Hellenic Cables
Hellenic Cables, founded in 1950 and headquartered in Maroussi, Athens, is one of Europe's largest cable manufacturers, producing submarine, underground, overhead, and telecom cables plus turnkey installation services primarily for European transmission and distribution system operators and offshore-wind developers.
- Company typePrivate
- Founded1950
- HeadquartersAthens, Greece
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Hellenic Cables does
Hellenic Cables is one of the largest cable manufacturers in Europe and a subsidiary operating under Cenergy Holdings, with a stated founding year of 1950 and headquarters in Maroussi, Athens, Greece. It designs and produces power, telecom, and submarine cable products—including offshore power, onshore transmission, energy distribution, infrastructure, and telecom cables—plus turnkey installation services. The business spans submarine cable production (notably the Marea Hellenic plant), underground and overhead land cables, and bundled engineering, procurement, construction, and installation (EPCI) delivery, positioning it as a vertically integrated supplier to European grid and offshore-wind developers. The company serves primarily regulated and project-based utility customers across multiple European markets, including the Greek transmission system operator IPTO, the Dutch distribution system operator Alliander, and other European TSOs/DSOs, as evidenced by multi-year framework agreements awarded in 2025–2026.
The company monetizes through long-term framework agreements and project-based tenders for utility-grade cables, with pricing anchored to technical specifications, copper/aluminum input costs, and qualification status rather than to commodity spot pricing. Recent strategic moves—including EIB/HSBC/InvestEU-backed growth financing, US market entry via the Wire and Cable Manufacturers Alliance (WCMA), and recognition among "Europe's Climate Leaders 2026"—indicate an active expansion of both capacity and addressable market in submarine interconnectors, offshore wind export cabling, and sustainability-criteria utility procurement. The operating profile is that of a capital-intensive industrial manufacturer with 501–1,000 employees, privately held within the Cenergy Holdings group; revenue figures are not disclosed in the available data, and growth signals center on capacity-building rather than on volume transparency.
Hellenic Cables firmographics
Firmographics- Name
- Hellenic Cables
- Legal name
- Hellenic Cables
- Website
- https://cablel.com
- Company type
- Private
- Founded year
- 1950
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Hellenic Cables, founded in 1950 and headquartered in Maroussi, Athens, is one of Europe's largest cable manufacturers, producing submarine, underground, overhead, and telecom cables plus turnkey installation services primarily for European transmission and distribution system operators and offshore-wind developers.
- Ownership category
- akta.pro rank
Hellenic Cables industry classification
Industry- Product category
- Power and Telecom Cable Manufacturing
- NAICS
- Communication and Energy Wire and Cable Manufacturing (33592), Power and Communication Line and Related Structures Construction (237130)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)
- akta.pro primary industry
- Power Cables & Conductors (LV/MV cables, flexible cables, bus wire, armored cable) (IMAGAEAC)
- akta.pro secondary industries
- Underground & Submarine Cable EPC (HV/EHV) (EUAEABAB), Utility & Underground Distribution Cable (URD/Substation) (IMADAMAG), Cables, Connectors & Electrical BOS Components Manufacturing (MV/HV, Subsea, Harnesses) (EUAMAHAK)
Keywords
Where Hellenic Cables is headquartered
LocationHeadquarters
- HQ city
- Athens
- HQ country
- Greece
- HQ region
- Europe
Offices1 record
Markets served
Hellenic Cables business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Power Cable Sales: Manufacturing and sale of power cables for offshore wind, onshore transmission, and energy distribution applications. Revenue is generated through project-based contracts and framework agreements with utilities and grid operators.
- Telecom Cable Sales: Manufacturing and sale of telecom cables for infrastructure applications.
- Turnkey Solutions & Services: Comprehensive project solutions including cable installation and related services for energy infrastructure projects.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Hellenic Cables product offering
Product offeringCore offering
Hellenic Cables manufactures and supplies power and telecom cables for utilities, transmission operators, renewable-energy developers, and infrastructure companies. The portfolio spans offshore power cables for wind farms and island interconnections, high-voltage onshore transmission cables, medium and low-voltage energy distribution cables, infrastructure cables for transportation and municipal projects, telecom fiber optic and copper cables, and integrated turnkey installation and project services.
Product overview
Hellenic Cables is one of the largest cable manufacturers in Europe, offering a comprehensive portfolio of power and telecom cable solutions. The company's product portfolio consists of six core solution areas: Offshore Power cables for marine/wind energy applications; Onshore Transmission for high-voltage grid networks; Energy Distribution for medium and low-voltage networks; Infrastructure cables for transportation and municipal projects; Telecom solutions for data and broadband networks; and Turnkey Solutions & Services providing complete project delivery. These products are designed, manufactured, and delivered to serve energy utilities, renewable energy developers, infrastructure operators, and telecom providers across global markets.
Differentiator
Problem solved
Functional benefit
Companies that use Hellenic Cables
Customer profileNamed customers1 record
Segments6 records
Ideal customer profiles3 records
Hellenic Cables technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Hellenic Cables partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core, major and minor.
