Paris, July 29, 2015 – The Nexans Board of Directors meeting chaired by Frédéric Vincent on July 28, 2015 approved the Group's condensed consolidated financial statements for the first half of 2015.
The Anthem of the Seas, a luxury cruise liners built at the Meyer Werft shipyard in Germany, set sail with Nexans cables on board.
New Nexans facility in Charleston, South Carolina, USA will manufacture Extra High Voltage (EHV) cable to enable Ontario Power Authority (OPA) to develop its Feed-In Tariff (FIT) Program for renewable energy sources
Nexans will manufacture and supply XLPE submarine and underground cables to connect Danish substations
Nexans has been awarded a contract by Eiffage Energie on behalf of Clemessy to supply specialized photovoltaic cables and power cables for the Cestas solar farm in France
Nexans is launching its whitepaper looking at the future of cabling in aerospace at the 2015 Paris Air Show.
A study for a new savings project in Europe has been launched.
Direct Electrical Heating (DEH) technology keeps subsea flowlines flowing as oil and gas projects go deeper and longer
Nexans invites visitors to OTC 2015 to meet its experts on Booth 5553 to discover the latest developments in Direct Electrical Heating (DEH) technology for subsea flowlines.
Paris, May 5, 2015 – Nexans Mixed Shareholders’, held on May 5, 2015 approved all the twenty-nine resolutions proposed to the shareholders by the Board of Directors.
Today, Nexans announced first-quarter 2015 sales of 1,601 million euros at current metal prices (versus 1,560 million euros in the first three months of 2014). At constant metal prices, first quarter sales came in at 1,172 million euros, representing year-on-year organic growth of 1.8%.
Temporary site cables are custom-made, quick-connectable cables for temporary use in the high-voltage network, for example, during repair work on overhead lines or in transformer stations when converting networks.
Shanghai’s intra-city underground cable network to be reinforced with Nexans’ Extra High Voltage cables
The extension of Shanghai’s state power grid will be supported by a new 500 kV XLPE cable system to be supplied by Nexans.
Berk-Tek, a Nexans Company and leading copper and fiber optic cabling manufacturer, introduced The TEK Center in their New Holland, PA facility. The TEK Center features over 7,000 square feet of space for customers to experience including: a working data center, an enterprise showcase, and world class application and material laboratories.
The 2014 Registration document has been filed with the AMF on March 27, 2015 - The Mixed Shareholders’ Meeting will be held on Tuesday May 5, 2015.
Elia selects Nexans’ proven cable expertise for Stevin project to reinforce Belgium’s high voltage grid.
Elia, the Belgian Transmission System Operator (TSO), will rely on Nexans extra-high voltage cable systems for the major Stevin project to reinforce Belgium’s high voltage power grid.
Regional trains in Australia will rely on Nexans cables after Bombardier Transportation awarded a contract for the Queensland New Generation Rollingstock Project.
Nexans’ customers will now get access to up to date regulatory information on Substances of Very High Concern (SVHC) through a new online tool: Nexans Tracker.
Paris, February 13, 2015 – Today, Nexans published its financial statements for the year ended December 31, 2014, as approved on February 12, 2015 by the Board of Directors under the Chairmanship of Frédéric Vincent.
The Norwegian and German power grids will be able to share green energy directly for the first time thanks to Nexans submarine HVDC (high voltage direct current) cables to be installed as part of the NordLink project.
Denmark’s Kriegers Flak offshore windfarm is to be securely connected to the national grid with Nexans’ 400 kV aluminium XLPE cables.
Statoil’s Visund oil and gas field is to benefit from standardised fast-track umbilicals developed by Nexans.
Recognition of an impairment of € 197 million (with no cash impact)
Nexans delivers first batch of the world’s largest DEH system to BP-operated Shah Deniz Stage 2 development project.
Nexans, world leader in DEH, was awarded the contract for complete system design and delivery of the subsea DEH system in 2012 following a comprehensive pre-engineering program
Today, Nexans announced its sales for the third quarter of 2014.
Nexans announced on May 15, 2014 the implementation of new employee shareholding plan.
Two years after breaking ground for the construction of a new plant in South Carolina, Nexans today, officially celebrates the opening of its Goose Creek facility.
The Nexans High-Voltage team is proud to announce another milestone in the development of our new High Voltage plant. Continuing our commitment to excellence the plant has received its ISO 9001-2008 certification.
Two major North American Utilities; one American, and one Canadian, have engaged Nexans to provide high-voltage cable solutions for recent projects in Western Canada and the United States.
Nexans North America is growing. We are investing $15 Million into the expansion of our Low Voltage facility in Fergus, Ontario.
Nexans announces its new governance structure and the acceleration of its strategic action plans to pave the way for the future10/1/14
Nexans is now represented by the recently-formed executive team led by
Arnaud Poupart-Lafarge, Chief Executive Officer. His new , leaner Management Board was chosen to have new members, tried and tested operational experience, and a focus on driving performance and transforming the Group.
Paris, July 25, 2014 – The Nexans Board of Directors meeting chaired by Frédéric Vincent on July 24, 2014, approved the Group's condensed consolidated financial statements for the first half of 2014.
Innovative Nexans’ overhead line will deliver more power to 300,000 people in São Paulo region, Brazil
New power transmission line between Jandira and Cotia is the world’s first commercial installation of Lo-Sag™ conductors that use a carbon fiber composite core to save weight and double capacity.
Nexans has established a new Scientific Committee to boost innovation and further differentiate its cable products and technologies.
Paris, May 22, 2014 – The Board met on May 22, 2014 under the Chairmanship of Frédéric Vincent to examine a request by Invexans, a Quiñenco subsidiary, to terminate their agreement dated March 27, 2011, as modified by the amendment of November 26, 2012.
Paris, May 15, 2014 – Nexans Mixed Shareholders’, held on May 15, 2014, approved all resolutions proposed to the shareholders by the Board of Directors.
Paris, May 15, 2014 – The Board met this day under the Chairmanship of Frédéric Vincent. Pursuant to the Chairman’s proposal, the Board decided to split the duties of Chairman of the Board and Chief Executive Officer.
First-quarter 2014 performance in line with the Group's transformation plan. Continued implementation of strategic initiatives.
