Pirelli

Oct

Italy’s Pirelli to make tyres in Saudi Arabia with Saudi wealth fund

ROME, Oct 26 (Reuters) - Italy's Pirelli has signed a joint venture with Saudi Arabia's Public Investment Fund (PIF) to build a tyre manufacturing facility in the country, the two…

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Italy’s government acts to curb Chinese influence on Pirelli

ROME, June 17 (Reuters) - Italy's government has ruled that China's Sinochem 600500.SS cannot designate the chief executive of tyremaker Pirelli despite being its main shareholder with a 37% stake,…

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Pirelli puts brake on Russian activities

Italy's Pirelli said this week it had halted investments in Russia, excluding those linked to security, and that the activity of its factories in the country would be curtailed. "Pirelli…

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Italy’s Pirelli at high-end of FY forecasts

Italy’s Pirelli said it was at the high end of its full-year forecasts for revenue and profitability after first-quarter results topped estimates, helped by stronger sales of high-value tyres. Chief…

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Pirelli to issue 500 mln euros in convertible bonds

Italian tyre maker Pirelli said on Monday it planned to offer 500 million euros ($607.75 million) in five-year, zero coupon convertible bonds due 2025 as part of an operation to…

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Pirelli reboots its R&D to stay on track through the pandemic

When the coronavirus pandemic forced Italian tyremaker Pirelli to temporarily shut its factories in March, R&D chief Pierangelo Misani needed a rapid rethink. With a new range of products due…

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