EoW July 2007

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EuroWire – July 2007 26
english corporate news
Powering up Peru!
Nexans is to supply 875km of 220kV
Aero-Z® high voltage, bare aluminium, over-
head conductors for a project to reinforce
Peru’s electrical power infrastructure.
Red de Energia del Peruo (REP), a
subsidiary of the Columbia-based ISA
Group (the largest electrical transmission
company in North Latin America) will
install the 455mm² cross-section Aero-Z®
conductors along Peru’s pacific coast to
connect two substations, Paramonga and
Chimbote.
The contract is worth approximately
€6.2 million. The replacement of old
electrical grids and the building of new
220kV transmission lines with Nexans’
Aero-Z® conductors in northern Peru
is being driven by the need to meet
the growing demand for energy in the
country’s industrial and mining region.
REP is also constructing new electrical
substations in order to interconnect a new
gas-fired power station.
The Aero-Z® conductors will be manu-
factured in Nexans’ Elouges plant in
Belgium.
The installation should begin in 2007 and
the link should be operational by 2008.
Nexans – France
Fax: +33 15669 8484
Email:
Website:
An example of the Aero® cable ▲
Profits jump . . .
Italian company Prysmian SpA has
seen a sharp rise in sales and profits for
the first quarter of 2007 – compared to
the same period last year.
Sales for the first three months of this
year amounted to €1,205 million, an
8.9% increase, while profitability leapt
from€52million in 2006 to €135million
this year, before interest and tax.
Prysmian SpA – Italy
Fax: +39 02853 54451
Email:
Website:
Orders and sales up
Germany-based SMS group signifi-
cantly increased its order intake in
2006 to €3,235 million and its sales
to €2,826 million. The company has a
total of 8,999 employees globally.
SMS Group – Germany
Fax: +49 211 881 4386
Email:
Website:
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