Fulgor
- Company typePrivate
- Founded1957
- HeadquartersAthens, Greece
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
Fulgor firmographics
Firmographics- Name
- Fulgor
- Legal name
- Fulgor S.A.
- Website
- https://offshore-technology.com
- Company type
- Private
- Founded year
- 1957
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Fulgor industry classification
Industry- Product category
- Power Cable Manufacturing
- NAICS
- Communication and Energy Wire and Cable Manufacturing (33592), Electric Power Transmission, Control, and Distribution (22112), Electric Bulk Power Transmission and Control (221121)
- SIC
- Electrical Industrial Apparatus (3620), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)
- akta.pro primary industry
- Underground & Submarine Cable EPC (HV/EHV) (EUAEABAB)
- akta.pro secondary industries
- Utility & Underground Distribution Cable (URD/Substation) (IMADAMAG), Subsea Cable System Supply & Manufacturing (Wet Plant: Cable/Repeaters/Branching Units) (HDAIALAE), Transmission Interconnection & Line Works (Gen-Tie Lines, Overhead/Underground Lines) (EUAMAFAF)
Keywords
Where Fulgor is headquartered
LocationHeadquarters
- HQ city
- Athens
- HQ country
- Greece
- HQ region
- Europe
Offices2 records
Markets served
Fulgor business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D
Revenue model
- Cable Manufacturing and Sales: Manufacturing and sale of submarine and underground power cables for electrical interconnections, offshore wind projects, and island connections. Revenue generated from large-scale infrastructure projects including the ADMIE framework agreement valued at approximately €1.15 billion.
- EPCI Services: Engineering, Procurement, Construction, and Installation (EPCI) services for cable interconnections, covering submarine and underground cable installation for island connections and offshore wind projects.
Fulgor product offering
Product offeringCore offering
Fulgor S.A. manufactures and supplies submarine (underwater) and underground power cables primarily for offshore wind energy projects and high-voltage electrical interconnections between Greek islands. The company also delivers EPCI (Engineering, Procurement, Construction, and Installation) services for cable interconnection projects, operating as the cable manufacturing subsidiary of Hellenic Cables within the Viohalco Group.
Product overview
Fulgor S.A. is a Greek cable manufacturing company and 100% subsidiary of Hellenic Cables, operating within the Viohalco Group. The company produces a focused portfolio of power transmission cables including submarine cables for offshore wind and island connections, and underground power cables for land-based grid infrastructure. Fulgor's products support green energy infrastructure projects, particularly Greece's renewable energy transition through offshore wind development and electrical interconnections between Greek islands.
Differentiator
Problem solved
Functional benefit
Products and services
- Submarine Cables for Offshore Wind Submarine (underwater) cables designed and manufactured for offshore wind energy projects and island connection applications, supporting green energy infrastructure development in Greece and the broader Mediterranean region.
- Island Electrical Interconnection Cables Submarine and underground cable systems for high-voltage electrical interconnections between Greek islands, including power transmission infrastructure for ADMIE's island grid connection projects.
- Underground Power Cables Underground power cables for land-based electrical transmission and distribution infrastructure supporting renewable energy integration and grid expansion, including 227 km of underground cables delivered under the ADMIE framework agreement.
- EPCI Cable Services Engineering, Procurement, Construction, and Installation (EPCI) services for submarine and underground cable interconnections, covering island connections and offshore wind projects for utilities and developers.
Companies that use Fulgor
Customer profileSegments2 records
Ideal customer profiles2 records
Fulgor technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Fulgor partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and flagship.
- Hellenic CablescoreFulgor SA is a 100% subsidiary of Hellenic Cables, operating as the cable division of Cenergy Holdings. Fulgor serves as the operational entity for cable manufacturing activities including submarine and underground power cables for Greek island interconnections and offshore wind projects.
- Viohalco GroupcoreFulgor SA is part of the Viohalco Group of companies, which includes Hellenic Cables and other industrial manufacturing companies.
- ADMIE (Independent Power Transmission Operator)flagshipFulgor, operating through Hellenic Cables, was awarded the Lot A portion of ADMIE's framework agreement for electrical interconnections of Greek islands. The €1.15 billion contract covers EPCI of four interconnections (Thrace-Lemnos, Kos-Rhodes, Lesvos-Lemnos, and Lesvos-Chios) comprising approximately 694 km of submarine cables and 227 km of underground cables. Production starts in 2027, with completion targeted for 2031.