Renewal and appointment of Directors
Proposed amendment to the Articles of Association to exclude double voting rights
Paris, April 2nd 2014 – Nexans has been informed of the European Commission decision announced today following its investigation into alleged anti-competitive behavior of cable manufacturers in the high voltage submarine and underground power cable sector
Paris, April 1st, 2014 – The Board of Directors, chaired by Frédéric Vincent, met on March 31, 2014 to approve the resolutions to be submitted to the shareholders at the annual shareholders’ meeting of May 15, 2014.
Airbus is relying on Nexans’ innovative cable technology. In a new, five-year, global supply contract, worth around Euro 200 million, Nexans will design, manufacture and supply 130,000 km of specialized cables for Airbus modern aircraft family from the single-aisle A320 Neo, the A350 series up to the flagship double-deck A380.
Oncor’s advanced grid project provides successful demonstration of how Nexans’ Dynamic Line Rating technology can boost the capacity of overhead power lines
Oncor successfully completed a Department of Energy (DOE) Smart Grid Demonstration Program (SGDP) showing that the real-time information provided by Nexans’ Dynamic Line Rating (DLR) technology can make an important contribution to increasing the power carrying capacity of existing overhead line assets and reducing congestion.
Paris, February 11, 2014 - At its meeting on February 10, 2014, the Nexans Board of Directors, chaired by Frédéric Vincent, approved the Group's financial statements for 2013.
Maritime Link Project selects Nexans’ HVDC subsea power cable to connect Nova Scotia and Newfoundland and Labrador in Eastern Canada
NSP Maritime Link Inc. has awarded Nexans with a turnkey project to create a high-voltage direct current (HVDC) cable connection between the island of Newfoundland and Nova Scotia in Canada.
Pinewood Studios has made a smooth transition to High Definition (HD) film and TV production by upgrading to Nexans’ network cabling solutions.
Overhead power lines are enjoying a "‘new start" thanks to recent innovations in design and materials technology that enables them to work both smarter and harder.
E.ON Netz is using an aluminium underground cable from Nexans in the expansion of its grid infrastructure for wind energy.
Paris, October 15, 2013 – Nexans today announced that its sales for the third quarter of 2013 amounted to 1,655 million euros at current metal prices.
Nexans has been awarded a subsea cable contract in excess of Euro 120 million by Scottish Hydro Electric Transmission
Nexans has been awarded a contract worth in excess of Euro 120 million by Scottish Hydro Electric (SHE) Transmission plc to supply and install a subsea power link to upgrade the electricity transmission network between Kintyre peninsula and the continent in Southwest of Scottland.
Paris, July 25, 2013 – The Nexans Board of Directors meeting on July 24, 2013, under the chairmanship of Frédéric Vincent, approved the Group’s consolidated financial statements for the first half of 2013.
Nexans wins power umbilical contract from OneSubsea for ExxonMobil’s Julia oil field project in deepwater Gulf of Mexico
Nexans has been awarded a major contract by OneSubsea to design, manufacture and supply an integrated power umbilical solution and associated termination hardware for Exxon Mobil Corporation’s Julia oil field development in the deepwater Gulf of Mexico.
Nexans, a worldwide expert in the cable industry, has been awarded contracts worth a total of over Euros 20 million to design, manufacture and install EHV (Extra High Voltage) cable systems for two of Europe’s leading TSOs
Nexans announces the appointment of Arnaud Poupart-Lafarge, 47 years old, as Chief Operating Officer reporting to Frédéric Vincent, Nexans’ Chairman and CEO.
El Dorado, AK May 20, 2013 - U.S. Acting Secretary of Commerce Rebecca Blank presented Nexans AmerCable the 2013 President’s “E” Award on Monday, May 20, in a ceremony at the Department of Commerce in Washington, D.C.
Mixed General Shareholders’ Meeting held on May 14, 2013: Adoption of all resolutions proposed to vote
Nexans’ Mixed General Shareholders’ Meeting, held on May 14, 2013, has approved all resolutions proposed to vote.
Paris, April 25, 2013 – Nexans today announced 2013 first-quarter sales of 1.668 billion euros, that is, 1.130 billion euros at constant non-ferrous metal prices
Nexans has been awarded an 11 million Euro contract by the State Grid Corporation of China (SGCC) to supply a high voltage power cable system that will help the Beijing Electric Power Corporation support the future development and extension of the power transmission infrastructure in China’s capital city.
Nexans makes breakthrough in Malaysia offshore sector with subsea umbilical order for F29 field development project
Nexans has made a breakthrough in the Malaysia offshore sector with the award of a major contract by Persada Engineering to supply an electro/hydraulic subsea umbilical for Sarawak Shell Berhad’s F29 field development.
Nexans’ 2012 Registration document has been registered with the AMF (Autorité des Marchés Financiers) on April 3, 2013. Nexans Mixed Shareholders’ Meeting will be held on Tuesday, May 14th, 2013 at 3.00 pm in the Claude Levi-Strauss theatre of the quai Branly museum.
Nexans announces its decision to keep its Berk Tek business within the Group.
Type testing of the recently developed superconductor cable for the “AmpaCity” project successfully completed
With the handover of the test certificate for a high-temperature superconductor (HTS) cable system, Nexans and RWE Deutschland AG will mark the completion of the 18-month development phase in the “AmpaCity” project on 11 March 2013.
Nexans today announced the establishment of the ‘Nexans Foundation’, a common platform for all its corporate sponsorship activities.
Westermost Rough Ltd, London, and Nexans recently signed an agreement for the delivery and assembly of medium-voltage submarine cables for the Westermost Rough wind farm, which is to be built eight kilometres off the Holderness coast in Yorkshire.
Paris, February 7, 2013 - The Nexans Board of Directors meeting on February 6, 2013, under the chairmanship of Frédéric Vincent, approved the Financial Statements for 2012.
Nexans wins a subsea HVDC cable contract in excess of 80 million Euros for Canadian hydro power project
Nexans has been awarded by Nalcor Energy a contract in excess of 80 million Euros for a submarine high-voltage direct current (HVDC) cable in the province of Newfoundland and Labrador, Canada.
Paris, December 13, 2012 – Nexans successfully placed a € 250 million bond issue yesterday. This issue will diversify its sources of funding and lengthen its average debt maturity.
The Group has increased its committed credit facility (initially for an amount of €540 million for 5 years maturing in November 2016) to €600 million by introducing a new lender for the remaining term.
