Prysmian opened a 25 million Euro cable plant in Slatina

Prysmian Group, world leader in the energy and telecom cable systems industry, inaugurated its largest optical cable plant in Europe located in Slatina, after a 25 million Euro investment.

2017-06-14 12:42:15

With annual production capacity of over eight million kilometres of optical cables, this plant is one of the largest of its kind and employs the most advanced industrial technologies and know-how, giving it the capability to meet the growing demand for optical cables for deployment of new high-speed telecom networks.

"As a worldwide leading player in the industry, we are strongly committed to supporting the needs of Governments and Telecom operators in developing new broadband networks, by continuing to invest in optical fibre and cable capacity as well as in new technologies and know-how," said Valerio Battista, CEO Prysmian Group.

Over the past five years, Prysmian has invested almost 60 million Euro in Romania to develop new capabilities and capacity at the Slatina site, laying the groundwork that will let the country become a European hub for optical cables.

The new optical cable plant is located inside the new Slatina Milcov industrial park, almost 40 per cent of available land was acquired by Prysmian back in 2015 for a total area of around 110,000 sqm. Construction started in October 2015 and lasted 11 months, and mass production is due to start in June 2017.

In Slatina, almost 1,000 Prysmian employees produce optical and energy cables, with 80 per cent of the products being exported all around the world.