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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.
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An ambitious and customized R&D program will be carried out.
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Ouglich site will produce power cables for the building and infrastructure market.
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Nexans supplied around 500 kilometres of cables, worth 3 million Euros.
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Nexans will supply power, control and data cables.
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This local production will enable Nexans to meet the demands of customers operating in China’s booming rail industry
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Renewed strong increase in organic growth in the cables business: up 7.4% in the third quarter 2008 compared with a 7.2% rise in the first semester 2008 - Organic growth for the whole year is expected to be higher than the initial 6% target - Confirmation of the Group’s capacity to attain a higher operating margin than in 2007 despite the uncertain economic situation
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With this acquisition, Nexans acquires a leading position in energy cables in a high growth area.
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In an order worth more than 1 million Euro, Nexans is supplying control, power and data cables for the Chinese Ministry of Railways.
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At Innotrans, Nexans will present its latest product innovations and major projects as complete cable solutions for new generation of urban transports.
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At HUSUM WindEnergy Nexans presents its response to the increasing growth of the global market for wind power – the new WINDLINK® range of cable solutions that ensure reliable wind turbine performance for manufacturers worldwide.
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Paris, August 1st, 2008 – Nexans announces the closing of its acquisition of the Italian company Intercond.
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Paris, July 30, 2008 – Nexans has supplied over 2,500 km of power and control cables for a total value contract of around 2.6 million euros.
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7/24/08
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Continued increase in organic sales growth of cable businesses: +7.2% - Strong improvement in profitability with operating margin of 9.1% at constant non-ferrous metal prices
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New contract signed with KAHRAMAA for the phase VIII expansion and development program of Doha’s electricity network, following the order worth 80 million euros announced last June.
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Paris, June 2, 2008 – Nexans announces having closed the sale of its Santander production unit.
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Paris, June 2, 2008 – The new Qatar International Cable Company QICC will be Qatar’s first cable plant
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Paris, May 29, 2008 – This acquisition strengthens the Group’s leadership in the fast-growing industrial cable activities
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Paris, April 30, 2008 – Nexans claims two world records: the longest cable with the highest voltage.
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The shareholders' information meeting was held in Paris on April 22, 2008, at the Musée d'Orsay.
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Paris, April 22, 2008 – Nexans today announced 2008 first-quarter sales of 1,743 million euros (at actual non-ferrous metal prices).
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Paris – April 16, 2008 – Nexans cables will export 315 MW of power from a new wind farm off the east coast of England.
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Paris, March 26, 2008 – 3,146 km of marine power and control cables to be fitted on offshore supply vessels.
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Paris, March 19, 2008 – Largest capacity HVDC cable manufactured by Nexans to date will provide a 40 per cent increase in power transmission capacity
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Paris, March 18, 2008 – Nexans has installed the cable in the basket spreader of a ship-to-shore crane.
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Paris, February 28, 2008 – The INEO-Nexans consortium has installed AERO-Z® high voltage overhead conductors in just 29 days.
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Paris, February 19, 2008 – The French Group gains a foothold in India.
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Paris, February 6, 2008 – 33kV submarine cables will be installed to create new power interconnections for islands in the Krabi Province
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Paris, January 31, 2008 - Read the press release, presentation and documents.
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Paris, January 17, 2008 – Nexans has appointed Dr Wolfgang Bedorf as member of the Executive Committee of the Group and Executive Vice President, Rest of the World Area, with effect from February 1st, 2008.
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