Prysmian gives out €35M contract to expand submarine cable plant in Finland

Italian cabling giant Prysmian Group has awarded Finnish construction and development company YIT with a contract to build warehouse facilities at the production site for submarine cables in Kirkkonummi, Finland.

Under the contract valued at approximately €35 million, YIT is in charge of the expansion of four hall buildings and the construction of a new material warehouse in the area, covering an area of 26,000 m2.

The contract includes demanding ground engineering, concrete and steel construction work, as well as building systems engineering.

The project is expected to be completed in June 2026.

YIT was also chosen as the implementation phase partner for the cable tower project in the summer of 2023. The tower reached its ridge height of 185 meters at the end of last year, and is scheduled to be completed in the summer of 2025. 

“We are pleased to continue our cooperation with YIT in the expansion of Prysmian’s submarine cable center of excellence and factory production capacity in Pikkala. The contract now signed is a natural continuation of the ongoing cable tower construction project, which has progressed according to plan and on schedule,” said Ferdinando Quartuccio, Country CEO of Prysmian Group Finland.

Prysmian reported in June 2023 that it was investing around €120 million in the plant in Pikkala in order to further increase the production capacity of 525 kV HVDC submarine cable systems.

This latest investment comes as a response to the growth in demand for land and submarine power cables accelerated by the energy transition and related technology, the company said.

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