Hellenic Cables Group

Hellenic Cables Group (also known as Cablel Hellenic Cables Group) is a company manufacturing power, telecommunication and submarine cables, as well as enamelled wires and compounds. It offers cross linked polyethylene (XLPE), elastomer (EPR) or paper, as well as submarine fibre-optic cables, marine and low smoke halogen-free cables, fire-resistant cables, telecommunication, signal and data cables with copper conductors or optical fibres, as well as fire-retardant halogen-free plastic and elastomer compounds. The company also provides services such as customized applications, supervision applications, technical support, logistics solutions, training, spare parts solutions, installations, repairs and replacements, etc.
TypeSubsidiary
Parent CompanyCenergy Holdings
HQMarousi, GR
Founded1950
Websitecablel.com
Cybersecurity ratingAMore
Hellenic Cables Group was founded in 1950 and is headquartered in Marousi, GR

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Key People/Management at Hellenic Cables Group

Alexios Alexiou

Alexios Alexiou

CEO
Ioannis Theonas

Ioannis Theonas

CFO
George Karakostas

George Karakostas

COO
Ioannis Batsolas

Ioannis Batsolas

Chairman, Executive Member
Konstantinos Laios

Konstantinos Laios

Vice-Chairman, Non-Executive Member
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Hellenic Cables Group Office Locations

Hellenic Cables Group has an office in Marousi
Marousi, GR (HQ)
33 Amarousiou-Halandriou Str.
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Hellenic Cables Group Financials and Metrics

Summary Metrics

Founding Date

1950
Hellenic Cables Group is a subsidiary of Cenergy Holdings

Hellenic Cables Group Revenue

EURH1, 2016

Revenue

212.0m

Cost of goods sold

192.5m

Gross profit

19.6m

Gross profit Margin, %

9%
EURH1, 2016

Cash

8.6m

Accounts Receivable

136.2m

Inventories

101.8m

Current Assets

246.8m
EURH1, 2016

Net Income

33.6k

Depreciation and Amortization

7.6m

Inventories

(14.3m)

Accounts Payable

4.4m
EURH1, 2016

Debt/Equity

2.9 x

Debt/Assets

0.5 x

Financial Leverage

5.9 x
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Hellenic Cables Group Operating Metrics

FY, 2017FY, 2018FY, 2019

Markets

504646

Production Units

655

New Projects

6

Projects Completed

3
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Hellenic Cables Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Fulgor S.A.December 31, 2011
Icme Ecab S.A.December 31, 1999
Lesco O.D.D.

Human Capital Metrics

Hellenic Cables Group's employees are reported to be approximately 13% female and 87% male.
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Hellenic Cables Group Cybersecurity Score

Cybersecurity ratingPremium dataset

A

99/100

SecurityScorecard logo

Hellenic Cables Group Online and Social Media Presence

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Hellenic Cables Group News and Updates

Hellenic Cables signs new contract with Denmark’s Energinet for High Voltage Submarine Cables

Hellenic Cables, the cables segment of Cenergy Holdings, has been awarded another contract by Denmark’s Transmission System Operator Energinet, for the complete supply of a 145 kV cable system connecting Amager Power Plant (AMV) to Svanemølle substation (SMK) in Denmark. According to Energinet, the …

Ηellenic Cables enters the market of High Voltage Cables in France

For the first time Ηellenic Cables, the cable segment of Cenergy Holdings to supply RTE, the French Transmission System Operator (TSO) with 90 kV and 225 kV underground cables.

Successful Electrification Test of Skiathos Submarine Interconnection by Hellenic Cables

The electrical tests of the 150 kV high voltage submarine cable that connects Skiathos to the Greek National Transmission System were successfully completed. This constitutes an important milestone for the successful completion of the project, which is expected earlier than originally scheduled

Hellenic Cables Has Been Awarded by Thales Group

Ime Ecab SA, a major subsidiary company of Hellenic Cables in Romania, has been awarded by the Thales Group for the level of customer support for the year 2020. Thales Group, during the global supplier conference, recognised and awarded the excellent cooperation and performance of the Company to dat…

Cenergy’s talks with Nexans stop

Negotiations between French multinational cable manufacturer Nexans and local Viohalco’s subsidiary Cenergy Holdings on the sale of Hellenic Cables to the European giant have proved fruitless.

Hellenic Cables to supply and install 132 kV land cables for SP Transmission’s “Douglas North” project

Hellenic Cables has been awarded a contract by SP Transmission PLC (“SPT”), one of UK’s largest grid operators, for the supply and installation of 132 kV land cables required for the connection of Douglas West Windfarm to the new SPT 132 kV Douglas North collector substation and Kennoxhead Extension…
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Hellenic Cables Group Frequently Asked Questions

  • When was Hellenic Cables Group founded?

    Hellenic Cables Group was founded in 1950.

  • Who are Hellenic Cables Group key executives?

    Hellenic Cables Group's key executives are Alexios Alexiou, Ioannis Theonas and George Karakostas.

  • How many employees does Hellenic Cables Group have?

    Hellenic Cables Group has 1,094 employees.

  • Who are Hellenic Cables Group competitors?

    Competitors of Hellenic Cables Group include Volex, Encore Wire and Prysmian Group.

  • Where is Hellenic Cables Group headquarters?

    Hellenic Cables Group headquarters is located at 33 Amarousiou-Halandriou Str., Marousi.

  • Where are Hellenic Cables Group offices?

    Hellenic Cables Group has an office in Marousi.

  • How many offices does Hellenic Cables Group have?

    Hellenic Cables Group has 1 office.