Pirelli to expand Romanian plant – again

ERJ staff report (TB)

Slatina, Romania) – Pirelli & C. S.p.A. will invest $136 million over the coming five years to expand capacity more than 50 percent for premium tyres at its 6-year-old car and light truck tyre plant in Slatina. The investment was trailed a year ago, but no details were given at the time. The latest reports add detail to the earlier announcement.

The Romanian government has pledged to contribute $47 million toward the project, which will raise the plant’s annual capacity to 13…

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