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With 70 years of successful cable manufacturing, Hellenic Cables is recognized today as one of the leading energy transfer and distribution companies in Europe, renewables and offshore wind, telecom and data networks, construction and industry markets. The Company is distinguished for its strong exports orientation and building long-term partnerships and links with major organizations in Denmark, Sweden, Belgium, Germany, the Netherlands, Canada and the United Kingdom.

It manufactures power, telecommunication and submarine cables and compounds. It serves major sectors such as energy transmission & distribution, oil and gas, renewables, telecommunications and construction.
Technical knowledge is combined with continual investment in state-of-the-art machinery to ensure levels of efficiency and quality meet the highest standards.

The Company has three cable production plants in Thiva and Corinth (Greece) and Bucharest (Romania), and one auxiliary production plant in Oinofyta (Greece). The Corinth production unit is one of the largest and most advanced submarine cable factories in the world.
Hellenic Cables places strong emphasis on the development of its people and the creation of value for its shareholders, partners and the communities in which it operates.

Taking this into account, attracting, retaining and developing the skills and know-how of its capable and talented employees continued to be a main concern. Looking ahead, it plans additional investments in technology and innovative cable solutions, as a way of contributing to the creation of a sustainable future for its stakeholders.

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5

Manufacturing plants across 3 countries

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25.3

Million EUR on average Invested annually over the last five years

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50

Markets exported to globally

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1,490

Employees

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180,000

tn annual capacity Of cables

The Company has three cable production plants in Thiva and Corinth (Greece) and Bucharest (Romania), and one auxiliary production plant in Oinofyta (Greece). The Corinth production unit is one of the largest and most advanced submarine cable factories in the world.

Hellenic Cables places strong emphasis on the development of its people and the creation of value for its shareholders, partners and the communities in which it operates.

Taking this into account, attracting, retaining and developing the skills and know-how of its capable and talented employees continued to be a main concern. Looking ahead, it plans additional investments in technology and innovative cable solutions, as a way of contributing to the creation of a sustainable future for its stakeholders.

hellenic cables graph hellenic cables graph hellenic cables graph

ACTIVITIES & SOLUTIONS

Hellenic Cables has adopted modern technologies to develop a wide range of innovative cable solutions, aiming to provide competitive, cutting-edge products and services targeting international markets. The product range includes a variety of cables and wires that cater to energy transmission and distribution markets in the renewable energy sources, telecommunications and data transmission, construction and industry sectors. It consists of submarine and land cables, low, medium, high and extra high voltage power cables, umbilicals, fibre optic, data, signalling and telecommunication cables as well as flexible subsea pipes.

OUR POINT OF FOCUS

hellenic cables history
hellenic cables history
hellenic cables history
hellenic cables history

Energy transmission, Distribution & Renewables

Hellenic Cables offers a wide range of high and extra high voltage submarine and land cables, overhead conductors and turnkey installation services:

Power Cables: LV, MV, HV & EHV / Submarine & Land / XLPE, EPR insulated /Composite power & FO

Turnkey Services (onshore & offshore)

Hellenic Cables provides a complete range of services and solutions (turnkey solutions), tailored tο customer demands. Turnkey solutions offer integrated services, from design to customer staff training and final testing. These services are provided for highly demanding projects, supervised by qualified, experienced executives.

Route survey / Design & Engineering / Manufacturing / Installation / Project Management / Commissioning / Training & Technical Support

Telecom & data transmission

Hellenic Cables started producing telecom cables in 1962. Today, after more than 50 years of development and continuous investment, the group manufactures a wide range of telecom cables in Greece and Romania:

Telecom network cables / Optical fibre cables/ Submarine Optical Fiber cables for Repeaterless applications

Construction & Industrial

Hellenic Cables manufactures a variety of cables for a wide range of industrial applications, such as:

Signalling & Control / High temp, low sag, Flame retardant, Mining/ Wind and Solar

OUR JOURNEY

In 1958, the Company starts its activities as a Viohalco plant. Icme Ecab S.A and Fulgor S.A are established

The cable production plant is relocated to Inofyta, 57Km north of Athens

In 1973, the Company was incorporated as an independent subsidiary under the name Hellenic Cables, expanding its production and trade operations. The completion of the first submarine interconnections becomes a reality

Production of XLPE Insulated medium voltage cables

Τhe first H.V. (High Voltage) 150KV cables are constructed by Fulgor S.A

Expansion of capacity with new plant in Thiva. High Voltage cable production line begins operations as well as the 2nd HV/EHV line up to 500kV.

