Aug 25, 2022

Pirelli CEO Explains Company’s Position in Russia

Milan, Italy – While rival tire makers have opted to exit Russia following its invasion of Ukraine, Pirelli is continuing to manufacture and supply tires in the country.

Explaining the position on a call with investment analysts, Marco Tronchetti Provera, executive vice chairman and CEO said Pirelli had particularly strong connections into the Russian market.

Other major tire manufacturers “were much less structured in the market [and[ did not have distribution channels as we had,” Tronchetti Provera explained on the 4 Aug conference call.

“We have distribution in Russia that is consistent [with] …

Source: European Rubber Journal

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