Highlight of G3-PLC conference is a practical demonstration of Nexans’ innovative PLC solutions for Smarter Grid applications
Nexans supports customers’ automation challenges with the launch of its new Motionline® hybrid cables at SPS IPC Drives
Nexans has strengthened its Motionline® automation brand with the launch of its sophisticated, high-tech hybrid cable solutions that integrate individual power, data and signal transmission functions within a single cable.
Signing of an amendment to the agreement with Madeco allowing Madeco to consolidate its position as reference shareholder
Paris, November 27, 2012 – Nexans (the “Company”) announces the signing, on November 26, of an amendment to the agreement entered into on March 27, 2011 with its main shareholder, the Chilean group Madeco, which today holds approximately 22.5% of the share capital and voting rights of the Company.
Nexans awarded first CORE-TAG® anti-theft cable technology contract by SNCF for the network of Réseau Ferré de France (RFF)
Société Nationale des Chemins de Fer (SNCF) has awarded Nexans its first contract to design and manufacture specialised rail cable that includes the new CORE-TAG® anti-theft cable technology.
Nexans has launched a revised and enhanced version of its corporate website (www.nexans.com) and its global variants with a new look and feel that provides improved functionality for customers and stakeholders.
Paris, October 22, 2012 – Nexans today announced 2012 third-quarter sales of 1,819 million euros
With its 1008-fiber technology, Nexans establishes its position as a key player in the urban FTTH infrastructure sector
Paris, September 28, 2012. Following receipt of expressions of interest, Nexans is exploring the possibility of the sale of its Berk-Tek copper and fiber cable activity in the US.
Nexans is launching its new anti-theft cable solutions at InnoTrans – which promises to help network operators reduce the high volume of copper cables theft along their railway networks.
Paris, July 25, 2012 – The Nexans Board of Directors met on July 24, 2012, under the chairmanship of Frédéric Vincent, to approve the Group’s consolidated financial statements for the first half of 2012.
Nexans to supply HV and MV cables for the upgrading of Libya’s power transmission and distribution infrastructure. Contracts value worth 110 million Euros
Nexans has been awarded contracts worth around 110 million Euros by Libya’s PEWCO (Public Electrical Works Company) to supply cables for projects to upgrade the country’s power transmission and distribution infrastructure.
Nexans continues to reinforce its commitment to sustainable development by rolling out a new programme to collect and reuse its wooden cable drums.
Nexans’ innovative overhead line technology helps Brazil solve electricity transmission problems in its large cities
Nexans has worked with Light, Rio de Janeiro’s electric utility, to develop the innovative Lo-Sag™ conductor to help solve Brazil’s crucial issue of supplying more electricity to its large urban centres.
Nexans has started the construction of its first high voltage power cable manufacturing plant in North America.
Nexans has completed a $1.6 million cable contract for Majid Al-Futtaim Properties to supply the power, communications and fire safety cables required for the construction of Beirut City Centre – a 158,000 sqm, $40 million shopping mall.
Nexans has secured a 16 million Euro contract with Statoil to engineer and supply a 16.5km subsea power umbilical that will be used to connect the Gullfaks C platform in the North Sea to its subsea compression and processing equipment.
Paris, May 16, 2012 – Nexans announced on February 8, 2012 the implementation of a new employee shareholding plan. This press release aims to detail certain features of the capital increase reserved for Group employees.
Mixed General Shareholders’ Meeting held on May 15, 2012: Adoption of all resolutions proposed to vote Renewal of the Chairman and CEO mandate
Paris, May 15, 2012 – Nexans’ Mixed General Shareholders’ Meeting, held on May 15, 2012, has approved all resolutions proposed to vote. The results of the vote will be available online on Nexans’ website at www.nexans.com/ag2012 in the coming days.
Paris, April 25, 2012 – Nexans today announced 2012 first-quarter sales of 1,752 million euros.
Nexans wins over 50 million Euro contract to supply high-voltage power cable for Northwind offshore wind farm
Nexans has won a contract worth more than 50 million Euro to supply a total of 57 km of high-voltage subsea power export cables to Northwind NV in the North Sea.
Paris, April 5, 2012 – Nexans’ 2011 Registration document has been registered with the AMF (Autorité des Marchés Financiers) on April 4, 2012. It is available to the public in accordance with applicable laws and regulations and is available online on Nexans’ website
Nexans has created a Shareholder E-Club portal on its website. The portal now provides Nexans individual shareholders with a single place on the internet to gather all the information about the Group and in particular multimedia presentations.
Nexans proudly celebrates 10 years of innovation at its Lyon-based Corporate Research facility.
Paris, March 1st, 2012 – Nexans confirms that it has completed the acquisition of AmerCable on February 29, 2012.
Nexans has been awarded a four-year contract to supply airfield lighting cable contract for India’s Modernisation of the Airfield Infrastructure (MAFI) project
Nexans to supply specialized medium voltage and low voltage airfield lighting cables for the Indian Air Force’s ‘Modernization of the Airfield Infrastructure (MAFI)’ project to Tata Power’s Strategic Electronics Division, India.
Paris, February 13th, 2012 – Nexans makes a major investment in the growing Mining, Oil & Gas and Renewable Energy cable markets.
Paris, February 8, 2012 - The Nexans Board of Directors meeting on February 7, 2012, chaired by Frédéric Vincent, approved the Financial Statements for 2011.
Nexans goes live on grid with world’s first fault current limiter based on second-generation superconductors
Nexans has successfully commissioned the world’s first resistive superconducting fault current limiter (SFCL) based on second-generation superconductor tapes.
Nexans is launching its innovative ENERGYFLEX BE-FAST™ ‘split & plug’ photovoltaic power cable at Energaia 2011.
Nexans has been awarded a major contract to supply power, control and instrumentation cables from its specialized POWERMINE® range for CHINALCO’s new Mount Toromocho open-cast copper mine in Peru.
Nexans wins three major contracts to supply high-performance cables to improve safety for rail traffic and passengers in Italy
Nexans has been awarded three major contracts, worth a total of around 10 million Euros, to supply specialized signalling and telecom cables to Rete Ferroviaria Italiana (RFI), the state-owned operator of Italy’s railway network.
