Current Issue

PREMIUM CONTENT FOR SUBSCRIBERS ONLY

Retail

Pirelli wants joint venture in Russia

Order Reprints

Pirelli & Cie SpA is negotiating for the creation of a passenger, light truck and heavy truck tire manufacturing joint venture in Russia.

Pirelli is in talks with Russian Technologies, a legal body established by the Russian Federation government that helps manufacturing companies develop, produce and export industrial products.

The parties have signed a letter of intent, which Pirelli Chairman Marco Provera says "is the first step towards establishing an important industrial presence of the Pirelli Group in Russia, a country in which we have a long commercial tradition... and in the next few years will become one of the major world markets in the automotive sector."

Related Articles

Pirelli will build three plants in China through joint venture

Pirelli finalizes Chinese joint venture

Continental seeks joint venture in China

You must login or register in order to post a comment.