysmians presence in China dates back to 1997 withthe opening of its first Joint Venture manufacturing company.Headquartered in newly opened offices in Beijing, in China Prysmiancurrently employs around 1000 people in its 5 manufacturing plants,located in Tianjin (special cables for Industrial applications);Baoying in Jiangsu Province (market leader in High Voltage cablesand systems); Wuxi, also in Jiangsu, (Optic and Copper cables forTelecommunications). Moreover, Prysmian Shanghai Trading importsand distributes Prysmians leading range of cable accessories forMV and HV cables.

The Prysmian Group
A leading player in the industry of high-technology cables andsystems for energy and telecommunication, the Prysmian Group is atruly global company with sales exceeding 5 billion euro in 2007and a strong position in higher-added value market segments. Withits two business, Energy Cables & Systems (submarine andunderground cables for power transmission and distribution, forindustrial applications and for the distribution of electricity toresidential and commercial buildings) and Telecom Cables & Systems(optical cables and fibres and copper cables for video, data andvoice transmission), Prysmian boasts a global presence withsubsidiaries in 36 countries, 54 plants in 21 countries, 7 Research& Development Centres in Europe, USA and South America, and over12,000 employees. Specialising in the development of products andsystems designed to meet clients' specific requirements, Prysmian'skey strengths include: a focus on Research & Development, thecapacity to innovative on products and production processes, andthe use of advanced proprietary technologies. Prysmian is listed onthe Milan Stock Exchange Blue Chip index.

Media relations
Lorenzo Caruso
Communication Director
Ph. 0039 02 6449.1
lorenzo.caruso@prysmian.com

Investor Relations
Luca Caserta
Head of Investor Relations
Ph. 0039 02 6449.1
luca.caserta@prysmian.com