The company returned to profit in 2021, with a net gain of RON179,496 (EUR36,500), as compared to a loss of RON18.6 million (EUR3.8 million) in 2020, in line with public data. Prysmian Cabluri si Sisteme had on average 1,140 employees in 2021, 40 more than in 2020.
The expansion of the telecommunications networks, from the implementation of 5G network to cables needed for TV and fiber optic internet services boosted the investments of Prysmian Group in Slatina where it has four cable factories and a research and development (R&D) center, as per data previously provided by officials of Prysmian Cabluri și Sisteme.
50% of the company’s production in Slatina goes to export. The biggest telecom customers are Telekom, Vodafone and Digi.
Prysmian also produces charging cables for electric cars. The company also sells cables to Mercedes-Benz, BMW, Bosch and Land Rover, as per previous data.