Paris, October 27, 2011 – Nexans today announced 2011 third quarter sales of 1,711 million euros (at current non-ferrous metal prices), or 1,127 million euros at constant non-ferrous metal prices*, which corresponds to organic growth of 3.9%**.
Paris, September 30, 2011 .The Nexans Board of Directors, chaired by Frédéric Vincent, met on September 30, 2011.
Nexans has been awarded a 3 million euro turnkey contract to supply lead-in cable systems for the advanced GeoStreamer seismic array technology that Petroleum Geo-Services (PGS) is deploying on its fleet of offshore survey vessels.
Paris, September 20, 2011 – The Board of Directors met yesterday following confirmation by its largest shareholder, Chilean group Madeco, that it effectively owns more than 19% of the Company’s shares and voting rights
Nexans today announced that on August 31, 2011 it signed an agreement with the Paris-based ESPCI (Industrial Physics and Chemistry Higher Educational Institution) to sponsor the School’s 130th graduating class.
Nexans has been awarded a major contract by Petrofac, the international provider of facilities solutions to the oil & gas production and processing industries, to supply specialized low voltage (LV) cables for a gas field development project in Turkmenistan.
Nexans wins turnkey contract to supply and install infield power cables for the Riffgat offshore wind farm
Nexans has been awarded a contract by the project developer Offshore-Windpark RIFFGAT GmbH & Co. KG to supply and install the infield submarine power cables and ancillary equipment for the Riffgat offshore wind farm.
Document available online.
Confirmed strong business upturn, improvement of the operating margin
Scaffolding will envelope the palace of Versailles' Royal Courtyard until June 2012 as the roof and main building undergo restoration. Nexans has sponsored this creation.
Nexans to build a plant for the manufacture of underground Extra High Voltage (EHV) cables and possible extension to submarine HV activities, in the United States.
Nexans wins two major railway infrastructure contracts in Switzerland worth a total of over 17 million euros
Nexans has been awarded two major contracts, worth a total of 17 million euros, by Switzerland’s CFF (Chemins de Fer Fédéraux) and the private railway company BLS (Bern-Lötschberg-Simplon), for the supply of railway safety and telecommunications equipment.
Nexans signs agreement with the Shandong Yanggu Cables Group in China to acquire a majority stake in its power cable business6/21/11
Nexans announced the signing of an agreement with the Shandong Yanggu Cable Group (“Shandong Yanggu”) to create a joint venture based on Shandong Yanggu’s power cable business in China.
Nexans is showcasing its latest state-of-the-art data transmission cables developed to meet the ever increasing demand from aircraft manufacturers for enhanced data handling capacity.
Nexans Powermine™ customized high-performance cable solutions ensure reliable and efficient mining operations6/6/11
Nexans is at the Russian Coal and Mining 2011 event to launch its comprehensive Powermine™ range of customized cable solutions developed to ensure reliable and efficient operation for mining operations.
The Nexans Mixed Shareholders' Meeting chaired by Frédéric Vincent, Chairman and CEO, was held on May 31, 2011 at the quai Branly museum in Paris.
Mixed Shareholders’ Meeting of May 31st, 2011 - Outlook for first half 2011 and confirmation of annual targets5/31/11
The Group will present the outlook for first half 2011 at the Mixed Shareholders’ Meeting that will be held today at 3:00 p.m. at the musée du quai Branly in Paris (France). The meeting will be chaired by Frédéric Vincent, Chairman and CEO.
Nexans wins a 20 million euro contract in Brazil to supply overhead conductors for the world’s longest power transmission link5/25/11
Nexans has been awarded a 20 million euro contract by the IE Madeira consortium to deliver the overhead lines for the world’s longest power transmission link, Brazil’s Madeira River Power Interconnection.
Nexans is supplying specially designed power cables to NG² for its innovative PLUG shoreside power system that makes medium-voltage power connections between shore and ship a pushbutton operation.
Nexans wins a 4.8 million euro contract to supply infield umbilical for Ormen Lange North Field project5/5/11
Nexans has been awarded a 4.8 million euro contract by Norske Shell to supply the 6.5 km infield umbilical for the Ormen Lange North Field project.
Nexans wins a 20 million euro DEH system contract for Statoil’s new Fossekall Dompap oil and gas field on the Norwegian Continental Shelf5/2/11
Nexans has been awarded a 20 million euro contract by Statoil to design and manufacture the direct electrical heating (DEH) system for the subsea pipelines serving the new Fossekall Dompap oil and gas field on the Norwegian Continental Shelf.
Paris, April 27, 2011 – Nexans today announced 2011 first quarter sales of 1,754 million euros.
Paris, April 20, 2011 – Nexans’ 2010 Registration document has been registered with the AMF (Autorité des Marchés Financiers) on April 19, 2011. Nexans Mixed Shareholders’ Meeting will be held on Tuesday, May 31st, 2011 at 3.00 pm in the Claude Levi-Strauss theatre of the quai Branly museum.
Nexans awarded 33 million euro power infrastructures cable contract by Terna to enhance Italy’s power transmission network4/18/11
Nexans has been awarded a 33 million euro contract by Terna - Italy’s electricity transmission grid operator to manufacture, install and test approximately 250 km of 150 kV high-voltage (HV) aluminium underground cables and accessories for power development projects in the Lazio, Basilicata and Campania regions.
Nexans today announced that it has signed a three-year sponsorship agreement with “Electriciens sans frontières” (ESF), an international solidarity non-governmental organization (NGO).
Nexans has been awarded a multi-million Euros turnkey contract by Toshiba Sistemas de Trasmissão e Distribuição do Brazil Ltda.
Nexans coordinates the ECCOFLOW project for superconducting fault current limiter (SFCL) with new generation tapes4/14/11
Nexans continues the development of HTS systems for improving performance and efficiency of energy grids.
Nexans is introducing Alsecure® Premium, its range of next-generation CR1-C1 fire-resistant cables.
Nexans and Madeco sign an agreement to strengthen Madeco’s position as the principal shareholder of the Group3/27/11
Paris, March 28, 2011 – Nexans announces the execution on March 27, 2011 of an agreement with its main shareholder, the Chilean group Madeco.
Nexans wins an approximately 18 million euros subsea umbilical contract for Gygrid field in the Norwegian Sea3/24/11
Nexans has been awarded an approximately 18 million euros contract by Statoil to design, engineer and manufacture the static and dynamic subsea umbilicals that will play a vital role in the tie back system connecting the new Gygrid field development to the existing Njord A installation off the Norwegian Continental shelf.
