Pirelli opens Romanian steelcord factory

Pirelli steelcord has officially opened its joint-venture factory in Romania. The factory is run by Cord Romania, an 80-20 joint venture with Continental AG, and is located in Slatina, Romania.

The two companies are investing a total of Euro 40 million over a five-year period, said Pirelli. The money will be invested in a series of phases. Initially the company aims to get up to running speed with a fine-drawing and cabling capacity of 6000 to 7000 tonnes per year, said Andrea Pirondini, Director BU Pirelli…

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