According to foreign media, Pirelli has announced that it has begun expanding its tire production business at the Slatina plant in Romania.
Between 2005 and 2010, Pirelli has invested 300 million euros (4.34 billion U.S. dollars) in its tires, steel cord factory and another particulate filter plant in Slatina. By the end of 2014, Pirelli’s investment will increase. To 450 million euros.
Of this 450 million euros, there are 160 million euros used to expand its Romanian tire factory. The expansion project has started in 2008 and ended in 2013 with the aim of expanding production capacity and improving the competitiveness of Pirelli in the European market. The expansion project received financial support of 28 million euros from the Romanian government.
The annual production capacity of the Slatina tire factory is expected to reach 7 million this year. After the expansion project will reach 10 million, the Slatina tire factory, which calls itself the most advanced tire manufacturer, will become Pirelli’s largest tire factory. .
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