Nexans has created its new KINOPTIC™ branded range of optical fibre products to provide a complete fully coordinated FTTH (Fibre To The Home) solution to the meet the specific needs of the rapidly growing FTTH sector.
Nexans has been awarded a Euro 1.6 million contract by the German company KUKA Roboter GmbH, one of the leading robot producers worldwide to supply its specialized MOTIONLINE® robotic cables for use in the construction of sophisticated 3D industrial robots.
Nexans awarded contract to supply DONG Energy with cabling for biggest offshore wind farm in Denmark2/24/11
Nexans has been awarded a contract by DONG Energy, based in Fredericia, Denmark, to supply the submarine cables and related accessories for the Anholt Offshore Wind Farm.
Paris, February 14, 2011 – The Nexans Board of Directors chaired by Frédéric Vincent, which met on February 11, 2011, has approved the accounts for 2010.
Nexans has been awarded a contract by Subsea 7, for the design, engineering and manufacture of a total length of 143km of static subsea electro-hydraulic control umbilicals for the Laggan-Tormore gas field development, 125km West of the Shetland Islands in the UK.
Nexans provides specialized trenching service for Baltic 1 offshore wind farm subsea power export cables1/24/11
Nexans has been called in by EnBW (Energie Baden-Wurttemberg) to use its specialized Capjet trenching system to protect the HV (high voltage) subsea power export cables for Baltic 1, Germany’s first commercial offshore wind farm.
Nexans has appointed Jean-Maxime Saugrain as Corporate Vice President Technical, with effect from January 1st, 2011, replacing Patrick Barth who has retired.
Nexans completes multi-million Euros power cable contract for Ras Laffan Port Expansion project in Qatar1/18/11
Nexans has successfully completed a multi-million Euros, two-year, contract, for CCC based in Abu Dhabi, to supply power cables for the Ras Laffan Port Expansion project in Qatar.
Nexans has been awarded an ambitious 178 million Euro turnkey contract by Enemalta Corporation, the state-owned energy authority in Malta, to design, manufacture, install and provide seabed protection of the new high-voltage AC (Alternating Current) submarine power link between Malta and Sicily.
First phase of project successfully completed. State-of-the-art grid modernisation method uses pipe-type XLPE cable to minimise civil engineering work and reduce the risk of system disturbance.
Nexans has been awarded a major contract by the Chinese company Huawei Marine Networks Co Ltd to supply around 440 km of submarine fibre optic cable for the high profile communications project – the Libya Silphium link across the Mediterranean Sea.
Nexans wins 87 million Euro contract for Skagerrak 4 subsea HVDC power cable between Denmark and Norway1/7/11
Nexans has been awarded an 87 million Euro contract by Energinet and Statnett, the state-owned Transmission Systems Operators (TSOs) in Denmark and Norway, to deliver the subsea power cable for Skagerrak 4 (SK 4), the fourth HVDC power interconnector between the two countries.
Nexans will complete a 9 million Euro contract for Hyundai Engineering & Construction to supply power and communication cables featuring advanced, environmentally friendly insulation technology for GASCO’s Habshan 5 Utilities and Offsites project in Abu Dhabi.
Nexans wins 180 million Euro turnkey contract for the EstLink 2 power submarine link between Finland and Estonia12/10/10
145 km power submarine DC cable will increase security of supply as well as aiding development of the electricity market in the Baltic Sea region
Nexans to supply its new Alsecure® Premium fire resistant cable for the Brisbane Airport project in Australia11/29/10
Nexans has won a contract worth Euros 7 million ($AUD 10 million) to supply cables for the Brisbane Airport Link Project in Queensland, Australia.
Nexans MOTIONLINE® automation cable solutions prove their capability in unique standardization programme11/22/10
Nexans is showing the latest advances in its MOTIONLINE® range of cable solutions developed specifically to deliver high-performance and total reliability in a wide variety of control chain, bus, sensor and robotic automation applications.
Nexans wins 10 million Euro subsea umbilical contract for Marulk gas field on the Norwegian Continental Shelf11/17/10
Nexans has been awarded a 10 million Euro contract by FMC Technologies to design, engineer and manufacture a static subsea control and chemical injection umbilical for the Marulk gas field on the Norwegian Continental Shelf (NCS).
Target confirmed for full year operating margin rate of 4.5%
Nexans has been awarded a contract worth in excess of 14 million euros by BP Exploration Operating Company Ltd of Aberdeen to deliver a subsea umbilical system for the Devenick gas field in the North Sea.
Nexans takes note of the position of Draka Holding NV in relation to its announcement on October 18 of its intention to enter into discussion with Draka Holding N.V. with a view to launching a recommended offer for the company.
Nexans has been awarded contracts worth a total of 7.5 million Euros to supply its specialized FLAMEX® rail cable solutions for installation on new and modernized rolling stock on the Sao Paulo City Metropolitan Transportation network.
New Qatar International Cable Company (QICC) plant in Mesaieed Industrial City is Nexans’ first manufacturing plant in an Arabic Gulf states
Units 3 and 4 at Mochovce will rely on 5,000 km of Nexans’ low-voltage (LV) power, control and instrumentation cables to support vital safety and control functions
25,000 km of Nexans specialised FLAMEX® rail cable solutions will support power, control and data applications on new suburban trains destined for SNCF services
Nexans ENERGYFLEX® cables provide the vital connections for Italy’s largest solar photovoltaic project9/6/10
Over 1,000 km of specialized ENERGYFLEX® PV cables have been installed by Schneider Electric at a 43 MW solar photovoltaic facility in Puglia
Document available online.
Nexans wins a 64 million Euros turnkey contract for Greece’s new Nea Makri-Polypotamos high-voltage submarine power link8/3/10
Nexans has been awarded a Euros 64 million turnkey contract by Greece’s PPC (Public Power Corporation) to design, manufacture and install the new high-voltage AC (Alternate Current) power link between Evia and the region of Attika on the mainland.
Nexans has been awarded a 104 million Euro contract by Statnett, Norway’s national main grid owner and operator, to design, manufacture and install the new Oslofjord II submarine high-voltage power link.
