About us

About Us

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Global presence

International reach, local expertise - we’re an innovative world leader when it comes to cable technology, and we match that with our worldwide presence. Spanning 50 countries, 106 plants, 25 research and development centres, and with about 29,000 employees, we’ve a strategic footprint that allows us to service emerging markets and communities across the globe with ease. 

We’re proud to be a public company; it’s central to who we are as a business. And our employees agree – around 50% of them are shareholders. Listed on the Milan Stock Exchange in the FTSE MIB Index, our core focus is to create innovative products and deliver groundbreaking projects that secure long-term profit, ensure value for our shareholders, and inspire continued market confidence in the company.

We offer the widest range of services and know-how in the business. Each year, the Group manufactures thousands of kilometers of underground and submarine cables and systems for power transmission and distribution, as well as medium and low voltage cables for the construction and infrastructure sectors. We also produce a comprehensive range of optical fibres, copper cables and connectivity systems for voice, video and data transmission for the telecommunications sector.

We’re linking the world with the future of cable technology.

Connecting continents, countries and communities

50+

countries

100+

plants

30K

employees

In the Baltics

Our manufacturing plant in Keila was established in 1968 and nowadays belongs to Prysmian. From our strategic location we provide support to both local and foreign customers for power and telecommunication cables and related accessories. 

In the Baltics, with the plant and main office in Keila, Estonia, and offices in Riga, Latvia and Vilnius, Lithuania, we employ about 160 people in plant operations, sales and marketing, customer care, logistics, purchasing, finances and administration. 

A journey that began two centuries ago

Prysmian´s history has its roots in the history of the Pirelli Group. In 1879 Società Cavi Pirelli was established in Italy as the cable division of the recently founded company. 

With over 140 years of cumulative experience, the group has a long history and has always been at the forefront of striving to meet evolving customer needs. The history of our business charts the history of the cable industry itself, marked by many major milestones along the way, which cement our reputation as an early adopter and industry pioneer.

 

  1. 1910
  2. 1968
  3. 1970
  4. 1986
  5. 1987
  6. 1992
  7. 1998
  8. 2000
  9. 2005
  10. 2007
  11. 2011
  12. 2018

  1. 1910

    Draka is founded under the name of Hollandsche Draad & Kabel Fabriek.

  2. 1968

    In Keila a manufacturing plant is established and the production of electrical cables starts.

  3. 1970

    Hollandsche Draad & Kabel Fabriek is acquired by Philips and became part of the Wire and Cable division.

  4. 1986

    Hollandsche Draad & Kabel Fabriek becomes independent through a buyout financed by Parcom and Flint Beheer. The name Draka is born. 

  5. 1987

    For Draka a spree of global acquisitions over a 20 year period followed including Philips Optical Fibres and Alcatel.

  6. 1992

    Keila´s manufacturing plant becomes an independent company named Keila Kaabel. Nokia Cable from Finland acquires 58.8% of shares of the company from Harju Elekter. 

  7. 1998

    Pirelli begins targeted acquisitions, including the power cable businesses of Siemens, BICC, Metal Manufacturers Ltd and NKF.

  8. 2000

    Keila Kaabel´s ownership is transferred to Draka. Few years later the company is renamed as Draka Keila Cables after the owner. 

  9. 2005

    Prysmian is founded in July 2005 through the acquisition of the energy and telecom cables and systems activities of Pirelli.

  10. 2007

    Prysmian becomes a listed company quoted in the Milan stock exchange after the sale of 46% of the shares held by the Goldman Sachs Group. 

  11. 2011

    Draka and Prysmian - the two market leading companies - are combined as Prysmian Group.

  12. 2018

    Draka Keila Cables changes its name to Prysmian Group Baltics. General Cable joins Prysmian Group. 

Mission, vision & values

At the heart of every chapter in the Prysmian corporate story are the group’s vision, mission and values. They're always the fundamental focus of everything we do.

Mission: We provide our customers with superior cable solutions based on state-of-the-art technology and consistent excellence in execution, ultimately delivering sustainable growth and profit.

Vision: Energy and information help communities develop. That’s why it’s so important that they’re always available, and that they’re supplied: effectively. Efficiently. Sustainably. 

Values

One company, two leading commercial brands

Prysmian has a multi-brand architecture made of three levels: a strong Corporate Brand, Prysmian, which stands for the whole organization. It is the umbrella brand under which all the initiatives regarding the group worldwide are carried out.

The second level is represented by the two well-known commercial brands: Draka and General Cable.

The third level encompasses the wide range of product brands that serve all the markets and applications in which the group operates.