Prysmian Group is a publicly owned company headquartered in Italy. Founded in 1872, the company employs approximately 10,660 individuals and reported $18.4B in revenue as of 2024. The company manufactures electric power transmission and telecommunications cables and systems.
On February 13, 2026, Prysmian's shares demonstrated strong performance on the Milan stock exchange. Earlier that day, Prysmian agreed to a framework agreement with Enedis to modernize France's power grid, becoming the partner selected to supply the full range of medium-voltage cables. The company signed a contract worth up to €550 million to be the sole supplier for Enedis over a seven-year period from 2026 to 2032, including three optional years. Prysmian will utilize its French factories in Gron and Montereau to ensure supply and plans to incorporate over 12% recycled aluminum and over 30% recycled copper in its cables.
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