Nexans CEO Frédéric Vincent yesterday signed a draft agreement with 12 other industry partners.
Paris, July 9, 2001 - Nexans, a world leader in the cable industry, has announced that installation of the latest state-of-the-art communications network has begun on 'The World' of ResidenSea, a new super luxurious cruise ship intended to be a floating home on the high seas.
Nexans has been awarded a major contract by Lincs Wind Farm Limited to supply the medium voltage submarine array cables and associated accessories for the 270 MW Lincs offshore wind farm to be constructed off the east coast of England.
Nexans has further increased the scope of its commitment to sustainable development by implementing its new ‘green drum’ programme.
Nexans opens a new aircraft cable manufacturing plant in Morocco as part of its partnership with Airbus6/16/10
Nexans has opened a new manufacturing plant entirely dedicated to aircraft cables in Mohammedia (Morocco).
Nexans has signed a Frame agreement with Nordex to supply customized WINDLINK® power cable sets and kits for onshore wind farm projects across Europe.
Paris, June 14, 2010 – Nexans has been awarded a 72.7 million euros contract by the Abu Dhabi Transmission and Despatch Company (TRANSCO) for a turnkey project to upgrade the high voltage underground power cable infrastructure in Abu Dhabi City, UAE.
Nexans has launched SHIPLINK™ as the new brand identity for its range of cable solutions and services for shipbuilding and offshore.
Nexans has successfully completed a new 75 km subsea power link between Pemba Island and the National Grid on mainland Tanzania.
Nexans is supplier of low and medium voltage XLPE cables for new combined cycle power plant in Vietnam
Nexans announced on February 10, 2010 the implementation of a new employee shareholding plan.
Nexans launches HYPRON®, a new environmentally friendly alternative to lead-sheathed cables for onshore oil and gas installations5/4/10
Nexans has developed its new HYPRON® range to provide an environmentally friendly alternative to lead-sheathed cables for onshore power, control and instrumentation applications in the oil and gas industry.
Project to manufacture and install new Extra High Voltage circuits in specially constructed cable tunnels will help meet Dubai’s need for more power.
ESPIRITO SANTO FPSO is now in operation with over 500 kilometres of halogen-free, fire-safe power, control and instrumentation cables
Superconducting medium voltage cable from Nexans conducts record current: 3,200 amperes during load cycle tests4/23/10
Laboratory measurement within the Endesa Supercable project demonstrates real world feasibility
Paris, April 22, 2010 – Nexans today announced 2010 first-quarter sales of 1.350 billion euros
Purchasing carbon offsets will support reforestation project in Tanzania
Nexans has won the Energy Master Award 2010 for its superconducting current limiter.
Nexans is using its participation at Smart Grids Europe 2010 to highlight how its state-of-the-art cable solutions and services can help the deployment of smarter power grids.
Dedicated cable laying ship has been lengthened by 12.5 metres to increase its cable handling capabilities.
Hürth, March 17, 2010 – Nexans SuperConductors GmbH from Hürth has won the Energy Master Award 2010 for their superconducting current limiter. The prize was awarded on March 15, on the eve of the three-day Energy Masters conference as part of a function held in the Berlin TV tower.
Nexans is using its presence at OTC 2010 to highlight its full range of cabling solutions and its umbilical cables.
Nexans is a gold sponsor for the FTTH Council Europe 2010 (February 24-25, 2010).
Nexans wins 13 million Euros power cable contract for the Linth-Limmern pumped-storage hydropower plant project in Switzerland2/18/10
Nexans will supply a turnkey solution, consisting of Extra High Voltage (380 kV) cables, for the connection to the Swiss national power grid.
Paris, February 10, 2010 – The Nexans Board of Directors chaired by Frédéric Vincent, which met on February 9, 2010, has approved the accounts for 2009.
Sterling Marketing Inc. will represent Nexans Electronics Cable in New England Territory.
Berk-Tek, a Nexans company, is pleased to exhibit and present at the BICSI 2010 Winter Conference & Exhibition. Visit us at Booth 1124.
Nexans to supply special cables for Baggage Handling System for extension or transforming airport programs worldwide12/15/09
The group will provide power and control cables.
High voltage subsea power export cables for the world’s largest wind farm.
for Victorian Desalination Project in Australia.
Reliable, recyclable and durable solution for solar energy
MOTIONLINE® : Nexans range of cable solutions for demanding automation applications where cables are in motion
Subsea cable will avoid construction of aerial power lines
Cabloswiss, a Nexans company, is collaborating with the Polytechnic of Milan.
Nexans Euromold tee-shaped connectors are designed for use with compact switchgear to make optimum use of limited installation space.
Nexans commissions in Germany the world’s first superconducting fault current limiter to protect a power plant’s internal power supply11/6/09
Utility company Vattenfall anticipates that pilot project at the Boxberg brown coal plant will help to increase personnel and plant safety
Nexans wins 50 million Euro submarine high voltage power cable contract for Centrica’s Lincs offshore wind farm project11/5/09
This new project illustrates once again Nexans’ position and competence in the energy infrastructure market.
Nexans wins a 6 million Euros ice-resistant cable contract from Sevmash to equip an oil production platform in the Barents Sea10/27/09
Nexans to supply around 850 km of control, instrumentation and power cables.
Nexans today announced 2009 third-quarter sales of 1,267 million euros.
Nexans to supply Cairo Engineering Equipment with approximately 500km of cable to be used in the new third runway being constructed at Cairo International Airport in Egypt.
Nexans to supply special railway cables to Alstom Transport for Istanbul’s Marmaray trans-Bosphorus rail link
3.3 million Euros contract to supply 1,350 km of specialized signalling and low voltage power cable
Noskab calls in Nexans to supply power cable for the development of the Saudi Kayan industrial complex
A Nexans group subsidiary in Australia has been informed of the commencement of proceedings in Australia involving several cable manufacturers including Nexans, by the local competition authority.
Nexans to deliver 932 km of power, control and data cables as NPRT’s sole onboard cable supplier for 16 train sets.
Nexans will supply and install 52km of 170kV high voltage power export cable with an optical fibre insert.
iSwitch G 1043E joins WINDLINK®, a range of high-performance solutions for wind turbines.
Nexans secures major frame agreement with BP Exploration and Production Inc. for deep water umbilical projects in the Gulf of Mexico8/25/09
Frame agreement to cover multiple umbilical projects could be worth as much as $300 million.
