Prysmian Group has announced an investment of around €120 million in its plant in Pikkala, Finland.
The investment — in addition to the €100 million already provided in 2022 — is aimed at further increasing the production capacity of the 525 kV HVDC submarine cable systems. The new Vertical Continuous Vulcanization (VCV) lines will more than double the Pikkala plant’s existing production capacity of 525 kV extruded submarine cables and 400 kV AC cables by 2026.