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"This contract not only ensures the future stability and growth of Prysmian, but also that of our suppliers and distributors who are located around the country," incoming Prysmian CEO Llyr Roberts said in a statement.
"We expect the flow on employment effect could be as high as 2:1, with extra jobs being created in transport and logistics, training and administration."
Quigley sits with Gian Ludovico de Martino di Montegiordano, Italian ambassador to Australia, and Roberts. Prysmian is an Italian-owned company listed on the country's stock exchange.