Nexans wins a 33.5 million Euro subsea umbilical contract from Petrobras for Brazil’s Tambau and Urugua deepwater gas and oil fields7/21/09
Nexans will develop, manufacture and supply umbilicals totalling over 65 km for installation in waters up to 1,500 meters in depth
The Fonds Stratégique d’Investissement (French Sovereign Fund) takes a 5% Stake in the Capital of Nexans7/1/09
The Fonds Stratégique d’Investissement (FSI – the French Sovereign Fund) has announced having acquired a shareholding stake in Nexans of 5%, following the acquisition of shares in the market.
Nexans announces the appointments of four new executive committee members
Nexans places operational excellence and quality of service at the core of its offering to the industrial construction market
"Not for distribution in the United States, Canada, Australia or Japan"/Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) - Exercise of the over-allotment option: amount of the issue increased to €212.6 millionMore...
"Not for distribution in the United States, Canada, Australia or Japan"/Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) - Visa by the Autorité des marchés financiersMore...
"Not for distribution in the United States, Canada, Australia or Japan"/Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) - Determination of the final terms of the BondsMore...
"Not for distribution in the United States, Canada, Australia or Japan"/Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE)More...
Annual Shareholders’ Meeting of May 26, 2009 - Frédéric Vincent takes office as Nexans’ new Chairman and CEO - Outlook for the first half 2009 and full-year 20095/27/09 More...
All the resolutions proposed to the vote of the shareholders were approved.
Nexans launches new FLAMEX® brand name for high-performance cable solutions for the rolling stock industry
The FLAMEX range covers all the product families.
Nexans wins an airfield lighting cable contract for King Abdulaziz International Airport in Jeddah, Saudi Arabia
Contract includes the supply of 1,500 km of 5 kV easy-to-install and watertight primary cables.
Supply of over 1,700 kilometres of power, control, instrumentation and telecommunications cables.
Paris, April 22, 2009 – Nexans today announced 2009 first-quarter sales of 1,245 million euros.
Nexans’ Board of Directors, in its meeting of April 3, 2009, decided to call a Mixed Shareholders’ Meeting on Tuesday, May 26th, 2009 (on first call).
The first halogen free marine & offshore full range cable to resist ultra-cold Arctic temperatures down to – 50°
Nexans will supply 81 km of infield submarine power cables for the connection of 88 wind turbines
The joint venture will be majority-held by Nexans and managed in close cooperation with its Indian partner.
First delivery of next generation repeatered fibre optic submarine systems for Nexans which will supply 1,300km of cable to connect Trinidad & Tobago to Suriname via Guyana
This innovative device is being installed into a medium voltage substation in order to optimize the performance and safety of the local power network.
Paris, February 12, 2009 – The Nexans Board of Directors chaired by Gérard Hauser, which met on February 11, 2009, has approved the accounts for 2008.
An investigation of Nexans, along with other international cable manufacturers, has been undertaken by competition authorities in Spain, Japan, South Korea, and the United States, as well as by the European Commission concerning in particular high voltage activities of the Group.
Paris, February 4, 2009 - Direct electrical heating (DEH) will provide eco-friendly and cost- effective heating for production pipeline
Nexans has been awarded contract by EBTE, the Alupar company responsible for the construction and development of the electric power infrastructure in the Brazil state of Mato Grosso, to supply AAAC (All Aluminium Alloy Conductor) for the construction of five new 230 kV overhead transmission lines with a total length of 775 km.
This contract confirms the Group's position as a market leader in the subsea umbilical sector.
Nexans and Sumitomo Electric Industries, Ltd. (SEI), today announced that they have reached an agreement to collaborate in optical fiber cable business for terrestrial telecommunications in Europe.
Nexans will supply power, control and data cables.
Issuance by Nexans of 2.5 million new shares in consideration for the contribution by Madeco of shares in Indelqui and InvercableMore...
Paris, August 1st, 2008 – Nexans announces the closing of its acquisition of the Italian company Intercond.
Jacques Villemur joins Nexans Executive Committee as Senior Corporate Vice President in charge of Human ResourcesMore...
Annual Shareholders’ Meeting of April 10, 2008 - Election of new Directors and renewal of a Director’s term of office - Approval of the resolutions relating to the Madeco transactionMore...
Ordinary and Extraordinary Shareholders’ Meeting to be held on April 10, 2008 at 9:00 a.m. (on first call) at the registered office located at 16, rue de Monceau, 75008 ParisMore...
Notice of the Annual Shareholders’ Meeting - Election of new Directors and renewal of a Director’s term of office - Resolutions proposed to the Shareholders Meeting relating to the Madeco transaction
Paris, March 7, 2008
Nexans confirms the financial conditions applicable to the sale to Superior Essex of its 40% minority interest in Essex Nexans
Paris, July 3, 2007 – Nexans confirms that its 40% minority interest in Essex Nexans was sold to Superior Essex for an amount of 22 million Euro.
Paris, June 28, 2007 - Nexans has announced the sale to Superior Essex of its 40% minority interest in Essex Nexans.
Annual Shareholders’ Meeting of May 10, 2007 - Confirmation of Nexans’ first semester outlook; possible improvement of medium-term objectives under consideration
Paris, May 10, 2007 – The Annual Shareholders' Meeting of Nexans, presided by Gérard Hauser, Chairman and CEO, will take place on May 10, 2007, at 4.30 pm in Paris.
AMSC and Nexans announce successful testing of world’s first power transmission cable made with 2G HTS wire
"Not for distribution in the United States, Canada, Australia or Japan"/Successful placement of Nexans inaugural bond issue
"Not for distribution in the United States, Canada, Australia or Japan"/Nexans announce a bond issueMore...
Renewal of Directors term of office - Election of new Directors - Notice of the Annual Shareholders’ MeetingMore...
2006 Results: Boosted by solid growth and rising profits, Nexans launches a new strategic plan for 2007-2009 and enters a new phase of its developmentMore...
Paris, January 31, 2007 -Nexans announces the signature with Superior Essex of two agreements for the sale of its winding wires activities.
Madam or Sir, 2006 has been for Nexans a year with vigorous growth and results that are expected to show constant progress...
