SLRATINA, September 30, 2016 - As Pirelli celebrates its tenth anniversary in Romania, this Italian tire manufacturer announced that it will invest further in this area and will be located in Sliati until 2021. An additional investment of about 200 million Euros was made by the production center in Navarre, highlighting the strategic importance of the center at Pirelli. By 2021, Pirelli's total investment in Romania will reach approximately 740 million euros. At the same time, it will bring about 500 new job opportunities. The annual production capacity will increase from the current 10 million tires to 15 million.
Pirelli tires Pirelli tires

The 10th Anniversary of Pirelli Romania Plant welcomed the visit of Romanian Prime Minister Dacian Cioloș, accompanied by Romanian Finance Minister Anca Dana Dragu and Labor Minister Dragos Pîslaru, Pirelli Executive Vice Chairman and CEO Marco Tronchetti Provera, Pirelli Tire Romania Chief Giuliano Menassi, executive director of the Pirelli Group and an executive officer of the Pirelli Group, attended the event on behalf of the Italian brand. The additional investment plan is expected from now until 2021 to further enhance Pirelli's industrial competitiveness in Europe. On the whole, the factory's floor space will be expanded from the current 210,000 square meters to 260,000 square meters. Since its inception, the plant has the most advanced production technology, mainly to provide high-end automotive tires for the Eastern European market. The expansion plan also includes the addition of a production workshop for motorsport products at the Slatina factory, which will include an F1 tire production line, which will be an important backup for the main plant of the Pirelli F1 tires in Turkey. Romanian Prime Minister Dacian Ciolos said: "As Romania's Prime Minister, I think this is a very important investment, especially because it will create new jobs and train senior professional technicians. Pirelli has hundreds of local supplies. Business and Romanian companies will work with Pirelli to discuss more in-depth development opportunities.In the near future, attracting foreign direct investment is very important. At the same time, let them take root in Romania and bring new investment in R&D and innovation. It is very critical. It will create more opportunities for the local community and partners."

Pirelli's Executive Vice President and Chief Executive Officer Tronchetti Provera said: "In the past ten years, Pirelli has never stopped growing. It is not just because the Slatina factory occupied Pirelli in the core of logistics and business in the entire Eastern European market. Important strategic position, but also because of its strong ability to obtain national institutions accreditation in attracting international investment and support, Romania sees Italy as its second largest trading partner and one of the most important investment partners."

Pirelli's dedication to local communities

The Pirelli Group entered Romania in 2004 and established Pirelli Tire Romania. The new factory construction began in 2005 and began production in 2006.

In addition to the investment in setting up factories in Romania, Pirelli also carried out various research projects with the University of Bucharest and the University of Craiova, as well as participating in many social and cultural activities. These include the Italian Cultural Communication Project in the Rastiano region, in collaboration with Italy’s leading Inter Milan football club, the establishment of an Inter Milan Center dedicated to local children, and the Niguarda Hospital in Milan and Slatina. Reached a partnership and so on.

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