Pirelli Completes $76 Million U.S. Dollar Upgrade Project in Russia

In January 2013, Pirelli Tire completed the modernization of the tire factory in Voronezh, Russia, and Pirelli operated the plant together with Russian Technologies.

Pirelli Tire said that the upgrade project for the Voronezh factory cost US$76 million to install a new plant that fully meets Pirelli's quality standards and will produce rubber compounds for Pirelli high-performance tires.

Pirelli and Russia’s industrial technology company promise that the two parties will invest another US$60 million in Voronezh’s plant in 2015, double their tire production capacity to 4 million pieces/year, and add a logistics center to take charge of tires in Russia and abroad. transport.

In addition to the Voronezh plant, Pirelli and Russian Industrial Technologies have a factory in Kirov, Russia. Pirelli plans to expand the total capacity of the tires of the two plants to 10,500,000 per year by 2015.

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