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Pirelli will boost production in Romania

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Pirelli will boost production in Romania

Pirelli & C. SpA has signed a financing agreement with the European Investment Bank (EIB) to help Pirelli boost production at its passenger tire plant in Romania. The loan is for 50 million euros.

"The new loan consolidates the relationship between Pirelli and the EIB, which in the past participated in the group’s consistent commitment to innovation and increasing competitiveness globally, in research and development as well as in support of industrial growth," say Pirelli officials.

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