Prysmian Group Norge / Draka Norsk Kabel

Name

Prysmian Group Norge / Draka Norsk Kabel

Legal name

Prysmian Group Norge

Website

https://no.prysmiangroup.com

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Industrial Cable Manufacturing

NAICS

Communication and Energy Wire and Cable Manufacturing (33592), Fiber Optic Cable Manufacturing (335921)

SIC

Electronic Components & Accessories (3670)

akta.pro primary industry

Power Cables & Conductors (LV/MV cables, flexible cables, bus wire, armored cable) (IMAGAEAC)

akta.pro secondary industries

Coaxial, RF & Specialty Signal Cable (IMADAMAE), Control, Instrumentation & Automation Cable (IMADAMAC), Utility & Underground Distribution Cable (URD/Substation) (IMADAMAG)

Keywords

• Power cable solutions
• Fiber optic cables
• Oil and gas cables
• Electrification cables
• Telecom cable infrastructure

Headquarters

HQ city

Drammen

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Cable and Cable Technology Product Sales: Prysmian generates revenue primarily through the manufacture and sale of a broad portfolio of cable products including energy and power cables, telecom and fiber cables, installation cables, oil and gas cables, data cables, and coaxial cables. The company also offers cable-related solutions and drum return services. Revenue is driven by both standard product catalog sales and custom-tailored cable solutions for the oil and gas industry.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Prysmian Group Norge manufactures and sells a broad portfolio of cable products including energy and power cables for transmission and distribution, telecom and fiber optic cables, installation cables for buildings, specialized oil and gas cables, data cables, and coaxial cables. The company also offers the Pure halogen-free cable sub-brand and supporting digital tools. Products are sold primarily through a direct B2B sales model and digital product catalog targeting utilities, telecom operators, oil and gas companies, and industrial customers.

Product overview

Prysmian Group Norge (formerly Draka Norsk Kabel) is a leading cable manufacturer offering a comprehensive portfolio of energy, telecom, and industrial cable solutions. The product lineup spans six core categories: Energy and Power Cables for transmission/distribution, Telecom and Fiber Cables for communications infrastructure, Installation Cables for buildings, Oil and Gas Cables (with specialized expertise from Drammen operations), Data Cables for networking, and Coaxial Cables for broadcasting. The company also offers the Pure Cables sub-brand featuring halogen-free cables for enhanced fire safety. Supporting the product range is CableApp, a professional digital tool for cable dimensioning and selection. The company is transitioning from the Draka brand to Prysmian in 2026.

Differentiator

Problem solved

Functional benefit

Brands

• Pure-kabler: Halogen-free Pure cables from Prysmian - positioned as the safest cable choice

Quantifiable outcome

• CableApp helps professionals dimension cables optimally, reducing both cost and CO2 emissions for installations.

Named customers1 record

Segments8 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• StatnettcoreStrategic or Co-development Partner · 1 December 2025Prysmian entered into a cooperation with Statnett, Norway's national transmission system operator (TSO), to strengthen Norway's energy security. The partnership focuses on supporting the national grid infrastructure through reliable cable solutions, contributing to secure and stable electricity transmission across Norway.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• NKT A/S: Danish cable manufacturer specializing in HV power cables, submarine cables, and building wire. NKT is a regional peer competing with Prysmian Norge in Scandinavian power cable markets and Nordic offshore wind/subsea projects.
• Leoni AG: German cable and wiring systems manufacturer serving automotive, industrial, and energy applications. Leoni competes with Prysmian in specialty cable segments and was a significant European cable manufacturer prior to its 2022-2023 restructuring.
• LS Cable & System: Korean cable manufacturer with a comparable product portfolio across power, telecom, and specialty cables. LS Cable competes globally with Prysmian in HV/subsea cable projects and represents the leading Asian low-cost competitor in commodity cable segments.
• CommScope Holding Company: US-based manufacturer of connectivity and cable solutions for telecom, data centers, and broadband networks. CommScope overlaps with Prysmian Norge in fiber optic cables, data cables, and coaxial cables for telecom infrastructure.
• Nexans: French global cable manufacturer with a directly overlapping portfolio spanning energy transmission, power distribution, telecom/fiber, and oil & gas cables. Nexans is Prysmian's closest direct competitor worldwide, including competing for Norwegian TSO contracts alongside Statnett.
• Belden Inc. US-based manufacturer specializing in data, networking, and signal transmission cables. Belden is most directly comparable to Prysmian Norge's data cables and coaxial cable product lines serving enterprise networking, broadcast, and telecom.

Emerging players

• Huber+Suhner: Swiss manufacturer of connectivity solutions including fiber optic, coaxial, and low-voltage power cables. Comparable to Prysmian Norge's telecom, data, and coaxial cable product lines, particularly in European industrial and rail electrification segments.

Broad incumbents

• TE Connectivity: Global manufacturer of connectivity and sensor solutions including wire, cable, and related products for industrial, automotive, and energy applications. TE's connectivity portfolio overlaps with Prysmian Norge's specialty cable and installation products.
• Sumitomo Electric Industries: Japanese diversified industrial conglomerate with a significant cable and wire division serving power, telecom, and industrial applications. Sumitomo competes in HV/subsea cable projects globally and operates at a broader industrial scale than Prysmian's cable-focused business.

Others

• Furukawa Electric: Japanese manufacturer with a cable division competing in power transmission, telecom fiber, and specialty cables. Furukawa competes directly with Prysmian in subsea cable systems and HV power cable tenders, particularly in Asia-Pacific markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/PrysmianGroup
• YouTubeyoutube.com/user/ThePrysmianGroup
• Facebookfacebook.com/PrysmianGroup
• LinkedInlinkedin.com/company/prysmian-group-norge-draka-norsk-kabel

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prysmian Group Norge / Draka Norsk Kabel