OJSC “URALSIB Capital” is the exclusive financial advisor of Prysmian group in the acquisition of shares in the equity of OJSC “Investitsionno-promyshlennaya kompaniya “Rybinskelektrokabel” and affiliated companies

Prysmian

A leading player in the industry of high-technology cables and systems for energy and telecommunication, the Prysmian Group is a truly global company with sales exceeding Euro 5 billion in 2008 and a strong position in higher value-added market segments. With its two businesses, Energy Cables & Systems (submarine and underground cables for power transmission and distribution, for industrial applications and for the distribution of electricity to residential and commercial buildings) and Telecom Cables & Systems (optical cables and fibres and copper cables for video, data and voice transmission), Prysmian boasts a global presence with subsidiaries in 38 countries, 53 plants in 21 countries, 7 Research & Development Centres in Europe, USA and South America, and over 12,000 employees. Specializing in the development of products and services designed to meet customers’ specific requirements, Prysmian's key strengths include: a focus on Research & Development, the capacity to innovate products and production processes, and the use of advanced proprietary technologies. Prysmian is listed on the Milan Stock Exchange in the Blue Chip index.

Rybinskelektrokabel

OOO “Rybinskelektrokabel” is the Russian cable manufacturing enterprise incorporated June 20, 1999. Its core production is power cables, as well as cables with plastic insulation for low voltage distribution systems. The company also manufactures specially tailored production for telecommunication and telemetry. In 2008 Rybinsk reported a turnover of approximately 36 million € with a production unit located 350 km NE of Moscow, where 360 people are employed.

Director in Corporate Finance Department of OJSC “URALSIB Capital” Fuad Mekhti has concluded: “This transaction between European strategic investor and Russian cable manufacturer has indicated fundamental interest of foreign investors in the Russian market, particularly in manufacturing assets of industry sector. This transaction is of a great significance for Russian economy and Yaroslavsky Region. For OJSC “URALSIB Capital” this transaction was of a special interest in importance, which made us able to demonstrate our profound regional expertise in execution of complex international M&A transactions, as well as competitive strength and advantages of our investment bank.”