Eastern European Cable Market to hit US$6.5 Billion in 2012

LONDON, April 12, 2012 /PRNewswire/ --

The Eastern Europe cable industry saw impressive growth rates through 2000-2008, before being hit hard by the global financial crisis.  Since then the cable industry has bounced back to become one of the fastest growing markets globally.  According to Integer Research's latest study, cable output in the region will top US$7 billion in 2012, and demand will reach US$6.5 billion.

"There is significant investment in the region, from existing companies and new entrants. The main players look entirely different now compared to 10 years ago, when Siemens sold off many of its operations in the region," says Integer Research Director, Philip Radbourne. "Tele-fonika is still by far the largest cable manufacturer in this region. It cemented its position with the acquisition of the leading Serbian cablemaker FKZ. It has been exporting cable products from Poland into Western Europe, but more recently has focused on significant investments in EHV power cable and a new submarine power cable operation in Szczecin (Stettin) on the Baltic coast."

The only global and regional producers with operations in more than one country are Prysmian Group (Hungary, Slovakia and Romania, and its subsidiary Draka Kabely in the Czech Republic), NKT (Poland and the Czech Republic), and Wilms Group (Czech Republic, Romania).

"Increasingly the leading economies such as Poland, the Czech Republic, Hungary and Slovakia, and more recently Romania have become intertwined with key Western European economies. This increase in investment and shifts in production into Eastern Europe has seen demand for cable increase sharply over the last decade," says Stephen Duck, Analyst at Integer.

Note to Editors

The Top Five producers in the region in 2011 representing 45% of the region's output in 2011 were Tele-fonika, Prysmian Group, NKT Cables, Wilms Group, Elloumi Group and Leoni.

Integer's Study

The Focus Report: Eastern European Cable Industry is the first of its kind in the cable sector to break out detailed market demand for each country in the region. It provides company profiles of the leading cable producers, with financial data.  It analyses in detail plant-by-plant production splits by product - including 25 Polish cable companies and more than 120 cablemakers across the region.

Integer Research

Integer is a specialist provider of research, data, analysis and consultancy services across a range of global industrial markets, including wire and cable and power systems.  

Contact

Peter Darlington on +44-20-7503-1265
[email protected]

SOURCE Integer Research

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED