Cyprus Times

Nexans: New Schedule for GSI. Delivery Date Affected

Published January 7, 2026, 10:16
Nexans: New Schedule for GSI. Delivery Date Affected

Nexans has announced a new schedule for the Great Sea Interconnector (GSI) project, which will affect the delivery date. The company is working closely with its client to revise the project execution timeline. Despite these changes, Nexans assures that its financial forecasts for 2028 will not be impacted, due to the large volume of unexecuted projects and the preventative measures it has taken. Nexans CEO Julien Hueber stated that the company remains fully committed to completing the GSI project, which it considers a critical infrastructure. The company will announce its 2026 forecasts along with the 2025 results in February 2026.