Prysmian Supplies the Power Cables for the Energy Transition. Here's why the Trend Continuation Starts now!
Reading Time: 1 minute
Prysmian is one of the leading manufacturers of cables for the energy and telecommunications industry. The cables are required for the modernization and expansion of the electricity grid and the connection of large wind farms. Germany alone is expected to invest €320 billion in the electricity grid by 2045. The expansion of the company's position on the US market, where it announced the purchase of Encore Wire for €3.9 billion at the beginning of the year, is exciting. Encore Wire offers a wide range of electrical wires and cables made of...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