Nexans signs a 65 million Euro frame agreement contract to supply power infrastructure cables in the United States
Power networks: Nexans reinforces its leadership position in high-voltage with the acquisition of The Valley Group
Nexans wins a 73 million Euro contract in the United States for Long Island Replacement Cable project
LIPA and American Superconductor Bring the Largest Superconducting Transmission Cable to Long Island
Nexans announces an increase in the amount of its issue of Bonds convertible into and/or exchangeable for new or existing shares (OCEANE) due January 1st, 2013 to € 279,999,930.60More...
Not for distribution in the United States, Australia, Canada or Japan/Nexans launches an offering of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) - Final TermsMore...
Not for distribution in the United States, Australia, Canada or Japan/Nexans launches an offering of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) - AMF visa grantedMore...
Not for distribution in the United States, Australia, Canada or Japan/Nexans launches an offering of bonds convertible into and/or exchangeable for new or existing shares (OCEANE)
Bredbånd Finnmark to use Nexans fibre-optic cable to develop its telecommunications network in Finnmark, Norway
Nexans wins 7.4 million euros contract to supply offshore cables for the FPSO vessel of Nigeria’s Akpo deepwater field
Véronique Guillot-Pelpel is appointed Senior Corporate Vice President Human Resources and Communications of Nexans
Nexans wins a 171 million USD order to supply extra-high-voltage submarine link between Saudi Arabia and Bahrain
Nexans charters the specialized cable layer and construction vessel "Bourbon Skagerrak" for three years
Nexans to deliver the world’s first subsea umbilical with integrated high voltage cable in the Deepwater Gulf of Mexico
Nexans supplies the world's first high temperature superconductor contactless bearing to go on test for an industrial application
Nexans and iTRACS Corporation® announce strategic global partnership to provide Intelligent Infrastructure Management Solutions
Nexans has signed the Joint Venture agreement with Superior Essex concerning its winding wires business in Europe
Nexans to supply rolling stock cables for the Qinghai-Tibet Railway Project, a new line through China reaching 5, 072 meters above sea level
Nexans wins a 15 million Euro contract for the supply of fibre optic and copper cables to Atlas Telecom Network Romania
Nexans wins a 20 Million Euros turnkey contract for an energy and telecommunication link between Greece and Corfu
Nexans innovative Spider dredging system, levels the seabed at depths of 1,000 m before laying cables
Shanghai, April 6, 2005 - Nexans, the worldwide leader in the cable industry, has held a grand opening ceremony, in presence of Gérard Hauser, CEO of the Group, to mark the official start of production at its 22 million Euros special cable plant in Shanghai, China.
Nexans wins a contract worth around 22 million Euros for submarine trenching services in the Ormen Lange gas field
em2c headquarters is Europe's first building to be equipped with a Nexans Plastic Optical Fibre network
Nexans to install the world's first 420kV XLPE submarine power cable for the Ormen Lange development
Paris, 10 January 2005 - Nexans, has won a contract worth around Euros 15 million to manufacture and install the world's first 420kV XLPE (cross-linked polyethylene) submarine power cable for the ongoing development of the Ormen Lange gas field on the Norwegian continental shelf.
Nexans signs and closes an agreement with Superior Essex for the sale of its US based winding wires business
Nexans and Telefónica sign a contract for the supply of two million kilometers of conductors over the next two years
A full set of slides to illustrate the presentation of the results is also available.
Success of Nexans' offering of bonds convertible into and/or exchangeable for new or existing shares (OCEANE)
Not for distribution to U.S. persons or in the United States, Canada or Japan / Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) - AMF visa granted
Not for Distribution in or into the United States, Canada or Japan / Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) - PricingMore...
Not for Distribution in or into the United States, Canada or Japan / Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE)More...
Not for Distribution in or into the United States, Canada or Japan / Offering by Nexans of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) - Coupon fixingMore...
Paris, August 6, 2002 - Nexans has produced electrical harnesses for the comet probe ROSETTA for ASTRIUM (United Kingdom and Germany), under a European Space Agency (ESA) contract.
Nexans Awarded Contract in Taiwan for the supply and installation of Optical Interconnection Systems to Howin Technologies Corporation
Nexans' high temperature superconductor elements are key to US Department of Energy's $12-million fault current limiter project
Gérard Hauser, Chairman and CEO of Nexans, becomes President of the International Cablemakers Federation (ICF)
Nexans supplies 400-kV cables and accessories for Germany's largest and most modern pumped storage power station
Nexans has not submitted an offer for the acquisition of the Transmission and Distribution (T&D) activities of Alstom
Nexans and Pirelli awarded a contract worth 115 million euros, the 2003 most important contract in the Energy sector
Nexans wins a 30 million euro contract for the integral supply of the cabling of the new Lötschberg railway tunnel (Switzerland)
Paris, November 26, 2002 - Nexans has been awarded a 30 million euro contract by the Swiss railway company BLS Alptransit for the supply of the high, medium and low-energy cables and all the optical fiber links to equip the first trans-Alpine rail link on the Basle-Milan axis.
Nexans buys PETRI, a medium and low-voltage cable accessories manufacturer, and sells AGRO AG, an electrical installation equipment manufacturer
Preliminary consolidated results for 2002: Nexans demonstrates its ability to adapt, and improves its financial structure, in a difficult environment
Nexans has signed a memorandum of understanding with Platinum Equity for the sale of its distribution activities in Norway
Nexans' half year results: Positive operating profit maintained, Management remains highly focused in a tough economic climate
Nexans announces preliminary FY-2001 results: Capacity proven for fast reaction in a difficult economic context, but promising perspectives for improving profitability
Nexans supplies electrical harnesses for Europe's most ambitious scientific spacecraft, the Rosetta comet chaser
Paris, February 24, 2004 - Nexans, has produced electrical harnesses for the comet probe Rosetta for space infrastructure firm Astrium.
Nexans signs an agreement in principle to buy Brazilian company Furukawa Cabos de Energia S.A. (FCE)
Nexans to manufacture superconductor cable for US Department of Energy's $30 million project on Long Island
Innopower chooses Nexans technology for China's first High Temperature Superconducting power cable project
The first European electrical installation portal is christened Voltimum, with Bruno Hamon as its Vice-President. Pirelli Câbles et Systèmes joins 5 the founding companies
Nexans takes a controlling share in the Korean company Daesung Cable thereby strengthening its position in Asia
*including the copper price