Pirelli builds another 200m-euro plant in Slatina

Italian tyre producer Pirelli, which holds a metallic cord and high-end tyre plant in Slatina, will invest around 200 million euros this year to build a new tyre production facility in Slatina. “The initial investment we conducted in Romania in the Slatina-based plant will be followed by another similar-sized investment this year in another tyre production plant, also in Slatina,” said Enrico Malerba, CEO of Pirelli Romania. The second plant, on which works are expected to start this year, targets the same production capacity as the first plant opened by Pirelli, i.e. a maximum of 4-5 million tyres per annum. After the second tyre plant in Slatina has been completed, Pirelli will produce over 8 million tyres a year in Romania, primarily set to go to foreign markets. The Slatina-based plant produced 2 million tyres last year, 95% of which were exported to Western Europe and North America.