Hellenic Cables Cablel® award in “Diamonds of Greek Economy Awards 2018”

Hellenic Cables-Hellenic Cables Cablel® award in “Diamonds of Greek Economy Awards 2018”

Athens, June 6th, 2018


Hellenic Cables Cablel® has been awarded as one of the most dynamic and healthily developing Greek enterprises, in the context of the business excellence awards “Diamonds of the Greek Economy 2018”, which took place on Tuesday the 3rd of July in Grande Bretagne hotel. During the event, the “diamond” enterprises of the whole business spectrum were awarded and honored.

The event “Diamonds of the Greek Economy 2018”, which was organized by the New Times Publishing, sponsored by the Hellenic Federation of Enterprises (HFE), was attended by more than 500 executives from the most vital business groups and companies, representatives of the State as well as members of the country’s independent bodies.

The General Manager of Hellenic Cables Cablel®, Mr. Alexis Alexiou, received the award and in his brief greeting, he declared that “This distinction justifies and rewards the efforts of our people and our commitment to the vision, mission, values and philosophy of our company, with emphasis on innovation, competitiveness and responsible entrepreneurship”. Alongside, he referred to the value of Greek enterprises as well as to their importance for national economy, underlying that “Hellenic CablesCablel®, though its long and spirited course, believes and invests in Greece. Through its exports, it contributes to National Economy and through its projects, it supports the development of the Greek society. Moreover, over the last 8 years, we have realised large investments of a total exceeding EUR 180 million. As a result of the completion of the aforementioned investments, Fulgor constitutes today the most extensive and most contemporary submarine cable factory worldwide”.

Short reference was made to the extensive projects that Hellenic Cables Cablel® and its 100% daughter company, Fulgor have fulfilled. The companies, having won the trust of the biggest power transmission networks internationally, have executed successfully challenging projects such as the submarine interconnection between Denmark and Sweden, submarine interconnections for power transmission for offshore wind farms in the Northern Sea, as well as the Interconnection of the Cyclades to the National Transmission Grid, phase A of which was recently completed. In fact, the companies Hellenic Cables S.A. – Fulgor S.A. were recently awarded the project for the interconnection between Paros – Naxos and Naxos – Mykonos, for phase B of the interconnection of the Cyclades.

Finally, Mr. Alexiou pointed out that the companies of Hellenic Cables Cablel® have attained the position of the most substantial producer of cables in Greece and the Southeastern Europe by reclaiming the Greek talent and by developing characteristics and skills which now constitute an integral part of the companies’ DNA, such as integrity, responsibility, transparency, trust, flexibility, teamwork, persistence and support towards changes, having as their purpose the continuous improvement and innovation, customer – centric philosophy, know-how, reliability and excellence.

About Hellenic Cables

Cablel® Hellenic Cables represents the cable production segment of Cenergy Holdings SA, and is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for various industries, including offshore wind and power grid connections, while also undertaking the completion of turnkey power transmission and distribution projects. The Company’s production base comprises four plants in Greece and one in Bulgaria, including the submarine cables’ plant of its subsidiary, Fulgor, where the production and testing of some of the longest submarine cable lengths on a worldwide basis is empowered by the Company’s state-of-the-art facilities and equipment. Cablel® Hellenic Cables recently implemented a EUR 120 million approx. investment plan for the manufacture of high-voltage and extra high-voltage submarine cables at Fulgor’s plant. Looking ahead, additional investments in technology and innovative cable solutions are planned, as a way of contributing to the creation of a sustainable future for its stakeholders.