With an approx. EUR 65 million-investment plan, Corinth production unit becomes a state of the art facility and one of the largest and most advanced submarine cable factories in the world. At the same time recognition as a worldwide supplier through the award of major contracts from leading European electricity transmission system operators (TSO), firmly establishes the Company internationally

Hellenic Cables, which is the largest producer of cables in Greece and South-eastern Europe, with its energy transportation expertise, and state of the art facilities interconnects the world at the highest technological level

HISTORY

hellenic cables history

OUR STRATEGY

The strategic objectives that guide the operational activities of the companies comprising the Cables segment are as follows:

  • Continuously develop high added value products and services such as high and extra high voltage submarine and underground cables as well as installation services and turnkey solutions
  • Diversify geographical footprint in dynamic regions such as Europe and the USA. These are markets which invest heavily in the development of power and telecommunication networks and in renewable energy projects
  • Maintain high levels of productivity by further rationalising the cost base, enforcing stricter inventory management and further improving the operational performance of the production units
  • Further improve liquidity through prudent working capital management
  • Preserve focus on human capital and on the sustainable development of its companies

Our contribution to climate change

The segment of cables is a significant enabler of the energy transition and the European “Green Deal” since over 50% of its revenue is coming from projects contributing to the expansion of Renewable Energy Sources in the energy mix and the gradual decarbonization of the global economy and the advancement towards a climate neutral future.

Specialized RES investment products

Responsible supply chain

Environmental Monitoring and ISO Standards

Electricity from RES

Hellenic Cables' products contribute to sustainable socio-economic development, to the fight against climate change thus playing a key role in the transformation to a climate-neutral economy (through manufacturing specialized RES investment products).

Whilst making continuous efforts to reduce the carbon footprint of its production process, Hellenic Cables recognizes that the effective response to climate change requires extensive partnerships with its supply chain, which contributes significantly to the carbon footprint of the raw materials used and, consequently, the Company’s products. The transition to a climate neutral economy and to zero carbon products also relies on changes regarding the basic materials used in the production of cables such as copper, aluminium and hydrocarbon derivatives (plastics, etc.). The transformation presupposes the significant penetration of new technologies linked to the reliable supply of green hydrogen, the partial or total replacement of hydrocarbons to meet energy needs, and the development of technologies for the collection and storage of carbon emissions.

Through systematically monitoring the production process and related environmental indicators, we aim at both improving our production process and minimizing our environmental footprint. Hellenic Cables implements an integrated Environmental Management System certified according to the international standard ISO 14001:2015, an Energy Management System based on ISO 50001: 2018 and reporting of greenhouse gas emissions and removals Standard ISO 14064:2018. The Company also closely monitors a series of environmental indicators so that it can continuously evaluate its environmental performance.

Through regular energy inspections, Hellenic Cables identifies and highlights areas of improvement and proceeds with improvement action plans Hellenic Cables, purchases unbundled, certified guarantees of origin (GOs) to cover the entirety of its electricity consumption. In the meantime, the company continuously explore alternatives for direct supply of renewable electricity, such as bilateral or market-based Green PPAs. Until such alternatives become available and viable in the markets where the company operates, Hellenic Cables will continue covering as much of its electricity consumption as possible through unbundled, certified GOs in order to support the renewable energy market for further investments.

INNOVATION & TECHNOLOGY

Investment in innovation and technology is a priority for Hellenic Cables, as it ensures the Company’s readiness and response to the constant changes of the market’s needs.

Following a comprehensive investment program during the last decade, the Cables segment further invested EUR 49.4 million. This allowed the Corinth plant to manufacture submarine cables of up to 500kV in long continuous lengths and expand its annual capacity to exceed 400km of high voltage cables.

In the same context, the Corinth plant expanded its inter-array cables production capacity to optimize its capabilities to serve a wide range of offshore wind projects worldwide. More important than investment in capital is, however, Hellenic Cables’ continued dedication to Research and Development (R&D). A dedicated R&D Department, with top-tier researchers and engineers, supported by advanced software tools and modern testing facilities, pursues core research, product development, innovation and product optimization while also providing technical support in engineering and manufacturing. This effort supports further the strategy to more

Through the Research and Development department, the Company places great emphasis on:

  • The development of new products, towards a “greener” economy by increasing the usage ratio of recycled materials and in full compliance with the new regulations and legislation, based on international standards and the specific requirements of specific projects.
  • The redesign and optimization of products, contributing to strengthening their competitiveness.
  • In the technical support of the production process, aiming at continuously improving productivity and quality.