- IPTO (Independent Power Transmission Operator)coreHellenic Cables was awarded Lot A of IPTO's framework agreement for Greek island interconnections. This strategic partnership involves supplying submarine and land power cables to connect Greek islands with the mainland grid, supporting Greece's energy transition and grid modernization.
- AlliandermajorHellenic Cables signed a long-term framework agreement with Alliander, a Dutch energy network operator, for the supply of medium voltage (MV) and low voltage (LV) power cables. This partnership supports Alliander's grid expansion and maintenance activities in the Netherlands.
- WCMA (Wire & Cable Manufacturers Alliance)minorHellenic Cables joined the Wire & Cable Manufacturers Alliance to strengthen its presence in the US cable industry. This membership provides networking opportunities, industry advocacy, and market intelligence for the North American market.
Scale indicators1 record
Recent moves5 records
Expansion highlights5 records
Hellenic Cables competitors and assessment
Company assessmentDirect peers
- LS Cable & System: South Korean cable manufacturer with a global footprint in submarine power cables, HV transmission, and offshore wind. LS Cable competes with Hellenic in international tenders and is one of the few non-European players active in the European offshore wind cable market.
- NKT A/S: Danish cable manufacturer specializing in HV and submarine power cables for offshore wind and interconnector projects. NKT is a close competitor in the same European offshore wind supply chain and benefits from the same structural tailwinds.
- Leoni AG: German cable and wiring systems manufacturer with overlapping capabilities in power cables, infrastructure, and industrial applications. Leoni is a comparable European player competing in adjacent cable segments.
- Nexans: French global cable manufacturer with a directly comparable product range in submarine power cables, HV transmission, and offshore wind. Nexans is a primary competitor for the same European TSO and offshore wind developer contracts that Hellenic targets.
- Prysmian Group: World's largest cable manufacturer, headquartered in Italy, with a directly overlapping product portfolio in submarine power cables, offshore wind interconnections, and HV transmission systems. Prysmian is Hellenic's most direct global competitor in the European offshore wind and grid subsea cable market.
Regional players
- TF Kable: Polish cable manufacturer with a similar product portfolio in power cables, HV/MV systems, and submarine cables. Primarily serves Central European markets, providing geographic overlap with Hellenic's European focus.
Broad incumbents
- Sumitomo Electric Industries: Japanese diversified conglomerate with a significant cable business including HV power and submarine cables. Sumitomo is a broader incumbent with overlapping capabilities in submarine and power cables but operates across many other industrial segments as well.
- Furukawa Electric: Japanese conglomerate with a cable and wire business that overlaps with Hellenic's submarine and power cable offerings. Operates across a broader industrial portfolio including electronics and metals.
- Southwire Company: Major US-based wire and cable manufacturer serving utility, industrial, and commercial markets. Comparable to Hellenic's MV/LV distribution and building wire products, particularly relevant given Hellenic's WCMA partnership and US expansion intent.
Emerging players
- ZTT Group: Chinese cable manufacturer with growing global presence in submarine power cables and HV transmission. ZTT is an emerging competitor increasingly active in international offshore wind tenders, including European projects.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Hellenic Cables social profiles
Digital presenceHellenic Cables financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hellenic Cables leadership team
Management profileNumber of profiles
Profiles1 record
Hellenic Cables funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hellenic Cables 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 Hellenic Cables
What does Hellenic Cables do?
Hellenic Cables manufactures and supplies power and telecom cables for utilities, transmission operators, renewable-energy developers, and infrastructure companies. The portfolio spans offshore power cables for wind farms and island interconnections, high-voltage onshore transmission cables, medium and low-voltage energy distribution cables, infrastructure cables for transportation and municipal projects, telecom fiber optic and copper cables, and integrated turnkey installation and project services.
Is Hellenic Cables a public or private company?
Hellenic Cables is a private company. It is classified as unknown and is currently operating.
When was Hellenic Cables founded?
Hellenic Cables was founded in 1950. It employs 501 to 1,000 people.
Where is Hellenic Cables based?
Hellenic Cables is headquartered in Athens, Greece, in the Europe region.
How does Hellenic Cables make money?
Three revenue lines are on record. Power Cable Sales are the primary driver. The others are telecom Cable Sales and turnkey Solutions & Services.
Who are Hellenic Cables's main competitors?
Direct peers on record are LS Cable & System, NKT A/S, Leoni AG, Nexans and Prysmian Group. TF Kable is listed as a regional player. Broad incumbents are Sumitomo Electric Industries, Furukawa Electric and Southwire Company. ZTT Group is listed as an emerging player.
Does Hellenic Cables have an API?
No public API is recorded for Hellenic Cables.
What industry is Hellenic Cables in?
Hellenic Cables's product category is Power and Telecom Cable Manufacturing. Its primary akta.pro industry code is IMAGAEAC, Power Cables & Conductors (LV/MV cables, flexible cables, bus wire, armored cable), with a secondary code of EUAEABAB, Underground & Submarine Cable EPC (HV/EHV). Its NAICS code is 33592 and its SIC code is 3600.