China State Grid commissioned the Prysmian Group to install the high voltage
electricity network that supplied energy to the Beijing Olympic Village in summer 2008. Prysmian
used 20 Km of high voltage 220 kV cables to cable this
structure, covering an area of 66 hectares. Prysmian also cabled the television
broadcasting studio from which RAI TV, Italy's state-owned television station, transmitted footage
of the Olympics.
Prysmian is one of the Italian companies with the biggest presence in China, where it has 4
manufacturing plants and over 1,000 employees. With the goal of further strengthening its presence
in a strategic market like China, Prysmian
adopted a new corporate and organisational structure in China in 2008 with the
formation of a new holding company based in new offices in Beijing. Prysmian's expansion strategy
in China primarily focuses on developing higher value-
added, high-tech sectors which can most benefit from the country's rapid
economic growth and current infrastructural investments. In particular, the Group is aiming for
further growth in high voltage connections, special cables for
industrial applications and optical fibre cables for
telecommunications. |