Türk Prysmian Kablo exports 40 percent of the cables it produces
Türk Prysmian Kablo exports 40 percent of the cables it produces
Uncategorized
20.08.2021 12:19
20.08.2021 12:19
ELECTRICITY
Türk Prysmian Kablo exports 40 percent of the cables it produces

Türk Prysmian Kablo, which has been located in the Mudanya district of Bursa since 1964, can produce 22 thousand different kinds of cables in its factory established on an area of 180,000 square meters. Approximately 40 percent of the cables it produces are mainly in the Turkic Republics and Middle East countries; Exporting to more than 40 countries, Türk Prysmian Kablo increased its export turnover by 37 percent in 2020 to TL 665,113,320.

Türk Prysmian Kablo, which has been producing millions of km of cable for 57 years in Turkey, one of the 50 countries where the world cable giant Prysmian Group operates, offers its innovative and sustainable solutions to the world. Among the cables produced by Türk Prysmian Kablo, which can produce 22 thousand different kinds of cables in its factory in Mudanya; There are all power cables up to 220 kV, communication cables with up to 3,600 pairs of copper conductors, fiber optic cables and special cables used in industrial applications. In addition, Türk Prysmian continues to provide unique and superior services to all its customers by making "Turnkey" projects for cables and systems.

"We contribute to domestic production"

Noting that they continue to contribute to domestic and value-added production with innovative and high-performance cable solutions, Türk Prysmian Kablo CEO Ülkü Özcan said, "The Turkish cable sector has a very important place when we consider the geographical location of our country. As a brand that is aware of this situation, we export to more than 40 countries covering a very wide geography. We export approximately 40 percent of the cables we produce to the Turkic Republics and Middle East countries. As Türk Prysmian Kablo, while continuing our investments in environmentally friendly innovative products and systems, we also inspire the dynamic sector with the cables and solutions we produce; we lead the development of the cable sector and contribute to the domestic production efforts of our country." Said.

"We achieved a 14.4 percent increase in our R&D expenditures"

Emphasizing that Türk Prysmian Kablo is "Turkey's Top R&D Spender" company in the Turkish cable sector, Ülkü Özcan continued his words as follows: "We invest in technology and innovation in our R&D Center located in Mudanya, which is one of the 25 R&D Centers within the Prysmian Group. We believe that the way to sustainable growth is through innovation. Based on this idea, we focused more on our R&D activities in 2020 and as a result, we achieved a 14.4 percent increase in our R&D expenditures. Our export turnover in 2020 increased by 37 percent compared to the previous year and amounted to TL 665,113,320. In 2021, we will continue to develop innovative products that support sustainability in energy and telecommunications infrastructures. While we continue to work for a better tomorrow with the projects we have implemented, we aim to increase the sales of 'green' products; we will continue to contribute to making energy and telecommunications accessible to all, and to support the production of renewable energy and sustainable technologies."

"We are at a more advanced level in the cable sector than many developed countries" Pointing out that the Turkish cable industry, which is growing in parallel with the developments in the construction, energy and communication sectors, has reached a level where it can compete in the global cable sector and export to all countries of the world with its production technologies at international standards, trained workforce, R & D studies and increasing quality awareness, Ülkü Özcan said, "The Turkish cable industry is in a very important position worldwide. The fact that more than half of the total production of cable manufacturers in our country is exported is the biggest indicator of this. The technology accessed by cable manufacturers in Turkey is at a level that can compete with other manufacturers in the world. In fact, we are more advanced than many developed countries. According to the studies and statistics carried out in recent years, the total size of the domestic and international sales of the Turkish cable sector is around 3-4 billion dollars today, and approximately 80-90 percent of the total production and turnover of cable manufacturers in Turkey is realized by 20 companies in the first place. On the other hand, the increase in incentive activities in the field of supporting R&D and the increase in the use of domestic products in domestic projects and the importance given to localization positively affect the domestic market."

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