- Cenergy HoldingscoreHellenic Cables is the cable division of Cenergy Holdings, operating through its 100% subsidiary Fulgor S.A.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Fulgor competitors and assessment
Company assessmentBroad incumbents
- Prysmian Group: World's largest cable manufacturer with dominant positions in submarine HV power cables for offshore wind and interconnections. Directly comparable product portfolio to Fulgor, with Prysmian acting as the global benchmark in submarine EPCI and significantly larger scale.
- Nexans: French global cable manufacturer with substantial submarine HV cable manufacturing and EPCI capabilities, serving offshore wind and interconnector projects across Europe. Direct overlap with Fulgor's submarine cable and offshore wind value proposition.
- NKT A/S: Danish cable manufacturer and leading European submarine HV cable supplier, with high-voltage factory in Karlskrona. Directly comparable to Fulgor's HV submarine cable offering and competing for the same European offshore wind and interconnector projects.
- Sumitomo Electric Industries: Japanese diversified cable manufacturer with global submarine HV cable operations. Comparable product line to Fulgor in submarine and underground power cables, though Sumitomo operates at materially larger scale across multiple geographies.
- LS Cable & System: Korean cable manufacturer with growing presence in European submarine HV cables and offshore wind markets. Comparable to Fulgor's product portfolio of submarine and underground power cables, and a competitor for European interconnect projects.
- Furukawa Electric: Japanese cable and materials manufacturer with submarine HV power cable capabilities serving offshore wind and interconnector markets. Overlaps with Fulgor's submarine cable offering at the product level, though Furukawa operates as a broad industrial conglomerate.
- ABB (Hitachi Energy cable solutions): Hitachi Energy (formerly ABB Grid Integration) supplies HV and EHV cable systems including submarine and underground cables for transmission projects. Comparable in serving utilities and interconnect customers, though as a much larger diversified power equipment supplier rather than a pure-play cable manufacturer.
Direct peers
- JDR Cable Systems: UK-based subsea cable manufacturer specializing in submarine power cables for offshore wind and oil & gas. Comparable in product specialization (submarine HV cables) to Fulgor, though JDR focuses on array and inter-array cables while Fulgor targets longer export/landfall cable runs.
- Tratos: Italian cable manufacturer producing HV and EHV power cables, including submarine and underground cables for utilities and renewable energy projects. Comparable in size and product specialization to Fulgor, serving similar European utility customers.
- Tele-Fonika Kable (TFKable): Polish-based global cable manufacturer producing HV and submarine power cables for energy infrastructure, including offshore wind. Closely comparable to Fulgor in scale and product specialization, with similar European footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Fulgor social profiles
Digital presenceFulgor financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fulgor leadership team
Management profileNumber of profiles
Fulgor funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fulgor M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fulgor
What does Fulgor do?
Fulgor S.A. manufactures and supplies submarine (underwater) and underground power cables primarily for offshore wind energy projects and high-voltage electrical interconnections between Greek islands. The company also delivers EPCI (Engineering, Procurement, Construction, and Installation) services for cable interconnection projects, operating as the cable manufacturing subsidiary of Hellenic Cables within the Viohalco Group.
Is Fulgor a public or private company?
Fulgor is a private company. It is classified as corporate owned and is currently operating.
When was Fulgor founded?
Fulgor was founded in 1957. It employs 101 to 250 people.
Where is Fulgor based?
Fulgor is headquartered in Athens, Greece, in the Europe region.
How does Fulgor make money?
Two revenue lines are on record. Cable Manufacturing and Sales are the primary driver. The others are EPCI Services.
Who are Fulgor's main competitors?
Broad incumbents on record are Prysmian Group, Nexans, NKT A/S, Sumitomo Electric Industries, LS Cable & System, Furukawa Electric and ABB (Hitachi Energy cable solutions). Direct peers are JDR Cable Systems, Tratos and Tele-Fonika Kable (TFKable).
Does Fulgor have an API?
No public API is recorded for Fulgor.
What industry is Fulgor in?
Fulgor's product category is Power Cable Manufacturing. Its primary akta.pro industry code is EUAEABAB, Underground & Submarine Cable EPC (HV/EHV), with a secondary code of IMADAMAG, Utility & Underground Distribution Cable (URD/Substation). Its NAICS code is 33592 and its SIC code is 3620.