Prysmian S p A: Group at the annual tech and politics forum 2022 in Brussels

PRESS RELEASE

PRYSMIAN gYEARLY ROUP JEXHAUST PPOLICY FORUM 2022 IN BRUSSELS

OTHE KEY PTICAL FIBER TECHNOLOGY TO SUCCESS IN THE EU DIGITAL AND GREEN TRANSITION

TEU P.VANHILLE: “ASLA EEUROPEAN INDUSTRY LEADER, WE COMMIT TO INVESTING IN R&D AND PRODUCTION CAPACITIES TO BE PROVIDED EUROPE WITH A RELIABLE SUPPLY CHAIN

Milan, September 26, 2022 – Prysmian Group, the world leader in the energy and telecommunications cable systems industry, confirms its efforts to provide Europe with technological prominence. According to the executive vice president of the group’s telecoms division, Philippe Vanhille, fiber optic technology is essential to Europe’s digital and green transition, and Prysmian, as a European industry leader, is committed to providing a reliable supply chain to Europe. This is why the Group has invested in the modernization of its production capacity in Douvrin, France, and Slatina, Romania, respectively the largest optical fiber and optical cable plant in Europe.

During a panel on connectivity and the modernization of digital infrastructure in Europe at the Tech and Politics Forum 2022, the annual event for the European telecommunications industry, Vanhille will share his vision of the need to move to next-generation connectivity. , emphasizing the importance of making the right decisions today that will determine the future value of telecommunications infrastructure. In a rapidly changing digital sector, the aim is to encourage the deployment of high-quality passive infrastructures, capable of meeting still undefined future demands for digital capacity, guaranteeing performance, reliability and durability. In addition, higher quality optical fibers represent the best solution to prevent and counter cybersecurity threats and to securely transmit optical signals.

“Fiber and cable technology is essential for a successful digital and green transition, as it represents the backbone of broadband deployment in line with the goals of the digital decade – internet access for all in the EU by 2030. The decisions we make today will impact decades to come, so it’s paramount that we leverage R&D and innovation to develop quality components and maximize value and durability. infrastructure,” says Vanhille. “We need to invest in understanding the challenges of building a scalable broadband network and leverage the industry’s ability to develop cutting-edge innovations, to create the the most advanced solutions for each use case, without ever compromising quality and robustness.”

Prysmian group

Prysmian Group is the world leader in the energy and telecommunications cable systems industry. With nearly 150 years of experience, a turnover of more than 12 billion euros, more than 29,000 employees in more than 50 countries and 108 factories, the Group is strongly positioned in high technology markets and offers the widest possible range of products, services, technologies and know-how. How? ‘Or’ What. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, special cables for applications in many different industries, and medium and low voltage cables for the construction and utility sectors. infrastructure. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a full range of fiber optic, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.

Melvin B. Baillie